Introduction
Purchasing a condominium for investment is an exciting journey for you and your family, but it is no trivial affair putting down a couple hundred of thousand in hard earned savings to purchase a property, with hope that you will bring you prosperous returns in a couple of years.
Being equipped with the right knowledge could help you make a more informed and confident decision.
There are several considerations that you would have to consider when purchasing your investment property
Which location should I be looking at ?
Should I get a new launch or resale condo ?
Which condo development should I be considering ?
And finally what is the best condo size I should be getting ?
Should I go for the affordable 1 bedroom unit, the 2 bedroom unit or should stretch myself to go for a bigger 3 bedroom unit ?
Focus of this article
This article is all about condo sizes, we will break down all the pros and cons of a 1 bedroom, 2 bedroom, 3 bedroom unit from an investment perspective. By the end of this article, you should be walking away with a good idea of which is the best condo size you should be getting for investment.
A little bit about ourselves
You would be spending the next 5 mins of your life reading this article, it helps to know that this article is not written by chat gpt or some ghost writer sitting in another country.
We are a team of real estate investors turned full time realtors. We started off with the goal of finding the best ways to own multiple properties in Singapore. Having successfully done that, we now hope to help like minded property owners like yourself purchase your next investment property.
If reading is not your thing, whatsapp us and we will clarify your doubts over whatsapp.
Factors to consider when deciding which condo size to get for investment
It helps to realise that there is no one size fits all answer for our question, the choice of which is the best condo size for investment is highly dependent on your individual circumstances and the prevailing supply and demand condition.
To establish the basis for our discussion, let’s map out the factors that we will use to evaluate different condo sizes.
Capital Gain
In our opinion, capital gain is the most important criteria to consider when determining which condo size you should be looking at for an investment property.
From a quantum standpoint, it provides financial gain that has the most life changing impact, i.e. money that can free or loosen you from the shackles of your 9 to 5 job.
Putting your money on the right condo development with the right condo size / bedroom type and yielding capital returns of 400k to 500k over 4 to 5 years, easily beat the $1000 to $500 of rental income received monthly.
On the flip side, selecting the wrong property or condo size and making a sizable loss can easily wipe out the monthly rental income that you accumulated over the years.
Rental demand and rental yield
Rental demand and yield has its role to play in an investment property. It serves two purposes. Defraying the financial burden of supporting your investment property by having your tenant pay for your mortgage and elevating your lifestyle by providing passive cash flow monthly, if your rental income supersedes your mortgage and condo maintenance fee.
A point to note is that, it is important to focus on nett yield and nett rental income instead of simply looking at gross rental yield and income.
On paper, a 1 bedroom condo could seem to be providing an attractive income of 4.8k monthly, with rental yield exceeding 4%. But after factoring your actual interest expense, condo maintenance fee, rental income tax and non owner occupier property tax, the nett amount that you actually take back could be minute.
Affordability
Your budget is another main consideration when deciding what condo size you will be getting.
- As an overview your budget generally comprises of the following components
- The cash savings you have on hand
- The CPF savings you have in your OA account
- The potential cash and CPF proceeds that you be receiving from the sale of your property or after you decouple your property
- The maximum bank loan you would be eligible to take
With your budget in place, you can then decide which condo size or bedroom type you can afford. If this is something that you would like to work out, drop us a text. We are happy to work out your budget for you.
Lifestyle
It’s not always about data and money, real estate investing is one part logic, two part managing wife’s expectation.
When purchasing an investment property, you would need to consider if this property is to serve the duo purpose of doubling up as your home stay property or if this property is purely meant for investment purposes.
Even if the property is purely meant for investment, It helps to select a condo size that can cater for some contingency measures or double up to provide some lifestyle benefits.
For example, selecting a 2 bedroom condo or a 3 bedroom condo. In the event that you are unable to sell the property in the near term, you will be able to move in with your family to live in it for a period of time.
Another example, if you were to purchase a condo situated within 1km of a reputable primary school, you can temporarily leverage on that address in the short term to get your child into the school.
