Condo investment is often the subject of discussion among property investors. This is certainly not without reason, because as we all know, condominium investment is a type of investment that promises quite a large return. Moreover, for those of you who choose to invest in a condo in Singapore, you will get a bigger profit. If you want to know more details, you can see some condo review Singapore on the internet so you can get the best condo investment. You will indeed get benefits by investing in property in the form of a condo. However, before discussing the advantages and disadvantages of investing in a condo, you may need to know a little that between a condo and an apartment, this does look similar because they are both in the property sector but what you need to know, it turns out that between condos and apartments there is such a big difference. also.
The difference between an apartment and a condo lies in the ownership rights. In terms of apartments, this term refers more to vertical residences that are rented out, while for condos, this is more in the form of apartments owned by each occupant. Thus, the condo refers to the rights of the building owner, while the apartment emphasizes the physical building only. If you intend to be more interested in investing in the form of a condo, then you need to look at the benefits that this type of investment will provide. One of them is that you can rent out your condo unit and you can also stay free at your condo unit
So as an investor or condo owner, you can rent out your unit to other people which will become your monthly income. But of course, that’s not all you can get because you are the owner of the condo.