Exploring the Appeal of New Condo Developments Why Buyers and Investors in Singapore Prefer the Fresh and Modern Offerings

Naturally, condo in Singapore is highly sought after by both homeowners and investors, with a clear preference for newer developments. This is due to several compelling factors which make new condos a more attractive option.

A new condominium can garner a higher rental yield. Renters tend to be inclined to pay a higher price for a recently built unit in a contemporary complex with updated fixtures, improved amenities, and well-designed floor plans. This renders a new condo a more desirable option for potential investors.

The new condo trend has taken Singapore by storm, enticing both buyers and investors alike. So what makes these modern developments so desirable? Let’s take a closer look with a side-by-side comparison of new vs old condos.

In addition to these benefits, new condo developments in Singapore also offer a wide range of choices in terms of unit size, layout, and price points. This variety caters …