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Property Singapore
Property Singapore is any intangible or physical entity that one has the authority to own it. It can be an individual or an organization. When the individual or a group owns the property they can decide to sell it, rent or perform other duties with it.
Owning a property in Singapore, one has to follow the rules that have been imposed by the government of Singapore and one has to follow the rules and regulations to the latter. A property can be beneficial to one or a very great loss. If the property is utilized well it will generate some very good income but if it is poorly managed then you will not enjoy the fruits of your property.
Property Singapore are mainly classified in two different categories; real property and personal property. Real property is land or anything that has been fixed permanently to land e.g. buildings and wells, apartments, offices and homes.
Personal property is any kind of property that is not permanently attached to land. Personal property is movable from one place to another and the downfall of personal property is that it has a very short life span. Personal properties are things like farm equipment, household goods, bonds and vehicles.
Personal property is divided into intangible form and tangible form. Tangible means that the form is physical and one can be in a position to touch feel it and also move with it. Some of the examples of the tangible properties include computers, books and clothing that we put on.
Intangible personal properties do not have any physical form apart from certificate and accompanying records. Some of the intangible personal property include: trademarks, stocks, bonds and patents.
Apart from the government of Singapore coming up with rules about properties in Singapore, the country still remains the best place where one can be able to invest and also rent any kind of property. Some of the properties that one can find in Singapore include:
Condominiums: They are very popular in Singapore and they are very spacious both the inside and the outside. Condominiums have the best facilities that one can hardly find in a normal house. Inside the house there is a gym, sauna, swimming pool and a tennis court. The costs of condominiums usually vary what matters most is where you are located in Singapore. Condominiums, most of them are located in the central business district and they are very expensive compared to the ones which have been located on the outskirts of the central business district.
Private apartments: They are very similar to the condos but they do not have facilities that condos have. Most of the private apartments are constructed in an oldish style because new private apartments are made in the style of condominiums.
Properties in Singapore are not very hard to buy and rent what scare people from owning properties in Singapore are their rules and regulations that the government of Singapore put in place and they are being used up to date.
Billy Chen
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
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