Singapore has a thriving real estate market and if you own a condo in Singapore, you have an opportunity to make a significant amount of money through it. In this article, we'll explore some tips and strategies for how to make money with condos in Singapore. How to make money with condos: Renting out a condo One of the most obvious ways to make money with condos is to rent them out. Depending on the...
In Singapore, the annual value of a property is determined by the Inland Revenue Authority of Singapore (IRAS) and is based on the estimated gross rental income that the property can generate in a year. What is Annual Value of Property? The annual value of a property is the estimated annual rental value that a property can generate if it were to be rented out. It is an important factor in...
Residential property sales in Singapore, also known as one of the highest property sales rates in the world, with close to three new units per day. The number of residential properties sold in singapore is higher than most countries around the world as Singapore has one of the highest property sales rates in the world. There is a high demand for condo units in singapore because it is difficult to find...
The property market in Singapore is primarily driven by government policies, land supply, new condo launch rates and economic growth rate of Singapore. The government policies are formed to increase property value as well as to control the property market in Singapore. Land supply of Singapore has increased over the years from new condo launch rates of Singapore have also increased since 2008. In addition...
Do you know how much does a new condo cost in Singapore? The Singapore government has made it very easy for foreigners to buy real estate, and even residential property. This new condo development is the first in Singapore to allow foreigners to buy it outright. 1. What's the CPF for My Condo? From the time you buy a condo in Singapore, you’ll need to pay CPF (the Central Provident Fund). The CPF is your...