A condo is a personal residential area which is owned by a family or a group of individuals. Condos are usually similar to apartments but the different lies in the cost and area. Condo is a best idea if you are living as a small family. Also a condo gives you a lot of facilities such as parking and other amenities. You do not have to take responsibility of other expenses and maintenance.
You can buy a condo for personal use. It improves investment from good to bad and riviere condo at jiak kim is known as a best club of Singapore where you can establish nightlife.
is it better to buy or rent a condo?
It is worth saving either you are buying a condo or renting in a condo because it is a better starter home. If you do not require a big place to live in then you can choose a condo. As the reason it is best for small families or a group of 3-4 people. Leaving in a condo is also cheaper than living in houses or apartments. It is cheap and cost saving if you are buying a condo or renting a condo.
Does condo appreciate values and returns?
It is a false statement that condo doesn’t appreciate returns and values because they do appreciated by single families. Condo gives a better lifestyle if you choose condo in a right location. According to a study the condo’s value is linked with the associate fee. Also it is a good starting plan for investment if you own a condo. Condo makes good rental properties in the developed and porch areas.
By living in a condo you can maintain your other budgets. So choose wisely so that you can make a right decision for you and for your family.