Important Tips Investing On An Executive Condominium

Important Tips Investing On An Executive Condominium

November 16, 2017|Posted in: Business Services

The use of executive condos has been increasing throughout the past years because it makes the lives of people much easier and when compared to the other choices that you have on living a luxurious life in the heart of the city, this is known to be the best choice that you can make. Therefore, make sure that you look into all the aspects of the condo that you are to purchase. Before you take a move, it is always best that you do your research on what needs to be said and done so that you can avoid the trouble that you have to go through and make things a lot easier. if you have always wanted to live in an executive condo, here are some of the things that you need to know before you invest on one:

The Eligibility

If you are to invest in an executive condo, there are certain rules and regulations that you have to stick to. First of all, you need to be over 35 years of age, be a citizen of Singapore, your monthly income has to be not more than $14000 and had not owned any property in the past 30 months. If you meet this criterion, yes, an executive condo is what’s best for you. If you have ticked out all the necessities and if you are eligible, it is important that you check for Northwave ec balance units so that you can start living your life in luxury, the way you always wanted.

The luxuries

When you start living your life in an executive condo after investing on a Northwave ec floor plan, you will start the luxurious place of your life. There are many luxuries that you can gain from living an executive condo. All your wants and needs will be met. There will be amenities such as a swimming pool, a gym, parks, a BBQ area, a sports complex and whatever that you are in need of, you will come to find it without hassle.

That is not all, when compared to a private condo, executive condos come to you for a lesser price and will even offer you more floor area.

When selling

It is best that you invest on an executive condo if you have long-term plans of living there because it sells an executive condo, you have to complete a minimum occupancy period of 5 years. Therefore, before you make a solid investment, make sure that you look into all the necessities of it.