Looking at the Benefits of Condo Living in Singapore

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Living in a condo in Singapore means you can enjoy a good location, round-the-clock security, top-notch facilities, and association membership. Normally, condos are situated in well-developed neighbourhoods and are close to such amenities as restaurants, schools, shopping malls, medical facilities, as well as tourist sites and attractions.

Security Services and Other Amenities

Modern security features in Singapore condos include gated and guarded access, as well as auto-gate, CCTV systems, and 24-hour security. The management staff also regularly maintains the developments. Therefore, the facilities and infrastructure look nice and are always in good repair. Owners of condos pay monthly maintenance fees for maintenance services.

Condos in the Singapore area, especially in well-known urban locales, offer a broad range of facilities for residential use. These facilities may include swimming pools, a sauna, a jacuzzi, a barbecue area, fitness stations, a gym, squash and tennis courts, a putting green, several meeting rooms, and a covered car park. As mentioned, the grounds are typically landscaped in a beautiful manner.

Talk to a Real Estate Company

You can obtain a complete floor plan for popular condos for sale in Singapore. You only need to talk to a real estate firm to learn more about the sketched designs. Once you live in a condo, you automatically become a member of a condo association, which features elected board members. The elected board acts as the community’s representatives and they are the people you want to contact with specific management concerns.

Condo Types in Singapore

Typically, condos in Singapore are classified into three categories. Mass market condos are found in the suburbs. Mid-market condos begin at $800 psf. Luxury condos are located in the more prestigious districts of a given city.

Mass Market Condos

Mass market condos are seen in the more popular suburbs around Singapore. Examples of these suburbs include Bishan, Choa Chu Kang, Tampines, and Jurong. These condos usually begin from $600 psf and highlight basic facilities. Some examples of the facilities include barbecue areas, car parks, gymnasiums, jacuzzis, swimming pools, and 24-hour security.

Mid-market Condos

Mid-market condos are frequently located on the borders of the prime districts in Singapore. These areas include the Upper Bukit Timah, East Coast, Newton, and Novena. Mid-market condos offer more amenities than mass-market condos. Examples of such amenities include squash and tennis courts, function rooms, basement car parks, and full-fledged fitness corners.

High-end Condos

High-end or luxury condos are generally found in the prime districts; from districts 9 to 11. The prices begin at $1,000 psf, depending on the amenities and the exclusivity of the building. Most luxury condos feature additional amenities in the form of concierge services, sky gyms, private lifts, or marinas to dock yachts. Some of these condos are featured at the city centre, and condos of this type are also situated near major shopping malls and good schools.

In Singapore, a condo development is only granted condo status when the site’s size is at least 40,000 square feet and residents share communal facilities. Basic communal facilities include a gym, a barbecue area, and a swimming pool. Therefore, each condo unit is individually owned, but all the owners share common areas with one another.