Transform Your High-Rise Condo Smart Remodeling Solutions for Small Homes
When considering a high-rise condo investment, it is crucial to also evaluate the potential rental yield. This refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, rental yields for condos can vary significantly, depending on factors such as location, property condition, and market demand. Generally, areas near business districts or educational institutions with a high rental demand tend to offer better rental yields. Thus, conducting thorough market research and seeking guidance from real estate agents can provide valuable insights into the rental potential of a particular high-rise condo. High-rise condos in these desirable locations have a higher chance of providing a good return on investment.
3. Invest in built-in storage
Built-in storage is not only stylish but also a great space-saving solution for high-rise condos. Instead of relying on bulky furniture, opt for built-in cabinets and shelving. You can incorporate built-in bookcases in …