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Real Estate is one of the best investments anyone can make today. Shelter is one of the basic necessities in life and whether you want housing for yourself or for income Cheap Joel Embiid Jersey , you’ll need to know the basics before taking the plunge.


The Singapore market can be lucrative for investors but has its own peculiarities; different from other countries. There are rules pertaining to ownership of Singapore real estate & there are two basic types of housing: Public and Private Housing


Public Housing


The most common form of housing in Singapore is public housing government-owned properties called HDBs (Housing and Development Board). Over 80% of Singaporeans live in a HDB and rightly so as the government provides subsidies for the purchase and financing of HDBs. It makes sense financially for many Singaporeans who live in one of the most expensive cities in the world and thus, about 90% of people who live in HDBs own their homes.


These units are typically located in clusters and have surrounding amenities like supermarkets, parks, hospitals or clinics, schools Cheap Tobias Harris Jersey , transportation, etc. They are available from studio (under 500 square meters) up to executive flats (up to approximately 1500 square feet). Each “room” is counted thus meaning a kitchen, living room would be one room. Basically a 3-rooms flat will comprise of 2 bedrooms though 5-rooms flat may come with either 3 or 4 bedrooms. Of course, to qualify for such housing one needs to be a citizen of Singapore or a Permanent Resident.


Private Housing
Private housing are those types of structures owned by companies and developers not necessarily associated with the government. These types of housing can be non-landed or landed.


Non-landed – These can be condominiums or apartments and the difference really comes down to size and amenities. If a building is on a lot that’s larger than 4,000 square meters Al Horford Jersey , it can be considered a condominium. Condominiums tend to be more luxurious and spacious, gymnasiums, pools, 24 hour security, rooftop spaces Ben Simmons Jersey , etc.


Apartments occupy a smaller space than condominiums and they have less facilities – They possibly don’t have the luxurious feel that condominiums.


Landed – Landed properties are homes can be a terrace house, semi-detached or detached. Terraces (except corn terraces) have 2 common adjoining walls with the neighbours. As for Semi-Detached, only one common wall is attached with another property. Finally for Detached Houses or Bungalows (other than link bungalow), they usually stand alone on the piece of land. The 39 areas designated for Good Class Bungalows are mostly 1,400 square meters & above. They are located in good areas like Nassim Josh Richardson Jersey , Dalvey, Chatsworth, Cluny Road & Ridley Park, just to name a few.


Now that you know the basic types of real estate in Singapore, you can use this as a starting point in your search for real estate opportunities.


AC MacGyver is a real estate agency in Singapore Allen Iverson Jersey , specializing in landed properties. Real estate investments & real estate opportunities in Singapore.

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