More and more people are
currently reviewing their housing options. Well, since we are in an age which finding
time at home is a luxury, we might as well push it forward. Condominium options
are limitless for your expatriate tastes.
These days, you can see
condominiums rising everywhere in light of growing demand. In the city
outskirts and suburban towns, housing projects are also flourishing.
The Peterson Group Bespoke Condominium
and Residences, your agent in finding the best and the most suitable condominiums
and residences in the cities of Singapore, Jakarta, Indonesia, and Kuala
Lumpur, Malaysia has been frequently asked on the most important feature of a
condominium.
Here are things you should consider:
1. Location
Condominiums are often
situated in prime locations – at city centers, near shopping malls, churches,
marketplaces, restaurants, schools and major transportation hubs. The close
proximity allows you to reduce commute time and costs.
2. Space
You may not be able to
expand your space when you are living in a condominium but you can still
customize your space. There are also available spaces to choose from when
owning a condo.
3. Maintenance
For any construction,
repairs or renovations in a condominium unit, you usually need to ask
permission from the building’s administration office. The shared areas, though,
are maintained by the building management. Still, you have people to clean for
your unit so your complaints may be minimized when it comes to keeping your
place clean.
4. Price
A house is usually more
expensive than a condo. Condos have a very wide price range. Lower-range
condominiums are often within the budget of first-time buyers and start-up
families. You find a house with the same price in less desirable neighborhoods
and suburban areas.
5. Privacy and security
Part of the condominium dues
goes to ensuring the privacy and security of unit owners. Living in a condo
promises a well-secured area where only residents can enter and visitors are
screened. Houses can be as private and secured, but this depends on the
location and the neighborhood.
6. Amenities
Condominiums have amenities
such as a swimming pool, gym, tennis and basketball courts and reception area.
Some of these amenities most of us cannot afford installing in our own homes.
There are subdivisions, though, that have clubhouse areas.
7. Resale
Condominiums are more
sensitive to resale compared to houses. The condominium sector is usually the
first to be hit and the last to recover when the housing market
declines.