Are you searching for a condo in Geylang?
The condo is short for the word condominium, it is a type of residential building consisting of individual units such as apartments or townhouses in which each unit is owned by different individuals along with some common area for all. This differs from traditional property ownership in which the whole property belongs to an individual. But in a condo, each unit is owned by different people and nobody individually owned the building, and in most cases, the land on which the building is constructed is owned by any other person who has given it for a lease of some years to the building. Once the lease period gets over the building can be demolished.
The concept of condos is very much popular in big cities, which have a huge population residing there in a limited area. In such places, a condo is a good option to choose from, as it provides housing for many people on a single piece of land. Also, the price of a condo is much less than buying a house or a piece of land and you can easily find a condo in the center location of the city while residential houses are generally located on the outskirts of the city.
Where to find a condo?
If you are searching for a condo in Geylang, which is located in the eastern region of Singapore then there are many options available for you. Numerous new buildings are being constructed here along with many already constructed buildings, where you can easily find a condo according to your requirements and budget in different locations of the city.
You can sort these condos according to your needs such as area, location, price, etc. You can search for Geylang new condo Singapore with the help of real estate agents, online listing websites, or by checking out advertisements.
Some of the buildings in Geylang where good condos are available are here, Gems Ville, Zyanya Condo, Mori, Mattar Residence situated at Mattar Road, Lavender Residence, Penrose Condo situated at Sims Drive, Noma Condo situated at Guillemard, Arena Residences situated at Guillemard Lane, etc. Construction of some of these buildings has been completed while some are under construction.
Conclusion
Buying a condo is a large investment which is very important for you and your family so always do proper research about the building, the profile of its builder, your neighbor, and all other necessary details before investing money in it. Also, check the lease period or tenure of the building to know its period of ownership and then determine whether the price is relevant to that tenure. You can make an informed choice and feel secure about your condo purchase by following these steps.