To sum up, opting to invest in a Singapore condo presents a multitude of benefits. These include a high demand for properties, potential for appreciation in capital and appealing rental yields. However, it is critical to take into account various factors such as location, financing options, government regulations, and market conditions. Through conducting extensive research and seeking expert guidance, investors can make well-informed decisions and maximize their returns in Singapore’s ever-evolving real estate market. Whether you are a local investor seeking to expand your portfolio or a foreign buyer in search of a stable and profitable investment, Singapore condos offer a compelling opportunity. If you are interested, check out Singapore Condo for more information.
such as The MeyeriseFreehold condo The Meyerise fetches $5.03 mil profit
The Meyerise, a freehold condo, claimed the top spot for private condos in the week of Nov 29 to Dec 6 when a three-bedroom unit was sold for a new price peak of $2,771 psf. The record surpasses the development’s previous price high by 0.25%. The Meyerise was completed in 2015 and is made up of 239 units. It is located on Meyer Road in prime District 15 and is within 1km of Tanjong Katong MRT Station and Katong Park MRT Station. Nine units at the development have changed hands this year with an average price of $2,405 psf. The second highest record for a private condo during this time belongs to The Imperial on Jalan Rumbia in prime District 9. A three-bedroom unit was sold for $2,624 psf which surpasses its previous record by 2.3%. The third spot goes to Sky Vue on Bishan Street 15 in District 20. A three-bedroom unit was sold for $2,505 psf which is 5.9% higher than its previous record set in August. Four Seasons Park in District 10 also set a new price peak of $3,451 psf when a 2,336 sq ft unit was sold for $8.06 mil. The condo is a 99-year leasehold project with 202 units of two- to four-bedroom apartments. It was completed in 1994 and is located in a prime area with easy access to Orchard Road and the Central Business District.