As a sidenote, if you are interested in investing in properties within 1km of the most sought after primary school in Singapore. Check out our mini series on review of best condo near popular primary schools.
Fallback options
Further expanding on the section above.
A much overlooked aspect, having a plan B is pretty important when venturing out to purchase an investment property.
When all else fails or you would like to have the option to liquidate one property and be able to live in either one of the property you own.
Flexibility also opens up opportunities as well. Assuming you are able to live in your investment property, you would have the flexibility to profit from the sale of your homestay property, and live in the second property instead.
Research Method
We will be using the transactional data of the following 5 condo developments that have recently achieved its temporary occupancy status as basis for our review.
- Treasure at Tampines – 2,203 units
- Florence Residences – 1,410 units
- Park Colonial – 805 units
- Jadescape – 1,206 units
- Stirling Residences – 1,259 units
We selected mainly mega developments with over 800 units that TOP recently to not only provide us with sufficient transactional data, but also recency in terms of transaction to reflect the latest trends in the market.
We acknowledge that the data of 5 mega developments may not be empirical but we hope to achieve an effective cross sectional view that can give us a good sense of the pros and cons of different bedroom types.
Condo sizes
We will be considering the following condo sizes in our discussion.
- 1 Bedroom – below 600 sqft
- 2 Bedroom – 600 to 850 sqft
- 3 Bedroom – 850 to 1100 sqft
Capital gain – for different condo sizes
As mentioned in the earlier section, capital gain is one of the most important criteria to look at for an investment property. Let’s compare to see how the different bedroom type fare against each other.
| Development | 1 Bedroom Profit ($) | 2 Bedroom Profit ($) | 3 Bedroom Profit ($) |
| Florence Residences | 122,252 | 209,422 | 317,327 |
| Jadescape | 168,708 | 292,551 | 423,558 |
| Park Colonial | 149,476 | 187,294 | 357,739 |
| Stirling Residences | 203,868 | 274,294 | 520,444 |
| Treasure at Tampines | 120,215 | 162,480 | 309,915 |
| Average | 152,904 | 225,208 | 385,797 |
| Development | 1 Bedroom annualised capital gain (%) | 2 Bedroom annualised capital gain (%) | 3 Bedroom annualised capital gain (%) |
| Florence Residences | 3.89 | 4.71 | 5.54 |
| Jadescape | 4.7 | 5.5 | 6.3 |
| Park Colonial | 3.6 | 3.6 | 5.1 |
| Stirling Residences | 4.9 | 5.0 | 6.4 |
| Treasure at Tampines | 4.4 | 4.7 | 6.2 |
| Average | 4.28 | 4.70 | 5.91 |
3 Bedroom units performed the best in terms of capital appreciation
The transactional data above show a distinct trend that points towards the bigger 3 bedroom units making more profit and generating a higher annualised gain.
In fact we see a significant gap in terms of capital gain matrices between the smaller 1 to 2 bedroom unit targeting investors vs the 3 and 4 bedroom units targeting homestay buyers.
Referring to the return of equity table below, if you overlay the amount of capital required to purchase each bedroom type, you will notice that even though the 3 bedroom unit required input of more cash and CPF, it generates a higher amount of profit as well.
Strong demand for 3 bedroom units.
The reasons for the better capital gain performance for a 3 bedroom unit is easily accounted for by the advantageous demand and supply.
With the implementation of the recent 2023 cooling measures, imposing a 60% ABSD on foreign property investors and 20% percent ABSD on local property owners purchasing their second property. Investors’ demand for 1 and 2 bedroom units have tapered significantly.
On the flip side, demand for bigger 3 bedroom units remained strong. The pointers below accounts for the drivers of demand for 3 bedroom units.
- Demand from families upgrading from resale HDB to private condo
- Demand from families cashing out from a profitable BTO sale and redeploying gains from BTO to private condo.
- Demand from empty nesters, downsizing from a landed property or a bigger condo to a smaller 3 bedroom unit.
The demand is also reflexively fuelled by the sales pitches of real estate agents on the ground, pushing clients and prospects to get a bigger unit.
