If a real estate property isn’t located in an area that’s convenient for you and has any of the problems mentioned above it likely isn’t a good property. Make sure to pick a home that is in a neighborhood you like. With a house, you are free to do gardening, having your own big garage and even a half basketball court. You have the chance to get a house with more rooms for the whole family.

Having a house in a neighborhood allows you to explore the community as well as its members.Your social life will expand and your children will learn how to make friends. Compared to condominiums, your own space is fully secured when you buy a house to own. You may pay the initial down payment then continue the subsequent ones in the years to come. Real estate property in Singapore appreciates quickly which is worth your investment. A condo requires less maintenance work compared to a house. If you travel a lot or single, perhaps this will be a better option for you. You’ll probably feel a lot safer in a condo with close neighbors and front desk security just waiting for a beep from you.

When living in a condominium, you can always hire someone to do your laundry and maintain the swimming pool. You also have easy access to other facilities present in the condo like the gym, bar and restaurant. This is perfect for individuals who are always busy at work. Always compare prices when eyeing on house or condo real estate property. See how your money is being invested in the long term since you probably will be living in the property in the next five years or so. Check tax deductibles as well as other benefits that you can get when purchasing the real estate. In Singapore, it is advised that you purchase instead of mortgage since mortgages are rather high.