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The thriving economy, stable political climate, and excellent quality of life have made investing in a condo in Singapore a highly attractive option for both local and foreign investors. With a strong real estate market and a variety of opportunities, condos are particularly appealing for their convenience, amenities, and potential for lucrative returns. For those considering investing in a condo in Singapore, this article will outline the advantages, factors to keep in mind, and necessary steps to take. Additionally, keeping an eye on New Condo Launches can offer further opportunities for potential investors.
With this mission at the core of the company, Aurico is set to continue its remarkable growth and become a well-known name in the property investment industry.Rewritten: Jason Ng, the CEO and executive chairman of the property investment and training firm Aurico Global, has achieved great success in just two years. From his humble beginnings, where he grew up in a rental flat, Ng has built a diverse portfolio of businesses and properties, with Aurico now managing a total of $52 million in assets.Upon starting Aurico in 2023 with his wife, Emelyn Ho, Ng consolidated his various business ventures under one roof. These include JC Global Developments, which focuses on co-living investments and management, Anchor of Life Training Consultants, which provides property and investment training, and My Preschool Hub, a provider of preschool enrichment resources and programmes.Aurico’s portfolio encompasses a variety of property types, including residential (co-living), commercial, and industrial assets. Its co-living arm, Communa, currently manages 380 units in shophouses, condos, and landed properties, with plans to expand to 600 units by the end of the year. Ng and his team are always on the lookout for valuable properties in high traffic areas, purchasing them below market valuation to ensure profitable investments.The company also has its sights set on strategic commercial properties, such as the mixed-use development Woods Square in Woodlands, where Aurico recently acquired a 560 sq ft commercial strata office unit for its own use. Additionally, Aurico has invested in food factories to tap into the growing demand for food production, as part of the government’s “30 by 30” goal to produce 30% of the country’s nutritional needs by 2030.In May, Aurico acquired a controlling stake in Autagco Ltd, a company listed on the Singapore Exchange. With plans to diversify and expand into property investment, co-living property management, education, and other businesses, Autagco’s board of directors recently announced their intention to enter the residential assisted living sector. Communa Gold, a wholly owned subsidiary of Autagco, will manage these projects.Motivated by his belief that investment education should be accessible to everyone, Ng has developed comprehensive and high-quality training courses for property investment. With the aim of reaching and empowering younger investors, Aurico is dedicated to helping people from all backgrounds make informed decisions and achieve their financial goals through real estate. It’s clear that with its strong portfolio and focus on education, Aurico is set to continue its remarkable growth and establish itself as a prominent player in the property investment industry.