VVIP Preview Riverfront Residences Price
Why Do So Many People Buy Riverfront Residences Condominiums?
By http://singnewhomes.com/riverfront-residences-showflat-location-hougang
Riverfront Residences, a upcoming residential area at Hougang Avenue 7, located in the northeastern part of Singapore was successfully acquired by Oxley-Lian Beng Venture Pte Ltd for S$575 million. The old Rio Casa is a 286 unit development that not only features seven residential towers but also enjoys 200m of the Singapore riverfront.A consortium led by Oxley, Lian Beng and KSH has won the tender for the collective purchase of the property known as Rio Casa for $575 million. Why would people rather buy condominiums instead of purchasing a house? There are many people who prefer condominiums over houses. There are great reasons for purchasing condominiums. Once understanding what condominiums have to proposal, you'll see why many individuals choose this route when obtaining real estate.
Firstly, condominiums are naturally sold at a lower cost than a house in a similar field. Financially it may make sense for people to pay for condominiums, particularly when they wish to live in a region where the cost of realty is high. They will be in a position to enjoy their environment at a fraction of the cost of a house.
Not only do condominiums usually sell at a lower price than houses, they have many extra advantages included in the price. Condominiums excrete the cost of landscaping and maintaining a garden. They provide parking for the owners, eliminating the worry of parking in the winter or the upkeep of a driveway.