A newly built condo has the ability to demand a higher rental rate. Renters are often willing to pay a premium for a modern unit situated in a contemporary building equipped with new fixtures, improved amenities, and practical layouts. This makes a new condo a desirable choice for tenants.
Moreover, resale condos in prime Singapore districts often come with a range of luxurious facilities. These can include swimming pools, gyms, function rooms, and 24-hour security, just to name a few. For families, these amenities provide a sense of convenience and comfort, allowing them to lead a modern and convenient lifestyle without having to leave their residential compound. For investors, these facilities can attract high rental rates and potential tenants, making the properties highly profitable. In addition, the overall maintenance and management of these facilities are usually of a high standard, providing a hassle-free living experience for both residents and tenants.…