In Singapore, among the most popular types of housing are condominium units, but not all of them are the same. There are several options available for a Singapore condominium in order to cater to various market sectors of buyers.
Those who have deep pockets can opt for the luxury type of condos. These are primarily located in the major districts such as Sentosa, Keppel Bay, and Orchard Road. They appeal to sophisticated buyers who do not want just a home, but also exclusive lifestyle perceptions that suit their status.
Singapore condominiums that belong to the mid-tier range are also available. Units of this type are usually located near city suburbs, such as Tanjong Rhu and Newton Novena areas. These condominiums are popular because of their proximity to the city hub where entertainment and business centres are located.
There are also mass-market condos mostly located in residential areas. Typically, these condos have entry-level rates for people who want to upgrade from renting to private property.
Understanding the various types of condos in Singapore would help in narrowing down your search for the unit that fits you best. If you wish to buy a Singapore condominium, it is normally easy to determine which type it is by its location and how the developer advertises the property.Share Us: