Singapore is one of the most wonderful places in the world to live in and work in. People from across the world fly here in order to enjoy this busy and lovely land of opportunities. This further means everyone has to live somewhere.
In Singapore, you can find superb luxurious condos and on the other hand, you can also enjoy your own landed property. For people who are capable of affording both types of housing, selecting between a condo vs landed property in Singapore often turns out to be a difficult task.
In this article, you will come to know which is a better condo or landed property in Singapore.
What is a condominium?
A condominium is also known as a condo is basically a form of housing tenure in which stated parts of the land are owned individually. Common areas along with the lands are together owned by all unit owners.
In Singapore, you can find two types of condos- executive condo which is said to be a public-private hybrid and the other is a private condo.
However, if you wish to live in a contemporary condo in Singapore then have a look at the most recent project of Singapore i.e., Ambersea condo which is all set to launch this year.
What is landed property?
When a residential property is exclusively attached to a piece of land and the proprietor has the title then it is considered as landed property.
Comparison between condo and landed property
Here are some points that state the comparison between condo & landed property, helping you to decide which is better.
Facilities and amenities
Condominiums are well-known for offering the perfect lifestyle and modern-day facilities that you have been looking for. Right from swimming pools, kid’s playgrounds, parking slots, function rooms, 24/7 security, gyms and so much more.
But when it comes to landed properties, you can have some amenities but not all that is possible with condominiums.
Location and accessibility
In Singapore, you will find most of the condos located within the prime key districts. You can find all the public places nearby like schools, hospitals, shopping malls, parks, public transport.
On the other hand, there are very few landed properties that are situated near main key districts as most of them are sited on the outskirts or in the suburbs of the city.
Noise and privacy
As condos are high-density living, you can always expect less privacy and irregular noise from the neighbors. You might hear the sound of kids playing around every day in the morning or foot stamping in the middle of the night.
Privacy on landed properties is guaranteed and you can do anything without worrying about your neighbors nagging around. Even the noise is much controlled because the homes are situated far from each other compared to condos.
Therefore, depending upon your family requirements and finances, you can choose between the condo and landed property to stay in Singapore.
