Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Saturday, May 18, 2019
The art of picking new property projects in Manhattan
Buyers are constantly overwhelmed with ads for new property projects, whether here in the US or even abroad. With so many projects and corresponding beautiful photos, I can imagine how overwhelmed a buyer would be.
Investing in new property projects is one of our focus niches when representing buyer clients from all over the world.
We pick projects with good appreciation potential. Client books the property and wait two years for completion. The advantage is the price discount given to buyers who buy pre-construction (before the building is built).
Factors we look at include demand for the type of property, wow factor and competition from other buildings.
Check out the full article I wrote about How We Pick New Property Projects In Manhattan.
Labels:
manhattan,
new property projects,
Wei Min Tan
Location:
New York, NY, USA
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