Condo Format Dynamics

Investing in a condo in Singapore has become a top choice for both local and foreign investors, thanks to the country’s strong economy, political stability, and exceptional standard of living. With a dynamic real estate market, Singapore offers a wealth of opportunities for investment, and condos are particularly appealing for their convenience, amenities, and potential for high returns. With Singapore Projects on the rise, this article will delve into the advantages, key considerations, and necessary steps involved in investing in a condo in Singapore.

Original Article:C9 Hotelworks, an Asia-based hospitality consultancy, has reported that the market value of branded residential projects in Asia has reached a record high of US$26.6 billion ($35.5 billion). There are currently over 68,000 luxury units available, with Vietnam leading the region in terms of the number of branded residential units at 17,680 across 59 properties. The average price of a branded residential unit in Vietnam is around US$350 per square foot (psf).Thailand follows closely in second place with 16,271 branded residential units across 65 properties. The majority of these units are priced at US$510 psf. The Philippines is next on the list with 13,276 units across 46 properties, with luxury properties in the country averaging around US$400 psf.However, it is Singapore that commands the highest prices for branded residences in Asia, with units priced at US$2,140 psf. Japan follows closely behind with prices averaging around US$1,935 psf.The managing director of C9 Hotelworks, Bill Barnett, says that there has been a rapid growth in the branded residence market in recent years for new markets such as South Korea, which has 3,026 units across 16 properties, and Malaysia, which has 6,014 units across 24 projects.Infographic: C9 HotelworksIn recent times, urban-located branded residences make up 56% of the existing supply in Asia, with luxury urban projects taking the lead in terms of market value. For example, urban branded residences in South Korea are typically priced at US$2,670 psf, which is more than half the cost of resort projects, which average around US$1,040 psf.In Thailand, urban branded residences also fetch higher prices at around US$770 psf, compared to US$430 psf in resort locations. This shows the appeal of top hospitality, and other luxury lifestyle brands have spurred hotel groups and premium brands to increase their licensing fees. It is now common for luxury hotel brands and lifestyle brands to request a 6% to 10% cut in the sale price of each branded residential unit.Thai developer Ananda Development and German automaker Porsche recently unveiled the ultra-luxurious Porsche Design Tower Bangkok in Thonglor last August. The 22-unit tower, which is set to be completed in 2028, is the first Porsche residential tower in Asia, following the Porsche Design Tower Miami which launched a decade ago. Prices for units in the tower range from US$15 million to US$40 million.From left: Saowarin Chanprakaisi, vice-president of business development, The Ascott; Teo Junrong, vice-president of business development, The Ascott; David Johnson, CEO of Delivering Asia; Gianfranco Bianchi, general manager, Asia Pacific at The One Atelier; Jason Thelen, senior director of sales and marketing at Sudara Residences; Ananth Ramchandran, head of advisory and strategic transactions, hotels and hospitality Asia, CBRE; Lee Nai Jia, head of real estate intelligence of digital and software solutions, PropertyGuru Group and Bill Barnett, managing director of C9 Hotelworks. (Picture: C9 Hotelworks)The general manager of Asia Pacific at The One Atelier, Gianfranco Bianchi, notes that in recent years, more and more luxury lifestyle brands have been exploring partnerships to license their branding into real estate developments across the Asia Pacific region. One Atelier has partnered with several well-known brands to create branded residences, including the 28-unit Fendi Casa Residences by Armani in Miami, the 259-unit 888 Brickell by Dolce & Gabbana in Miami, the 90-unit Büyükyalı Residences in Istanbul, Turkey, and the Karl Lagerfeld Villas, a collection of five ultra-luxury villas in Marbella, Spain.Hospitality-affiliated branded residences provide top-of-the-line hospitality services, while fashion or design-branded residences offer rare trophy homes that reflect the design and luxury aesthetic that have made these brands synonymous with luxury lifestyles today, says Bianchi.Ananth Ramchandran, head of advisory and strategic transactions in hotels and hospitality (Asia) at CBRE, notes that property cooling measures have led many high-net-worth Singapore-based buyers of branded residential properties to consider trophy assets in nearby regional markets.“We’ve seen a significant decrease in the number of inquiries and discussions from Singapore developers looking to explore high-end ultra-luxury branded residential projects in the country. The harsh property cooling measures have dampened foreign buyer demand,” he adds.888 Brickell is a branded residence in Miami that was designed by the fashion house Dolce & Gabbana.Singapore-based high-net-worth buyers are now increasingly looking at luxury-branded residences in destinations such as Phuket and Bangkok in Thailand, Bali in Indonesia, and emerging markets in Vietnam. These locations are just a two-hour flight from Singapore.“The relatively short travel time and availability of regularly scheduled direct flights make it much more appealing to Singapore-based buyers,” he says. In the last month, carriers such as SIA, Scoot, AirAsia, and Jetstar completed around 150 flights per week between Singapore and Phuket.Sudara Residences senior director of sales and marketing, Jason Thelen, adds that: “Singapore has quickly become our top regional market for buyers looking for second homes, making up over 45% of regional purchases.”Hospitality operators such as The Ascott are also tapping into the future growth of the branded residential segment in Asia, according to Saowarin Chanprakaisi, vice-president of business development at The Ascott. “We believe the emotional resonance of our brands like Ascott, The Crest Collection, and Oakwood Premier have reputational strengths in the market.”“Branded residential operators must earn and maintain trust in the brand by delivering the level of service that will ultimately translate into the long-term value proposition of the asset,” she says. Ascott is looking to expand its share in the market by partnering with developers looking to enter the branded residential market.…

