In addition to its strong new launch segment, Singapore’s condo market is also boosted by a thriving resale market. While newly launched condos often come with a premium price, a resale condo can offer better value in terms of size and location. Take for instance, an older freehold condo in Districts 9, 10, or 11 which may provide larger living spaces compared to a newer leasehold property, making it a popular choice among families and long-term investors. Furthermore, a freehold property is highly coveted as it is not affected by the depreciation of the lease over time. This makes it an attractive asset for those looking for condo rental options as well.
Singapore offers a diverse range of tenant profiles, providing investors with the opportunity to carefully select their desired market. A corporate lease is typical for luxurious condos located near the bustling Central Business District, while rentals targeted towards …
