Executive Condominium: An executive condo in Singapore is a hybrid of the public and private housing scheme. Executive condos are popular because they provide a luxurious and city-fringe living to those who can’t afford housing that provides facilities like pool, gym, clubhouse, Jacuzzi, fun park, management, 24-hour security etc. In today’s modern era executive condos are in great demand due to their all in one service.
Why Executive Condos Best Option?
1> Affordable Price: Ec’s are cheaper than any other housing in Singapore. For the first time, property buyer executive condos are the best option as govt. Provides loans on cheap interest rates on these condos. You can easily down pay for this.
2> Safe: These Ec’s are safe for everyone. Executive Condominium is a safe investment. One can travel frequently everywhere without any headache of any security problems. Condo allows you to lock the door and walk away without any tension.
3> Storage Space: While looking for any condo space is always an issue so condo provides you full storage space.
4> Gym and Fitness Center: Gym is another added bonus in a condominium. Residents need not go anywhere when they already have a gym in their backyard.
5> Pet-Friendly: Ec’s are pet-friendly. The area provided in ec’s are sufficient for those who love pets.
6>Eco-friendly and Energy-efficient Homes: My dream house should have clean and open air. Global warming is increasing and now everyone looks for a clean environment to inhale clean air. Energy efficiency and eco-friendly appliances are used in every condominium.
According to Housing & Development Board, Executive Condos were “introduced to cater to Singaporeans, especially young graduates and professionals who can afford more than an HDB flat but find private property to be out of their reach. ECs are comparable in design and facilities to private condominiums as they are developed and sold by the private developers.”
All these features prove that executive condos are the best option for Singaporeans to live in a dream house they have always dreamt about.
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