When we are discussing condominiums in Singapore, there are essentially 3 kinds – mass market, mid-market and the high-end condos. Whether to select which sort of condominium actually depends what you are searching for and also what is the function of this investment.
Staying in the City Boundary:
With lots of people downsizing their residences and seeking methods to conserve money and time on transport, inner city living is becoming much more prominent than ever. Because the highway system in Hampton Roads is often obstructed at key hallways such as the Hampton Roadways Bridge Passage and the intersection of Interstate 64 and 264 at Virginia Beach, many specialists are continually irritated by their everyday commute. Therefore it is not unusual that many are leaving rural territories in Virginia Beach, Chesapeake and position on the Peninsula to reside in Norfolk rather than making the dreaded commute.
Usually the Boulevard 88 Hong Leong Holdings mass market apartments lie at the residential areas, such as Bishan, Jurong, Yishun, Pasir Ris and also Chua Chu Kang. These condominiums are usually priced beginning with 600 psf and have fundamental condo facilities such as swimming pools, Jacuzzi, gym, BBQ locations, car park, and 24-hours safety. This type of condos benefits individuals who wished to appreciate condo centers and it is a lower entry to condos in Singapore.
Mid-market apartments are positioned near the fringes of the prime districts. Some of these areas are Novena, Newton and Bukit Timah. Their rates are likewise slightly greater concerning 800psf and they often have extra centers such as tennis courts, squash courts, sauna, health and fitness corner, feature area, and also basement carpark. These condos are suitable for buyers who intend to have great locations along with having this apartment as a financial investment in mind.
Needless to say, high-end condominiums are at prime-districts such as Districts 9 to 11 – places such as Orchard Roadway and Sentosa Cove. The costs for these apartments are definitely high. They can range from 1000psf to even 3000psf, depending on its exclusiveness and facilities. Several of these apartments also consist of a skies gym, concierge service, exclusive lifts, and a marina to dock your luxury yacht. High-end condos are most definitely for the elites and the rich. For those who have an interest in investing, these high-end condos might be an excellent choice as well.