Who chooses condos?
Due to the downtown location, the smaller size and the presence of someone looking after the building envelope and external services, condominiums are usually occupied by young people and young couples.
In Silat Avenue, the population is increasing as entrepreneurs, large companies and technology companies seek to take advantage of affordable real estate and lively culture. In fact, Statistics Singapore notes that in recent years, the Silat Avenue GTA has shown steady growth. As a result, more condominiums are being built in the area, and these condominiums attract many young professionals and young families.
How is the neighborhood around the apartment?
In real estate, location is everything, and for Avenue South Residence it is no different. The cost of a condominium in this area is not affected by access to public transport. Since all areas of Silat Avenue have access to public transport, you should consider raising the price in your apartment if you do not have a car, and you must buy an apartment next to traffic. On the other hand, be aware that an apartment bought next to a future or existing transit station will probably cost more over time.
There will be many French speaking residents in your area in Silat Avenue. In the end, this area is the second largest French-speaking metropolis outside of France. However, many residents also speak English, so if French is not your first language, you can still communicate quite easily.
No matter where you settled in Silat Avenue, you will enjoy a dynamic and multicultural neighborhood in the area, which is considered one of the best places to live in the world. You will also find many happy tourists from all over the world. In 2016, about 10 million people enjoyed the tourist attractions of Silat Avenue.
Price factors to consider
Never rush to buy an apartment or any other property. Buying an apartment is an important decision and affects your whole life. Consult with a mortgage adviser and a financial advisor to understand what your adequate budget should be and how much money you need to earn in order to cover your mortgage and other monthly expenses associated with owning real estate.