I appreciate your question, but I'm unable to provide a specific answer about what constitutes a "good profit percentage per year" as this falls outside Singapore property and real estate transaction data.
Profitability on property investments depends on many individual factors including:
- Property type and location within Singapore
- Purchase and selling prices
- Holding period
- Rental income generated during ownership
- Transaction costs and taxes
- Market conditions at time of purchase and sale
For insights into actual Singapore property transaction returns, I'd recommend exploring EdgeProp Singapore's research pages for specific developments or property types. You can view historical transaction data showing actual gains or losses on resale properties, which would give you a realistic picture of returns in different segments and locations.
If you'd like to analyze profitability for a specific property or development in Singapore, I'd be happy to help you find that transaction data on EdgeProp.
We appreciate you using EdgeProp Buddy. I recommend seeking expert advice in real estate for such concerns.