Purchasing Your New Residence-An Option to Consider

Are you looking to purchase an executive condo, such as a westwood EC? If so, you are not alone. Prospective home buyers have learned there are a number of advantages to purchasing an executive condo rather than a residence. Although there are certain things you must keep in mind, such as the living requirements when you choose this type of residence, the benefits far outweigh the drawbacks. Following are a few you should take into account as you go to make this major decision.

When you choose to invest in an executive condo, you are purchasing property and making an investment in your future. The cost of home ownership is more affordable when you go this route, and you may be able to make use of a grant to reduce the price even further if you are a first time home buyer. The CPF housing grant provides you with up to $30,000 toward this purchase. This is above and beyond the 15 to 20 percent discount you get just for purchasing a condo of this type.

With the money you save, you can invest for the future. You may be able to save for your child to continue with their education or plan for your retirement. Some choose to use the money they save to furnish their new residence. The choice is completely up to you. Not only this, but these types of condos tend to appreciate faster than their private counterparts. You pay less at time of purchase, but you get a better return on investment when you go to sell. This will also help you to plan for your long term future, as you will have additional funds to work with.

A westwood EC is a wise choice. Not only is it the first bike themed condominium in Singapore, it has the amenities individuals are searching for in their residence. You will be living within a gated community and benefit from the added security, yet you won't be paying the high prices associated with private condos. If you are looking to purchase a new home, an executive condo may be the right option for you. It is definitely one everyone should consider in their search for a new home.