To pick a condo with higher capital growth potential, consider the following factors:
- Location: Properties in prime locations, such as Sentosa Cove, tend to have higher capital growth potential.
- Condition of Property: Well-maintained properties usually command higher prices.
- Market Trends: Buy during a property market boom when buyer sentiment is high.
- Size, Shape, and Frontage: Regular plots and properties with good frontage are preferred.
- Height and View: Higher-level units with good views typically have higher prices.
- Accessibility: Proximity to public transportation, schools, markets, and food outlets increases property value.
- Neighbourhood/Environment: A desirable neighbourhood with minimal undesirable activities boosts property value.
- Facilities: Developments with amenities like gyms and swimming pools tend to have higher prices.
- Layout and Design: Properties with award-winning designs or efficient layouts may fetch higher prices.