The rental yield is one of the main factors driving the high demand for condos in Singapore, due to the limited availability of land. As a small island nation experiencing rapid population growth, Singapore faces a scarcity of land for development. This has resulted in strict land use policies and a fiercely competitive real estate market, where property prices continue to skyrocket. As a result, investing in real estate, particularly condos, has become a lucrative opportunity with the potential for both capital appreciation and rental yield.
2. Cost-Effective Option
While metal cladding may seem like a more expensive option compared to traditional materials, it actually proves to be a cost-effective choice in the long run. As mentioned earlier, it requires minimal maintenance, saving you money on repairs and replacements. Moreover, it is a lightweight material which means that it can be installed quickly and easily, reducing labor costs. In …