Jui Residences showflat building , this side facing Kallang River . 2 and 3 bedroom units facing .
7 Reasons for Buying a Condominium
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Jui Residences , a Freehold condominium situated at prime city fringe, 1177 Serangoon Road. Known to the 1950s and 1990s generation as Kickapoo Building, or Sinalco Building, the site is a unique opportunity to bring out the heritage and significance of conservation and national heritage. Located right next to Kallang River, this 18-storey tower building presents 117 contemporarily crafted units with natural lighting and ventilation throughout each home. Residences can enjoy majestic views of Kallang river .Jui Residences freehold condo is located at a strategic location, a short distance to PotongPasir MRT and Boon Keng MRT station. The strong interest stemmed from Jui Residences being a “freehold development at leasehold prices” at around SGD $1,700 per square foot, making this development excellent value for money. Jui Residences showflat building , this side facing Kallang River . 2 and 3 bedroom units facing .
I've been invited to speak to a Heritage Group, comprised of retiree's who are interested in learning more about the condominium life style. In preparation for this presentation, I've examined some of the main reasons what makes a condominium so popular, and some of the advantages that come with this life-style. By the way, condos come in different types.
So here we go: 7 Reasons for Buying a Condominium
1) A cost-effective alternative to houses.
I've just listed and sold a 700 sq ft bi-level home which received 11 offers and sold for well over $200,000. No garage, no appliances included, nothing fancy...a good solid house with a few upgrades. By comparison, there is an 1100 ft condominium, with central air and central furnace, insuite laundry and all appliances that will sell for approx. $165,000. For First Time Buyers, who are sick of the bidding wars, this is an excellent alternative.
2) Lifestyle
Do you like to travel? Or perhaps you're both working full time and looking after the house and yard is a chore you simply don't have time for? A Condominium offer a simple 'lock-up-and-go' lifestyle. In many cases, your neighbours won't even know you're gone,....unless you tell them.
3) No Yardwork
Getting tired of shoveling all winter, and mowing all summer? Is house and yard maintenance weighing you down, or simply getting away from you? In a Condominium, you don't have to lift a finger. Walks are shoveled, grass is cut, garbage is picked up and halls and common grounds are cleaned and maintained. Just enjoy...
4) Security of a Condominium
A Condominium (especially Highrise Units) offers secure entrances, with security cameras and often even patrolling security companies. As a former police officer I can tell you that break-ins to high-rise condos are rare. While they DO occur, when compared to break-ins to h