Imagine an exclusive neighbourhood with tree lined streets, manicured Lawns, spacious backyards and the solitude of having four walls to your own. All these come with purchasing your very own Singapore Bungalow. Everybody knows that property is expensive in the land-limited town state. Most other residents, visitors, expats need to reside in apartments, apartments and condos. Living in a bungalow at Singapore exudes a certain luxury considering that there are approximately only around 1,000 good course bungalows situated all around Singapore.
Apart from exclusivity, purchasing Singapore bungalows are very good long term investments. Bungalow sales have fared well even during tough financial times in comparison to other housing projects and land values. Through time, very good financial gains are reported by bungalow owners who have opted to market their properties.
Bungalow owners are also appreciating the plot of land that comes with their properties. Fantastic course bungalows should have a minimal plot of 1,400 sums. This provides owners and their families lots of space to run and play around with. Another limitation for bungalow owners is that there needs to be an adequate quantity of grass and greenery around the house. This stipulation is to adhere to environmental laws that aim to keep the ambiance of healthful living amidst Singapore’s urban jungle.
Along with this, bungalows are single storey houses or two storey houses. The height limitation is to preserve the low-rise and residential sense of bungalow neighbourhoods. Among the advantages of buying and owning a bungalow is that it provides the owners lots of space for future extensions. Bungalows are easily remodelled and renovated due to the massive space available to owners. Extensions can either be a new wing or a new floor or even a swimming pool. Due to the lot size allocated to bungalows, a garden is also an excellent idea of Pasir Ris 8. Improved and maintained bungalows can easily fetch higher resale value, yet another motivation for bungalow owners to look after their properties.
Singapore law states that citizens can own landed property, including bungalows from the city-state. But there are a good deal of bungalow owners that lease and rent their properties out to foreigners, businesses, expats, corporations and even fellow citizens. This is another benefit of purchasing and owning bungalows because it is among the more sought after properties for leasing, which makes it a possible money making enterprise for its owner. Indeed, the present rental on bungalows around the city-state averages at the 5 figure group. For Individuals who do not reside or have not been to Singapore, they might ask what the fuss is all about Singapore bungalows. In a state where land is a commodity, and having a bungalow does not only scream wealth, in addition, it says luxury.