The location of a real estate property plays a crucial role in its investment potential, particularly in Singapore. Condos located in prime areas or in close proximity to essential amenities like schools, shopping centers, and public transportation hubs are known to appreciate in value. Prime locations in Singapore, such as Orchard Road, Marina Bay, and the Central Business District (CBD), have consistently shown growth in property values. In addition, condos in these areas are highly sought after by families due to their proximity to reputable schools and educational institutions, which further enhances their investment potential. Considering the rental yield, investing in properties in these areas can be highly advantageous.
It is crucial for investors to thoroughly comprehend these rules and comply with them to avoid any legal issues.
It is imperative for overseas investors to have a thorough understanding of the laws and limitations surrounding property ownership in Singapore. …