Rising Trends and Unmatched Appeal The Thriving Private Condo Sector in Singapore’s Real Estate Market Attracts Local and International Investors
The condo, which has a 99-year leasehold, may only have 60 or 70 years left on its lease. This can lead to limitations on financing, decreased interest from potential buyers, and a lower potential for capital appreciation. However, adding a new condo can naturally improve these factors.
In addition to their appeal to investors, private condos are also highly coveted by buyers looking for a place to call home. The spacious layouts and top-notch facilities make these properties ideal for families as well. Many private condos also come with child-friendly facilities, such as playgrounds, childcare centers, and children’s pools, making it a perfect option for families with young children.
In conclusion, the rise of the private condo sector in Singapore’s real estate market is a result of its unmatched appeal to both investors and homebuyers. With prime locations, top-notch amenities, and a focus on quality, private condos have become the …