When contemplating an investment in a condominium, it is crucial to also evaluate the potential rental yield. Rental yield refers to the yearly rental income as a percentage of the property’s purchase price. In Singapore, rental yields for condos can vary greatly depending on numerous factors such as location, property condition, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, tend to offer more favorable rental yields. Additionally, considering the potential for property appreciation naturally is important. Thorough market research and consulting with real estate agents can offer valuable insights into the rental potential and future value of a specific condo.
In addition to the physical cleaning, professional cleaners also offer the assurance of a successful end of tenancy inspection. Landlords and homeowners need to ensure that the property meets the standards set by the letting or estate agents. A failed …
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