Why Buying an Integrated Condo Makes Sense
If you’re shopping for a condo in Singapore, you have the choice between regular condo complexes and integrated developments.
Ordinary condo complexes usually have some amenities like a fitness center and tennis court. In addition to these facilities, integrated developments have attached MRT stations, shops, and restaurants, which makes daily life a lot more convenient.
And as an added bonus, integrated developments often have lower maintenance fees than regular condos. To help you decide if buying an integrated condo makes sense for you, we’ve covered some of their main features below.
Amenities At Your Fingertips
The biggest benefit of buying an integrated condo is the number of amenities that are just outside your doorstep. Integrated developments have all the same amenities you’d expect to see in a regular condo, such as a playground for the kids, community green space, and a fitness center.
Typically, integrated developments are also connected to malls, which gives you more dining and shopping options than you’d have in a regular condo complex. The Ryse Residences in eastern Singapore, for example, are a two minute walk from Whitesands Shopping Mall, which has over one hundred different retailers to choose from.
Integrated condos are usually attached to MRT stations and bus interchanges as well, which makes it easier to get around. You’ll save a lot of time on your daily commute because you won’t have to walk ten or twenty minutes to a far-flung MRT station.
Some integrated developments even have office space, so you might be able to find a job that’s just a short walk from your condo.
After work, you’ll be able to get all of your shopping done without leaving the area, which will save you money on transportation. You’ll also be able to reclaim the time you would’ve spent traveling into the city to run errands, which means more room in your schedule for family and recreational activities.
Good Resale Value
In general, integrated condos appreciate over time and have good resale value. Because they have lots of amenities like shopping, dining, and convenient access to transportation, they’re highly desirable.
So if you need to sell your unit in a few years, you could stand to make a profit.
Lower Maintenance Fees
You’d assume that an integrated condo with lots of wonderful amenities like shopping, dining, and tennis courts would have expensive maintenance fees.
But you may actually pay less for upkeep if you buy an integrated condo instead of a regular condo of a similar size. This is because the businesses that are part of the development are able to bear the brunt of the maintenance costs, lowering the fees for the condo owners.
When you rent an apartment, you don’t build any equity. But as a condo owner, you’ll increase the percentage of your property that you own every month when you pay your mortgage.
Instead of essentially throwing away money on rent, you’ll be able to build your wealth and hopefully make a profit if you sell your property in the future.
Personalize Your Space
Another benefit of buying a condo instead of renting is that you can renovate your home so it’s exactly what you want.
Understandably, landlords don’t allow you to make big changes to the interior or your apartment. But when you own your condo, you can customize it to suit your tastes, which will increase your enjoyment of your home and improve your overall quality of life.
Find Your Next Home
Integrated condos are a great option for people who want quick access to amenities like shopping malls and transportation. The only downside is that they tend to cost more than regular condos, but it’s worth it to have dozens of shops and restaurants right outside your door.
If you’re in the market for Pasir Ris integrated condo, look no further than The Ryse Residences. This lively, family-friendly development has amenities like a children’s adventure club, yoga lawn, 50-metre lap pool, and a parkour gym.
It’s a two minute walk from the Pasir Ris MRT station and Whitesands Shopping Mall. You’re also just a short drive away from quality medical care, great schools, and Downtown East, which has even more entertainment options.
If you’re a nature lover, there are lots of green spaces and parks nearby where you can stretch your legs and enjoy the fresh air. The condo development even overlooks Signapore’s beautiful coast, so 70% of the units have sea views.
The Ryse Residences are luxury living at its finest. So if you’re shopping for a Pasir Ris integrated condo, you won’t regret booking an appointment to learn more about this brand new development.