What is the difference between a condo and an apartment in Singapore?
In Singapore, a condominium typically refers to a private strata-titled development with shared facilities such as a pool, gym and security. The term apartment is often used for older or smaller walk-up developments without full condominium facilities, although the two words are sometimes used interchangeably in everyday conversation.
Should I buy freehold or leasehold?
Freehold offers perpetual tenure and tends to hold broad buyer appeal, but usually commands a higher price. Leasehold may offer a lower entry price and can suit buyers focused on lifestyle value or a shorter holding period. The right choice depends on your budget, holding horizon and resale plans.
What are the upfront costs when buying a condominium?
Besides the purchase price, buyers should budget for Buyer's Stamp Duty (BSD), Additional Buyer's Stamp Duty (ABSD) where applicable, legal fees, valuation fees and initial renovation or furnishing costs. Your loan eligibility and Total Debt Servicing Ratio (TDSR) limit will also shape your budget.
How do I know if my condo is priced right for sale?
A realistic sale price is based on recent comparable transactions in the same development and nearby projects, adjusted for floor, view, unit condition and tenure. Karen prepares a comparative market analysis before recommending a listing price.
Which districts do you specialise in?
Karen focuses on Bukit Timah and prime Districts 9, 10 and 11, with deep familiarity of each neighbourhood's schools, transport links, resale dynamics and lifestyle character.