In Singapore, the government’s property cooling measures are an important factor to consider when investing in condos. With the aim of curbing speculative buying and promoting a stable real estate market, the Singaporean government has implemented various measures over the years. These include the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and those purchasing multiple properties. While these measures may affect short-term rental yield, they also contribute to the market’s long-term stability, creating a secure investment environment for condo investments. Additionally, rental yield should be taken into account when considering the profitability of these investments.
9. Factor in Durability
Durability should be a top consideration when purchasing kitchen equipment for your rental property. As a landlord, you want appliances that will last for many years with minimum repairs or replacements. Look for appliances with a good warranty and positive reviews from other landlords.
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