Different Types Of Singapore Condos - The Tapestry


A condominium is among one of the most common kinds of housing in Singapore. But not all condos in Singapore are the same. There is a vast array of choices offered to satisfy various market segments of customers. The tapestry brings the full detailed guide on different types of condos in Singapore.

A Singapore condo is a complex project. When you acquire a condominium, you have specific possession of every little thing within the walls of the unit. At the same time you have shared ownership with the various other proprietors of the usual building such as the elevators, club house, swimming pool, gymnasium, tennis courts as well as various other public centers.

There are condos belonging to the mid-tier array. These projects are prominent due to their close distance to the city centre where business and also home entertainment centers are and full facilities they give. They additionally feature different sort of styles that appeal to effective specialists.



At the luxury, there is the luxury class of condos that satisfy those with extremely deep pockets. Normally these lie in the prime areas of Singapore, in locations like Orchard Roadway, Keppel Bay and Tampines. They appeal to extremely sophisticated as well as discerning customers that are not just looking to acquire a home but special way of living ideas that befit their condition.

Designers of luxury condos spare no efforts to make certain the homeowners will certainly take pleasure in the finest top quality in regards to completing, fittings and fixtures. Facilities as well as features are additionally top-end. Just recently some even involve the solutions of popular designers to produce unique building layouts and also motifs that bring up the uniqueness of their projects.

There are also the mass-market condos mainly situated in suburban areas and also come with great communal centers. Such condominiums normally have entry-level prices to deal with several buyers that aspire to upgrade from public housing to personal property.


Singapore has an unique feature below. Under the mass market condo group, there is a sub-set of condominiums called Executive Condos (EC). An EC is a crossbreed of public as well as exclusive real estate presented by the government. They are valued lower than personal properties to satisfy the cost of those Singaporeans, specifically young experts, who strive for exclusive real estate however find prices of personal property beyond their reach.

Yet there are certain guidelines and also constraints governing the ECs, consisting of a 5-year minimum tenancy period by the proprietor prior to they are permitted to sell it in the resale market. As well as they can only market to immigrants after one decade.

Recognizing the various groups of condominiums in Singapore will help you narrow down your look for the condo home that matches you most. You will certainly not need to lose time checking out those tasks that do not satisfy your requirements. If you are looking to purchase a new condominium like tapestry condo, it is generally easy to inform which group it comes from by its loaction and the city developer.

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