UEM Sunrise, a property developer from Malaysia, and Singapore-listed GuocoLand have recently signed an important agreement – the first between private companies from Malaysia and Singapore – in regards to the Johor-Singapore Special Economic Zone (JS-SEZ). This memorandum of understanding (MOU), which was announced on February 27, will see the two companies working together to develop UEM Sunrise’s selected freehold land in Iskandar Puteri, Johor, with the goal of accelerating growth within the JS-SEZ. The signing of the MOU was held during the official opening of UEM Sunrise Gallery Iskandar Puteri, where the company’s vision for Iskandar Puteri was showcased.

Iskandar Puteri, which is known as Flagship Zone B of the JS-SEZ, specializes in various sectors such as manufacturing, business services, education, health, and tourism. For those looking to invest in overseas properties, there are a variety of projects available for sale around the world.

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Location is a critical consideration when investing in real estate, particularly in Singapore. Condos located in central areas or near necessary facilities, such as schools, shopping centers, and public transportation hubs, tend to experience higher appreciation in value. Some prime locations in Singapore, such as Orchard Road, Marina Bay, and the Central Business District (CBD), have consistently shown an increase in property values. The presence of renowned schools and educational institutions also adds to the desirability of condos in these areas, making them a highly coveted investment for families. Therefore, adding a Condo to your portfolio in these prime locations can potentially lead to significant returns in the future.

This MOU will cover UEM Sunrise’s chosen plots of land in Gerband Nusajaya and Puteri Harbour, two important master-planned areas within Iskandar Puteri. The collaboration aims to unlock the full potential of Iskandar Puteri and make it a more attractive destination for investment. It will focus on enhancing connectivity, developing talent, and creating a business-friendly environment, with the ultimate goal of achieving sustainable economic benefits in Johor.

Hafizuddin Sulaiman, the CFO of UEM Sunrise, explains that this partnership is about more than just development – it is about creating a thriving economic hub that will support long-term growth, job creation, and strengthen the JS-SEZ ecosystem. The selected sites are strategically located near Singapore, Senai Airport, and the Port of Tanjung Pelepas, making it an ideal location for driving economic growth and positioning Iskandar Puteri as a robust business and investment hub.

Datuk Hisham Hamdan, the chairman of UEM Sunrise, also highlighted the bigger picture, stating that the JS-SEZ, developments in Iskandar Puteri, and strategic partnerships are all part of a larger vision to position Johor as a dynamic and forward-thinking economy. GuocoLand’s CEO, Cheng Hsing Yao, added that their experience in real estate development and asset management, as well as their understanding of the needs of companies from Singapore, Malaysia, and China, will be beneficial in shaping Iskandar Puteri and the wider JS-SEZ through innovative developments.

