With a wide array of beautiful condominium structures spread across every corner of the city, Singapore has attracted the attention of real estate investors from within the city as well as from foreigners from all over the globe. The recent years, however, has witnessed a rapid rise in the growth of such condominiums in the city, and this is primarily owing to the booming economy of the city. Due to this boom in the economy, the real estate industry of the city has greatly prospered, paving way for the development of some of the finest architectural wonders of the city in the form of condominium complexes.
The conditions of Singapore is best for the home buyers of today
Owing to the booming economy of the city, Singaporean banks have been able to reduce their loans rates by a great extent. In fact, loan rates of the current times are among the lowest in the history of the city. The state has also paved way for new property acquisition regulations that offer more leniencies to property buyers than ever before. Therefore, if one was to consider the current conditions with a futuristic approach, it can easily be found that the current time is the best for making an investment on a residential property. The condominiums in the city offer the best option for making an investment on a residential property as private houses have become fairly expensive to be affordable for the average working Singaporean.
Residential condos are being developed in great numbers
Due to the great roar in the economic conditions of the city, a large number of residential properties are under development currently. The early 2020s will witness the launch of over 50,000 flats from the Housing & Development Board or the HDB along with more than 30,000 condominiums developed by private contractors and developers. The launch of so many residential properties is set to open up loads of opportunities to the Singaporean people to invest in their own homes, or to real estate investors to invest in some fine properties in order to make large profits. Hence, it is safe to say that Singapore is currently enjoying an exciting phase in terms of its real estate industry!
The Antares Condominium
Located at Mattar Road, is the beautiful new real estate development The Antares. Apart from the architectural elegance, the condominium also features a wide array of luxurious facilities for the enhancement of the comfort of the residents. The location of the project is also set to offer residents with close proximity to the city hub as well as the many important landmarks of the city and this will allow residents quick access to almost everything they need!