Buy The Best Condominium In Singapore

Owning a house is a dream for everyone. Whether the person is a daily wage worker or a salaried guy, he will have a dream to buy a house and live in it peacefully. Singapore is one of the world’s beautiful countries, where people love to live safely, securely and relaxingly. It is a dream place for many people, as the country is peaceful, environmentally safe and has a variety of job opportunities.

A lot of housing options are also available in Singapore. Unlike the HDB flats, a condominium in Singapore is very much flexible for the homeowners. Condos are the residential properties that are owned by the individual; yet the common areas like Hallways, laundry rooms, elevators and the heating systems are shared. Condominiums are fully secured residential places which give a family luxurious living. It has swimming pools, barbeque pits, gym and the high-class security facilities.

Present day condominiums are ideally designed for the users with the auto lock facility. There are prestigious condos available in the heart of the city. Ardmore Park, Cairnhill Circle, Draycott Park, Tanglin Road, Cuscaden Walk and Ladyhill Walk are some of the important places in Singapore, where the condos are available and they are moving with high demand. As per the necessity, a family could get a single bedroom or five bedroom condos at different rates. Some of the condos are available with the study room facility, which is provided by the top notch builders. The realtors in Singapore have divided the condos into four different categories, namely Singles Condo, Family Condo, Prestige Condo and Waterfront Condo.

The condos in the suburbs of Singapore are different from that of those in the outskirts. Experts are available to shower with suggestions to get the best condominium at best possible price. Reviews of each and every condo and the builders are also offered online. Vacation Condos are also available for rent for the frequent visitors. Most of the people, who are working in Singapore, prefer to have a single bedroom condo, which gives them sufficient space with all the basic amenities. As many Condos are available at the heart of the city, transportation is not a problem at all. Bus Stations and Railway junctions are just a few steps ahead of the condos and hence, people wouldn’t get tired of arguing with the private transportation services.

Before booking a condominium, the homebuyers are requested to check the genuine of the sellers and the quality of the building.

Insurance Claims for Florida Homeowners and Condominium Associations

There are thousands of homeowners associations (HOAs) and condominium associations all over Florida. The sizes and responsibilities of these groups can vary from community to community, but most of them maintain some sort of insurance policy to protect their assets.

Because of some of the extreme weather like hurricanes or flooding in certain parts of the state, insurance policies can be extremely important for HOAs and condo associations. These groups can pay significant premiums in order for the following forms of protection:

  • Property Damage – This type of policy would serve to protect utilities, property, and common areas that are shared by the HOA or condo association community. In the event of a fire, flood, hurricane, or sinkhole collapse, a property damage policy would pay for the cost of repairs that can easily be millions of dollars.
  • Criminal Damage – This policy could protect an HOA or condo association from graffiti, vandalism, or arson, but certain criminal policies can also serve to protect the association from fiduciary mismanagement by a board member or other officer. These policies are sometimes referred to as fidelity insurance.
  • Liability Claims – A person who is injured by a slip and fall accident, malfunctioning equipment, or violent crime on that HOA or condo association’s property may file a premises liability lawsuit. This type of insurance policy can help cover the cost of any settlements in such cases.

While insurance for an HOA or condo association may be costly, it is generally seen as being a worthwhile investment. However, many boards of such associations are shocked when insurance companies fail to provide adequate compensation after a claim is filed. Some of the common problems that HOAs and condo associations encounter when filing an insurance claim include:

  • Delayed payment – Florida Statute ยง 627.70131 specifically states that an “insurer shall pay or deny such claim or a portion of the claim” within 90 days after receiving notice of an “initial, reopened, or supplemental property insurance claim from a policyholder,” but does allow insurance companies some leeway if “the failure to pay is caused by factors beyond the control of the insurer.”
  • Denial of claim – There can be various reasons for a claim to be denied, including but not limited to a lack of evidence, certain accidents not being covered by certain policies, or policies being cancelled because premiums were not paid on time.
  • Inadequate settlement amount – The insurance company may undervalue a claim and offer an amount that is significantly less than the actual cost of the damage.
  • Negligent defense provided in liability claims – In certain general liability claims, an insurance company could leave a policyholder stuck with a settlement that exceeds policy limits.

Insurance companies investigate claims to limit their own payouts, finding reasons that claims fall into exclusions that are not covered under certain policies. An HOA or condominium association does not have to simply accept these types of outcomes. An experienced attorney can negotiate to seek a more favorable recovery or take the insurance company to court if it fails to provide a satisfactory amount.

Condominium Properties: Is It a Good or Bad Choice?

Recently, a lot of developers are flocking in Davao. Even before PRRD became president, Investors already knew the potential of Davao. It is a melting pot of diverse cultures and eco-tourism. Truly life is here where the goods are cheap; traffic is moderate compared to highly urbanized cities such as Metro Manila and Cebu, good weather all year round and low crime rates. Who doesn’t want to live here? Investors saw it as a potential to expand or even launch their projects. Davao also has the best schools making condominium living an ideal. The reason also is that most of the subdivision where house and lot are offered is located far from the metro making commuting inconvenient.

The key to condominium living is the accessibility and good location. Why would you exchange house and lot property to a condominium property if not for the location right? There has been a lot of choices recently, best location, extravagant furniture, hi-tech systems, best security, to wonderful views. So how would you choose if you’re likely to purchase one unit? It is important that you do a little research first of the developers that are flocking in and take a closer look at their projects from other places chances are they might be similar to what they are building in Davao and you have a better idea and perspective of what they are opening in here.

