SINGAPORE – A recent four-day preview of The Residences at W Singapore Sentosa Cove attracted 3,200 visitors after prices of unsold units were
Investing in commercial property appeals from a tax standpoint due to the absence of the additional buyer’s stamp duty . However, it requires hefty capital, potentially limiting some investors to small office or retail spaces. Land tenure might not be a critical factor for short-term property ownership. Rising real estate values can offset the declining lease of a 99-year leasehold property in the short term. Instead, factors like location, size and amenities should take precedence in decision-making, noted Mr Mak.4.
Moreover, the number of rental contracts in each region also sheds light on demand. During the 2022-2023 period, the OCR lodged 50,046 rental contracts, while the RCR had 36,698 and the CCR listed 30,823.Besides rental yield, factors such as capital gains, location and ease of renting out the property are crucial for a successful investment.
“The rental market, like property price moves, is cyclical – rents can fluctuate significantly and the flow of income from your property is not a surety.” Property values have generally appreciated over the past two decades, with a couple of dips along the way. Overall, it has been lucrative for those who entered the market early.
Prices for new properties have been rising in recent years, but the fact that values for these 10 units have all tumbled from 2013’s high is a clear warning about the dangers of buying into markets that are spiking.
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SBRMagazine - 🏆 13. / 51 Read more »
Source: SBRMagazine - 🏆 13. / 51 Read more »
Source: STForeignDesk - 🏆 4. / 71 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: The Straits Times - 🏆 8. / 63 Read more »