Lower supply of 3 bedroom units competing to sell at a particular point in time
As a simple gauge of supply, simply browse through the listing on propertyguru, you would realise that the number of 1 and 2 bedroom condo listings easily outnumbered the 3 bedroom condo listing.
This is not surprising, as 3 bedroom units are mainly owned by homestay buyers. The consideration that a 3 bedroom unit property owner needs to consider before listing his or her unit for sale goes beyond making profit.
Owners would need to be able to make alternative arrangements to cater to family’s needs that includes proximity to the child’s school and ageing parents home, before listing the unit for sale.
2 Bedroom units performed better than 1 bedroom unit in terms of capital gain
Having established that a 3 bedroom unit performed the best in terms of capital gain. Let’s consider the performance of 2 bedroom units vs 1 bedroom units in terms of capital gain.
From a profit quantum perspective, referencing the table above, 2 Bedroom unit average $72k more in profit compared to a 1 bedroom unit over a 3 to 4 year holding duration.
On average you will looking at $150k + profit for a 1 bedroom and a $225k + profit for a 2 bedroom unit.
Numbers aside 2 bedroom units tends to fit in better into the investment narrative being touted by agents on the ground, urging buyers to consider 2 bed 2 bath units as their first priority before 1 bedders.
If 2 bedroom condo is an area of interest for you, our recently published research article that deep dives into selection critieria for 2 bedroom condo investment could be relevant.
Rental Yield and rental demand
Now, let’s move on to review how the different condo sizes fare in terms of rental yield.
| Development | 1 Bedroom Rental Yield % | 2 Bedroom Rental Yield % | 3 Bedroom Rental Yield % |
| Treasure at Tampines | 4.3 | 3.7 | 3.2 |
| Florence Residences | 4 | 3.6 | 3.2 |
| Park Colonial | 3.8 | 3.6 | 3.9 |
| Jadescape | 3.9 | 3.6 | 3.2 |
| Stirling Residences | 3.9 | 3.9 | No unit up for rent |
| Average | 4.0 | 3.7 | 3.4 |
1 Bedroom units provides the best rental yield
Referencing the table above, 1 bedroom units clearly out performed the 3 bedroom units in terms of rental yield. The lower purchase price of a 1 bedroom unit and its high rental demand accounts for its high rental yield.
This means that if you are working with a tight budget and are looking to create a secondary source of rental income, the 1 bedroom unit would be the optimal choice.
On the side note, the 1 bedroom unit is often the go to option for families looking to acquire a second investment property after decoupling. It’s low quantum and high rental yield provide an easy option for families to consider without overstretching their finances.
For more insights on property types to consider after decoupling refer to article inline.
Selecting the right development for 1 bedroom units
For investors attracted to the low purchase price and high rental yield of a 1 bedroom unit. It is important that you put in the due diligence to select the right location and development for your prospective 1 bedroom units.
From a separate study of 1 bedroom unit performance, we see a great variance in both rental demand and capital gain for 1 bedroom units in different locations.
We have written a dedicated research article diving into the consideration of whether a 1 bedroom condo is a good investment, check out link inline for a more indepth read if you are considering the purchase of a 1 bedroom condo.
As an overview, it is important to select 1 bedroom units that are close to commercial hubs with high density of white collar expats. For example, Marina bay financial district, Mapletree business city or areas with a strong white collar expat community.
Try to avoid the allure of getting a much lowered price 1 bedroom unit in the residential outskirt of Singapore. The rental yield for this 1 bedroom unit may be high due to its low purchase price, but the ease of renting these units out could be compromised, leading to potential periods of vacancy and loss of rental income.
For more insights on best place to buy a rental property in Singapore, check out the article inline.
Researching and shortlisting properties could be time consuming, drop us a note and we can help you with it.
2 Bedroom units rental yield did not differ much from a 1 bedroom unit.
If you noticed, the rental yield of a 1 bedroom unit did not differ much from that of 2 bedroom unit and referencing an earlier section on capital gain and annualised returns, the 2 bedroom unit tends to perform better than a 1 bedroom unit.
So the question begets, is it better to get a 2 bedroom unit over a 1 bedroom unit ?
