Singapore is a thriving location with more demand for property. The classified of the Singapore locality offers a comprehensive and a panoramic view of the properties which are available for either rent or for buying. The Singapore property is divided into two factums; the residential factum offering shelter to the people and the Commercial and Industrial properties for promoting the commercial goals. The Singapore residential is divided into private apartments, housing, condominium houses, HDB flats and HUDC apartments. Similarly the commercial and Industrial properties are classified based on their district and the space available for renting or selling. There are various factors associated with the cost of these properties.
The Commercial or the Industrial properties are those which are likely to be sold or rented according to the owners needs. The main thriving location for commercial buildings in Singapore is the Raffles Place in downtown. The costs of these properties depend on whether they are shop houses or warehouses or enterprises. The cost also depends on the proximity to the bus stand or the express highway. There are around three hundred and ninety six properties for sale and around three thousand properties available for rent.
The landed properties which are available are generally expensive and offer much luxury and comfort to the buyers. These are generally divided into bungalow, semi – detach house, intermediate and corner terrace, cluster houses and black and white houses. The cost increases with proximity to the city. There are over five hundred and ten land properties available for sale and around six hundred and thirty two land properties available for rent. The price also depends on the furnishing, gardens, architecture and the area available. The cost generally ranges from $ 1000000 to $4000000 for sale.
The HDB apartments comprise of the following: 1-5 rooms’ flats, executive apartment, and executive maisonette, multi-generation and jumbo flat. The HDB apartments are for public housing. They are comparatively cheaper because of the demand and the furnishing. The cost depends on the nearness to city and helps in cutting down the transportation costs. There are around five hundred and thirty six buildings for sale and around two hundred and ninety buildings for renting. They are most sought after because of their utility.
Private apartments are cheaper than a landed property but costlier than other housings. There are around three thousand and nine hundred twenty such buildings which are available for sale. The cost of this is based on the type of furnishing, location, area under property and the type of building. There are many types of private apartments. They are condominium, walk-up apartment, low rise apartment and high rise apartment, town house, duplex, shop house, executive condominium, HUDC flats etc. The presence of schools, offices, universities tend to increase the cost of these apartments.
