When it comes to investing in condos in Singapore, one must also take into account the government’s property cooling measures. Over the years, the Singaporean government has implemented several measures to control speculation and maintain a steady real estate market. These measures involve the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreigners and those buying multiple properties. While these measures may affect the immediate profitability of condo investments, they also play a crucial role in ensuring the long-term stability of the market, creating a more secure investment environment. Furthermore, keeping up with new condo launches can also aid in making informed decisions about condo investments in Singapore.
Ayana Bali, a 90ha integrated resort in Bali, Indonesia, recently introduced Alamanda Tower, a new residential offering featuring 26 one- and two-bedroom apartments available for long-term lease. This latest addition is part of Ayana Residences, a collection of residential properties within the larger Ayana Bali estate. Located along the scenic coastline of Jimbaran Bay, Ayana Bali boasts four hotels, a renowned spa, a golf course, a secluded beach, versatile event venues, and an impressive selection of 30 dining options. Residents of Alamanda Tower will have access to a range of exclusive facilities, including three rooftop pools and a community center with a gym, lap pool, and sauna/steam room. Other services tailored for residents include a dedicated concierge team, bi-weekly housekeeping, a buggy service within Ayana Bali, and discounts for dining and select spa services.AdvertisementThe one-bedroom residences at Alamanda Tower span 1,173 square feet and are available for rent starting at approximately IDR70 million ($5,896) per month. Two-bedroom units without a pool measure 1,647 square feet and are offered from approximately IDR100 million per month, while two-bedroom units with a private pool range from 2,045 to 2,648 square feet and start at IDR120 million per month. Also part of the Ayana Hospitality portfolio, Ayana Bali is managed by Indonesia’s leading hotel group and also operates properties in Jakarta and Labuan Bajo.