Singapore’s banks provide attractive mortgage rates to eligible purchasers, making condo investments more accessible. Additionally, the utilization of CPF funds for property acquisitions assists local investors in handling upfront payments and monthly payments. Nonetheless, it is crucial for investors to be mindful of increasing interest rates, as this may affect cash flow and overall returns. To safeguard against such risks, many investors incorporate financial buffers and focus on long-term trends instead of short-term price fluctuations. Furthermore, considering new launches may also be beneficial when making investment decisions.
One of the significant factors that have shaped the condo investment landscape is the government’s policies. In an effort to prevent a housing bubble and curb skyrocketing prices, the government has implemented stricter regulations on foreign ownership and speculation. This has helped to stabilize the market and promote sustainable growth. In the past, foreign buyers were allowed to purchase multiple properties, leading to …