Investment is a common tool for many of us to beat inflation. There are many types of investment available to us nowadays.
The traditional way of investing is to buy properties or stocks.
An increasing trend of alternate investments such as fine wine, fine arts, agricultural (Hydropnics), land banking and carpark.
Investors purchase a block of property in a car park – called “car park spaces.”
The investor then leases the space out to a tenant for a specified period of time. The tenant could be a property management company.
The property management company turns around and sub-leases the car parking space to customers on an annual basis.
The minimum capital outlay for a carpark investment is generally USD35,000 for a 6-year lease. Investors can expect a return that ranges from 8% to 10%.