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Resale levy is a payment required when someone who has already enjoyed a housing subsidy buys another subsidized flat, reducing the subsidy on the second flat to ensure equity. It does not apply to private condo purchases.

You are not eligible to buy a private condominium regardless of monetary consideration as a co-owner of an HDB flat until the Minimum Occupation Period (MOP) of 5 years is fulfilled or your ownership in the HDB flat is removed.

District 5 has seen a 39% increase in average sales prices as of April 2025, surpassing the islandwide average of 30%. This trend suggests strong potential for rental demand and capital appreciation in the area.

The Core Central Region (CCR) is seen as an attractive area for potential capital gains due to narrowing price gaps with other regions, long-term stability, renewed local demand, significant capital appreciation in top developments, and ongoing urban renewal. It is considered a good investment for long-term resilience, especially in freehold or high-quality projects.

To change your password on EdgeProp Singapore, click the “Forgot Password?” link on the login page, enter your registered email address, and follow the instructions sent to your email. Check your spam folder if you don't receive the email, or contact support if you still have issues.

ABSD applies to the residential component of a conservation shophouse if zoned or used for residential purposes (including mixed commercial and residential). If purely commercial, ABSD does not apply.

Buying a **1.6 million SGD condo** in Singapore and renting out a 2-bedroom unit can make sense, but whether it's a good investment depends on factors like location, rental demand, and your financial goals. **Key Considerations:** - The **average gross rental yield** for condos in Singapore is between 3% and 4% in 2025. For a property purchased at 1.6 million SGD, this generally translates to annual rental income of around 48,000 to 64,000 SGD before costs. - For 2-bedroom condos, the gross long-term rental yield is typically around 3.4% to 3.5%. On a 1.6 million property, that's about 54,400 SGD per year in rent. - Rental rates for a 2-bedroom condo vary by location: - **Core Central Region (CCR):** $4,500–$6,500/month - **Rest of Central Region (RCR):** $3,500–$5,000/month - **Outside Central Region (OCR):** $2,500–$4,000/month Premium locations or prime districts may offer slightly lower yields but stronger long-term capital appreciation potential. - Singapore's rental market has strong fundamentals and high occupancy rates, but yields are generally modest compared to other countries. Returns are often driven as much by **capital appreciation** as by rental income. - You should also factor in property taxes, maintenance, agent fees, and any periods where the unit might be vacant. **When Does It Make Sense?** - If you prioritise stable returns and the probability of long-term property value growth, this is a typical investment profile in Singapore. - The numbers are more attractive if your condo is in a district with strong expatriate or professional rental demand and is near MRT stations or amenities. - If you are financing the purchase, consider your mortgage rate and rental income yield. Negative cash flow (rental income It's great to assist you through EdgeProp Buddy. It's prudent to get professional real estate advice on such topics.

A "closed bid" system involves selected individuals or companies being invited to submit bids for a property, without public advertisement and without knowing each other's offers.

Only Agents can create listings on EdgeProp. If you're an owner, engage a licensed agent to post your rental listing or visit EdgeProp's listings page to register as an Agent if eligible.

Top landed areas to invest in Singapore are: 1. East District (Katong, Siglap, Bedok) - Strong demand, luxury living, premium lifestyle amenities 2. Bukit Timah, Tanglin, Holland - Renowned schools, heritage, price resilience 3. Serangoon Gardens, Kovan - Popular with upgraders, convenient access 4. Sentosa Cove - Ultra-luxury waterfront lifestyle