Singapore – the land of opportunities has proved to be a paradise for real estate investors for so many years and it still attracts many local as well as foreign investors today. If you are thinking about investing your money in Singapore’s real estate, you should consider putting a condominium at the top of your list. Here are some solid reasons to justify this claim.
Better Returns On Your Investment
Although it is a fact that condo units, especially the ones you book in new launches such as Martin Modern, tend to take a longer period of time to appreciate their condo prices, still many real estate investors consider them a good investment vehicle. Another advantage of buying a condo in Singapore is that you can rent them out for a handsome monthly rent.
Minimum or Zero Maintenance
Another great advantage of investing your money in a condo is that you do not have to worry about maintaining your property at least externally. More often than not, it is the responsibility of the builder or the management company to take care of the routine maintenance activities. This is a good option considering the fact that you get to save a lot of time and money decorating your condo from the inside. In most cases, as an owner of a condo you just have to pay a monthly maintenance charge. On the other hand, if you buy a house or an apartment, you have to take care of all the repair and maintenance tasks. This means you end up paying more money from your pocket in order to keep your house or apartment in prime condition.
Enjoy Top-Notch Amenities
Another great advantage of purchasing a condominium in Singapore is that you get to enjoy all the top-notch amenities right at your doorstep. Anytime you or your family is in the mode to play tennis or take a nice dive in the nicely maintained swimming pools, you can do so in a private condo. Although you may have to pay a little price from your pocket to enjoy all these amenities, it is way more affordable than enrolling in an exclusive gym or setting up a swimming pool or a tennis court in your home or bungalow.
When you live in a condo, you do not have to worry about your security or the security of your family. All the modern condos in Singapore offer round the clock fool-proof security to the residents. Only the residents are allowed a covered car parking and the right to enter the premises, non-residents and even your guests have to go through proper security screening before they can enter the premises. Instead of hiring security personnel and installing a sophisticated security camera in a private house, you are better off enjoying all these security benefits without paying a lot from your pocket.
Easy Access to Local Malls, Schools and Hospitals
Most of the modern condos such as Martin Modern are situated in the heart of modern Singapore, with easy access to major markets, malls, hospitals, and bus stations. You save hundreds of dollars on your travelling expenses by living in such strategically located condos. Make sure to check the exact location of your condo at the showflat location before investing your money.