Important Things To Know Before Investing In An Executive Condo

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When it comes to living Singapore, to help with the lifestyle that you are living and everything about it, the best residential plan that you can invest in it is an executive condo. It has been showed by Urban Redevelopment Authority that there has been a 16% increase in the units that were sold in 2016 and 2017. The demand for ECs has increased immensely simply because of the benefits that it brings in. If you are interested in living an EC in the heart of Singapore, here are some of the things that you have to consider.

The Eligibility

The first thing that you have to check is if you are eligible to live in an EC. These eligibility limits are set by the government of the Singapore to bring in the best for those who are in need. You have to be at least 21 years or 35 years if you are applying for joint singles schemes, you have to be a citizen of Singapore, not have an income more than $14000, have a proper family nucleus and have no other operate locally or overseas. If you meet up with the criteria, all that you have to do is to invest in a unit that is best for you at parc life ec Sembawang.

The prices

When it comes to ECs, they are cheaper than Private condos and this can be a major advantage. That is not all, even though it comes at a lower price, it will bring in the same facilities as a private condo and most importantly offer you more floor space. If you are willing to take a look that what you are to invest in, you can simply check out the units that are available Sembawang ec parc life.

Financial help

If you are in need of financial help, you can use bank loans but nothing else because ECs are known to be semi-private properties. Therefore, getting a bank loan to provide you with the financial strength is the best choice that you have.

The facilities

The facilities are another major factor that you should look into. You will be given all the facilities that you are in need of including a swimming pool, a gymnasium, a park, supermarkets, etc. Therefore, when you are investing in an EC, there is no need to worry about the comfort or the safety. When it comes to safety, you will be given high levels of safety all day, every day so that you can live without any worries at all.