When contemplating a condominium investment, it is crucial to evaluate the potential rental yield. This refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, condo rental yields can significantly differ, influenced by factors such as location, property condition, and market demand. Areas with high demand for rentals, including those near business districts or educational institutions, typically offer more attractive rental yields. It is recommended to conduct extensive market research and seek advice from real estate agents to gain valuable insights into the rental potential of a specific condo. Additionally, it’s worth considering luxury amenities, such as those offered at 7x7SF, which can also positively impact the rental yield of a condo.
Another way to combine traditional and functional layouts is by incorporating modern amenities into a traditional design. This can be achieved by using technology to enhance the functionality of the space …