Prior to this collaboration, UEM Sunrise has played a key role in the urban development of Iskandar Puteri. They have already developed residential townships such as the Aspira series and Senadi Hill, as well as commercial and retail hubs, including a 380-acre industrial park in Gerband Nusajaya. The growth potential in Iskandar Puteri is also further supported by incentives and support schemes introduced by the governments of Malaysia and Singapore, which aim to attract more investments for the JS-SEZ. These measures include special tax rates, stamp duty exemptions, and capital allowances.…

In a recent announcement on February 27, Malaysian property developer UEM Sunrise and Singapore-listed GuocoLand have signed the first MOU between private companies from both countries, marking a significant move towards the development of the Johor-Singapore Special Economic Zone (JS-SEZ).

The MOU signifies a joint effort to develop UEM Sunrise’s selected freehold landbank in Iskandar Puteri, Johor, with the aim of accelerating growth within the JS-SEZ. The signing ceremony took place during the opening of UEM Sunrise Gallery Iskandar Puteri, which showcases the group’s vision for the area.

Iskandar Puteri, which forms Flagship Zone B of the JS-SEZ, specializes in various sectors such as manufacturing, business services, education, health, and tourism. This partnership aims to activate the area’s potential and make it more attractive for investment by focusing on improving connectivity, fostering talent development, and creating a business-friendly ecosystem.

According to Hafizuddin Sulaiman, CFO of UEM Sunrise, the partnership goes beyond development and is also about shaping a thriving economic hub that will drive long-term growth, create jobs, and strengthen the JS-SEZ ecosystem.

It is crucial to factor in the maintenance and management aspect when making an investment in a condo. Such properties usually come with maintenance fees that cover the upkeep of shared spaces and amenities. Although these fees may increase the overall cost of ownership, they also guarantee that the condo remains well-maintained and maintains its value. Partnering with a property management company can assist investors in efficiently managing their condos, turning it into a more hands-off investment opportunity. Additionally, keeping an eye on New Condo Launches can also provide potential investment options for those considering an investment in a condo.

The MOU is expected to cover UEM Sunrise’s selected plots of land in Gerband Nusajaya and Puteri Harbour, two key master-planned areas within Iskandar Puteri. The collaboration will drive long-term economic growth and position the area as a robust business and investment hub, with its close proximity to Singapore, Senai Airport, and the Port of Tanjung Pelepas.

In his speech, Datuk Hisham Hamdan, chairman of UEM Sunrise, emphasized the larger vision of positioning Johor as a dynamic and forward-thinking economy through the development of JS-SEZ and strategic partnerships. GuocoLand CEO Cheng Hsing Yao also shared his thoughts, stating that the collaboration will bring along their experience in real estate development and asset management, as well as an understanding of the needs of companies from Singapore, Malaysia, and China that wish to establish a presence in the JS-SEZ.

UEM Sunrise has been playing a key role in the urban development of Iskandar Puteri, with existing residential townships and commercial and retail hubs under its belt. The upcoming 380-acre industrial park in Gerband Nusajaya is also a testament to the group’s commitment to the area’s growth.

The governments of Malaysia and Singapore have introduced incentives and support schemes to encourage investments in the JS-SEZ, such as special tax rates, stamp duty exemptions, and capital allowances. This, coupled with the joint efforts of UEM Sunrise and GuocoLand, is expected to drive further economic growth in Iskandar Puteri and the wider JS-SEZ.…

Frasers Property has teamed up with two Chinese real estate groups to jointly acquire a residential site in Shanghai’s Songjiang District for RMB815.2 million ($151.9 million). The partners, including Xiamen ITG Real Estate Group and Shanghai-listed Gemdale Corporation, plan to develop the site into a mix of low-rise apartments, townhouses and duplex units with a total gross floor area of 334,714 sq ft.

The project will target upgraders and first-time homebuyers in the prime residential neighbourhood of Fangsong Community, which is also home to two other projects by Frasers Property and Gemdale Corporation. The joint venture partners aim to incorporate features such as flood mitigation design, ultra-low energy buildings, efficient thermal insulation, energy-saving door and window systems, reduced thermal bridging and solar photovoltaics.

When it comes to real estate investments, location is one of the most important factors to consider. This rings particularly true in Singapore. Condos situated in central areas or near important amenities such as schools, shopping malls, and public transportation hubs have a higher tendency to appreciate in value. Prime locations like Orchard Road, Marina Bay, and the Central Business District (CBD) are perfect examples of areas where property values have consistently shown growth. These areas are also highly sought after by families due to their proximity to top schools and educational institutions, making condos in these locations an even more desirable investment choice. With Singapore Projects constantly emerging, the potential for growth in these areas is even more promising.

