Singapore Tatler Homes - - STYLE -

When choos­ing to buy a landed prop­erty ver­sus an apart­ment, there is no clear win­ner in whether one is bet­ter than another. Ad­van­tages largely de­pend on an in­di­vid­ual buyer’s cri­te­ria, with many buy­ers to­day look­ing to pur­chase mul­ti­ple prop­er­ties in Aus­tralia


When buy­ing an apart­ment, in­vestors look­ing to make a profit should take into con­sid­er­a­tion whether there is an over­sat­u­ra­tion of apart­ment sup­ply in the hous­ing prop­erty scene. Apart­ments can pro­vide a sta­ble and high rental yield, pro­vid­ing de­sir­able perks to res­i­dents look­ing for a cer­tain life­style. Karen Chia pro­vides an ex­am­ple of one of their prop­er­ties – Oa­sis by Crown Group – that can pro­vide a gross re­turn of five to six per cent per an­num for rentals. “I be­lieve that more peo­ple are opt­ing for the metropoli­tan life­style whereby they want the con­ve­nience and ease to trans­port, shop­ping cen­tres, schools, work­places all within reach,” says Chia. “That is why we see more buy­ers choos­ing apart­ments in strate­gic lo­ca­tions. We also see the older gen­er­a­tion that wants to down­size but not down­grade. They still want the qual­ity and lux­ury de­vel­op­ments and easy ac­cess to ameni­ties and fa­cil­i­ties.”


While many Sin­ga­porean in­vestors have been buy­ing apart­ments, landed prop­er­ties have been proven to yield re­turns as well. As landed prop­er­ties tend to at­tain higher cap­i­tal ap­pre­ci­a­tion, own­ers can make more money from sell­ing a house than an apart­ment. “As the old say­ing goes, we are not mak­ing more land. There­fore, land prices rise, as does our pop­u­la­tion and de­mand for prop­erty, and apart­ment build­ing prices de­pre­ci­ate over the years,” at­tests Savas.

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