Singapore property investors revealing unexpected strategies for 2023 profits
Exploring Mixed-Use Developments
Mixed-use developments are becoming increasingly popular in Singapore, offering a blend of residential, commercial, and retail spaces. These developments cater to modern urban living, providing convenience and a vibrant community atmosphere. Investors are drawn to mixed-use projects for their potential to attract a diverse tenant base, thereby reducing vacancy risks and enhancing income stability. The strategic location of these developments often ensures steady demand and long-term value growth.
Embracing Green and Sustainable Properties
As sustainability becomes a priority worldwide, Singapore's property market is no exception. Investors are increasingly focusing on green and sustainable properties, which not only align with environmental goals but also offer financial incentives. Properties with green certifications often enjoy higher rental premiums and lower operating costs due to energy-efficient features. Additionally, government incentives and subsidies for sustainable developments provide further financial benefits1.