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Ola ec sengkang
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11/23/2019
Ola ec sengkang

Shoebox units, however, seem unperturbed by the current property market trends. According to specialists, rentals of such units located in the city and the city fringes are on the rise. This can also be a result of the new immigration policies that have changed the tenant profile, seeing as now more single foreign professionals are coming to work in Singapore.

But what are the advantages of ola ec sengkang these units? For one, they are small sized, which makes them affordable. In this respect, they are comparable to HDB houses, but they have an advantage over the latter in terms of privacy. Shoebox units are considerably more private and come with a unique set of facilities.

10,700 of such units are expected to be completed by 2018, which may lower rental rates. Among the three regions where shoebox units are distributed (the city area, the city fringes, and the suburbs), rental yields from those in the suburbs have been highest. There is, however, another factor that is expected to lower rents in the future: the removal of property-tax refund concession for vacant properties.

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