Investing one’s spare cash in real estate asset has always been a profitable option based on historical data. Rather than risky shares and stocks, many people prefer to purchase a condo and put it on the market for passive rental income. But the condo must have certain qualities that would attract prospective tenants, isn’t it? With The Tre Ver condo located at Potong Pasir Avenue 1, a centralised location to begin with, it won’t go wrong. The housing project faces the picturesque Kallang River and most of the condo units will have a beautiful view of the crystal-clear waters.
When the upscale Raintree Gardens was purchased by developers in 2016, the world renowned architectural firm WOHA were selected to redesign the condominium development in place of the old township. True to their reputation, the architects have designed each condo by keeping utility, comfort and aesthetic value in mind.
Value for money
When one purchases an apartment for profits rather than personal use, the surrounding amenities play a huge role in one’s decision. In that case, The Tre Ver condos are a win-win option. The homes are being built on land where there is already a prestigious housing complex in existence. The approaching road, infrastructures, shopping areas, markets, colleges, recreational centers, entertainment zones, health centers, and other basic requirements are already in place as construction of the new condos has begun.
Asia’s largest shopping mall, the Nex Mall in Serangoon is very close to the residential development. The City Square Mall is also within easy reach of the housing project. Besides these, other architects have planned two additional malls in the township itself – The Poiz Center and the Woodleigh Mall. These malls are all-in-one multiplexes to cater to different interest and needs of people. These amenities are surely a plus point while seeking out prospective tenants for your investment home.
For families with children
There are prestigious schools like the Cedar Girl’s High School and the St. Andrew’s High School that offer good quality education. The St. Andrew’s Junior College offers students a very holistic standard educational route. For those who are seeking an elitist school, the nearby Stamford American International School is a perfect choice.
To it sum up, buying one of The Tre Ver condo unit will produce high returns on investment. One can put the apartment on rent and earn a good amount of passive income while gaining the capital appreciation over time. When the price is right, you can sell it off at a neat profit too. Considering the locale and the amenities, the owners can charge a higher rental than in neighbouring areas too!