Singapore is filled to the brim with a wide variety of properties that are available for purchase. This makes it relatively easy for just about anyone to find a property that is able to suit their preference and needs. Singapore properties come in different building types which include condominiums, apartments, cluster houses, HDB, commercial and as well as the industrial.The Gramercy Park freehold luxury condo at Grange Road for instance are sought after because of their units. A new type of property however, has emerged and has been growing in popularity over the years found in the form of mixed development. Let us look at what this type of property offers to property buyers in Singapore today.
Mixed development is known as a type of urban development that blends residential, commercial, cultural, institutional, or industrial uses, where those functions are physically and functionally integrated, and that provides pedestrian connections. The Rise At Oxley Residences offers mixed development spaces that has residential,shops and restaurants around them. This makes these types of property quite flexible making them enticing to a huge number of clients.
Mixed development has been growing in popularity due to a number of reasons. First off, is that they provide greater housing variety and density while at the same time being made more affordable with their smaller units. Furthermore, tenants benefit greatly from the reduced distances between housing, workplaces, retail businesses, and other amenities and destinations. Another area where they excel is that they help reduce transportation costs to their clients. This is made possible with mixed development properties providing walkable and bike-able neighborhoods while at the same time also offering increased accessibility via transit.
Properties that have mixed development in mind consists of a number of varieties. There are many combinations to be found including Neighborhood commercial, Main Street residential/commercial, Urban residential/commercial, Office/residential, Shopping mall conversion, Studio/light industrial, Hotel/residence, Single-family detached home district with stand alone shopping center and many more. This gives clients plenty of exciting options to choose from upon their search for a suitable mixed development property.
It is good to hear that people today can choose from a wide range of property types each with their own respective function. The Sturdee Residences at Farrer Park offers great residential properties and the same can also be said with regards about The Orient At Pasir Panjang. Plenty of residential and commercial spaces is also available on a regular basis in the Onze freehold at Tanjong Pagar. The added option to pursue Mixed Development with your property space however, helps bring to the table a breath of fresh air invigorating and drawing the attention of their target audience.
If you are looking for a property to purchase and acquire in the future, consider adding mixed development as one of the options. You can learn more about mixed development properties by getting in touch with property providers over the internet today!