When considering an investment in a condo, it is crucial to evaluate its potential rental yield as well. The rental yield is the annual rental income as a percentage of the property’s purchase price. In Singapore, rental yields for condos can vary significantly, depending on factors such as location, property condition, and market demand. Areas with high rental demand, such as those near business districts or educational institutions, tend to offer better rental yields, making them attractive options for investors. Additionally, it is essential to consider foreign ownership restrictions, as they can impact the rental potential of a particular condo. Thorough market research and consultation with real estate agents, including those from foreign ownership, can provide valuable insights into the rental potential of a particular condo.
Furthermore, foreign buyers should also be aware of the taxation policies in the country they are purchasing a property in. In some cases, …