Singapore Condo - Pleasure To Live In The City

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 Policies that have changed in favour of property ownership, has it's many plus points Singapore Condos are now becoming the talk of the town as more and more people are now moving to these condos from HDBs

These Singapore condos are first choice of many who want to buy some property in here Times have changed now from when, foreigners could buy condos only in a six storey building . This is no more the case , the restriction to buy a condo from a building which has six storeys, is not imposed any more So all those who simply love to live in a condo and that too posses one of their own in Singapore , can buy it without any restrictions now

But there are specific laws for those interested in purchasing condos in Singapore there are some pre requisites for buying a condo in Singapore 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 Corporate bodies and foreigners not residing in Singapore are not allowed to make these purchases at all Singapore condo can be yours even in the eleventh year of your Temporary Occupation permit status, if you are a part of the corporate body residing in the city.

So for those residing in the city permanently or as a part of a corporate organization, it is best to scout out the location you have decided to buy the condo in. Property developers and estate managers should be contacted in order to get proper information regarding the details of the purchase 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

This could be an option in case you want to consider something else than the Executive Singapore Condo projects. Your residential status and the kind of fiscal investment you are willing to do, will allow you to decide this 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 . All of this has benefited property developers in a huge way For this reason do take a sleek preview of the types of Singapore new launch condo that are available

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