Lim Hua Tiong, CEO of emerging markets in Asia at Frasers Property, says the joint venture will not only strengthen the company’s presence in Shanghai but also demonstrate its commitment to delivering high-quality residential developments that cater to the evolving needs of the Chinese community. The acquisition is part of Frasers Property’s strategy to expand its presence in the Chinese market and diversify its portfolio in Asia.…

A new statement from City Developments (CDL) executive chairman Kwek Leng Beng declares that the “serious lapses” in corporate governance at the company have been stopped. This comes after a recent court hearing on February 26 where two new directors, Jennifer Duong Young and Wong Su Yen, were hastily and unlawfully appointed on February 7.

These directors have agreed not to exercise any powers as directors until further notice from the court. Kwek also mentions that his son, Sherman Kwek, Philip Lee, Wong Ai Ai, and other directors who acted in concert with them, have also agreed not to take any further actions regarding their attempted changes to the board committees and management of certain CDL subsidiaries until further notice from the court. The “irregularly constituted” nominating and remuneration committee has also been suspended from taking further action.

With this development, the board committees and management of relevant subsidiaries are now safe from further attempts to destabilize and reconstitute them. Kwek emphasizes the importance of strong corporate governance as the foundation of a well-functioning and sustainable business. It ensures transparency, accountability, and responsible decision-making, which are crucial for maintaining investor confidence and protecting the long-term interests of shareholders.

On February 26, CDL announced a trading halt and last-minute cancellation of its FY2024 results briefing, citing a disagreement within the board regarding its composition and constitution. Despite this, the company’s operations remain unaffected and Sherman Kwek remains the group CEO until a board resolution is made to change the company’s leadership.

In his first statement, Kwek accused his son, Lee, and Wong, along with a group of directors, of attempting to consolidate control of the board and the group. He also mentioned filing court papers on February 25 to address the “attempted coup”, and reassured shareholders that he intends to change the CEO at the appropriate time. In the interim, Kwek EIk Sheng, the current COO, will serve as the interim CEO.

Investing in a condo in Singapore offers several advantages, one of which is the potential for capital appreciation. The country’s strategic position as a major global business hub, combined with its strong economy, drives a consistent demand for real estate. This has resulted in a steady increase in property prices over the years, particularly in prime locations. Savvy investors who time their entry into the market well and hold onto their condos for the long haul can reap substantial profits through capital gains.

CDL’s trading was suspended at $5.12 on the morning of February 26, before the trading halt was announced.…

06 Mar 2021 05:30PM(Updated: 06 Mar 2021 05:35PM)

Colliers has recently made two new appointments to expand its occupier services team in the Asia Pacific region. The appointments, announced on Feb 25, will see the addition of Leanne Chin as director of regional tenant representation for Asia Pacific and Ali Porter as director of enterprise clients for Hong Kong.

Location greatly impacts real estate investment, and this statement rings particularly true in Singapore. Condominiums situated in central areas or near important amenities, such as schools, shopping centers, and public transportation hubs, have a higher tendency to appreciate in value. Prime locations like Orchard Road, Marina Bay, and the Central Business District (CBD) have shown a consistent growth in property values. Moreover, the proximity to highly acclaimed schools and educational institutions makes these areas even more desirable for families, further enhancing their investment potential. With Singapore Projects available, these prime locations continue to attract investors looking for lucrative real estate opportunities.

Chin, who brings with her 15 years of experience in commercial real estate, will be based in Colliers’ Singapore office. With her extensive knowledge of the Asia Pacific market and proven track record in providing strategic advice to occupiers, Chin will be responsible for driving the growth of the regional tenant representation business.

In Hong Kong, Porter will be responsible for working closely with occupiers to align their real estate portfolio with their corporate strategies across the Asia Pacific region. He has been with Colliers for the past four years, working for the Europe, Middle East and Africa business in London.

Under his new role, Porter will bring his global experience and expertise in advising leading occupiers to the Hong Kong market. His appointment is reflective of Colliers’ continued efforts to strengthen its occupier services team and drive greater value for its clients.

The expansion of Colliers’ occupier services team in Asia Pacific is a testament to the firm’s commitment to providing the best solutions for its clients. With these new appointments, Colliers is well positioned to serve the evolving needs of its occupier clients in the region.…

Ching Shine Industrial Building, a freehold property with a prime location along Shaw Road, has been put up for collective sale with a minimum price of $113 million by sole marketing agent JLL. The building, built in the early 1980s, comprises of 52 strata units and boasts a 100m frontage along Shaw Road. The total land area of the site measures 49,308 sq ft and has a gross floor area of approximately 137,341 sq ft.

