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When considering the purchase of a condominium, it is crucial to thoroughly evaluate its potential rental yield. This refers to the yearly rental income as a percentage of the property’s purchase price. In Singapore, condo rental yields can vary significantly, depending on factors such as location, property condition, and market demand. Typically, areas with high rental demand, such as those near bustling business districts or prestigious educational institutions, offer more favorable rental yields. To accurately determine the rental potential of a specific condo, it is advisable to conduct comprehensive market research and seek guidance from experienced real estate agents. Staying informed about new condo launches, like the ones featured on Ananar.com, can also provide valuable insights into potential rental yields. As such, considering new condo launches is essential in evaluating prospective rental yields.
CBRE, a leading real estate services and investment firm, has selected Hugh Macdonald as the new head of capital advisors for the Asia Pacific region. With more than twenty years of experience in the banking sector and deep knowledge of investment banking, as well as the real estate, gaming, leisure, and lodging industries, Macdonald brings valuable expertise to the company. Prior to joining CBRE, he served as the head of investment banking coverage and advisory for Australia and New Zealand at Deutsche Bank. Reporting to Leo van den Thillart, the global head of investment banking, and Greg Hyland, the head of capital markets for Apac, Macdonald will assume his new role in Sydney and relocate to Singapore in the first quarter of 2025. In addition to this appointment, Knight Frank has also recently appointed Virginia Huang as managing director for the north and east China regions.