Singapore condo price is much less than a house in such area. Condos are usually surrounded by well-developed neighborhoods and with security around the clock with latest features along with traditional way including CCTV cameras, auto gates, 24 hour security along with gated and guarded residence, especially new developments are much more advanced by security perspective that for house owner can’t be able to afford to secure his house in such professional and less vulnerable way. But, Singapore condo price is affordable by the average citizen of Singapore with all such facilities of security, where they can enjoy their life in the peaceful, calm and crimeless environment. Privates Condos renting price depends on the age of the building and area where the building is situated. Three bedroom condos located in the main area close to River Valley, Tanglin, Bukit Timah and Orchard are in the range of S$7,000 per month to S$15,000 according to its proximity to the CBD and how luxurious the apartment. At Sentosa and Keppel Bay waterfront housing which are high-end luxury apartments, their rent starts at around S$8,300 per month and can go up to S$13,000 per month. In the city fringe areas, three-bedroom condos are in the rage of around S$4,500 and S$7000. Less expensive condos situated outside of city-center with the rental of around S$3,300-S$5,000 per month are in Punggol, Jurong, Clementi, Yishun, Woodlands, Ang Mo Kio, Tampines, Bedok, Changi and Pasir Ris. After taking your time considers your eligibility decide where you want to live in Singapore. Many Singaporean prefer living in condos because of affordability with provision to playing ground for children, swimming pools, tennis court, secured access and better location as compared to landed property.
Location matters a lot in the decision regarding the price of that property. If the location of the condo contains all the related facility like the hospital, school, shopping malls, colleges, gym, playground, recreational facilities, and the superstores then the Singapore Condo prices are greater. These condos have more prices in comparison to those which have no facilities attached. In the year 2017, we have heard much good news about the real estate market.
The 2 bedrooms apartment costs 895,000 dollars. The Singapore condo prices for the residential unit consisting of the 2 bedrooms and a study room is 980,000 dollars. The residential units consisting of 3 bedrooms and the Singapore Condo price of this residential unit is 12,80,000 dollars. The condo that contains the 3 bedrooms and one study room and its price are 1,450,000 dollars. The 4 bedrooms unit of the condo and its price is 1,800,000 dollars. The 5 bedrooms unit of the condo and its price is 2,200,000 dollars. The Singapore condo price of the penthouse is above 3,000,000 dollars. The prices of the condos go up and up with the increase in the facilities attached and the number of rooms it. The price of the condo depends on the following factors:
- A total number of the bedrooms contained in the residential units.
- Facilities attached to the condos.
- The area covered by the condo.
- Location of the condo.
If a Singaporean is going to buy his first house he has many questions in his mind related to price estimate. Real Estate market of Singapore is one the most expensive market of the world because of this it is really hard to find a good home in a reasonable amount on the island especially for young families it is a challenging task.
Every Singaporean who is going to buy a house in Singapore must be aware that there are various casts factors related to housing, the purchasing cost, insurance of the house owner and amount of a bank loan are a major cost associated with the purchase of a house. Bank loan and insurance of the owner are two costs which significantly change with the passage of the time while purchase price is made up at the time of purchase.
The prices are different for landed property, condos and apartments. The rate of landed properties are much higher than apartments as ownership of land is included in the landed property while on the other hand in case of apartments and condos ownership of land is not included.