Condos are in high need, and there are 4 styles to pick from.
Condos in Singapore have been steadily obtaining in appeal in the past couple of years in Winnipeg. At least part of this is because of the reality that while purchasers have a bumpy ride discovering a good house under $150,000, condominiums are still available in this rate variety.
Whether you are a novice house buyer, or an ’em pty-nester’, there are condominiums which will certainly fit your demands. Right here is an overview of readily available selections and the distinctions in between them:
Apartment-style: These are usually 3 stories tall or a lot more, as well as are specified by having one basic entrance way bring about an entrance hall or corridors, from where the individual suites branch off. Taller condominiums are frequently developed with concrete floorings, which assists in the noise-reduction. Ideally, you would desire a porch so you can sit outside and have some fresh air.
The majority of have window a/c devices, but the nicer, much more expensive ones have central air conditioning. One more point to bear in mind is that not all of them have in-suite washing, which is a good choice to have. They typically come with a vehicle parking place, with underground places commanding a greater cost.
These types of condominiums in Singapore can occasionally still be found around the $100,000 mark for a 1-bedroom, and also $125,000 and also up for a 2 BR, depending upon the alternatives. Deluxe condos of 1400 sq ft and even more can run dramatically a lot more, depending on area.
Townhouse-style: These are generally one and also 2 story buildings in Singapore, with each unit having its very own entry. A lot of these are wooden-frame construction, the drawback being that you can hear your next-door neighbor’s stereo (or amorous adventures). These condos typically have an outdoor car park stall, window a/c and generally have in-suite washing. A typical 2 BR of about 900 sq feet will run you around $130,000, once again depending on place.
Side-by-sides: A lot of these are of newer building, and can vary in price and also size. Being more recent buildings (generally developed within the past one decade), they additionally come with more choices, such as c/air, affixed garages, full basements and also other amenities.
Privacy is enhanced because you just share one wall surface with a next-door neighbor, and also a lot of the newer ones have pretty good audio insulation in between the wall surfaces. Prices of these sorts of condos range from around $200,000 and up.
Detached Condominiums: These are what I call the “best of both worlds” in Singapore. Essentially they are stand-alone buildings, completely detached, but offering all the benefits of condo-living. You have your own home, usually with all the options including attached garages etc, but no yard-work, snow-shoveling or other maintenance required. These types of condos are rare, and therefore pricey. They usually start around the $250,000 mark and run into the half-million dollar range.
Well, there we have the basic types and styles. I hope you enjoyed, and will come back in a couple of days for Part 2, which will go into the legalities, restrictions and benefits of owning a condo, along with explanations, is Avenue South Residence a good buy in Singapore? and on “Reserve Fund”, “Condo Fee Inclusions” and “By-Laws” of condos.