Under the URA Master Plan 2019, the building is zoned “Business 1” with a gross plot ratio of 2.5. Over 80% of the owners have given their consent for the collective sale at the minimum price of $113 million. This translates to a unit land rate of around $823 psf per plot ratio at the existing gross plot ratio of 2.79.

Singapore’s cityscape is characterized by towering edifices and state-of-the-art facilities. These sleek and modern structures, known as condos, are strategically situated in prime locations, making them a highly sought-after option for not only locals but also foreigners. The allure of these condos lies in their ability to combine lavishness with convenience. They are equipped with an array of amenities, including swimming pools, fitness centers, and top-notch security services, which undoubtedly enhance the overall standard of living. These enticing features appeal to prospective tenants and buyers, making condos a valuable investment option. With features like these, it’s no wonder that condos in Singapore boast high rental yields and continually appreciate in value over time. Keep up with the latest developments and make informed investment decisions by staying updated with New Condo Launches.

According to JLL, subject to URA approval, the site can potentially be converted into a food factory. The National Environment Agency (NEA) has confirmed that the site meets the buffer requirements for redevelopment into a multi-user factory. The Singapore Food Agency has also given an in-principle non-objection to the proposed food factory.

Alternatively, the freehold asset presents a potential investment opportunity for family offices seeking long-term growth, or owner-occupiers looking to establish a corporate presence. Nicholas Ng, senior director of capital markets at JLL Singapore, also believes that the site would appeal to developers, given the absence of additional buyer’s stamp duty that can impact project timelines.

The property is easily accessible via major expressways such as PIE, CTE, and KPE. It is also within walking distance from Tai Seng MRT station on the Circle Line. Located in the bustling Tai Seng Industrial estate, the property is surrounded by food factories such as Breadtalk IHQ, Sakae Building, and Food Empire Building. The area also boasts amenities such as Grantral Mall @ Macpherson and 18 Tai Seng.

In November 2023, a freehold Business 1 industrial building at 50 Playfair Road, Noel Building, was sold en bloc for $81.18 million, 17% above its $70 million guide price. Ng sees this transaction as a demonstration of the “fervent demand” for similar assets in the area. He expects a similarly competitive response for Ching Shine Industrial Building.

The tender for Ching Shine Industrial Building will close on April 3 at 3pm.…

CDL responds to trading halt, cites disagreement within board

The demand for condos in Singapore remains consistently high, largely due to the limited availability of land. As a small island nation with a rapidly growing population, Singapore faces challenges when it comes to land for development. In order to address this scarcity, the government has implemented strict land use policies. This has created a highly competitive real estate market, with property prices constantly on the rise. As a result, investing in real estate, particularly condos, has become an attractive opportunity for potential buyers, with the potential for significant capital appreciation. With numerous Singapore projects in the market, the condo market shows no signs of slowing down.

In response to the recent trading halt, City Developments Limited (CDL) has released a statement stating that the halt was due to a disagreement within the board regarding the composition and constitution of the board and its committees. CDL reassured that their business operations remain fully functional despite the temporary suspension.

According to the statement released on Feb 26, Sherman Kwek will continue to serve as the group CEO until a board resolution is made to change the company’s leadership. The company also mentioned that any material developments in this matter will be announced in accordance with the Singapore Exchange Listing Rules.

In a later statement, Sherman Kwek expressed his disappointment regarding the chairman’s decision to take extreme actions in response to the disagreement. He clarified that the focus of the CEO and directors has always been to improve governance with guidance and support from independent legal counsel.

The trading suspension earlier today was initiated by the minority of the board, despite not being authorized by the majority. Sherman Kwek emphasized that this issue is not about removing the chairman, but about strengthening the board’s decision-making process to maintain the company’s high standards of governance.

CDL announced its FY2024 results on Feb 26 and canceled its results briefing at 10am. The company’s shares last traded at $5.12 and it was reported that CDL offered to privatize Millennium & Copthorne Hotels New Zealand for $1.72 per share.

