What is Next Generation Ownership?
16 Jun 2023
We have recently introduced a concept called Next Generation Ownership, which signifies the property that generates income that can be saved for future generations. When you pass down the property to the next generation, it continues to generate income but is managed by someone else. By entrusting property management, you can enjoy better appreciation & rental returns.
On the other hand, managing the property yourself can be burdensome with maintenance & tenant search, adding to your current job or business responsibility. You can hand over the property to the next generation without disturbing their routine, while still benefiting from significant income & appreciation. So, we call this, ‘Next Generation Property’.
