There is no doubt that you have witnessed high-rise condos pop up in Singapore. These landmarks of modern-day living all the way starting from Orchard to Pasir Ris, are usually believed to be elegant, luxurious, and secure. However, it isn’t an easy decision to buy an apartment. A typical blossoms by the park condo could cost four times the price of an HDB flat. But the benefits may outweigh the drawbacks. From being an investment opportunity to the countless freedom and convenience Here are the six advantages that living in a condominium can provide.

1. Safety

Singapore is among the most safe countries around the globe. But according to the saying, low crime doesn’t mean zero crime. Condos are surrounded by security. Security guards are stationed at the gate as well as CCTV systems throughout the property. They also have roving personnel who patrol the property. It is essential that any guest who enters the property will be greeted by their ID taken down (although this may differ from condo to condo). In any case, everyone who enters the premise are required to have their face recorded on the CCTV system, thereby ensuring that they behave in a safe manner. This offers a myriad of advantages for families. You don’t have to worry about your child’s safety at the swimming pool, but you are able to leave them in the pool while you do some cooking. Have a neighbor who is friendly look after your kid for a bit. In order to ease stomach indigestion it is possible to take a long walk at night. Don’t worry about torchlights; just do it.

2. Private Facilities

Condos have an exclusive swimming pool, tennis and squash courts, barbecue pits, spas, saunas and other facilities in a serene setting. Imagine living in a condominium and heading out for a swim on the weekend. To get to the pool you’ll have to take the bus or take a transfer. You’ll then find it is so crowded with children who are taking swimming lessons that you’ll have to wait for an hour before you can even get wet. You only need to go downstairs for the plunge with a blossoms by the park condo. Another way to think about this is: A typical gym membership costs $70 per month and you can access the facility (albeit with no trainers) just a few steps away. You can also invite guests to these places, making it a breeze to get healthy. Be sure to make use of these facilities when living in a condo since you’re responsible for their upkeep anyway.

3. Access to Services

There is a rising trend for condos to feature retail stores. Such shops can go from convenience stores for your late-night snacks to fully-fledged eateries. Many condos also provide fitness classes that range from yoga to kickboxing. Once again, this is about the convenience. It’s a matter of ease of use for those who lead in a hectic lifestyle. A 30-minute drive to a gym outside could be a huge difference. Individuals who want to get away from the hustle and bustle of Singapore can also take advantage of this benefit to have the peace of a peaceful space to unwind and enjoy a meal or walk with no distractions.

4. More Freedom

In addition to being able to swim or hit the gym any time you want to living in a condo also means being able to own more pets. For example, HDB owners can only have one dog that is approved by HDB per unit. Living in a condo allows you keep up to three pets, although its best to ensure that your management or landlord is agreeable. Another advantage is the ability to conform to fewer restrictions regarding renting your condo or any of its rooms. Private property owners are able to lease their spare rooms, or even entire units without seeking HDB approval. However, some rules like short-term rentals (of shorter than 6 months) as illegal are still in place. However, it’s much simpler to earn money from your condominium than HDBs which is a major benefit.

5. Prestige and Customisation

Want to stay in award-winning condominiums built by world-renowned architects? It’s only the exterior. The exterior is important if you want to make an impression on a prospective date, or client or investor. Do you want a loft, not just a 4-room apartment. Or a studio unit? For the interior condos, developers typically offer a wide variety of layouts for buyers to choose from. Another thing to consider is the possible network that you may build. You may meet potential clients or business partners based on which condo you live in.

6. Investment issues

Condos can be considered decent investment options. You can make a living by renting a condominium, regardless of whether you’re an amateur or professional in property investing. The cash you earn from an en-bloc will surely earn you more money than selling the unit. The best-placed condos tend to appreciate in value over time, or at least gradually. If you can find a property in a desirable area, you may be able to strike it rich. Your home will become a powerful and valuable asset.