Factors needed to consider for buying an Executive Condominium

Considering obtaining an exec condo, however not sure of the procedure? Feel confident, you’re not the just one.

Prior to you dig in, simply a fast note: this write-up takes care of acquiring an exec condo from a programmer. If you’re purchasing from a proprietor outdoors market, the procedure corresponds getting an exclusive condo (though limitations use if you’re acquiring as an non Singaporean, this included Permanent Residents).

An exec condo is typically called a sort of crossbreed real estate– consider it as the government-sanctioned spawn of a HDB level and also a personal condo that’s’s acquired the streamlined functions of a condo (such as common centers like a pool as well as health club), however with the possession limitations of its 2nd moms and dad, the HDB.
To certify, all candidates have to go to the very least 21 years of ages (35 years if you’re using under the Joint Songs System). Among you should likewise be a Singapore Resident, with at the very least another candidate being either a Singapore Resident or Permanent Citizen.

Lighten and also allow us do the hefty (intellectual) training for you with our detailed overview of buying your personal exec condo.

Furthermore, your consolidated gross regular monthly family revenue could not go beyond $14,000, plus, you’ll be needed to drop under among the complying with HDB qualification plans:

Public Scheme Plan
Fiancé/ Wife or Husband to be
Orphans Scheme
Joint Single Scheme

For detail of the scheme available, do visit www.parclife.net for a full write up.

Parc Life showflat


Consider Parc Life EC As A Great Investment

Owning valuable properties is important for every real estate investor, in the other hand office and home buyers might be interested in buying their offices or apartments in a safe well connected area of the city, they might be also looking for a comfortable well built and modern looking property. Even luxury is something that every smart real estate buyer looks for when choosing their options.
Why buying a Condo is a smart choice? Fact, when you own a property in a condominium you gain value faster than when you own an independently located property, why?. Let’s clarify this idea. This is because newly interested investors and condo buyers help each other to make a name for the place and the area, also they benefit directly from the rapid surge of interest gained by other people and surrounding land owners, and more investors move to the zone. Visit https://www.parclife.net for more details.
It is a well known fact that, Condominiums quickly become areas of interest and the center of new real estate developments. It is not uncommon to see new condominium areas quickly turning into new commercial and residential areas of the city. All this activities will rapidly increase the value of surrounding constructions, which turns into pure gain and profits to the condo owners. Experience has shown that not every real estate development is similar to other, in this cases buyers should trust the constructor and real estate company when it comes to own or investing on new real estate project. Here is a very interesting option that we can recommend.
One project that has recently gathered a lot of attention from the public is Parc Life EC located thru Dairy Farm road, Bukit Timah enclave area. This project shows the best of Singapore progress and scenery in one single development. The Parc Life EC in particular combines the peaceful and beautiful environment of the nearby forest and green areas with exceptionally well designed construction not leaving behind any detail when it comes to luxury, security and comfort. The complex offers beautifully designed apartments from 1 to 4 bedrooms. Amazing well built and luxury Penthouses with amazing views are also available.