When contemplating a condo investment, it is crucial to also evaluate the potential rental yield. This refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, rental yield for condos can vary significantly based on factors such as location, property condition, and market demand. Locations with high rental demand, such as those near business districts or educational institutions, typically offer better rental yields. To gain a better understanding of a specific condo’s rental potential, it is advisable to conduct thorough market research and seek advice from real estate agents.
3. Explore Different Pool Types
There are various types of pools available in the market, each with its unique features and benefits. The most common types of pools include concrete, fiberglass, and vinyl liner. While concrete pools offer the most design flexibility, fiberglass pools are low-maintenance and come in various shapes and sizes. On …