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In the early 2020s, Singapore's public housing is located in new towns, in communities that are intended to be self-contained, with services nearby housing blocks, and is either owned by or rented to residents. Lessee-occupied public housing is sold on a 99-year lease and can be sold on the private resale market under certain restrictions.
Build to order (BTO) is a real estate development scheme enacted by the Housing and Development Board (HDB), a statutory board responsible for Singapore's public housing. First introduced in 2001, it was a flat allocation system that offered flexibility in timing and location for owners buying new public housing in the country.
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
Due to dense population and government control of land use, Hong Kong's most common residential housing form is the highrise housing estate, which may be publicly owned, privately owned, or semi-private. Due to the real-estate developers oligopoly (sometimes called real estate hegemony, Chinese: 地產霸權) in the territory, and the economies ...
Houses and the land they sit on are expensive, and the combination of monthly mortgage, insurance, maintenance and repairs, and property tax payments are sometimes greater than monthly rental costs. Buildings may also gain and lose substantial value due to real estate market fluctuations, and selling a property can take a long time, depending ...
A townhouse, townhome, town house, or town home, is a type of terraced housing. A modern townhouse is often one with a small footprint on multiple floors. A modern townhouse is often one with a small footprint on multiple floors.
2-Flat, 3-Flat, and 4-Flat houses: houses or buildings with 2, 3, or 4 flats, respectively, especially when each of the flats takes up one entire floor of the house. There is a common stairway in the front and often in the back providing access to all the flats. 2-Flats and sometimes 3-flats are common in certain older neighborhoods.
A terrace, terraced house , or townhouse [a] is a type of medium-density housing which first started in 16th century Europe with a row of joined houses sharing side walls. In the United States and Canada these are sometimes known as row houses or row homes.