Exploring the Diversity of Tenant Profiles in Singapore’s Condo Market From Corporate Leases to Short-Term Rentals in the CBD and Near Top Institutions

The introduction of new condos, such as new condo, has made homeownership more financially viable. Compared to buying resale units where there are no available benefits, new launches offer more affordable upfront prices. Additionally, progressive payment schemes are often offered for new launches, allowing buyers to efficiently manage their cash flow while the project is still being constructed. This makes investing in new condo a more feasible option for potential buyers.

Another emerging trend in the condo market is the rise of home-sharing platforms such as Airbnb. These platforms allow homeowners to rent out their units on a short-term basis, catering to the growing demand for unique and authentic travel experiences. While this option may not be as prevalent in the CBD and near top institutions, it is gaining popularity in other parts of Singapore, such as the East Coast and Sentosa.

The rise of co-living spaces has also …