3. Strong
rental potential
The
rental potential of private homes in D25 remain strong. Data from URA shows
that from 2019 to the first half of 2024, the median monthly rents of private
and executive condominiums climbed by an astounding 69.6 per cent.
As the
population in Woodlands continues to grow, the demand for housing is on the
rise. With a shortage of housing options, the appeal of properties in D25 for
renting is stronger than ever and is likely to remain so in the future.
With the
various plans to transform the district, which include creating new spaces for
businesses, industry, research & development, and learning &
innovation, the demand for homes is likely to increase.
The
expansion of industrial and business space in Woodlands will also ensure a
steady pool of potential renters among workers. Those investors who wish to
benefit from the strong rental potential of D25 and earn rental income would do
well to consider investing in a home here.