A ready-to-occupy property brings many benefits for buyers who want to experience more comfort and higher returns on their investment. There are many reasons to want to occupy a property immediately, such as the wish to move in without waiting for temporary accommodation, or the desire for immediate rental income in order to better finance the purchase.
Ready-to-occupy properties are easier to manage, helping purchasers avoid may of the hassles in other housing markets. Properties under construction may be available for lower prices, but they often come with inexplicable delays. Some of the end results may also be disappointing, because of how different the homes are from the brochures.
In the resale market, homeowners must often deal with extensive renovations and protracted home inspections. Many renovation projects take longer than they’re expected to, leaving you and your family in limbo for months. Rather than moving on the expected date, you might have to move temporarily to a different, less accessible property.
When you buy a ready-to-occupy home, you know that you’ll receive a product that meets a high standard. Rather than having to wait for months or even years to possess and enjoy your dream home, you can move in immediately—and if you’re not planning on using the property as your residence, you can list it for rent and begin earning income right away.
A ready-to-occupy property also saves money and time that might otherwise be spent on renovations. Qualified renovators are either difficult-to-find or pricey. But with ready-to-occupy properties, you can move in immediately knowing that all the facilities you need are ready for you.
If you haven’t had a chance to move in yet, or your plans change, ready-to-occupy homes are also much simpler to sell on the market. You can set the price according to your needs. Ready-to-occupy homes will be attractive to potential buyers for the same reasons they are to everyone else: they’re straightforward, reliable, and much less of a hassle.
Overall, ready-to-occupy properties are much easier to deal with and offer peace of mind for all your family members.
The award-winning 8 St Thomas development is just eight minutes’ walk from Orchard Road and only five minutes to the upcoming Great World MRT. At 8 St Thomas, bespoke living begins with timeless beauty and elegance. Designer fittings and finishes, including luxurious kitchen appliances from Miele, Daikin, Hansgrohe and Villeroy & Boch, can be enjoyed immediately after purchase.
Nearby 3 Orchard By-The-Park also offers fully furnished units in its 77 ready-to-occupy exclusive residences, boasting of custom interiors and thoughtfully-chosen furnishings. It is designed by world-renowned Italian architect Antonio Citterio, marking his first residential project in South-East Asia.
Also in the city, you’ll find Marina One Residences. These homes are thoughtfully appointed with premium Villeroy & Boch bath wares, top-in-class kitchen appliances from Miele, and signature Poggenpohl kitchen designs. Nestled amidst lush greenery and green parks whilst seamlessly connected to 21st-century infrastructure, each residence offers stunning city or sea views.
The same ready-to-occupy principle can be applied to retail listings. Though the Sims Urban Oasis residences are fully occupied, the development still has six elegant shop units ready for the taking. Just five minutes’ walk from Aljunied MRT station, these outlets offer attractive rental yields. With no need to pay ABSD on a commercial property, they provide a rare and excellent opportunity for any retail business.
A property purchase should save you time and make your life easier. When selecting a property, avoid the hassle of a resale or unfinished development and choose a home that is ready to welcome you into its space.