Living in a condominium instead of a townhouse in the city of Singapore has a number of advantages and advantages. The prices of properties in the city have grown to such levels that the purchase of a house in the city by most people is considered inaccessible. The condos not only offer a cheaper alternative, but also help to significantly improve the lifestyle of the residents. Some of the most important reasons that make condos the ideal choice for home are discussed below.
The condos in the city of Singapore are much cheaper than private homes. In fact, a person could easily get a high-end luxury condo at a price that would pay for a small 3-bedroom house in the city. This is mainly due to the fact that when buying a private house, the buyer must pay for the house, as well as for the area of land in which the house is located. On the other hand, buyers of condominiums must pay only for the price of the property, but not for the land in which the property is located. The price or rent of a plot of land is distributed evenly between each owner of several residential houses in the condominium building and is paid for it.
The peculiarity of condominiums is that they are not only cheaper to buy, but also cheaper to maintain and manage, than in traditional single-family homes. This is mainly due to the smaller area in terms of area. Consequently, by living in a condominium, such as Piermont Grand EC Punggol, and not in a private home, a person can save a lot of valuable money. In addition, regular expenses, such as electricity bills, real estate taxes, the cost of repairing damaged areas, etc., are also lower for condominiums than for private homes.
When you live in a private home, security is as good as a homeowner. Homeowners must install their own security features to prevent unwanted access to the property. The condominiums, on the other hand, have security personnel who constantly patrol the property to avoid such unwanted intrusions. In addition, the presence of security personnel at the main entrance ensures that only authorized persons can access the property. It only helps to increase the security of the property and the residents.
Additional benefits and convenience
By living in condominiums like NorthPark Residence, residents have access to luxury services such as gyms, barbecue areas, swimming pools, etc. These facilities are not easy to find in common houses in the city, and even if they do, they are very expensive.
With condos at such low prices, it is easier to find buyers selling one than to find buyers for private homes. Therefore, if a person considers it necessary to choose a larger property and wishes to sell an existing apartment, it will not be difficult to find suitable buyers for this property.