Condominiums, also known as condos, are private properties that can be leased for 99 years, 999 years, or owned outright. Condos were not common until the early 1990s and were originally designed for high-income individuals. These early condos were larger than existing HDB properties.
However, today's condos are typically smaller in size, as indicated in the available floor plans for new or resale condos. The main appeal of condos lies in the exclusive facilities they offer, such as security guards, swimming pools, tennis courts, private gyms, and basketball courts. Popular condos can be found throughout Singapore, with pricier options often located in the Central region near the Central Business District (CBD).
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