Property
Are Condos Near Hospitals A Good Investment? A Look At 66 Condos Near Tan Tock Seng Hospital
By Stacked Homes  •  February 13, 2024
Most Singaporeans consider a hospital near their condo to be disadvantageous. As most realtors will tell you, this is something that they would prefer not to mention unless a prospective buyer asks. However, that’s for owner-occupiers – some landlords have a completely different point of view, and even favour condos near hospitals. Why are they supposedly good for rental, and is the theory true? Let’s have a look: Homebuyer versus landlord considerations for condos near hospitals For most homebuyers, the preference is to be further from hospitals. Some have certain taboos (e.g. Feng Shui reasons, or a desire to live far from places of illness and death); others have more worldly reasons, such as not wanting to hear ambulance sirens late at night, or concerns over the traffic congestion that hospitals attract. To some degree, Covid has also affected homebuyers’ perspectives – some now worry that, in the event of another outbreak, they will be living closer to large...
Read the full article
By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance