The Best Condo in Singapore: Introducing the Newest Development to Hit the Market
Why You Should Invest In A Piccadilly Grand Condo Unit Rather Than An Apartment?
Condos may be more costly than apartments, but the advantages far outweigh the disadvantages. Condos are a great investment because they often appreciate value over time. You can also get tax breaks by purchasing a condo unit, as well as make the most of renters'losses income that may help offset mortgage payments.
And of course the fact that you should have more living space, could have an outside area for entertaining and outdoor activities, and like a greater sense of privacy and security.
Why Condos Provide Greater Benefits?
Condos certainly are a great investment simply because they often appreciate value over time. You may also get tax breaks by investing in a condo unit, in addition to take advantage of renters'losses income that may help offset mortgage payments. As well as the fact you will have more living space, will have an outdoor area for entertaining and outdoor activities, and enjoy a greater sense of privacy and security.
Condos provide several benefits that apartments do not. The foremost is the quantity of square footage you've available. Condos are typically bigger than apartments and condos can range between 500-to 4,000 square feet with many choices in between. Second, as mentioned above, condos offer you an outside area for entertaining or other pursuits such as for instance barbecuing or gardening (or both).
If you get a Piccadilly Grand condo, for instance, you could even have the ability to rent out your balcony during the summertime months if it's great views!
Finally, condos offer increased security in comparison to apartments; they generally have professional security on duty 24 hours per day. Apartments typically just have security guards on duty after hours and on weekends--which means when you're home alone in your apartment late through the night make use of some extra protection.
Advantages OfMoving Into An Apartment
There are numerous advantages to buying a condo unit that doesn't connect with rent an apartment. First of all, condos tend to appreciate over time. If you buy a $300,000 condo today and sell it 10 years from now for $400,000, you'll have made a gain of $100,000 on your own initial investment. This really is something that doesn't happen with apartments (unless the real estate market has a nosedive).
You may also get tax breaks by investing in a condo unit which may help offset mortgage payments. Finally, condos provide more living space - sometimes around three times just as much - to help you enjoy outdoor activities like grilling or gardening without worrying about the maintenance costs or additional living expenses.
In addition, you won't have to worry about having your privacy invaded by other residents with shared walls and thin floors. It provides you with greater security than an apartment complex does.