It has long been considered a property investment instrument that is quite promising. This is because property investment profit growth is fairly fast. One type of property that is most looked at is exclusive condominiums. In Singapore, condominium prices continue to rise, and more and more new condos have already been sold out at the first sale. One of the exclusive condominiums that you can make investments in is Parc Canberra. The development has been carried out and completed in 2023.
The condo is considered as one of the promising investments because the number of types of buyer interest continues to increase. The number of enthusiasts is because of the crazy price of tread houses that are there.
If you are interested in investment property, then it never hurts for you to invest by glancing at the condo. The following are four reasons for a profitable investment, including:
Staying in a condo is a trend
Currently living in a condo has become one of the lifestyles of urban communities. This is because of the many facilities offered at a condo. Moreover, at this time many condos have been built both in the city center and in the business center so that it is easy for professionals to easily carry out their activities.
Selling prices continue to rise
The development of condo selling prices is also currently quite good, where the average increase can reach 5 to 10 percent per year. That’s why you can benefit a lot if you buy property at Parc Canberra.
Rental prices are more promising
The completeness of the condo through various facilities that are fairly complete and its strategic location makes the condo rental price higher when compared to renting a house. This is actually very beneficial for investors who want to seek profits by renting.
Become a favorite dwelling
The condo is estimated to be one of the favorite dwellings for urban communities, because with the increasingly limited land in urban areas making condos become one of the residential choices that are the most favorite choice for urban communities.
Those are some of the benefits that you can get if you make a condo investment.