A Singapore condo typically comes with a 99-year leasehold tenure, although some may have only 60 or 70 years left. However, properties with shorter remaining lease terms often encounter limitations on financing, decreased demand, and lower potential for capital appreciation.
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One way to maximize CPF funds for condo investments is to leverage the CPF Investment Scheme (CPFIS). Under this scheme, individuals can invest their CPF savings in various financial instruments, including real estate investment trusts (REITs), unit trusts, and stocks. By investing in REITs, investors can gain exposure to a diverse portfolio of properties with relatively low risk and potentially earn higher returns compared to traditional savings options.
The first step to maximizing condo investments in Singapore is to research and understand the current market trends. With the rise of technology and online platforms, it is now easier than ever to access real estate data and analysis. Investors should …