Progress in preparing the draft regulations under the Thailand Condominium Act amended in 2009 with the purchase and sale agreement is almost completed and will be presented to the meeting of the Council of Ministers (Cabinet) in August 2011. The essence of the contract will be to declare the act as another measure to protect consumers, which requires that any project or condominium units which will be open to the public for sale must be certified or approved by the Environment Impact Assessment Committee (EIA) and must have a valid license for construction. The framework of this contract will provide
Continue readingCategory: Condominium
Living In Jakarta Condominiums
The capital city of the Republic of Indonesia – Jakarta, comprising Greater Jakarta, is a special territory enjoying the status of a province. Situated on the northern shores of West Java, Jakarta is the commercial and industrial center of Indonesia, apart from being the seat of both the national and regional government. Due to its strategic location, Jakarta is considered the principal gateway to other parts of the country. Further, the city is well-linked by air, land, and sea. With its cultural richness and scores of attractions, covering state-of-the-art shopping centers and recreational complexes, Jakarta has, in recent years, developed
Continue readingBedok Reservoir Condominium
Situated in east Singapore, Bedok Reservoir condominium which is an Urban Redevelopment Authority (URA) tender will be launched in between November to December 2011. The 4.56 hectare land was made into a residential property wherein approximately 577 housing units were built. The units are of different types like single bedroom to five bedroom apartments, penthouses and Semi-Ds to cater to the space needs of individuals and small and large families. Not only that the housings units are made of intricate designs and landscapes but the condominium itself boasts of its back-to-nature appeal especially since it nestled in the waterfront and
Continue readingCondominium Of The New Age
What made condominiums popular in the Philippines? According to many Filipinos, condominiums are some of the most popular types of housing in the Philippines today. What made these types of residential Philippines properties for sale popular among many Filipinos, particularly in today’s rapidly changing lifestyles, is its location. Because of today’s modern trends, Filipinos sought for new types of housing which can provide them with everything they need. And because condominiums were known for its location, which is similar to that of many apartment buildings at that time, condominiums rapidly grew popular in the market. However, other than its location,
Continue readingThe Condominium in the Philippines
Condominiums are known as some of the most popular and in-demand types of modern housing in the Philippines today. The reason for its popularity is because of its many benefits which can accommodate today’s growing demands for modern family-homes. Popularity of Condominiums as Modern Family-Homes Condominiums were first established as modern types of housing found in business and commercial districts where it became a popular home for many Filipinos who usually spend more time in their workplaces rather than in their homes. Today, however, condominiums have become even more popular because of the rising demands for modern family-homes in the
Continue reading