The condo rental market has experienced various fluctuations in line with the overall economic conditions, although the rates of vacancy have generally remained strong. The COVID-19 pandemic caused a brief decline in rental demand due to limitations on travel, but the market quickly rebounded with the reopening of borders and a resurgence of economic activity. Between 2024 and 2025, the rental rates have stabilized after a steep increase in previous years, while new condo completions have augmented the available supply, providing renters with a wider selection of options. For investors, this highlights the importance of considering location, unit efficiency, and tenant management in ensuring a steady stream of income from condo rentals.
In conclusion, while freehold properties may seem like a more attractive option at first glance, 99-year leasehold condos offer numerous advantages that make them a top choice for buyers in Singapore’s real estate market. From affordability to …