” MIDAS Development Corporation (MIDAS) believes that true wealth is the kind that delivers a greater good. “
Established since 2011, MIDAS Development Corporation is the leading Investment Real Estate Developer of American properties, mainly specializing in Detroit, Michigan. Headquartered in Singapore with an operations office strategically located in Detroit itself, Midas offers a range of superior investment American properties that are fully managed by Midas. Partnered with local professionals who have accumulative experience of more than 40 years in American real estate development, the company is focused on giving investors in Asia access to low entry, high returns property investments at up to 50% below peak prices.
To date, MIDAS has provided affordable rental homes for 1000 families in Detroit, Michigan, USA. These tenanted homes are owned by investors and managed fully by MIDAS. The company currently has a portfolio of more than 500 homes in the renovation phase. Working in tandem with the US federal government’s multibillion-dollar initiative to rebuild Detroit, MIDAS is committed to making a difference in the lives of real people, be they investors, or families on the road to recovery. In the pipelines, the company has plans to acquire and manage up to 10,000 more distressed single-family homes by 2020.
By purchasing and renovating the right houses in the right locations on a large scale, MIDAS offers the advantage of lower bulk pricing and a wide range of inventory selections for investors to choose from. Costs and the hassles of renovating and renting out the properties are also taken care of. To ensure sustainability of the investment model and manage risk exposure, MIDAS sets high standards in selecting tenants who are responsible and financially worthy.
MIDAS also provides the full suite of rental property management services, including and not limited to rental collection, sourcing of tenants, maintenance of property, property tax and utility bills management, and ensuring a guaranteed yield for the duration of the lease contract.
At MIDAS, we are committed to providing long-term passive income opportunities for our investor clients through our unique long-term management service contracts.
A subsidiary of Mustard Seed Group Pte Ltd headquartered in Singapore, we have an established presence across Hong Kong, China, Malaysia, Indonesia and USA.