Apartments & Condos for Sale in Singapore

The first condominium in Singapore was built as a private housing option for property seekers in the early 1970s. Since then, condos are an increasingly popular option for property seekers due to a variety of reasons. Condos not only offer more exclusive facilities for residents but also a gated community, as condos in Singapore are comparatively safer than HDB estates due to security guards and restricted access to condominiums. Condos are also more quiet and peaceful compared to HDB estates which are designed for a tight community living. Furthermore, buying private properties or condominiums in Singapore is one of the best ways to make an investment, in spite of the relatively higher prices of condominiums as compared to HDBs. While a large number of condominiums come as a leasehold property, you can also find freehold condo for sale options in the market. If property investment is what motivates your property search then these freehold condos will certainly interest you. Condominiums are highly sought after both by local residents and foreigners for the facilities that they offer. Such luxurious amenities like swimming pools, gyms, and clubhouses are the main reason why condos for sale have higher prices compared to HDB flats—for instance, a 2 bedroom condo for sale might cost you more than a 5-room HDB flat does. It is nothing unusual since Singapore is home to lots of award-winning condos such as Marina One, The Interlace, Orchard Scotts Residence, Gramercy Park, Goodwood Grand, and many others. These acclaimed condo developments do validate the large condominium prices in Singapore and to some may even make Singapore condo prices quite reasonable when considering the highly impressive features and facilities they offer. Furthermore, another question to arise for both home hunters and investors is: should I buy a newly launched condo or a resale condo? Either way, your decision has a significant impact on the outcome, regardless if it is for investment or for your own stay. For instance, some home hunters might prefer resale condos because older developments tend to have more spacious units for families to live in. As for investors, most of them prefer resale condos because they can rent out the place immediately. It is also said that investing in resale condos are less risky for new landlords, while new launches are better suited for seasoned investors to assess.