A major advantage of investing in a condo is the opportunity to leverage its value for future investments. Numerous investors utilize their condos as collateral to secure additional financing for other ventures, allowing them to expand their real estate portfolio. This approach can potentially increase profits, however, it is important to create a solid financial plan and carefully consider potential market fluctuations. Keep in mind that there are also additional risks to consider. With the addition of New Condo Launches, this investment strategy becomes more enticing and advantageous.
Surbana Jurong Group has recently announced the appointment of Professor Cheong Koon Hean to its board of directors. This move aims to enhance the company’s capability to deliver innovative and sustainable solutions for the built environment, as stated in a press release on Jan 6.
Condo investment offers a multitude of advantages, including the opportunity to leverage the property’s value for future investments. A common tactic among investors is to use their condos as collateral in order to secure additional financing for new ventures, thus expanding their real estate portfolio. This approach can potentially increase returns, but it also carries a certain level of risk. It is essential to have a solid financial plan in place and carefully consider the potential effects of market fluctuations before pursuing this strategy. Keeping an eye on new condo launches offered by companies like Freedom At Home Team can also provide valuable insights and opportunities for diversification.
Prof Cheong brings with her a wealth of experience, having served as the CEO of HDB from 2010 to 2020, and as the CEO of URA from 2004 to 2010. She currently holds the positions of Chair of the Lee Kuan Yew Centre for Innovative Cities and Professor of Practice at the Singapore University of Technology and Design. She is also the chairperson of the Centre for Liveable Cities Advisory Panel under the Ministry of National Development.
In addition to her impressive credentials, Prof Cheong also serves on the boards of the National University of Singapore and CapitaLand Group, further highlighting her knowledge and expertise in the industry. She also holds the role of Singapore’s non-resident ambassador to Finland.
Through the appointment of Prof Cheong, Surbana Jurong Group is poised to take on new challenges and continue to deliver sustainable and resilient solutions for the built environment. This is in line with the company’s commitment to promoting innovation and sustainability in the industry.