Singapore condos (or ‘condos in short) are an elaborate project that sells individual units. The unit you buy in a condominium is owned by you. The common areas such as the club house, pool, gymnasiums, tennis court, elevators etc. are shared with all the unit owners. Visit Altura EC showflat before reading this.
Singapore has many different types of condominiums. There are many different types of condominiums to choose from in Singapore. There are many options for buyers in different markets.
There are luxury condominiums at the top end that appeal to people who can afford it. Usually these condos are in Singapore’s premier districts like Orchard Road Keppel, Sentosa and Keppel. It is aimed at highly sophisticated and discerning customers who seek not only a new home, but lifestyle concepts to match their status.
Luxurious condo developers make sure that the owners of their luxury homes enjoy only the best finishes, fittings and fixtures. A high-quality standard is also maintained in terms of amenities and the facilities. Some even hire well-known architectural designers and theme creators to bring their uniqueness out.
You can also find condominiums that are in the middle of the scale. These condos tend to be located at the edge of the city in locations like Newton Novena, Tanjong Rhu and other areas. These are highly sought after projects due to being close to the centre of the city, which is where entertainment and businesses are located. Many of these projects have themes which appeal to professionals as well as yuppies.
These condominiums have excellent facilities and are mainly found in suburban locations. They are priced low to accommodate buyers upgrading from public housing and looking for private property.
Singapore has an unique characteristic. Executive Condominiums, a group of condos under the mass market category are available. A government-sponsored hybrid housing project, the Executive Condominium (EC) is a mixture of public housing and private homes. It is priced below private properties so that Singaporeans can afford them, particularly young professionals.