For those with children, we all know the feeling of raising them. All parents want their children to grow up to become intelligent, respected and skilled. That’s why we want them to go to the best schools possible. Thankfully, Singapore is filled with such schools and is one of the most educated countries in the world.
That’s why it can be a good investment to buy a condo near an educational institute which you expect your child to attend in the future (or just a prestigious school in general.) Most people do not think about it, but traveling times tire a lot of people out. After a hard day of courses at the University, would you want to take an hour’s journey by bus or train just to get home? And if the school is too far, that means the students have to get up earlier to attend classes, which means they will be too tired to concentrate on the lessons and so on.
Some institutes offer hostels and other such places for rent to students, but these are usually cheaply maintained with little privacy. A condominium near the schools is instead a much more suitable environment for study and relaxation (because all work and no play make Jack a dull boy.)
Even if you don’t have children of your own, don’t forget that property near schools is always an attractive rent for other students. Renting out your property to such students can be a fantastic investment, as students will usually only need to live in the house for as long as their term of study at their schools instead of long-term.
So with all these advantages, try to do your homework and find a good spot that will pay itself off manifold in the future.
We hope this has been helpful insight into your future plans of property investment. If you’re looking to take advantage of this opportunity, at Condo New Launches we have a wide variety of information on new properties for you to pursue.