A condominium unit is required to be described as a cube of space with both vertical and horizontal boundaries (both upper and lower.). So, for example, if the vertical boundaries of a condominium unit are the exterior walls of the building in which the unit is located, this means that the exterior walls of the building are a part of the condominium unit. To the extent that the unit boundaries are defined through the use of the phrase “walls, floors, and ceilings,” this is a legal term of art which incorporates a more specific definition set forth in the Georgia Condominium Act. In Georgia, condominiums are creatures of state statute and can be created only by following certain state law requirements.
Arena Residences is a freehold city-fringe development that is seamlessly connected to the Paya Lebar Business Centre, CBD and Marina Financial Business Hub. Shopping and dining amenities that catered to the needs of the residents are also of close proximity. The Arena Residences is at an excellent location that is great for both investment and self-staying. JadeScape / Shunfu Condo which is situated in the old Shunfu Ville Estate is within 200m away from Marymount MRT station. It comprises of 1100 condominium apartments and strata houses ranging from 1 bedroom to 5 bedrooms.
TwentyOne Angullia Park
Discover the future of luxury living at The Continuum, where top-of-the-line fixtures and smart home features combine to create an unparalleled living experience. Each apartment is meticulously designed with select appliances and fixtures from renowned brands such as Assa Abloy, Laufen, Samsung, Franke, and Gessi. These high-quality elements ensure elegance, functionality, and durability throughout your living space. Regular financial reports should be provided to the board of directors and residents. These reports give everyone a clear picture of the condo’s financial health and build trust in condo property manager depend the management team. The air space inside a condo is owned by the condo owner, who also owns a share of the communal property, which includes the floor, walls, walkways, stairwells, and outside spaces.
- Don’t hesitate to ask questions and clarify any concerns you may have.
- Certain restrictions are applicable on the sale of condominium units, including a provision in the Condo Rules stipulating that no more than 25% of the units in a condominium may be registered in one person’s name.
- It is situated in a tranquil and private neighbourhood and yet is of close proximity to amenities and public transport.
- If you envision living in the condo again or if it serves as a potential vacation home, renting might be a more suitable choice.
- In total, the development was planned to have seven office buildings and ten high-end residential condominiums.
I’m glad that I have made the right decision and that our purchasing process went smoothly. About the unit it is a bare studio type unit with 1 bathroom having a floor area of 26 sqm. The two other states within Malaysia which are also undergoing heavy development are Penang and Johor. As of 2016 land on Penang Island is scarce, and the local government of Penang have enforced strict rulings to reduce property speculation in the state. MY020 Maxim Citylights, sentul -RM420,000 -corner unit squat ft -3R2B -2 parkings lot -Full renovation -Fully furniture -kitchen extension -kitchen cabinet -6 kitchen island -build in… Please be aware that agents SHOULD NOT be asking for upfront payments to view a property.