When contemplating a condo investment, it is crucial to also evaluate the potential rental yield. Rental yield is the annual rental income expressed as a percentage of the property’s purchase price. In Singapore, condo investments can have varying rental yields depending on factors such as location, property condition, and market demand. Areas with high rental demand, such as those near business districts or educational institutions, typically offer better rental yields. To gain valuable insights into the rental potential of a specific condo investment, conducting thorough market research and consulting with real estate agents are recommended.
In the event of a loss, it’s important to know the steps to take to file a claim. Contact your insurance company as soon as possible and provide them with a detailed description of the damage or loss. They will then send an adjuster to assess the damage and determine the amount of …
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