The landscape of condo investment is also heavily influenced by government policies. Rules like the Additional Buyer’s Stamp Duty, Total Debt Servicing Ratio, and Loan-to-Value limits are put in place to promote sustainable property growth and discourage excessive speculation. These measures have imposed a 60% Additional Buyer’s Stamp Duty for first-time foreign buyers, significantly raising the cost of entry. However, despite these cooling measures, the property market remains resilient, thanks to its strong fundamentals. Smart investors often take advantage of new launch condos with attractive deals, such as early bird discounts, deferred payment schemes, and favourable financing options. These opportunities are readily available at new condos for those looking to make informed investments.
Community Living
Living in a condo development also offers residents the benefit of security and efficiency. Most developments have 24-hour security in place, giving residents peace of mind and a sense of safety. Other features such as …
