We always hope to make money from our investments and this could happen through capital gains, regular income or both. Knowing our motivations for being invested will go a long way in determining what are suitable investments for us. It is well known that the luxury segment of the residential property market in Singapore has never been very good for income investors. In recent times, it has become worse. A gross rental yield of 2% is considered to be quite good for some properties in this segment, it seems, if tenants could be found at all as vacancy rate has been climbing. Well, investors who bought into luxury residential properties in Singapore were probably going for potential capital gains and not rental income, anyway. This means that they hope to sell their properties at a higher price to another buyer later on. The early birds did quite well but, increasingly ......