Investing in Singapore Condo comes with numerous factors to consider, one of which is the government’s property cooling measures. The Singaporean government has implemented various measures over the years to discourage speculative buying and promote a steady real estate market. These measures, such as the Additional Buyer’s Stamp Duty (ABSD), impose higher taxes on foreign buyers and those purchasing multiple properties. While these may affect the short-term profitability of condo investments, they also contribute to the long-term stability of the market, creating a safer investment environment.
When contemplating an investment in a Singapore condo, it is crucial to evaluate its potential rental yield. This refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, the rental yield for condos can vary significantly, depending on factors such as location, condition of the property, and market demand. Typically, areas with high rental demand, such as those near business districts or educational institutions, offer more attractive rental yields. To gain valuable insights into the rental potential of a specific Singapore condo, it is essential to conduct thorough market research and seek advice from experienced real estate agents.
CapitaLand Development (CLD) has received an overwhelmingly positive response for its two latest projects in Vietnam. The preview of Orchard Hill, a 774-unit high-rise development in Binh Duong New City, was held on Oct 26 and has since seen 90% of its units booked. This project is the second phase of CLD’s partnership with United Overseas Australia, which includes a total of 3,500 freehold units in various types of developments.
The most popular units at Orchard Hill are the one- and two-bedders, and the project is expected to be completed by the fourth quarter of 2026. On Nov 9, CLD also hosted an exclusive preview of The Senique Hanoi, a 2,150-unit high-rise residential project in East Hanoi. The response has been similarly strong, with 92% of the units already booked. The Senique Hanoi is a joint venture with Mitsubishi Estate and Nomura Real Estate Development, and is set to be completed in 2027.
This positive reception follows the successful launch of the third and final phase of CLD’s Lumi Hanoi development in October, where 97% of the units released were taken up on launch day. The entire 3,950-unit Lumi Hanoi is now 99% sold.