Martin Lee @ Sg

Trading in Niches

Apparently, there are some people who have been making money buying and selling columbarium niches.

The price of a niche can range from $500 in government-run columbarium, to almost $30,000 for a double-urn choice location niche in a private columbarium.

Those choice units with limited supplies have gone up in prices after they were sold out.

There are also agents who earn commissions from selling niches, just like property agents.

But not all buyers are niches are speculators. The bulk of buyers buy them in order to secure a good location as well as price for themselves.

I wonder what else people can think of in order to make money….