facebookIs Tokyo property good for investment? What are the pros and cons that I should look our for? - Seedly

Anonymous

03 Jul 2019

βˆ™

Property

Is Tokyo property good for investment? What are the pros and cons that I should look our for?

Tokyo seems like a good place to invest in property. Is this really true?

Discussion (2)

What are your thoughts?

Learn how to style your text

Cedric Jamie Soh

03 Jun 2019

Director at Seniorcare.com.sg

Due to negative population growth (less babies, more death) and the government's unwillingess to admit more foreigners in, there are less and less property buyers or renters in Japan.

Thats all I need to say.

Douglas Chow

26 May 2019

Chief Enlightenment Officer at Empower Advisory

Hi Douglas here. 2nd Key note speaker.

Yeah, recently there had been ads advertising for Tokyo properties.

Overseas properties are always tricky. Many Singaporea investors have been burnt as they buy into properties where it was stopped half way in construction, or worse never built.

One way to mitigate the risk is to buy only completed properties, so u don't have the risk of buying a non-finished product. Buying is easy. But disposal is tricky as u have to get their local agency or local agents to transact for u. And it's not easy to manage your property from afar.

I generally won't recommend overseas properties unless the risks are well ring-fenced and minimised. You also have to contend with exchange rate fluctuation, overseas with-holding taxes, management fees etc etc But at the end of the day, it's matter of individual risk appetite.​​​
You can always connect with me via https://www.facebook.com/douglas.chow.908 or simply whatsapp/sms my company 24/7 hotline @83324283
Remember, plan your finances properly, don’t overstretch, do your homework and enjoy your property investment journey.
Regards
Douglas Chow

Write your thoughts