Without diving deeper into specific location and developments and assuming you can stretch your budget for a 2 bedroom unit. We would advise you to go for a 2 bedroom unit.
The 2 bedroom unit provides greater ease of exit as it is applicable to a wider range of buyers ranging from families with no children to a family with 1 child.
From a contingency standpoint, having a 2 bedroom unit as your second property also provides a backup option for your family. Assuming that timing for sale of your 2 bedroom unit is not optimal and you have the option to sell and profit from your larger homestay property and move into the 2 bedroom unit in the short term.
Affordability
Thus far we have considered external factors such as the capital gain performance and rental yield of different condo sizes.
In an ideal scenario, assuming you have got no budget constraints. We would always advise you to prioritise potential capital gain and go for the bigger units. But in reality, budget constraints are often a challenge faced by many buyers, especially those who are purchasing their second property.
In this section, we will look into the minimal funds required to purchase each of these bedroom types.
| Development | 1 Bedroom | 2 Bedroom | 3 Bedroom |
| Florence Residences | 900,000 | 1,220,000 | 1,578,000 |
| Jadescape | 1,100,000 | 1,700,000 | 2,000,000 |
| Park Colonial | 985,000 | 1,390,000 | 2,200,000 |
| Stirling Residences | 1,158,000 | 1,400,000 | 2,400,000 |
| Treasure at Tampines | 813,000 | 1,100,000 | 1,685,000 |
| Average | 991,200 | 1,362,000 | 1,972,600 |
Referencing the table above, we seek to establish the average pricing of different condo sizes to give us a sense of the general price brackets for each bedroom type.
1 Bedroom units provide the least financial burden as investment properties
It is obvious that from a financial affordability standpoint, the 1 bedroom units are much more accessible than the 3 bedroom units. With a decent 1.1mil budget you would still be able to consider 1 bedroom units from developments in the city fringe regions, like Jadescape and Stirling residences.
For 2 bedroom units, you would need at least 1.2 to 1.4mil budget to consider units in both RCR and OCR regions. For a 3 bedroom unit, you would be venturing into the price bracket of 1.4 to 2.1mil average.
Cash, CPF and loan you will need for each bedroom type
| 1 Bedroom | 2 Bedroom | 3 Bedroom | |
| Purchase Price | 1,100,000 | 1,600,000 | 2,000,000 |
| 5% cash | 55,000 | 80,000 | 100,000 |
| Cash/CPF -15% | 165,000 | 240,000 | 300,000 |
| Buyer Stamp Duty | 28,600 | 44,600 | 69,600 |
| Loan | 825,000 | 1,200,000 | 1,500,000 |
| Upfront Cash / CPF, Including stamp duty | 248,600 | 364,600 | 469,600 |
| Loan | 825,000 | 1,200,000 | 1,500,000 |
We did a further breakdown of the cash cpf and loan quantum you will need to get your hands on each of these bedroom types.
For a 1 bedroom unit, assuming a price point of 1.1mil, you would need at least $248,600 in cash and CPF to cater for the purchase with buyer stamp duty included. And you will need to be eligible for a loan quantum of $825,000.
For a 1 bedroom unit, assuming a price point of 1.2mil, you would need at least $364,600 in cash and CPF to cater for the purchase with buyer stamp duty included. And you will need to be eligible for a loan quantum of $1,200,000.
For a 3 bedroom unit, assuming a price point of 2.0mil, you would need at least $469,600 in cash and CPF to cater for the purchase with buyer stamp duty included. And you will need to be eligible for a loan quantum of $1,500,000.
Ease of exit
It is way easier to place a downpayment to purchase a condo, then to sell a condo at its optimal price to rake in the profits. In the midst of all the excitement in selecting and viewing units, ease of future exit is often a factor that is overlooked.
To review the potential ease of exit for each of these condo sizes, we will be reviewing the supply and demand for different units.
A quick dipstick analysis to get a sense of the supply for the different bedroom types is to simply do a quick count of the number of listings on Property Guru for a particular point in time.
