Singapore Condo – Pleasure To Live In The City
Singapore, in recent years has grown into being a tourist hotspot It attracts a lot of tourists off late The several changes for the good , in general have escalated the property rates The new policy is encouraging to acquire property in cities and in other countries. Everyone is talking about them and everyone wants to own one of them .
These Singapore condos are first choice of many who want to buy some property in here Earlier a foreigner’s choice of condo was restricted to buying from a six storey building only This is no more the case , the restriction to buy a condo from a building which has six storeys, is not imposed any more Buying condos in this highly prosperous city has become much simpler as of now .
These laws are for all those who desire to own a condo in this flourishing and progressive city . Executive Condominium projects require the following you do not have to worry if you are not a citizen of Singapore these residents enjoy the privilege of Temporary Occupation Permits. Purchase of the condo must be concluded at anytime between the sixth and tenth year from the date of the granting of the Temporary Occupation Permit The same goes for foreigners as well. However every cloud has a silver lining and such is the case here as well
It is advisable to look for the location that you want to purchase a condo in The estate managers too will be able to give you good guidance regarding this . For members of corporate bodies, it is best to check which Singapore new launch condos are in their eleventh year according to the mentioned law
For those looking to an alternate option from the Executive Singapore Condo Projects, there is the option of checking out apartments which have been classified and listed as condos One can also check out the apartments , listed as condos All of it is dependent on your residential status in the city and the amount of money you are willing to invest in the purchase of these condos Admitted, property prices in Singapore have seen a steep rise, but the fact that the city has flourished due to its economy should not be overlooked They have benefitted out flourishing commercial scene in Singapore . The city has lots to offer – its most happening offer is a condo ownership.
Author is an expert writer on singapore property and singapore new condo.
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