Property investors usually expect two types of profit—“rent” and “value appreciation.” Because condominiums have been very popular among investors for the past few years, the market has become somewhat oversupplied. In 2013, approximately 85,000 new condominium units were launched to the market. The demand, on the other hand, has decreased. Investors are thereby seeking new opportunities with higher returns. The home office sector is now considered an emerging property market due to its increasing demand resulting from expansion of small and medium businesses in the country. In addition, compared to the condominium market, it is much less competitive.
The home office concept was originally developed from traditional shop houses by adjusting function and appearance to accommodate people’s lifestyle.
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