In the first quarter of this year, total
sales of apartments in Singapore increased by 14.1 percent year on year to 4,269 transactions. At the same time, prices rose by 2.4 percent over the same period.
In the first quarter of this year, the number of
housing units in Singapore increased by 0.4 percent compared to the previous quarter, and amounted to 374,925. 354,603 objects were already occupied, and 20,322 objects remained free. At the same time, the level of vacant space amounted to 5.4 percent.
The average cost at which you can now
buy an apartment in Singapore< /a>, is $14,370 per square meter. A 120 sqm apartment in the city center can be purchased for $1,724,760. Renting out the purchased apartments for rent, you will receive $4,740 per month. Thus, the yield will be 3.30 percent per annum.
