Whether you’re a foreigner or a local, chances are you’ve asked yourself whether or not you’d rather live in a condominium or in one of the many public housing facilities referred to as HDB Flats for sale in Singapore. Both are often compared due to their similarities, and there are strong arguments to be made.
Even today, the Housing and Development Board (HDB) continues its development even in new areas. The demand for it will not simply disappear, and here are the reasons why:
Availability of Facilities
Condominiums are often renowned – and priced – for the facilities or amenities for its residents. The semi-private swimming pools, outdoor areas, courts of all kinds, and other leisure spots surely prove a boon to everyone, especially for those who use them often.
It’s actually one of the main factors as to why condominium prices are so expensive.
HDBs certainly do not lack facilities either, it comes in the form of community centres centrally located within the neighbourhood where everyone has access to.
There are common areas, courts and sporting fields of varying kinds.
HDBs also have what are called “mama shops” – small, mini-mart like establishments that offer a broad assortment of goods for low prices.
Accessibility to Public Transport
Location is the major difference between condominiums and HDB Flats. Oftentimes, the former is designed with exclusivity in mind, thus they’re located in areas which may require a private transportation system or additional walking distance from the Bus Stops.
HDB Flats are usually located near MRT Stations or Bus Interchange that make travelling extremely convenient.
Condominiums are pretty straightforward when it comes to residential integration. Basically, the people who live there can decide to either mingle or stay inside as they please. Because everything is presented to them within their units, they have little reason to leave them and so spend most of their time indoors.
The HDB Flats are designed to create an inclusive and lively community within its proximity. The common areas have social space for special occasions such as Birthdays, Religious Festivities or even Funerals.
Fitness areas and community clubs are also opportunities for social interactions. People are encouraged to socialize with others, thus promoting the cultural unity and harmony despite their racial and religious diversity.
Value for Money
One of the most decisive factors when it comes to choosing between a condominium and an HDB Flat comes down to price and size.
With all the perks that come with it, condominium units are understandably at a premium. It commands a higher asking price for the same amount of space any other HDB Flat would have.
And for good reason – condominiums are built on the tenets of luxury, comfort, and privacy. When buying a unit, you’re not just going for the unit itself, but also the meticulously crafted environment in which it stands.
On the other hand, HDB Flats are more direct in its intent: make you feel at home at affordable price. It leans towards a communal system that promotes a sense of community among HDB Owners.
Ohmyhome is here to help with our Fixed Rate Agent Services if you need more assistance in selling your HDB flat:
Or you may call us at 6886 9009 to secure an appointment today.