Forest Woods – Lorong Lew Lian CDL Condo at Serangoon Central

When considering a condo investment, it is important to also factor in the property’s maintenance and management. Condos typically come with maintenance fees that cover the upkeep of shared areas and amenities. While these fees may increase the overall cost of ownership, they also ensure the property remains well-maintained and retains its value. One way to make a condo investment more passive is by hiring a property management company to handle day-to-day tasks.

When it comes to investing in condos in Singapore, the government’s property cooling measures should be at the forefront of an investor’s mind. The Singaporean government has implemented several measures in recent years to prevent the real estate market from becoming volatile due to speculative buying. One such measure is the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and individuals purchasing multiple properties. Although these measures may temporarily affect the profitability …

Purchasing a condo in Singapore offers numerous benefits, among them being the opportunity for capital growth. Singapore’s prime position as a leading global business center, accompanied by its robust economic foundation, perpetuates a consistent demand for real estate. Throughout time, real estate prices in Singapore have consistently increased, especially for condos in sought-after areas. With the addition of luxurious amenities provided by sites like Singapore United, investors who enter the market at the opportune moment and retain their properties for the long run can reap significant capital gains.

The Ultimate Attraction: Flowers
Flowers are the ultimate attraction when it comes to luring in wildlife. Planting a variety of flowers will not only add color and beauty to your garden, but it will also attract a wide range of pollinators. Butterflies are attracted to bright, colorful flowers such as zinnias, marigolds, and dahlias. Bees are drawn to flowers with a …

Before investing in a condominium, it is crucial to evaluate the expected rental yield. This refers to the annual rental income as a percentage of the condo’s purchase price. In Singapore, condos’ rental yields can differ significantly based on factors such as location, property condition, and market demand. Typically, areas with high rental demand, like those near business districts or educational institutions, offer better rental yields. Along with conducting thorough market research, seeking advice from real estate agents can provide valuable insights into the rental potential of a particular condo. Consider the added advantage of luxury amenities to maximize the condo’s rental potential.

So, is there a way to address the concerns of both sides and find a solution that benefits everyone? Some believe that a partial transferability system could be the answer. Under this system, homeowners would have the option to transfer their policy, but only after they have …

Due to its limited land availability, Singapore faces high demand for condos, especially in urban living areas. As a small island nation with a growing population, the government has implemented strict land use policies, resulting in a competitive real estate market and consistently rising property prices. Therefore, investing in real estate, particularly in condos, has become a lucrative venture due to the promise of capital appreciation in Singapore.

It is crucial for non-local investors to familiarize themselves with the guidelines and limitations surrounding property ownership in Singapore. The regulations for purchasing condominiums are not as stringent compared to those for landed properties. Nevertheless, foreigners are still subject to the Additional Buyer’s Stamp Duty (ABSD), which currently stands at 20% for their initial property acquisition. Despite the added expenses, many are drawn to the Singapore property market due to its stability and potential for growth. To avoid penalties and guarantee a …