facebookWill Condo Rentals increase or decrease during this time of Covid-19 and are there any support for Condo owners? Are Condo rentals still a viable investment? - Seedly

Anonymous

22 Apr 2020

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Will Condo Rentals increase or decrease during this time of Covid-19 and are there any support for Condo owners? Are Condo rentals still a viable investment?

What are some of the measures that will help condo owners? will renting out a condo still be a viable investment?

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Colin Lim

22 Apr 2020

Financial Services Consultant at Colin Lim

Condo rentals is still a viable option long term wise... Singapore will continue to allow foreigners to come in to work.

During this time, what i see from the stats is Condo rental increase. But i not sure if the news is accurate even though its from top property companies.

there are only deferment on loans for property...

Cedric Jamie Soh

22 Apr 2020

Director at Seniorcare.com.sg

Yes rental still is a viable income, and viable investment... especially if you manage to buy cheaply.

If you bought it a few years ago, a property owner will probably still be in negative equity, servicing monthly bank loans that is higher than his rental income. If tenant disappeared, then its $0 income.​​​

Hi anon, I don't have expertise in properties, but I can share a piece of news that I came across on...

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