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Singapore is identified as one of the top locations to migrate in Asia by the foreign expatriates. Singapore is one of the best and has strictest law regulations in the region. That is why nobody can find any strikes or protests on the streets. The education system in Singapore has successfully produced many persons who have made their names on international platforms. Geographically it is small sized and traveling is easy and convenient. It has all year round warm climate.
Therefore, thousands of expatriates decided to make Singapore as home. However before getting the benefits of Singapore as country to live in, choosing the type of Singapore houses has become problem for lot of persons. There are several features to be considered in choosing the correct type of Singapore houses like location, cost and accessibility.
Selecting the right location is important to ensure that it is close to work place, children’s schools and amenities. If it is closer to the Business District the expensive is the rental or purchase cost. Once you have found a location that is comfortable you should then find the cost which suits your budget. The purchase rates vary in sizes and the number of rooms and from location to location.
The expensive Bungalows varies from $8000 - $60,000 rent per month. Terraced flats vary from $5000 - $55,000 per month and the cheaper flats costs $2000 - $40,000 per month. If these prices are also not suitable for you then you can select most affordable Housing Development Board HDB flats. They vary from $800 - $5000 a month.
Therefore depending on the budget, location and property’s condition you can find the HDB flat which is suitable for you because there are many types of HDB flats available in Singapore today. Many locals and foreigners select Condominiums because they provide multiple facilities. These apartments are freehold but some flats will have ninety nine or nine hundred and ninety nine years leaseholds. If you have more money select landed houses like Bungalows or semi-detached houses.
They provide greater access to better amenities, large space, and greater privacy. If you don’t have much budget going for HDB flat is the good choice for you. They are the cheapest and self sufficient with the amenities. They are located near public transport systems making traveling very easy.
You can also select Executive Condominiums. They are bigger than HDB flats but smaller than private Condominiums. Young couples usually select Executive Condominiums who can’t afford expensive houses. There are many types of houses in Singapore. Selecting the right type of Singapore house depends on required location, budget and accessibility. We should be more interested in buying a home when they are selling for cheap price.
If you already have a house you may hesitate to move to large home. You are hesitating because you don’t want to sell at low price. It makes sense when you buy a flat when it is on sale. The interest rates are low as of late 2008. You can be safer when knowing that banks are not allowing the borrowers to get mortgages which they can’t afford.
Buy Sell Rent Invest Singapore Property
Billy Chen 曾庆义
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com ( email me )
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