Purchasing a condominium in Singapore has emerged as a favored option for both domestic and international investors, thanks to the country’s thriving economy, stable political environment, and exceptional quality of life. With a dynamic real estate market, investing in condos presents a plethora of prospects, particularly due to their convenient location, abundant facilities, and potential for lucrative rental yields. This piece will delve into the advantages, factors to keep in mind, and necessary actions to take when considering a condo investment in Singapore. Rental yield is a crucial factor to consider when evaluating potential returns from a condo investment.

11. Regularly inspect and clean your drains
Clogged or malfunctioning drains can lead to water backup and flooding in your basement. Regularly inspecting and cleaning your drains can help to prevent this from happening.

It’s crucial to conduct thorough research and due diligence on the management of a condo before making …