A condominium means a place where individual units are sold. You have
individual ownership of all things starting from walls to everything.
You have to share some property with the other owners like elevators, club house, swimming pool, Gym, Tennis courts and other common usable properties.

Buy a Condo according to budget and location:

•
Areas like Orchard Road, Keppel Bay and Sentosa contains luxurious
condos because of the most beautiful location of Singapore. The
sophisticated buyers who are not looking for just a home but luxurious
living facilities which suit their status can get a perfect condo in
these areas. People who don’t think about money can get a dream home in
these locations because developers also put their efforts to satisfy
the high level sophisticated people. The things which make a condo the luxuries are :

1. Latest Flooring Designs
2. Stunning Textures
3. Quality Fittings and Fixtures
4. Special Gym with modern Equipments
5. Swimming Pool
6. Tennis court
7. Some extra-ordinary accessories
8. Better Security
9. Garden and great atmosphere
10. In front of Sea

•
Now let’s see about Mid-tire range: The condos which come at this level
have low price compared luxurious condos. These condos are typically
located near the city fringes, in areas like Newton Novena and Tanjong
Rhu. These areas have great facilities too. Middle class people who
want great facilities in affordable price can get their dream house
here. These condos are famous because the location is close to city
center where every needful facility available easily likes business and
entertainment.

• The Mass Market Condominiums: This type of
condos is located in suburban areas and developers of these condos
provides good communal facilities. The price of these location condos
is cheaper than the mid tire range. People who want to upgrade their
living from public housing to private property, these condos are best
for them.

• Singapore government provides a great facility to Singaporeans. Executive Condominiums (EC)
are a subset of condominiums which comes under the mass market
condominium category. The government introduced an EC which is a hybrid
of public and private housing. The price of EC is lower compared to
private properties and these facilities available only for
Singaporeans. So Singapore people who have a small business and can’t
afford a big budget condo can live here. Rules Of ECs :

1. A person can’t sell his EC before 5 years. He must have to live till 5 years.
2. If someone wants to sell EC to any foreigner then he must wait for 10 years.

Singapore
condos are in demand because of its extra-ordinary designs. The
locations also matters a lot. The condos located at best locations so
they are in demand. Foreigners come at Singapore to invest their money
because to invest money in Singapore condo is really a safe investment.
You definitely get so much profit whenever you sell the condo.