The secure venture development is a company that is engaged and involved in the real estate development of condominiums and projects relating to housings such as including double bay residences. This company holds its headquarter in Singapore. Secure venture development was established in 2008.
Secure Venture Development Real Estate Company
Secure venture development helps for the payment securement for the buyers as well as for the sellers. This company helps in the development and of real estate business and finalizing the dealings between parties. The major business development that this company causes to establish is to deal in projects relating to condominium a private residence that is owned by a single person or a family in a building or community with that contains multiple units. Basically, the condo is part of larger buildings. Further, this secure venture development also deals in the residence including housing and double bay residences.
Secure Venture Development Property Development
The dealing procedure of secure venture development is described as that any company is set to buy a building or any place for the purpose of development for residences the plan is made by the buyers to utilize that place for residential development the biding done to buy the place is earned by some company willing to buy. As the deal set between the two parties the secure venture development allows the delivering of payment securely to both parties.
Associate Company of UOL
As the associate company is all set to buy a property Nanak mansion for $201.08million after winning the bid the UOL associate company is all set to buy this property the UOL associated with secure venture development in this bid. So now the secure venture development will pay the 10 percent of considered amount including the $1 million tender fees paid on bid submission and the next amount of 90 percent shall be paid by secure venture development upon completion of the legal documents of the property and the completion of the deal as per biding done. Now the secure venture development is 50:50 between the UOL company and the Kheng Leong co Pte limited. The joint venture company will redevelop the site acquired and also acquire a private road next to the property.
As you know buying any property led you to the payment of the bid established in this case you even get an amount from bank lending for development similarly the financers does not risk today only upon the security of the project or the property held under the loan taken they want to establish the track record of the people behind the development further a company known as secure venture development helps you to keep a track record in collaboration with the financers or the bank from where the development loan is to be taken. This led to the secure development of the project associated and minimize the risk of being drowned, so joint venture development helps you to get secured through the payment and development plans and led to the better ending.