Most people rental apartments and occupy apartments and condos, but these same units can also be purchased as investments. Buying an apartment or condo costs money, just like any other investment, but it also returns money every month. Not every property is going to be profitable, but most can be. It is important to buy and rent at the right price. There are several factors that contribute to that price.

The first factor is the quality of the building and unit. This includes the size of the house and lot as well as the overall look, dexterity, craftsmanship, and stability of the building. Larger spaces typically cost more, as do luxuries like granite counters and custom cabinetry. When looking at an apartment or condo that you’re considering purchasing, ask yourself whether this is a unit that potential tenants will be attracted to.

The other critical factor in determining price is the location of the unit. Apartments in Orange County, CA will be much more expensive, regardless of the quality, compared to apartments in the middle of Nevada. Apartments and condos in prime locations may cost more to purchase, but you’ll also draw more tenants and at a higher price. Buying an inexpensive apartment in the middle of nowhere could be a smaller risk, but you will probably end up biting the bullet because nobody wants to stay there.

So when you’re looking for a solid investment opportunity, don’t forget to consider buying and renting apartments and condos. Just be sure to consider these factors when deciding how much to pay, and how much to charge.

With the new Singapore Integrated Resort coming up, hot property condo developments are coming up all over the island to tie in with the expected completion of Resorts Island Casino. Siglap V was one of the largest launches in the EAST side of Singapore. Its phase 1 units were sold out and phase 2 bookings begins after Chinese new year. There are also many smaller scale condo launches in the east. These condos have about 50 or so units and they do not have the condo facilities. This may be good for those that don’t really need a swimming pool, gym, security guards. This can be a savings of ave $500 a month in terms of maintenance fees.

The good thing about buying property in the EAST is that its located in an expat area of Singapore where you can get good rental yield. It’s also close to the seaside and you can expect good ocean breezes in the evenings. Areas around Newton Circus, then just slightly farther away, at Novena have many new up and coming condos that cater to the expat crowd. If you want a unit close to town and can afford the prices required, then a property at Newton Circus may be suitable for you.

River Valley is prime real estate and it sits just off Orchard Road. If you’re looking to stay here, the units are generally smaller. If you want city location, and are comfortable with smaller units, then giving up room space for a fair pricing based on location is what you can find from condos such as River Valley Edge. Real estate in this area is heating up because of its location near the expat area Holland Village. With the New Circle MRT, many good properties are being built in this area. One premium project is the Holland Collection worth your attention if cluster houses are your interest.