Do landed homes trump condos as investments?
Condo units generally fetch a better yield than landed homes and investors may bank on en bloc windfall
IN DENSE Singapore, many aspire to own a private landed home.
Over a 20-year period to the second quarter of 2021, prices of private landed homes rose 101 per cent, outperforming the 77 per cent jump in prices of private non-landed residential property based on data from the Urban Redevelopment Authority (URA). However, over a 10-year time frame, prices of non-landed homes rose more than landed homes.
For convenience, landed homes cannot top condominiums that are part of integrated developments with direct connectivity to a shopping m…
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