Mid-end luxury markets are properties that are usually located in the outer central region. They are normally located outside the boundary of the District 9, 10, or 11. The present market value of the mid-end luxury market properties ranges from $1,100 to $1,500 psf. However, it would be difficult for this market category to go beyond the price level of $1,600 with the ceiling prices that Leonie Studio and Shenton are offering. Leonie Studio ceiling price ranges from $1,700 to $1,800 while the Shenton ceiling price ranges from $1,800 to $2,000. Considering the ceiling prices disparity and the property classification, the mid-end luxury market could not achieve a price that goes beyond the $1,600. Average price level could be close to $1,300 and $1,400 levels for the mid-end luxury market. The mass market condominiums are selling at an average price range of $1,000 to $1,100 psf for over 99 years with properties located at the non-traditional prime areas.Holding power of buyersThe unemployment rate in Singapore is about 2.2% in March 2010 (source: Ministry of Manpower). The physical shortage of the HDB supply is not immediately balance when the government is issuing land. The country is still experiencing shortage of HDB supply. The sudden downward spiraling of prices may not affect much the property buyers as long as property buyers offer reasonable prices and do not over bid. The best strategy is for the property buyers to bid within the median of the property prices in Singapore to be strongly competitive. Although this may not be applicable to highly priced developments or projects that demonstrate larger swings, this is good enough to keep up with the competition in cases of low HDB supply.HIGH END MARKET versus Mass MarketThe high-end market could still sustain a low HDB supply situation with the potential to appreciate its value including the properties located near the location of the high-end market. They would escalate too whenever the high-end properties near their location raise their market value. Properties with attributes comparable to the best locations across the globe will have a price benchmark equivalent or comparable to the internationally known best properties in other known locations. Exclusive attributes such as the Yacht Berthing, sea view, special butler service, near to exclusive resorts, within town and financial centers, centers of entertainment or other activities could help increase the worth of the property.
Tag Archives: Marketing
Raise Capital With Private Investors
If you have launched your own startup, your first biggest challenge is to raise capital. Fortunately, you choose from a lot of options to raise the funds your business needs. Among all the sources, crowdfunding is one of the best ones as it helps redefine how startups can get off the ground. In this article, we are going to help you know the benefits of raising capital with private investors through a crowdfunding platform. Read on to find out more.
Benefits of raising capital with private investors
1. Funding is not equity-based
First of all, crowdfunding is not necessarily equity-based. Although startups have the liberty to use the equity in order to catch the attention of potential investors, It’s not required to give up ownership to collect capital.
The good news is that some platforms allow their members to apply a reward-oriented approach in order to raise capital. For instance, if your business deals in a specific product, make sure you hand over a few units to your prospective investors before you roll it out for the ultimate users.
2. Attracting potential investors is easy
With crowdfunding, you can attract a lot of potential investors without putting in a lot of effort. Although you can try for angel investors, keep in mind that this process can cost you a lot of time. The reason is that you will have to pitch your small business concept several times.
On the other hand, if you use a crowdfunding platform, you will have to post your business pitch in only one place. And this page will be ready by hundreds of investors from across the globe.
These platforms have a lot of useful features that may help startups collect funds from investors. So, attracting potential investors and raising capital will be much easier using crowdfunding platforms.
3. Higher visibility
Crowdfunding can help you make your startup more visible. Since marketing may consume a large chunk of your budget, it makes sense to use a crowdfunding platform instead. For potential investors, it’s easy to fund a crowdfunding campaign.
And these activities can help boost the visibility of your brand. Plus, you can also attract investors for your next funding rounds.
The Bottom Line
If you want to raise funds for your startup, crowdfunding can be the best choice. All you need to do is become part of a crowdfunding platform and you will be able to tap into the pool of potential investors. And this will help you kick start your business and make it a success in the industry.