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There is no doubt that you have witnessed high-rise condos pop up in Singapore. These landmarks of modern-day living all the way from Orchard to Pasir Ris, are often believed to be elegant luxury, secure, and luxurious. However, the decision to purchase a condo isn’t something that is easy to take. For instance, an average blossoms by the park condo may easily cost four or more times more than an HDB flat. The advantages could outweigh the disadvantages. From being an investment option to the countless convenience and freedom There are six benefits of living in a condominium can bring.

1. Safety

Yes, Singapore is among the most secure countries in the world. However, as they say, low crime doesn’t necessarily mean there’s zero crime. Most condominiums are bolstered with high-security, with 24-hour security guards at the main gate and CCTV systems, an around-the-clock gated residences as well as roving guards who patrol the property. While the main point is that anyone who visits the property must have their ID recorded (although this may vary from condo to condo), In any case, everyone who enters the premises should have their faces recorded in the CCTV system, thus ensuring that they behave in a safe manner. For families, this provides a host of benefits. You don’t have to worry about your child’s safety in the pool, but you are able to let them go while you do some cooking. You could ask a friend to look after your kid for a couple of hours. Want to take a stroll in the middle of the night to help with indigestion? Don’t worry about the torchlight; simply go for it.

2. Private Facilities

Condos come with the privacy of a pool with a tennis and squash courts, barbecue pits, spas, saunas and other amenities in a peaceful location. Imagine taking a dip on a Sunday, even if you aren’t living in a condominium. To reach the pool, you’ll have to take the bus or take a transfer. You’ll then find the pool is so packed with children taking swimming lessons, you’ll need to wait for an hour before can even get wet. If you’re a blossoms by the park it’s all you have to go downstairs to take a dip. Another way to think about this is that a typical gym membership is $70 per month and you can access the facility (albeit without the trainers) right in front of you. You may also invite your members of your friends to these private facilities, making it easy to be healthy. The responsibility lies with you for the maintenance of these facilities, so be sure you use them fully.

3. Access to Services

There is a rising trend for condos to feature retail stores. Such shops can go from convenience stores to late-night snacks to childcare centres to fully-fledged eateries. Some condos even provide fitness classes that range from yoga to kickboxing. This is, again, about the convenience. For someone who lives an active lifestyle and is constantly on the move, the distinction between working out in the morning right below your house and a 30-minute drive to an outdoor gym can make all the difference. This advantage also allows people who prefer to stay away from the crowd that is everywhere in Singapore a special bubble to enjoy a relaxing meal or take a stroll in peace without the noise.

4. More freedom

Living in a condo implies that you have the option of having more pets than you can have in one. HDB owners are restricted to one pet that is approved by HDB per apartment. You can have three dogs while living in a condominium. However, it is recommended to consult your landlord or management to make sure they’re in agreement with this. You will also have fewer restrictions when renting out your condo unit, or any of its rooms. Private-property owners are free to lease out their spare rooms or entire units without requiring HDB approval. But, there are certain regulations that must be adhered to, like the ban on short-term rentals (less than six months). It is easier to make money with condos than with HDBs. This is a major benefit.

5. Prestige and Customisation

Condos are designed by world-famous architects, and also the winners of awards. The exterior is only a part of it. The exterior is important in order to create an impression on a potential date, or customer or potential investor. Want a loft and not just a basic 4-room apartment? Or a studio unit? Condo developers typically offer a variety of design options for buyers. You should also consider the possibility of creating a network. You may meet potential clients or business partners, based on the condominium you live in.

6. Investment Matters

Condos can be considered as decent investment options. Whether you dabble in the field of property investment, aren’t, or are a full-fledged professional, an en-bloc could be the most beneficial benefit of owning a condo. The money you get from an en-bloc could easily earn more than the cost of selling the unit. Apartments in prime areas tend to appreciate in price over time, or at least slowly. Of course, you may get lucky if you find an apartment in a highly sought-after area and your home just became an extremely powerful and valuable asset.