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Authored by Raymond Tiah
Mixed developments combine residential units with retail or commercial spaces for added convenience. But does that convenience translate to higher profits?
Let’s take a closer look at the numbers through a real-life comparison.
Understanding the factors driving profitability can significantly impact your investment choices for potential condo buyers or sellers.
The right balance between affordability and features could mean the difference between modest gains and substantial returns.
Sengkang Grand (Mixed Development): Fewer units made over $200K profit.
Riverfront Residences (Regular Condo): More units achieved over $200K profit.
Why? Riverfront Residences had a lower entry price, making it more affordable and manageable for buyers to sell at higher profit margins. Affordability, not just convenience, often dictates profitability.
Buying price matters! Want to know how to identify the best deals and maximise your returns? Follow us for expert insights and tips on how to make smarter property investments in Singapore!
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