
Naturally, the rising demand for new condos has made them the top preference for numerous buyers and investors in Singapore. Are you interested in a comprehensive side-by-side analysis of the advantages of new condos versus old ones?”
Investing in a Singapore condo also offers tax benefits for landlords. The country’s property tax rate is relatively low compared to other developed countries, and landlords can also claim expenses such as mortgage interest, repairs, and maintenance as tax deductions. This can greatly reduce the tax burden on rental income and increase the overall return on investment for condo owners.
One of the main attractions of investing in a Singapore condo is its strong rental market. The demand for rental properties in Singapore is high, with a large expat population and a growing number of international students. This creates a steady stream of potential tenants for condo owners, ensuring a consistent rental income. …