Can I have a sily questions? Is there any difference between "Apartment" and "Condominium"? At URA website, Frangrance Court is classified as "Apartment" while Le Hill is classified as "Condominium".
Thanks,
Richard
Can I have a sily questions? Is there any difference between "Apartment" and "Condominium"? At URA website, Frangrance Court is classified as "Apartment" while Le Hill is classified as "Condominium".
Thanks,
Richard
my understanding is :Originally Posted by richwang
condo will have swimming pool + court ( tennis or squash)
apt only have swimming pool
in short Apt does not have full facilities
They have different setback requirement from boundaries for a given height. Apartment is less. Condo requires more setback.
So in another words, stricter criteria for "Condo" status (compared to "Apartment") -> "Condo" must be better than "Apartment" lah (if you are choosing the 2 side by side and the price difference is not much)!
Originally Posted by isaaclim
1. Any land size 45,000sqf and below residential property cannot be classifiy as Condominium.
2. Any condominium must have 6th storey and above.
3. Residential vs Recreational ratio on land must fulfill certain criteria.
4. Unit to Land ratio must also fulfill certain criteria.
5. Certain facilities is a must.
6. Lastly, any residential property attach to a shopping centre like compass height, centris, ion cannot be classify as condo regardless of the above mentioned fullfillment.
So sometime, you could have EVERYTHING a condo have yet be classify as apartment. I'm not going in depth on how it affect valuation unless you want further info.
it also depend on land size/units ratio at which band. In addition, the common space/recreation area to residential area ratio. this you have to refer to building plan.
In the past, apartment are associate with lucky plaza apartment, IP or beautyworld, etc. Then when more Geylang/Joo Chiat apartments spurn out across, it give apartment a bad taste.
Recently, ppl enbloc 2 or 3 landed properties and pay development charge with plot ratio increase for small development, they are hamper by the 45000 sqft ruling but many of them put out those 30 units plus with lavish advertisment like for "the esteem ones" and thus package a bit well. Then when Ion and Centris shopping centre living come to picture, it change the mentality of ppl. (Ion refer to the orchard residence"
So back to your question, putting aside condo status, different apartment warrant diff evaluation. The key is, it depend on WHY is it classify as Apartment in the 1st place.
Example, between 2 similar developments, if a condo cat is the same price as a apartment cat, get condo. But if the apartment cat is due to ratio criteria and it near a mrt station/amenities, you may consider the apartment.
Originally Posted by richwang
Thanks for your explanation, a few questions/clarifications:
Does your pt 2 (6 storeys) apply to those developements in landed areas with height restrictions (eg the Greenwich).
and
How do we find out why is it classified as an apartment in the first place
thanks in advance..
Originally Posted by apple3
Ya just found out that The Scala is Apartment status.
yo ...Originally Posted by apple3
point 2 ...
Island view and Flynn park are both condo .. and less than 5 storey ...
in fact most condos in pasir panjang are less than 6 storey ...
so how to tell ?
tats strange....any1 knows y its not condo status?Originally Posted by jencrs
actually i only know must have a min land size of 44000sqft for condo status
how come so many other criterias
what facilities does scala have ?Originally Posted by devilplate
pool and tennis court ?
if no court .. then cfm Apt
the scala full condo facilities with tennis court..Originally Posted by proud owner
no tennis court also can be condo status....
Originally Posted by devilplate
hhmm thats what an agent told me ..
no court means Apt
condo = pool + court
Ask that agent go "Eat shit" lahOriginally Posted by proud owner
I think so too. We don't have to know why a private estate is classified as "apartment" rather than "condo", we just need to know it belongs to "Apartment" or "Condo". The former ("Apartment") obviously didn't satisfy some criteria to make it a good enough place to be classified as a higher-class "Condo" (simple as that). These reasons of not being classified as "Apartment" may be too numerous, such as not sufficient setbacks from roads (too noisy? no privacy? cannot be green enough since no land around for greenery (plants & trees etc) and beautifying the estate?), the block(s) are too close to the boundaries of the land (no privacy?), the blocks are too close to each other (no privacy? not green enough?, not comfortable living?), too small swimming pool (may be?), not enough greenery around the estate(?), etc etc! When developers want to squeeze as much GFA as possible from the estate to be built, they will definitely infringe on some of the above (even if the land is 200,000 sqft! - I know I know, some very big estate also classified as "Apartment"! Ops! - This shows the developers care more about profits than the 'class' & comfortable living of residents in the estate!).
Originally Posted by sleek
Originally Posted by apple3
Apple3 works for URA, SLA, BCA?
Good to have insiders here. Learnt a lot. Thanks guys.
Parkvie Apartment at Bukit Batok has tennis court, swimming pool and 13 floors. Why is it called apartment?Originally Posted by proud owner
Is this apartment good?
VL
"Condo" better than "Apartment" (otherwise URA does not have to waste time coming up with the specifications to satisfy the "Condo" classification - all else that doesn't satisfy automatically called "Apartment").
Originally Posted by Veryln
smaller FH apt got advantage leh...easier to enbloc
Smaller FH "Condo" even better, even easier to enbloc (because got more land space to play with for facilities).
Originally Posted by devilplate
Height is not a criterion. We have condos like Villa Marina at a max height of 4 floors. MBR, MBS are probably condo status but no tennis court. URA defines condo mainly based as livable index. Like how many units vs land size, min. land size etc. Pricing wise, apartment or condo status is never a factor. It is always location and "rentability". FH or LH99? The most expensive condos are mainly dominated by LH99 except a few FH in D10.
Originally Posted by sleek
Originally Posted by sleekI believe what sleek means is that the Setback from Common Boundaries for Condos is different from apartments, and the difference depends on the development's storey height, which in part depends on it's plot ratio.Originally Posted by Squall8888
so anyone knows which property is type condo?
Found this:
Non-Landed Property: Condominiums and Private Apartments
There are legal differences between a condominium and a private apartment.
When you are the owner of a private apartment, you are a lessee under the 99 year lease the housing developer has created for each apartment. You would not own any part of the common property - such as the car park or the pool - as these belong to the lessor, who can charge a separate fee for using those facilities. As an apartment owner you have certain rights and obligations spelt out under the lease. However, you are not able to participate in the management of the facilities.
A condominium is created under the Land Titles (Strata) Act, Chapter 158 and is also known as a "strata title property". As a condominium owner you own a share of the common property. Under the same Act a Management Corporation needs to be created to manage the the common property. As an apartment owner (or Subsidiary Proprietor) in a condominium you can be voted into the management council to have a say in the management of the common property.
apt status owners also get strata title leh....Originally Posted by Komo
only HDB is lessee
very confusing leh...only know right price buy...right price sell.
Erm... totally wrong! A condo can also have no tennis court you knowOriginally Posted by proud owner
And an apt can have all the facilities (but usually sans tennis court) and still be classified as an apt.
The only and key difference is the land size of the devt