Articles tagged with: pullman residences floor plans

Singapore’s Permanent Resident Status

Singapore can be a beautiful and interesting country to visit and work in. In some industries, it is not uncommon for them to be sent to Singapore to find job vacancies for several months to several years.

 While Singapore is sometimes described as a country that is a city, and indeed with just over 5 million people and a total area of less than 300 square miles, the size of the entire country is similar in size to several major cities.  By reading this article you can get the information about Pullman residences Singapore.

Singapore's Permanent Resident Status

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After a while, visitors sometimes want to become permanent residents. It is estimated that there are between 300,000 and 400,000 permanent residents in Singapore and it may make sense for you to do so if you plan to stay there for some time.

Let's take a look at the pros and cons of Permanent Residence (PR) status.

Public relations can live, work, and own property in the country. However, PR can only buy used houses and the ability to buy new houses is limited to residents. PR status allows you to live in Singapore without visa restrictions.

This means that if you lose your job, looks for another job, or leaves the country within a certain period, you don't have to worry.

They enjoy the benefits of entering and leaving Singapore at any time, and if they have school-age children, they are granted priority access to public schools. You can also get a long-term social visit pass so your family can visit you. As a PR, you are entitled to a monthly pension contribution and are free to change jobs without requiring a work visa.

Can Domestic Condominium Market in Singapore Be Sustainable?

Affordability for condos domestic market in Singapore has increased compared with 2007. This was primarily due to lower interest rates. Demand condominiums outside the central region have increased to 40 percent of the total private housing transactions in Singapore. By reading this article you can get the best information about Pullman apartment flooring plans.

Can Domestic Condominium Market in Singapore Be Sustainable?

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The developers took the opportunity to launch a domestic condo at a competitive price in the first quarter of 2009. More than half of the buyers are HDB upgraders.

The number of private condos to be completed between 2009 to 2013 is estimated to be in the range of 11,000.

Compared with 1996 – 2000, there were approximately 40,000 completed which includes both private and public housing, the number of units completed during the past five years has dropped to 13,000 units per year for the government to cut down on the number of public housing.

The population living grew at an annual rate of 1.4 percent is expected to last 10 years. Based on statistics, the annual demand will be about 16000.

There is also a high demand for public housing for the government for three and four-room models. With a high demand in public housing, it causes an overspill effect on the private condominium. The majority are public housing upgraders.

With such an increase in demand, prices also began to rise gradually from the beginning of 2009. For example, the price of the average price of a three-bedroom, it has risen to $ 600psf media prices similar to the peak in 2007. Lower interest rates also have increased the attractiveness of domestic condominiums.