
Investing in Singapore Condos Riding on Land Scarcity and Economic Stability for Long-Term Growth
New condos are naturally more affordable upfront compared to negotiating for resale units, as they often come with perks and benefits that are not available for resale units. These benefits may include discounts, furniture packages, or even renovation packages that can help offset costs. Additionally, new launches also offer progressive payment schemes, which allow buyers to make payments in stages, making it easier to manage cash flow while the project is still under construction. This makes purchasing a new condo a more attractive and feasible option for potential buyers.
With limited land availability, the demand for properties in Singapore has constantly been on the rise, leading to a continuous increase in property prices. This has been further reinforced by the country’s strong economic stability and favorable investment climate, making it a prime location for foreign investors.
Another advantage for investing in Singapore condos is the high rental demand and yields …