The ideal is that assuming demand stays the same, you would want to have as little competing supply as possible for your unit to stay out in the property portals.
| Development | 1 Bedroom Listing (as of time of writing) | 2 Bedroom Listing (as of time of writing) | 3 Bedroom Listing (as of time of writing) |
| Florence Residences | 84 | 98 | 28 |
| Jadescape | 42 | 42 | 14 |
| Park Colonial | 28 | 28 | 8 |
| Stirling Residences | 28 | 56 | 8 |
| Treasure at Tampines | 42 | 140 | 98 |
| Average | 45 | 73 | 31 |
3 Bedroom provides the greatest ease of exit, followed by 2 bedroom units.
Referencing the table above, the no of 3 bedroom units is far lesser than the no of 1 and 2 bedroom units. This is accounted for by the fact that 3 bedroom units are mainly owned by homestay owners, while 1 and 2 bedrooms are mainly held by investors looking for flips.
Which condo size should I get ?
So back to the question, which condo size should I get ? To facilitate decision making, we summarise the factor of consideration in accordance with the different unit types below.
| Factors for Consideration | 1 Bedroom | 2 Bedroom | 3 Bedroom |
| Capital Gain | 1 | 2 | 3 |
| Rental Demand and Yield | 3 | 2 | 1 |
| Affordability | 3 | 2 | 1 |
| Lifestyle | 1 | 2 | 3 |
| Fallback Options | 1 | 2 | 3 |
| Total | 9 | 10 | 11 |
3 Bedroom unit as priority
The simple answer is, if your budget can be stretched, go for the bigger 3 bedroom unit. Optimise for capital gain, ease of exit and try to select a location that can still bring you decent rental income to defray the monthly mortgage.
As a side note, we dive deep into a sub category of 3 Bedroom unit known as 3 Bedroom Compact which we increasingly see in modern new launches, featuring compact sized 3 Bedder ranging from 818 sqft to 950 sqft. Refer to article “Are 3 bedroom compact new launch worth investing in ?” for more insights.
1 Bedroom vs 2 Bedroom which is better for investment ?
For investors that are working within a tigher budget constraint, the natural priority would be to prioritise a 2 bedroom unit over a 1 bedroom unit when possible.
But having said that, if stretching your budget compromises your ability to hold on to the property in times of challenging financial situations, then it would be better to purchase a 1 bedroom unit.
Looking to identify the optimal unit type you should get for investment ?
Find a diligent realtor that can help you put in the hours on researching and finding the right unit in the best location and development.
Part 2 – 3 Bedroom vs 4 Bedroom and 5 Bedroom Condo
Who is this section written for ?
We decided to extend this article to address several questions regarding the pros and cons of getting a larger 4 bedroom or 5 bedroom vs a smaller 3 bedroom unit.
The first part of this article predominantly addresses the concerns of an investment focused buyer selecting a property strictly for investment upside with little consideration for homestay factors.
The second part of this article is specifically written for buyers that are purchasing for the dual purpose of homestay and investment.
You would fall into this category of buyers if …
- You are looking to purchase a larger 4 bedroom condo to provide more rooms and space for your family.
- You are wondering if you should stretch your budget to get a larger 4 Bedroom unit instead of a 3 bedroom unit.
Either ways your primary concerns revolves around if it is better to stretch your budget to purchase a larger unit for your family to live in , and what will the profitability of a larger unit looks like compared to a standard 3 bedroom unit.
Profitability – 3 Bedroom Condo vs 4 and 5 Bedroom Condo
The common assumption that profit increases in correlation with unit size has been validated.
Profit correlates with size of unit
The average profit of a 3 bedroom unit falls within the $300k plus range while the 4 bedroom unit comes close to the $400k range and finally the 5 bedroom unit’s average profit falls within the $470k range.
Developments in OCR sees significant increment in profits for larger units
Specifically for developments in the OCR heartland areas, we see greater gap up in average profits as unit size leaps from 4 bedroom to 5 bedroom.
This could be attributed to affordability, due to the lower psf for condos in the OCR area, the overall purchase quantum tends to be a lot more manageable. Hence you see greater demand for larger 4 and 5 bedroom units.
