Maximizing Rental Income The Key to Securing Tenants Quickly and Minimizing Vacancy Periods for Older Condos and Condo Launches
One of the main factors driving the demand for condominiums in Singapore is the limited supply of land. As a small city-state with a scarcity of available land, property prices have consistently risen over time, particularly in central and city-fringe areas. Investors often see this as a valuable long-term investment to hedge against inflation and preserve their capital. Additionally, the government’s strategic infrastructure planning and strong economic stability contribute to the sustained growth of property values, especially in well-connected neighborhoods near MRT stations, business hubs, and reputable schools. As a result, areas like Orchard, Bukit Timah, Bishan, and newer locations like Tampines North and Tengah are experiencing a surge of condo launches that are generating significant interest among buyers.
Additionally, offering flexible lease terms can also help during slow rental periods. If your property is struggling to attract tenants, consider offering a lower rent price for a longer lease term …
