The Demand for Private Penthouse Property at Amber 45

The Demand for Private Penthouse Property at Amber 45

There’s certainly a demand for penthouses in Singapore. With new condo developments underway and the addition of penthouses to these buildings, it makes the penthouse property more desirable for the uniqueness in many aspects. The fact that people can set themselves apart from the rest of the residents of the building and afford the higher price tag of the penthouse is what makes it a competitive property for many condo buildings as well.

How big is the demand for penthouse property around Singapore?

With new condo building developments popping up all over the place, most of these new developments are including a penthouse as an option to potential buyers in the real estate market for condos. As far as the demand goes on for Singapore penthouse properties, the more desirable it is to live at the top of the newly developed condo property like Amber 45 in Katong. Because it’s the most ideal position to be, on the top of a condo building with more amenities. Although it is the highest priced property in a condo development, it’s a more in demand piece of private asset, especially for urbanites who can afford a larger price tag on their private property purchase. Penthouses have better resale rates in Singapore as compared to the condo units that are directly beneath it. However, you can still get great amenities with living in a condo unit.

The desirability of penthouse property

In Singapore, a penthouse provides you a luxurious condo living experience at the top floor of a new condo development like Amber 45 which makes it desirable in many aspects. For potential buyers, a penthouse property offers them all of the essential luxuries just like you’re buying a separate home on a separate plot, but it’s on top of a condo building with spectacular views of the sea. Singapore’s penthouses are highly desired as a luxury real estate investment because they come with the best amenities a luxury condo project in Singapore has to offer. Whilst a penthouse may not be as private as a separate detached luxury home, it’s still a private residence living at the top of a new or older developed condo building. A Singapore condo provides some of the most amazing benefits for living in the city state here, with lobby services and many more amenities that are unique and solely for penthouse living use only.

 

Are penthouses difficult to buy?

Penthouses are the most difficult property to buy because it’s the only private living space like it’s on top of the condo building that’s unique to the development and, most of the time when a new condo project are being developed, they are already bought and sold before it is fully completed. If you’re in the market for a penthouse, you have to act fast as a lot of time, they don’t even make it to the market unless the original owner is selling it. Despite the high price, a penthouse living is like dipping in your own private luxury home spa.  Penthouses are prime real estate usually located in the most prestigious areas of many different districts such as East Coast area, but the quality, size and the location of penthouse property is why it’s so difficult to purchase, because you’ll most likely miss out on buying it. So, do not miss this chance when you have it at Amber 45 by UOL Group Limited. Grab the opportunity and become one of the proud owner now!

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