In a booming real estate market, certain old freehold condos have proved to be exceptional investments. According to recent data, these 20 properties have generated an average profit of $500k over the past decade. This remarkable achievement showcases the potential for lucrative returns in the real estate sector, cementing the desirability of these investments for discerning buyers.
In a fast-paced property market like Singapore, condominiums are always under scrutiny. The burning question remains: How long do most condos survive before going en-bloc? A recent analysis suggests a lifespan of roughly 35 years, highlighting the transient nature of these developments. As developers eye prime locations, the future of aging condos hangs in the balance, leaving homeowners anxious about the fate of their investments. Stay tuned as we delve deeper into the en-bloc phenomenon and the implications it holds for Singapore’s real estate landscape.
In a decade marked by fluctuating markets, there emerges a list of 31 remarkably lucrative condominiums that have defied the odds. Surprisingly, a few among them boast an age that far exceeds the competition. Join us as we delve into the captivating success stories of these long-standing, yet profitable, condos.
In an unfortunate turn of events, it has been announced that a significant number of residential property owners will have to bear the burden of higher taxes in the coming year. Furthermore, the highly anticipated launch of Tenet EC saw a staggering 72% of units sold on its very first day. Stay tuned for more updates on these developments and their implications.