The Ultimate Condo Choice Balancing Space and Potential for Future Growth through Condo Launches
The appeal of a Singapore condo launch is not just limited to its luxurious living spaces and top-notch facilities, but also its potential for rental income. Due to a large expatriate and foreign student population, there is a constant demand for high-quality rental properties. Expats, in particular, are drawn to condos for their convenient amenities and sought-after locations. For investors, rental yields can range from 2.5% to 4% annually, depending on the location, size of the unit, and market conditions. Popular areas such as River Valley, Novena, and East Coast are prime locations for professionals working in the Central Business District, while suburban areas like Punggol and Sengkang tend to attract families and tenants seeking more affordable rents with added lifestyle offerings.
Amenities are another crucial aspect to consider when choosing a condo. Amenities can greatly enhance your quality of life and add value to your purchase. These can include …