Sell or rent: 1-bedroom 1-study condo

Given the rise of singles/couples wanting a place for themselves being on the upward trend, I would have thought it would be more profitable to rent as the value of such properties would be consistently good, making it a stable side income earner. I have however been told that such properties are not attractive as there is a larger demand for family units in Singapore, and thus, selling it may be better to 'cut losses' and ride on the current 'false hype' of wanting one's own property. This would however also mean rushing into things in bid to 'time the market'.

​

For context, its a newly bought 99-year lease property within walking distance of a MRT and a few schools. Family bought it for investment purposes but is now unable to decide which option is better. We are also looking to move out from current residence due to need for renovation. Need for upfront cash is thus dependent on costs of new rental home/residence.

​

Another more radical option is to split the family, where 1-2 could stay in the condo, and 1-2 rent/buy a smaller place (BTO is unfortunately out of the option). But is/will a smaller place truly be cheaper, or even available?

​

Would thus like to hear from the community about this. Thanks!

​