Condominiums in Singapore – The Different Categories

A Singapore condo or ‘condominium’ in summary, is a complicated project in which individuals units are offered. When you buy a unit in a condominium, you have individual ownership of everything within the walls of the unit. At the same time you’ve shared ownership with the other owners of the common property such as the lifts, clubhouse, swimming pool, gymnasium, tennis courts and other communal facilities.

A condo is one of the most common types of housing in Singapore. But not all condos in Singapore are the same. There is a wide selection of choices available to cater to different market segments of buyers. For more additional information about new condo launch Singapore, you can check out useful references online.

In the high end, there is the luxury class of condominiums that cater to those with very deep pockets. Typically these are located in the prime districts of Singapore, in areas like Orchard Road, Keppel Bay and Sentosa. They appeal to highly sophisticated and discerning buyers that are not simply looking to get a home but distinctive lifestyle concepts that befit their status.

Developers of luxury condos spare no efforts to ensure the homeowners will appreciate the finest quality concerning finishing, fixtures and fittings. Facilities and amenities are also top-end. Lately some even engage the assistance of well-known architects to make distinctive architectural designs and themes that bring up the uniqueness of the projects. You can also click online websites if you are interested in buying forestwood residences.

Then there are condos belonging to the mid-tier variety. These are typically located close to the city fringes, in areas like Newton Novena and Tanjong Rhu. These projects are popular due to their close proximity to the city centre where the company and entertainment hubs are and full facilities they supply. They also come with various kinds of themes that appeal to successful professionals and yuppies.

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