Freehold Condo in Singapore: Buying Your First Home in Singapore
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| Buying your first home in Singapore will probably be one of the most, if not the most, important decision that we will make. |
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| As a smart home buyer, there are several key elements that we need to look out for in a condo for sale in Singapore if we want to ensure we’re making a purchase that will satisfy both our immediate goals as well as ones down the road that most of us may not realise now. |
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| Whether it’s making your dream home a reality or a strategic investment, in this blog, we will be taking a look at some of the main considerations when buying your first home in Singapore and what makes the best value condo in Singapore. |
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Freehold Condo in Singapore
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| You’ve probably overheard a relative or friend stress the importance of purchasing a freehold condo in Singapore at one point or another. But why? |
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Freehold Condo in Singapore vs Leasehold Condo Properties
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| The state of freehold and leasehold are one of the most significant defining legal conditions that any home buyer in Singapore must know and understand. |
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| In a nutshell, a freehold condo in Singapore refers to a condominium where ownership is full and near indefinite (999 years). On the other hand, leasehold condos come with a legal time limit. In Singapore, the time limit for leaseholds is 99 years before the property must be legally repossessed by the government - and with land scarcity always looming on the horizon, it’s natural there are not many freehold condos for sale in Singapore. Some of the freehold condo for sale in Singapore includes Pullman Residence, Gazania, RoyalGreen, Urban Treasures, etc. |
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| Because a freehold condo in Singapore usually fetches higher demand among the condos and flats for sale in Singapore, they usually carry a much higher market value, which makes condos for sale in Singapore smart investments that are worth putting in the extra effort for. |
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| Freehold condo for sale in Singapore like Leedon Green are also among the best value condo in Singapore as it is located close to the city centre where Orchard Road and the Central Business District are just minutes' drive away. |
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| For the expats, a leasehold condo for sale in Singapore with an excellent location like the Canninghills Piers, which is located in the River Valley, is also much favoured because of the quick access to amenities and closeness to the Central Business District. |
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Flats and Freehold Condos Near MRTs
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| When looking for a freehold condo for sale in Singapore, convenience is a big consideration when purchasing a property. From cutting down unnecessary travelling time, living expenditure, and simply experiencing an overall better quality of life, living in a freehold condo near MRTs offers a lot to homeowners. |
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The Upsides Outweigh the Downsides of living in a New Condo near an MRT
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| Although there are some downsides such as noise pollution and the slightly higher crime risk as more foot traffic exposes the property to strangers, a freehold condo near an MRT or new condo near an MRT is often regarded as the best value condo in Singapore as their high demand and relevance translate into the excellent potential for future appreciation. |
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| This strong appreciation value also makes them among the top options for hedging against inflation. That said, it’s no surprise that new condo launches near MRTs and flats for sale in Singapore located near MRTS are in high demand both as a first home and as an investment option. |
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| Some of the new condo launches near MRTs include: |
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- Pullman Residence - new condo near MRT (Newton)
- Gazania - new condo near MRT (Bartley)
- Urban Treasures - new condo near MRT (Ubi)
- North Gaia - new condo near MRT (Yishun)
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Apartments Near GEP Schools in Singapore
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| For families with a child who makes the grade, choosing an apartment near a GEP school Singapore of choice will help give their child every advantage possible. |
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| Choosing an apartment near GEP schools in Singapore will mean less travel time and more rest so they can better focus on their studies and live a more meaningful childhood. More so if they are given the opportunity to live in a clean, beautiful, and well-equipped freehold condo in Singapore, which will give the child the chance to spend their free play time having fun with sports activities, stay healthy, and improve their emotional well-being. |
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| And when it comes to giving the best for one’s children, no price is too high. So whether you’re looking for the best value condo in Singapore when buying your first home, this consideration often takes high priority. |
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| Some of the apartments near GEP schools in Singapore that are now available for sale includes: |
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- Pullman Residence - apartments near GEP schools in Singapore, namely Anglo-Chinese primary school & Raffles Girls' Secondary School
- RoyalGreen - apartments near GEP schools in Singapore, namely Nanyang Girls’ High School, Henry Park Primary School & Nanyang Primary School
- Leedon Green - apartments near GEP schools in Singapore, namely Nanyang Primary School & Hwa Chong Institution
- Urban Treasures - apartments near GEP schools in Singapore, namely Nanyang Primary School, Tao Nan School, Rosyth School, Henry Park Primary School &Saint Hilda's Primary School
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Condominium for Sale in Singapore: How to Start Looking
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| Whether you’re looking for a new condo near an MRT, a dream condominium for sale in Singapore, or apartments near GEP schools in Singapore, using a reliable online property service or engaging a professional property agent directly can help you take that essential step closer to discovering your dream home. |
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| Today, getting the right help to start your search for the best value condo in Singapore is easier than ever before, and dedicated property platform such as Temasek Homes lets users discover the best value condo Singapore through highly detailed searches that narrow finds by size, budget, location, and tenure (i.e. freehold vs leasehold). As such, the search for a condo for sale in Singapore has never been easier, especially if you are buying your first home in Singapore so good luck and happy home searching! |
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