You have probably discovered the rise in Singapore’s property prices coinciding associated with acceleration of the current economic condition. You have also probably heard that as a result of changes in various housing rules, acquiring property within Singapore has become easier for those purchasing domestically and from foreign locations.

Condos are especially common of foreign buyers. Singapore authorities used to possess a rule in which another buyer could only purchase an apartment in a building higher than six stories and the apartment had to be classified as a condominium. This rule no longer applies, but has not interfered with condo sales within complexes.

Yet to purchase an apartment as a result of what’s called Executive Condominium projects (EC), you must be a jade scape singapore citizen or resident and the purchase have got to take place anywhere between the sixth and tenth year from the date the Temporary Occupation Permit was granted. Any foreigners or corporate bodies who aren’t permanent residents of Singapore are not eligible to obtain an EC. But the majority of that if you can be a foreigner or part of some corporate body, you can find an EC if is in its eleventh year from the date the Temporary Occupation Permit was issued.

So if you might be a permanent citizen clearly corporate body who would like to purchase an EC, the appropriate action is to locate the developer for that particular area to receive the information you ought to make your purchase. If you are a foreigner or corporate body seeking purchase an EC, you should also check with the developer in the area you are interested in so that you will notice that what ECs will be their eleventh year and beyond.

But if you will want a good condo, you could go the EC route or a person look into apartments and condos that have apartments that are considered condos. It essentially depends on your citizenship, if an individual part of a company body that has relocated in Singapore, or what type of money you are willing to spend. Although property prices within Singapore have seen a rise, that rise is due to your demand and success of the economy, which cannot be overlooked. These successes have resulted within a successful real estate market that involves anything from residential properties to the perfect condo, so be sure to look into purchasing property in Singapore if you are relocating domestically or relocating abroad.