Investing in a property with a good view in Singapore can be a profitable move for several reasons.
Here are the top five factors that contribute to the potential success of such an investment:
1. High Demand: Properties with a good view are highly sought after by both local and foreign buyers, as they offer a unique living experience and a sense of exclusivity. This high demand can lead to increased property values and rental rates, making it a lucrative investment opportunity.
2. Better Rental Yields: As mentioned earlier, the average annual return on investment (ROI) for residential real estate in Singapore is around 10 percent. Properties with a good view tend to command higher rental fees, which can result in better returns for investors. This is especially true for properties located near or within the city center, where tenants are willing to pay a premium for a picturesque view.
3. Capital Gains: Investing in a property with a good view can lead to significant capital gains when it’s time to sell. As these properties are in high demand, their value is likely to appreciate over time, allowing investors to profit from the increase in property prices.
4. Attractiveness to Expatriates: Singapore is a popular destination for expatriates due to its stable economy, low crime rate, and excellent infrastructure. Properties with a good view are particularly appealing to this demographic, as they offer a comfortable and luxurious living experience. This can result in a steady stream of potential tenants, ensuring a consistent rental income for investors.
5. Positive Market Sentiment: The Singapore property market is known for its positive market sentiment, which can further boost the value of properties with a good view. Factors such as government policies, economic climate, and infrastructure developments can all contribute to the overall growth of the property market, making it an ideal environment for investing in real estate.
In conclusion, investing in a property with a good view in Singapore can be a profitable move due to the high demand, better rental yields, potential capital gains, attractiveness to expatriates, and positive market sentiment.
However, it’s essential for investors to carefully consider factors such as location, quality, price, and risk before making a decision. By doing so, they can maximize their chances of success and enjoy the benefits of investing in Singapore’s thriving property market.
Should You Buy, Sell or Wait?
If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?
It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.
I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.
I can help you by:
- Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
- Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.
You May Also Like …
Jayson Ang – December 9, 2022 – Share
TLDR The pandemic-induced recession has surprisingly boosted property prices in Singapore, defying conventional economic trends. Factors like cost-push inflation, limited...
Read More
Jayson Ang – May 17, 2023 – Share
The top 5 overlooked features that buyers are looking for in the Singapore real estate market. These are the overlooked...
Read More
Jayson Ang – November 15, 2024 – Share
Singapore, a vibrant and diverse city, is known for its eclectic mix of cultures, cuisines, and attractions. Among the many...
Read More
Jayson Ang – January 26, 2023 – Share
TLDR When selling your house, turn perceived disadvantages into advantages. For sun-facing homes, use UV sheets and blinds to manage...
Read More
Jayson Ang – June 12, 2023 – Share
TLDR When upgrading your property, consider factors like rental rates, Buyer's Stamp Duty adjustments, higher interest rates for bank loans,...
Read More
Jayson Ang – May 20, 2023 – Share
5 Singapore Property Trends to Watch in 2023: Expert Weigh In Top 5 Singapore Property Trends to Watch in 2023...
Read More
Jayson Ang – October 23, 2024 – Share
TLDR The Executive Condos (ECs) offer affordable options compared to private properties in Singapore. Despite price variations, most ECs remain...
Read More
Jayson Ang – November 3, 2024 – Share
The decision to invest in a property in Singapore can be both exciting and daunting, especially when faced with the...
Read More
Jayson Ang – November 12, 2023 – Share
TLDR The Singaporean real estate market has remained stable due to government cooling measures. These include Additional Buyer's Stamp Duty...
Read More
Jayson Ang – August 5, 2023 – Share
TLDR When aiming to purchase a home, it is crucial to gain knowledge about the buying process and track your...
Read More
Jayson Ang – July 24, 2024 – Share
When investing in Singapore's property market, it is crucial to be aware of the common pitfalls that can lead to...
Read More
Jayson Ang – August 11, 2024 – Share
Investing in Singapore property has long been considered a lucrative and stable way to build wealth. However, like any investment,...
Read More
Jayson Ang – April 23, 2024 – Share
TLDR The Lease Buyback Scheme (LBS) trend among older Singaporeans is slowly gaining momentum, despite initial reluctance. The scheme allows...
Read More
Jayson Ang – November 19, 2024 – Share
TLDR Navigating the Additional Buyers Stamp Duty (ABSD) in Singapore can be daunting for property investors. To save on ABSD...
Read More
Jayson Ang – July 7, 2023 – Share
TLDR When selling your house, be prepared to cover expenses such as outstanding home loans, legal fees, property agent commissions,...
Read More
Jayson Ang – July 10, 2023 – Share
Investment 101: The Top 5 Best Long-Term Values In Singapore's Property Market When it comes to purchasing property in Singapore,...
Read More
Jayson Ang – March 18, 2024 – Share
TLDR Younger generation in Singapore is reshaping house hunting by showing a preference for quality of life over location. Millennials...
Read More
Jayson Ang – April 11, 2024 – Share
TLDR The Singapore housing market is a rollercoaster of unpredictable changes. Three homebuyers share their experiences: Tristan waited too long...
Read More
Jayson Ang – October 27, 2024 – Share
TLDR Searching for a forever home should balance heart and practicality. Avoid homes with stairs, high cabinets, big kitchens, and...
Read More
Jayson Ang – August 13, 2023 – Share
TLDR When it comes to purchasing property in Singapore as a Permanent Resident or Foreign National, there are specific restrictions...
Read More