Lately, a vertical or a multi-story residential apartment is more and more popping up in Singapore. Story residential concept is considered more practical and efficient in a big city like Singapore, which has a population of high but the land is very limited. If you are more interested in staying in vertical residential than in a traditional house, you need to determine which type of housing that fits you. There are several types of residential vertical that you can choose, ranging from flats, apartments, and condominiums. Visit our website to see the process from botanik residence, you can also book now so as not to run out of places!
Here are the complete explanations to help you understand the different occupancy types:
1. House stacking
Although many terms refer to as a residential multi-storey flats, but flats are described as buildings floor that built in an environment that is divided into sections structured functionally, both in horizontal and vertical direction, and the respective units each can be owned and used separately especially for dwellings equipped with parts together, a common good and common land.
At first glance, it appears there was no significant difference between the apartment and condominium except the use of the term. Unfortunately, the property campaigners say there is little difference between the apartment and condominium. The term apartment comes from the United States refers to the residential units that occupy a specific part of a building. By definition, the apartment is a type of dwelling which only takes a small room of a building. Apartment buildings can have tens and hundreds of apartment units. In the United Kingdom and countries such as Singapore, the apartment better known as flat.
Meanwhile, the condo is better known in the Italian legal system of the word con, which means together and Dominium words that have meaning ownership. By definition, the condo is a form of right to housing where certain part of real estate is privately owned, such as room apartment, while the use of access to facilities such as hallways, cooling systems, elevators, and exterior is under the law associated with private ownership and controlled by the association of owners describe the ownership of all parts.