Recently, while going for a walk around my block, I was surprised by how fast a nearby condominium had been constructed.
Like this condo, many different properties have sprung up quickly across Singapore over the last few years.
Many have bought such properties as a form of investment, either to generate rental income or for price appreciation. Even a newly Build-To-Order HDB flat can be considered a property investment (arguably).
With all this hype surrounding property in Singapore and the fact that it’s one of the assets that is constantly appreciating, it’s not a bad idea to pay attention to the stocks of property development companies such as:
City Developments Limited (SGX: C09) Far East Orchard Limited (SGX: O10), and Frasers Property Limited (SGX: TQ5)Let’s see if they can be good investments.
Disclaimer: Opinions expressed in the article should not be taken as investment advice. Please do your own
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