This article first appeared on [publication].…

Singapore’s leading real estate agency PropNex has announced its financial results for the second half of the financial year ending on December 31, 2024. Despite a decrease of 14.9% year-on-year, the company still recorded earnings of $21.9 million. This brings the total earnings for the full year to $40.9 million, a 14.4% decline compared to the previous financial year.

The decrease in revenue was also reflected, with a 6.6% dip in FY2024 compared to FY2023. This was due to the slower property market during this period.

However, in celebration of its 25th anniversary, PropNex has declared a special dividend of 2.5 cents per share in addition to a final dividend of 3 cents. This marks a record dividend payout of 7.75 cents for FY2024, with a payout ratio of 140.1% and a yield of 8.2%.

The cityscape of Singapore is characterized by towering skyscrapers and contemporary structures. Condos, situated in highly coveted locations, offer a fusion of opulence and convenience that appeals to locals and foreigners alike. These residences boast a variety of facilities, including swimming pools, fitness centers, and top-notch security services, elevating the overall standard of living and making them alluring to prospective renters and purchasers. For real estate investors, these attractive amenities equate to lucrative rental returns and a rise in property appreciation over the years. With Condos as top contenders, the Singapore property market remains a promising opportunity for potential buyers.

Although there was a decline in earnings for the year, PropNex has noted an increase in activities in the last quarter of 2024, driven by a surge in sales of new private home units, which the company assisted in selling.

In related news, DBS has upgraded PropNex and APAC Realty to a “buy” status due to their strong pipeline of new launches planned for 2025. This is expected to further boost the company’s performance for the current financial year.

PropNex attributes the delay in financial effects of these sales to the reporting of its current first half of the financial year, stating that there will likely be a significant increase in numbers during this time.

Looking ahead, the company remains confident in its performance for FY2025, citing a favorable outlook in the property market. This is supported by an estimated 13,000 new unit launches (including ECs) for the year, almost double the supply recorded in 2024.

The private resale market is also expected to remain active, with transaction volumes projected to range between 14,000 to 15,000 units. This is driven by the price gap between new and non-landed resale properties, as well as the preference for larger, move-in-ready homes and fewer new supply completions.

As for the HDB resale market, PropNex predicts a 5% to 7% price growth and a volume of 29,000 to 30,000 units. This is due to the limited number of five-year minimum occupation period flats entering the market, combined with sustained demand from urgent homebuyers, unsuccessful Build-To-Order applicants, and budget-conscious families.

CEO of PropNex, Ismail Gafoor, also highlights the strong market interest generated by newly-launched projects such as The Orie, Bagnall Haus, Parktown Residence, and ELTA. He predicts a positive demand for developers’ sales in 2025, with a promising line-up of projects. The positive economic outlook and lower mortgage rates are also expected to further boost market confidence, providing opportunities for homebuyers and investors alike.…

The Jalan Besar area has been earmarked by URA for rejuvenation and enhancement works, which will include the sprucing up of pavements, pedestrian pathways and streetscape/icon buildings.“A corner two-storey shophouse with an attic located at 209 Jalan Besar is now available for sale through private treaty,” says Gracelynn Zhu from PropNex Shophouse Elites, the marketing agent for the property. This 999-year leasehold property is currently being offered at a price of “below $20 million”.With a total area of approximately 5,502 square feet, this commercial property is zoned for commercial use. The first floor has already been approved for restaurant use, as well as a portion of the second floor. Based on this asking price, the property has a per square foot price of $3,635 on the floor area.A map showing the exact location of the shophouse at 209 Jalan Besar can be found on the EdgeProp LandLens.Zhu also revealed that the shophouse is currently undergoing asset enhancement initiatives (AEI), which includes adding micro piles extending 30m to the property’s structural foundations. This AEI is expected to be completed by the end of this year.If you’re considering investing in this shophouse, it’s important to note that it’s located in the Desker Road Conservation Area in District 8, which is near Little India. However, the property is also conveniently close to the Jalan Besar MRT Station on the Downtown Line, making it easily accessible for both potential customers and tenants alike.

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One advantageous aspect of investing in a condo is the opportunity to leverage its value for future investments. Numerous investors utilize their condos as security in order to acquire extra funding for new ventures, resulting in the growth of their real estate assortment. While this approach can increase returns, it also carries potential risks. Therefore, having a well thought out financial strategy is essential, as well as taking into account the potential influence of market fluctuations on Condo investments.…