Indicators on The Avenir Singapore You Should Know



There are many benefits to living in a highrise building. Rent prices are often a bit higher than comparable four- to six-flats, they are not truly as comparable as you may think. Many factors must be taken into consideration when comparing high rises to standard apartments.

1. Location, location, location

High rises tend to be erected in highly desirable areas in order to meet demand. Location (times three) is the number one rule of real estate, so you really can only compare the cost of rent at a high rise to the cost of rent at a similar, neighboring building. You are paying to be in a desirable area. Think about everything that will be right outside your doorstep: shopping, nightlife, restaurants, public transportation ... things you would normally have to spend time traveling to will be a short walk away.

2. Amenities galore

When considering a move to a high rise, one must consider the value of amenities offered. Does it have a fitness center? How much would you pay to go to a fitness center if you were living in a six-flat? Not only are you saving that amount of money, but you are also more likely to actually show up and work out since you just have to take the elevator upstairs rather than driving through the snow, searching for parking, etc. Does it have a pool? A rooftop deck? A door person? Controlled entry? Security systems? 24-hour maintenance? Guest quarters for rent? How much do you spend on your morning coffee, tea, or hot cocoa? Many high rises offer their guests free beverages (often name brands).

3. Lower utility costs

Heating and cooling costs are often considerably lower, if not included, due to the nature of the building's construction and make-up. Sometimes utilities such as basic cable, heat and even internet are included in the rent. Sometimes internet may not be included in your unit, but if you take your laptop and head to the common area or resident lounge, you may find free wi-fi there. In other cases where these utilities are not included, it is common for high rise residents to pay lower rates which are bulk-negotiated by the owner or management company.

There are many benefits to living in a highrise building. Rent prices are often a bit higher than comparable four- to six-flats, they are not truly as comparable as you may think. When comparing high rises to standard apartments, many factors must be taken into consideration.

1. Location, location, location

High rises tend to be erected in highly desirable areas in order to meet demand. Location (times three) is the number one rule of real estate, so you really can only compare the cost of rent at a high rise to the cost of rent at a similar, neighboring building. You are paying to be in a desirable area. Think about everything that will be right outside your doorstep: shopping, nightlife, restaurants, public transportation ... things you would normally have to spend time traveling to will be a short walk away.

2. Amenities galore

When considering a move to a high rise, one must consider the value of amenities offered. Does it have a fitness center? How much would you pay to go to a fitness center if you were living in a six-flat? Not only are you saving that amount of money, but you are also more likely to actually show up and work out since you just have to take the elevator upstairs rather than driving through the snow, searching for parking, etc. Does it have a pool? A rooftop deck? A door person? Controlled entry? Security systems? 24-hour maintenance? Guest quarters for rent? How much do you spend on your morning coffee, tea, or hot cocoa? Many high rises offer their guests free beverages (often name brands).

3. Lower utility costs

Heating and cooling costs are often considerably lower, if not included, due to the nature of the building's construction and make-up. Sometimes utilities such as basic cable, heat and even internet are included in here the rent. Sometimes internet may not be included in your unit, but if you take your laptop and head to the common area or resident lounge, you may find free wi-fi there. In other cases where these utilities are not included, it is common for high rise residents to pay lower rates which are bulk-negotiated by the owner or management company.

Many factors must be taken into consideration when comparing high rises to standard apartments.

Many high rises offer their guests free beverages (often name brands).

Many factors must be taken into consideration when comparing high rises to standard apartments.

Many high rises offer their guests free beverages (often name brands).

Good condo owners go the extra mile to ensure the condos are safe and secure.

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