Property is touching the peak: however, Average Singaporean can still afford to buy HDB flats, which are reasonable enough for the Singaporean. HDB is among the most affordable rentals in the country. It has been seen that from 90’s the conditions of the flats have improved a lot , now they hold more advanced facilities like lifts and other feature which are useful to senior residents.
HDB flats in Singapore are affordable; therefore people of all ages have bought them up.
They include supermarkets, clinics, shopping centers, schools, playgrounds, which are well connected with transportation facilities.
Studio Apartments are known for the smallest and of least maintenance. They are mostly used by elderly citizens and hence are built accordingly. They are of 2 bedrooms units which are designed in keeping the needs of lower income families.
The 3-4 are for middle income group people, 5 rooms are for executive levels and are the largest among the HDB flats. They have additional spaces to for bathrooms, living area which is eloquently design. HDB flats are also designed accordingly the owners individual taste.
Most would agree that living in a HDB flat is like being part of a closely-knit community. Getting to know next-door neighbors and having weekly gatherings at the void decks are some of the reasons why adults and kids alike enjoy being a resident of their estate. HDB flats like well bonded community. It involves next-door neighbors’ conversation, weekly gatherings the deck, where everybody enjoy to the fullest.
These places tend to have more flats on the mark
HDB more be a bit complicated compared to purchasing private properties. HDB flat should always be bought after consulting real estate agent. They include location, size and type of property. Pen down what you want , what kind of HDB flat do you want and approach accordingly. This saves whole lot of time.
For buying HDB flats Singaporeans should be eligible of HDB eligibility schemes.
These schemes are very helpful to Foreigners to buy Flats there. The big advantage of buying HDB flats are the benefit of different amenities like shopping complex, MRT station, etc.
There are various criteria to fulfill as an applicant of HDB flat. You have to fulfill all the required rules and regulation for your preferred housing unit which you are interested in and should participate in balloting exercise or built to order process.
