Many Penrose condo properties have swimming pools
Penrose Condominiums and townhouse offer an affordable option to single-family homes in most areas. But consider these facts before you buy.
When you buy a condo, you do not own the land beneath the building, you simply share an interest in it. Instead, you own the space between the walls of your unit, and share ownership of the common areas with other owners.
Storage. Some condos have storage lockers, but usually there are no attics or basements to hold extra belongs.
Outdoor space. Yards and outdoor areas are usually smaller in condos, so if you like to garden or entertain outdoors, this may not be a good fit. However, if you hate yard work, this may be perfect option for you.
Amenities. Many condo properties have swimming pools, fitness centers, and other facilities that would be very expensive in a single-family home.
Maintenance. Many condos have onsite maintenance personnel to care for common areas, do repairs in your unit, and let in workers when you're not home.
Resale: Condominiums are more sensitive to trends in the real estate market than single-family homes. If the market takes a downturn, condos are usually the first to suffer and the last to recover
Article source is by http://singnewhomes.com/penrose-condo-sims-drive/
When you buy a condo, you do not own the land beneath the building, you simply share an interest in it. Instead, you own the space between the walls of your unit, and share ownership of the common areas with other owners.
Storage. Some condos have storage lockers, but usually there are no attics or basements to hold extra belongs.
Outdoor space. Yards and outdoor areas are usually smaller in condos, so if you like to garden or entertain outdoors, this may not be a good fit. However, if you hate yard work, this may be perfect option for you.
Amenities. Many condo properties have swimming pools, fitness centers, and other facilities that would be very expensive in a single-family home.
Maintenance. Many condos have onsite maintenance personnel to care for common areas, do repairs in your unit, and let in workers when you're not home.
- You can go for a walk from Penrose condo showflat to Aljunied MRT, one station away from the Paya Lebar MRT Interchange.
- The Penrose condominium is helpfully to encompassing through Nicoll Highway, Pan Island Expressway (PIE) and Kallang-Paya Lebar Expressway (KPE).
- About14 minutes drive from CBD and 18 minutes drive from Changi International Airport to Penrose showflat.
- Kallang Wave Mall, NEX, Singapore Expo, Suntec City, and Paya Lebar Square are only a short good ways from your home.
Resale: Condominiums are more sensitive to trends in the real estate market than single-family homes. If the market takes a downturn, condos are usually the first to suffer and the last to recover
Article source is by http://singnewhomes.com/penrose-condo-sims-drive/