Investing in a condominium in Singapore offers numerous benefits, one of which is the potential for capital appreciation. This is largely due to Singapore’s advantageous location as a global business hub and its robust economic foundations, resulting in a constant demand for real estate. The property values in Singapore have demonstrated a consistent upward trend, with prime condo locations experiencing significant appreciation over the years. By carefully timing their investments and holding onto their properties for the long term, investors can reap considerable capital gains. Additionally, with the ongoing releases of new condo launches, the potential for further growth in the condo market remains promising.
Frasers Centrepoint Trust (FCT) has sold 10 strata lots in a retail development at 51 Yishun Central 1 (known as Yishun 10) to Frasers Property Limited for $34.5 million. The sale was made through a sale and purchase agreement between FCT’s trustee, HSBC Institutional …
