In Singapore, there is a wide range of tenant profiles, providing condo investors with the flexibility to target their desired market. For those interested in properties near the Central Business District, a corporate lease is a popular option. Meanwhile, locations near prestigious institutions such as NUS, SMU, and INSEAD have great potential for student rentals. Some investors may also consider short-term rentals; however, current URA regulations prohibit private homes from being rented out for less than three consecutive months, unless approved under specific conditions. Therefore, the traditional one- to two-year lease remains the most common and reliable rental model in the market. When looking into condo investment, these are essential factors to consider for potential success.
In today’s fast-paced world, people are continuously seeking for convenience and accessibility. New condos, with their modern amenities and prime locations, perfectly cater to these demands. This creates a high demand for new …