After you have done your developer research you can now try to select the ones that you like best on the design, size, amenities and location. It is important to prepare yourself before investing a large amount of money into a unit. After you’ve narrow down your selection you can visit their office and visit their model units. Most developers have this in their office then choose an agent, remember that in choosing your property specialist you have to follow your instinct. Pick the ones that really give you the relevant and honest answers to your questions than those property specialists that are only after a sale. Picking a property is a thorough process before you decide which one to choose. It’s like choosing the best dress to wear for meeting in-laws for the first time.

Check your finances before you purchase a unit. It is important to know if you can afford what you are buying. You can opt to lease out the property so it would be easy to pay every month. That would actually fall as a self-liquidating investment. So there, please take into consideration the key points stated here so there would be no regrets in the future.

A Review Of The Parvis Condominium In Holland Hill, Singapore

The Parvis condominium is located in the District 10 of the Holland Hill. With about 248 units and 12 storeys tall, you sure would be glad to wake in the morning looking at your window and seeing the best of the Holland Hill. The fact is, owning a condo is a whole lot easier than owning a house because you only have to decorate the interiors of your unit and then enjoy the common areas and amenities of the property.

If having shared walls won’t be a disadvantage to you, you will find yourself lucky as the exterior and common area repairs won’t be solely your responsibility. You can visit the Parvis Condo in 12 – 18 Holland Hill. The Developer is the Calne Pte Ltd. This freehold property is very safe and secure. You can just leave and go for a vacation or business trip anytime you want. The security features of the condo make it less desirable for strange people to thoughtfully mess them up.

The concept of a premium lifestyle has been exhibited by its interior and exterior designs, amenities, and utilities. Living comfortably on a tight budget is possible in the Parvis condo. To bring comfort in all that you do, you just need to live in a unit that already provides the kind of lifestyle you want. Also, the convenience stores and supermarkets are just a short walk away from the condo. This means never spending on gas in your life when there is a need to go to the grocery. The condo is located near:

  • Holland village
  • Commonwealth MRT station
  • Farrer road MRT station

Are you ready to view this place? The Parvis condo has an excellent layout in a fulfilling lifestyle. Remind your real estate agent to let you see the pool where you can sit and sip your drink and just relax for the evening. The facilities in Parvis Condo include:

  • Lap pool
  • Jacuzzi
  • Steam bath
  • Clubhouse
  • Gym
  • Multipurpose hall
  • BBQ pits playground
  • Fitness station
  • Tennis court

Just in case you want to know the area and the number of bedrooms, you can buy to as many as 4 bedrooms with a spacious 2,600 sq ft. The building comes with a 273 lots underground park.

• 2-Bedroom (51 units): 990 – 1,440 sq ft

• 3-Bedroom (100 units): 1,700 – 2,260 sq ft

• 4-Bedroom (76 units): 1990 – 2,600 sq ft

• Penthouse (21 units): 2,300 – 3,230 sq ft

What is so cool about this condo? The 4 bedroom unit comes with a private lift that opens into the foyer. The common lift is accessible through the kitchen back door.

Why buy a condo instead of a house and lot?

There is only one thing that comes into my mind – the amenities. The facilities and the amenities offered by condominiums are outstanding and you can only get this or maybe near to it if you are rich and earning a few thousand dollars in a month. You don’t have to worry about club memberships anymore as you would automatically become a member if you are an owner of a condo unit.

What Is a High Rise Condominium?

What is a high rise condominium and is it a good choice for you? There are tremendous benefits of owning one of these such as luxurious amenities and someone else taking care of all of the maintenance duties. There are also some important drawbacks to living in a high rise condo. In this article we will take a look at the ups and downs of this type of home.

The first point about living in a high rise condo could be taken as either a positive or a negative depending on your personal habits. Are you a packrat? If you are, keep in mind that space is a desirable commodity in a high rise condo. You typically pay for square footage in this type of home. So you must ask yourself if you want to pay for storing junk. If you do not, you can take this as an opportunity to part with some of your junk. If you cannot bring yourself to do this, perhaps a high rise condo is not the correct type of home for you.

If you love your pets; as most of us do, beware that there may be strict rules governing a high rise condo pertaining to pets, especially dogs. There may well be restrictions on the size and type of dog you can have. Even in those buildings that do allow dogs you must be certain there are enough green areas to walk him. Do you really want to truck three or four blocks away to the nearest dog park on a bad weather day? There also may be restrictions on more exotic types of pets, even if they are small. If you do not want to be forced to part ways with your furry (or scaly) babies, a high rise condo probably is not right for you.

Do you live a relatively noisy lifestyle? Do you like to listen to music late at night or perhaps have young and active children? If yes, then a high rise condo is definitely NOT the place for you to live. The majority of them have strict rules about noise control. What may seem like harmless sound to you could be considered a racket by your neighbors. You may find yourself contacted by an HOA officer or even visited by a police officer if you violate the building’s noise restrictions.

Do you plan on leasing out your high rise condo unit? If so, be very careful here. Some buildings absolutely forbid this altogether. Others have umpteen restrictions on who you can lease to and how your terms must be structured. Some buildings will even require your prospective tenants go before the resident condo board for a stringent evaluation.

We are not saying that living in a high rise condo is a bad thing. We are just saying that the rules for such housing can be very strict. BEFORE you buy a unit there, do yourself a favor and completely read the building’s rules. You may save yourself a lot of headaches.