Condominiums in Singapore
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Condominiums (Condos) are a type of private property with leaseholds of 99 years, 999 years or freeholds. Few condos were built until early 1990 and were designed for high income people, with apartment sizes approximately double that of the existing HDB properties.
However, the condominiums that we know of today are much smaller apartment units than before, as can be seen in the list of condo floor plans that are readily available for new launch condo projects or resale condos apartments, but the key difference that makes condos so attractive is the exclusive facilities that come with buying a condominium. Condo residents enjoy the convenience of having private facilities that security guards, swimming pools, tennis courts, private gyms and basketball courts.
Popular condominiums are spread across Singapore, with the more expensive projects being located in the Central region due to its proximity to the Central Business District (CBD) and the convenience that comes with it. Home-buyers can choose between resale condos which usually offer a cheaper option as well as a potentially favourable location or new launch condo developments that offer exciting new options. Weigh up the different condo Singapore prices within each region in our 99.co Condo Directory to find the best deals for you!
Featured Condominiums in Singapore
Latest Condo newsSee all
The Covid-19 pandemic happens to be the perfect reason to splurge on some personal space: a studio or one-bedroom condominium unit. Throughout 2020, not only has rental volume for one-bedroom apartments remained robust in suburban Outside Central Region (OCR) neighbourhoods, sales of completed one-bedder condo units have also largely kept pace with previous year’s figures...
Nov 11, 2020 · by Kyle Leung
#Property News#Rental News#Rent#condo#resale condo#singles
In October, the conclusion of the 2H 2020 Government Land Sales (GLS) exercise for a ‘residential with commercial at 1st storey’ condo site at Tanah Merah Kechil Link drew 15 bids from developers. To put things in context, the last time a GLS land parcel attracted the same amount of interest was in the second...
Nov 05, 2020 · by Kyle Leung
#Property News#GLS#Mixed-use Development#changi airport#changi business park#condo#condos near MRT#tanah merah
Buying a condo in the CCR usually requires an income that would make the police suspicious. Guoco Midtown is the exception, and one of the only new condos in Bugis that you can get for under $1.4 million. Is there a catch? Let’s see: What is Guoco Midtown? Guoco Midtown is a mixed-use development by...
Oct 02, 2019 · by Ryan Ong
Condo guidesSee all
So you’ve decided to make the move to this fast-paced city, but have no clue where to settle your young brood. Condominiums, with their suite of facilities from pools and gyms to barbeque pits, are some of the most luxurious homes in Singapore. (Cover image credits) Now, condos are everywhere and it’ll be tough to...
Jul 04, 2017 · by Elizabeth Tan
The typical Singaporean will buy the biggest possible condo they can afford. It’d go something like: “Find out how much is enough to literally bankrupt me, and then just shrink that amount by a bit.” But in this age of higher downpayments, economic uncertainty, and climbing interest rates, that’s a bad idea. To make your purchase...
Nov 28, 2018 · by Ryan Ong
Is it better for children to be raised in a condominium or HDB flat? Here’s what you need to consider: What are the main factors that impact your child? Let’s take a look at how these two properties affect a child, in terms of: Safety Amenities Exposure to Singaporean culture Social access Ability to raise...
Apr 07, 2019 · by Maelyn Lagman
If you’re an expat renting in Singapore, you might have noticed the big divide between public and private housing. Over 80 per cent of Singaporeans live in HDB flats, so if you think living in a condo sets expats further apart from experiencing life as a local, you’re completely right. Still, the trade-offs for expats...
Dec 21, 2015 · by 99.co
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Frequently Asked Questions
What is a Condo/Condominium?
Who can buy a new condominium?
Singaporean Citizens vs Singapore PR: Are there different Qualification Requirements?
Only non-permanent residents or foreigners are required to fulfil specific requirements.
Here are the qualifications that Singapore residents must meet:
- Complete the Minimum Occupation Period since the date you acquired ownership, usually five years for DBSS, HBD flats, and ECs.
- Inform the HDB of your local private residential property before exercising OTP.
- Sell your flat in less than 6 months after purchasing the private property.
Condo TOP: What does it mean?
TLDR: TOP allows you flexibility in occupying a building before it is fully complete (if the building is deemed safe)
Are all condos the same? Are there different classifications or categories?
1. Mass-market condos – they are relatively expensive and found in the suburbs.
2. Mid-market condos – contain many facilities than mass market units and commonly located in prime fringe locations.
3. High-end Condos – often come with deluxe amenities and located in prime districts.
They are classified in terms of their location, price and facilities offered.
What is the Option to Purchase (OTP)?
Offer to Purchase and OTP: What's the difference?
The Offer to Purchase is a method used by sure buyers to secure the condo by bypassing the OTP stage. It usually demands a 5-10% deposit that safeguards the property.
Where can I get financing to purchase my condo unit?
Use 99.co’s Neighbourhood directory to find out about the different neighbourhoods in Singapore with information about the amenities in the area. If you’re looking for your ideal home, one way to start is by finding out the best areas in Singapore to live in.
New Launch projects
In our New Launch section, you can find the latest New Launch projects and properties available in Singapore. Search through our New Launch Condos for Sale, along with the hottest property news on upcoming projects and all you need to know about New Launch properties in Singapore.
Use our MRT directory to discover the different MRT stations in Singapore. Found the latest property listings closest to your preferred MRT stations and more information about the amenities around that area.
Discover the best way to find Singapore Property on 99.co where you can begin your search for your ideal condominium apartment. Browse through our Condo directory and find thousands of Condos for Sale and Condos for Rent with each listing filled with detailed information, maps and photos. Dive into our extensive library of Condo guides and news to find all information you need when purchasing a Condo Apartment or factors to focus on when choosing between different Condo units. Find your dream home on Singapore’s most intelligent property portal, 99.co.See more