When considering the purchase of a condo, it is crucial to also take into account the maintenance and management of the property. Condos often come with maintenance fees, which cover the upkeep of shared amenities and facilities. While these fees may increase the overall cost of owning the property, they also guarantee that it stays in good condition and maintains its value. Enlisting the services of a property management company can further assist investors in effortlessly managing their condos, making it a more passive and convenient investment in real estate.

When investing in a condo in Singapore, there are several steps to follow. Firstly, investors should set a budget and determine their investment objectives. They should then engage a reputable real estate agent who can provide insights and assist in the search for suitable properties. It is also crucial to conduct a thorough inspection of the property before making …