Reference jump in average profit between 4 bedroom to 5 bedroom units in Lakeville situated in Lakeside MRT, Riverbank in Fernvale, Panorama in Lentor and Coco Palms in Pasir Ris.
| 3 Bedroom Condo | 4 Bedroom Condo | 5 Bedroom Condo | |
| Development | Average Profitability | Average Profitability | Average Profitability |
| Watertown | 458,325 | 492,743 | NA |
| Lakeville | 281,030 | 437,099 | 601,000 |
| Riverbank | 218,746 | 275,493 | 506,944 |
| Commonwealth Tower | 372,382 | 493,275 | NA |
| D’Nest | 234,184 | 326,515 | 543,606 |
| Panorama | 535,254 | 583,553 | 613,193 |
| Kingsford Waterbay | 153,395 | 232,086 | 219,365 |
| North Park Residences | 335,911 | 299,178 | 435,207 |
| The Poiz Residences | 436,684 | 491,737 | NA |
| Coco Palms | 313,392 | 363,470 | 439,672 |
| Average | 333,930 | 399,515 | 479,855 |
Is it worthwhile paying more for a bigger 4 or 5 bedroom unit ?
Now let’s consider if it is worthwhile incurring more capital upfront to purchase a larger unit.
Using Coco Palms condo as example. A 3 bedroom unit ranges from $1.6 mil to $1.8 mil, a 4 bedroom unit is priced at $2.0 mil and a 5 bedroom unit is priced at $2.3 mil.
So we are looking a estimated $300k increment as we progress up towards larger unit types.
From a profit standpoint incurring a Incremental $300k to purchase a 3 bedder instead of a 4 bedder will bring you the following gap up in terms of profit.
| 3 Bedroom Condo | 4 Bedroom Condo | 5 Bedroom Condo | |
| Average Profitability | 333,930 | 399,515 | 479,855 |
| Profit Gap Up between unit type | NA | 65,585 | 80,340 |
Referencing the table above from a return of investment perspective, it may not always be capital efficient to incur more in terms of purchase quantum to purchase a larger unit.
In the sense that incurring a 300k more purchase capital may not bring about a equivalent or significantly higher capital gain.
Referencing the table above profit gap from a 3 bedroom unit to a 4 bedroom is only $65k, while the gap up from a 4 to 5 bedroom is more significant at $85k.
Not an issue if you are purchasing for homestay funding the increment with mostly cash
This is not an issue if you are stretching your budget to purchase the larger unit with mainly cash, as the cost of capital is zero.
But if you are funding the purchase with larger mortgage then you might want to settle for a smaller 3 bedder.
If you are funding the $300k to $400k increment in purchase quantum with mortgage then you must consider the increase in interest expense to be incurred jver a 5 to 6 year holding period and weigh that against $65k to $85k gap up in profits.
Holding Period – 3 Bedroom vs 4 Bedroom and 5 Bedroom condo
Another common assumption is that you will have to hold on to a bigger unit for a longer duration to sell it.
The assumption is that a larger unit will cost more hence is limited to a smaller pool of buyer compared to a smaller and more affordable unit.
From our findings, the assumption is unfounded. All 3 unit types sees roughly the same 6 to 7 years holding period.
The possible reason behind this is due to the fact that as unit size increases its available supply also decreases.
Think about it, in a condo development it is often dominated by 2 and 3 bedroom units. There are often less 4 and 5 bedroom units.
So the smaller supply could potentially be gate the effect of a smaller buyer pool resulting in equal ease of exit for the 3 different unit types.
| 3 Bedroom Condo | 4 Bedroom Condo | 5 Bedroom Condo | |
| Development | Holding Duration | Holding Duration | Holding Duration |
| Watertown | 9 | 10 | NA |
| Lakeville | 7 | 6 | 9 |
| Riverbank | 6 | 6 | 8 |
| Commonwealth Tower | 5 | 5 | NA |
| D’Nest | 8 | 8 | 9 |
| Panorama | 7 | 6 | 6 |
| Kingsford Waterbay | 6 | 6 | 5 |
| North Park Residences | 6 | 5 | 6 |
| The Poiz Residences | 6 | 5 | NA |
| Coco Palms | 7 | 6 | 7 |
| Average | 7 | 6 | 7 |
Ease of Exit – 3 Bedroom Unit vs 4 Bedroom and 5 Bedroom unit
When it comes to ease of exit, 4 and 5 bedroom units are in a better position in terms supply available and no of sale listing on property portal.
