The Expected Rental Yield and ROI of Lentor Modern
What is Lentor Modern
Lentor Modern is a new residential project located in Singapore’s district 20. This modern condominium development is situated near Lentor MRT, which is set to be completed in 2021, making it an ideal location for commuters. The project is aimed at providing comfortable and convenient living spaces for families, young couples, and individuals looking for a serene environment while still being connected to the bustling city.
Why Invest in Lentor Modern
Investing in Lentor Modern is not only beneficial but also a wise decision. With the property market in Singapore experiencing a steady growth rate in recent years, Lentor Modern provides an excellent opportunity for individuals who wish to own a property or invest in the real estate market. The expected rental yield from the development is also projected to be high. To further enhance your understanding of the subject, be sure to check out this specially curated external resource. lentor modern price https://www.lentors-modern.sg, it’s filled with worthwhile details to enhance your reading experience.
Expected Rental Yield and ROI
Lentor Modern’s strategic location and modern features make it an attractive investment opportunity for those seeking rental yields. According to market analysts, the expected rental yield for Lentor Modern could be between 3-4%. This is a reasonably high return, given that the current rental yield in Singapore’s property market is around 2.5%. The rental yield is an important factor to consider, as it determines the return on investment (ROI).
The expected ROI for Lentor Modern is also projected to be high. A higher rental yield translates to higher ROI. With the expected yield of 3-4%, the ROI for the development can be between 8-10%. However, the actual ROI can only be determined after considering other factors like maintenance fees, property taxes, and interest rates. Property investors should consult with their financial advisors before making any investment decisions.
Benefits of Investing in Lentor Modern
There are numerous benefits of investing in Lentor Modern. Here are some key advantages: Discover more about the subject using this recommended external source. lentor modern price, find extra information and new perspectives on the subject discussed in this article.
Conclusion
The expected rental yield and ROI of Lentor Modern make it an attractive investment opportunity for property investors. With its strategic location, modern facilities, and easy accessibility to major areas, the chances of owning and investing in this development are high. However, it is essential to remember that investing in property comes with risks and uncertainties, and investors should consult with financial advisors before making any investment decisions.
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