4 and 5 bedroom units are more scarce when compared to 3 bedroom unit. Referencing the table below, there could be an average of 10 sale listing for the 3 bedroom unit type, and 5 listing for 4 bedroom and 2 listing for 5 bedroom unit type.
Available competing supply also decreases as unit type gets larger.
| 3 Bedroom | 4 Bedroom | 5 Bedroom | ||||
| Development | No of units | No of live listing | No of units | No of live listing | No of units | No of live listing |
| Watertown | 202 | 12 | 49 | 8 | 0 | 0 |
| Lakeville | 281 | 7 | 110 | 12 | 16 | 1 |
| Riverbank | 340 | 10 | 42 | 0 | 17 | 1 |
| Commonwealth Tower | 195 | 4 | 38 | 2 | 0 | 0 |
| D’Nest | 297 | 5 | 203 | 7 | 28 | 4 |
| Panorama | 314 | 16 | 73 | 1 | 22 | 0 |
| Kingsford Waterbay | 425 | 25 | 92 | 4 | 16 | 2 |
| North Park Residences | 270 | 3 | 50 | 1 | 20 | 0 |
| The Poiz Residences | 201 | 4 | 53 | 0 | 4 | 0 |
| Coco Palms | 332 | 6 | 187 | 4 | 38 | 0 |
| Average | 281 | 10 | 79 | 5 | 18 | 2 |
So which is better for both homestay and investment ?
In aggregate, if you are making a conclusion based on the average numbers that we are using in the section above.
3 Bedroom still remain the best unit type balancing both investment return and liveability.
That is on the assumption that you do not need the extra bedroom for child or family usage.
But if it is mandatory within the family’s requirement to get a 4 bedroom or 5 bedroom condo. Then it is important to lookout for price gaps.
If you are purchasing a 4 bedroom unit make sure the price gap is as narrow as possible between a 3 bedroom unit, and make sure the 5 bedroom unit is significantly more expensive.
If 5 bedroom unit is only slightly more expensive may want to consider stepping up to a 5 bedder.
Affordability and purchase quantum as another important factor of consideration as well.
When purchasing a larger unit, make sure the overall purchase quantum remains affordable when reselling to future buyers. If the future exit price is going to be too expensive for a buyer to purchase or too close to that of a landed property then demand will be hampered.
Gaining a competitive edge when selecting condo below in Singapore
When head knowledge is executed effectively on ground.
By ploughing through this 9 page article, you would have gained significant head knowledge on what kind of condo development you should be looking at.
But the recipe to a successful real estate purchase is often the marrying of 2 components. Head knowledge and experienced on-ground execution.
The next step to take will be to get someone to shortlist actual units that fit your budget, selection criteria and to take you through the groundwork of visiting all these units.
More reads, more gains ?
Kudos on making it this far. The fact that you have invested the last 5 mins reading this article. We believe you are a like minded real estate investor looking to beat the rat race by getting more out of your real estate investment.
If so, do check out the following articles.
- How to avoid ABSD when purchasing second property in Singapore
- Sell one buy two strategy
- Are dual key condo good investment properties ?
- Are 1 bedroom condos still a good investment in 2026 ?
- Buying resale ec – can you make money ?
- How to own 2 properties in singapore
- Should I upgrade to a bigger property or should I buy a second property
- Buying a new launch condo
- Are TOP condo or subsale condo good investments ?
- Will you always make money when purchasing new launch condo ?
- Is resale condo worth buying ?
- Buying a condo as a single person
- Singapore property market cycle
- 2 Bed 1 Bath vs 2 Bed 2 Bath condo
- American buying property in singapore
- Highest Rental Yield Condo in Singapore that are actually investable
- OCR 3 bedder or RCR 2 bedder
