Condominium Living in Toronto

The popularity of condominiums has been on the rise over the last decade, as young people are starting families later in life and tending more towards having fewer children than ever before. Condominiums offer the opportunity for a lot less maintenance than would come with a single family stand alone house, and most have features such as recreational facilities and 24 hour security which do more than enough to satisfy the needs of busy people. In addition, condominium complexes are often located right in the heart of the city, so that the commute both for work and for entertainment purposes is cut down to a matter of minutes. Living in the suburbs of any major city can mean up to two hours of driving, each way, just to get to work and back!

As Canadas largest city, Toronto offers all the major benefits typical to condominium living and more besides. Lets take a look at the different benefits owning a condo in Toronto has to offer.

Areas

When it comes to living space diversity, Toronto offers a huge range of choices guaranteed to fit any lifestyle. Neighbourhoods such as Rosedale South have a large number of high-end luxury complexes that will hold or increase in value and thus offer a good investment. Downtown Toronto is great for the urban enthusiast; there is always something to do within easy reach of any of the condominium complexes. Anyone who enjoys the hustle of the city is going to appreciate living in the centre of the universe.

For those who like the idea of living close to the city, but who do not want to experience the 24 hour a day, seven day a week rush that city living means, there are still options in the condo world. The Beaches area of Toronto, located along Queen Street east and bordering the shores of Lake Ontario, has been described as a world all its own; close to the city, the area nevertheless offers a tranquility common to the shores of a big body of water.

Toronto also has several neighbourhoods that appeal to different ethnicities, including Greek, Indian, Korean, Chinese, and Portugese. Laid back lifestyles can be accommodated at The Annex, and the city offers condo complexes even in historical districts, for those who want to throw back the clock without surrendering modern convenience.

Style and Price

No matter what price range or type of condominium you are in the market for, there is something in Toronto to satisfy your demands. There are plenty of older condominium developments that offer reasonably priced units, even in the heart of the city. Lofts, two and three bedroom units, bachelor suites, and penthouses are all included in most of the new and recently built complexes being constructed in the area.

Condominium buyers who are fans of ultra modern living will love the diverse architectural styles that Toronto developers are incorporating into complexes, from twin and triplet building designs to single building high rises with sleek lines and tapering towers.

Toronto condominium complexes offer a wide range of styles, prices, and architecture that are guaranteed to meet the needs of anyone who likes the idea of low maintenance, easy-access condo living. With new complexes proposed every month, the market for condo living in Toronto is seems to continually expand.

Anti-Burglary Precautions In a Condominium Complex

When masses of families in the USA were forced to leave their homes and look for less expensive lodgings, the condominium business boomed. Most folks immediately found out that living in an apartment is quite different from residing in a separate home. There are more folks around, and there are no more backyards to take care of. Most condo complexes have security staff and equipment, which could make folks think that a condo is relatively safer from thieves.

Then again, the risk of burglary is the same whether you live in a condo or in a house. There may be a security system in place, but no system is completely perfect. You must not let your guard down just because there are more people around to intercept potential burglars. The fact is, you don’t know everybody that goes in and out of the apartment block. .

People come and go all the time, and there is no telling whether these people are tenants themselves, guests or strangers who are in the hunt for things to take. Some dwellers may have left and have been replaced by new ones. This means you are surrounded by more strangers now than when you were living in a home. If you live in an condominium complex, you must still be really alert on the subject of your physical security.

Anti-Theft Methods for Condo Tenants

1. Beef up the Entrance

Your condo door serves as your gate and your fence. The condominium’s door is the only means of entry into your abode, so you must never be frugal about the locks you set up. Some condominium inhabitants put in screen doors to offer protection to their primary doorways. Installing another door can be a good thing, taking into consideration the additional protection it gives you.

If you have no plan of installing another door, you can simply put in more locks to your door. However, remember that your land lord may request you to tell him when you add another lock, and may even request a duplicate key. This is so that he can enter the apartment when there is an urgent situation.

2. Be Friendly With Your Neighbors

The other folks living adjacent to you may be your allies if you ever get into trouble, so ensure that you stay civil. In a solo residence, you may not have thought much about being friendly with neighbors, but in condominium situation, you may have to. You don’t want your next-door neighbor turning a blind eye while somebody is busy messing with your door’s locking devices. If things are not right in your apartment, like when your security alarm rings non-stop or you are screaming, your next door neighbor can call the law enforcement for you.

You should also be aware of changes in occupancy. If you have a new next door neighbor, make it a point to say hello. It’s better to be on their good side.

3. Automate Some Home Equipment

Your TV may serve yet one more purpose if you live inside the condominium block. You can make it seem like someone is inside just by programming your TV to switch on and off at a particular time. A similar thing can be done with some light fixtures. A robber would rather attack when no one is around. If you’re in good terms with your neighbors, and you have faith in them, you can let them know beforehand that this is what you frequently do when you are not around.

Some apartment inhabitants consult a comprehensive lock picking guide to learn more about locking devices and which ones are more prone to picking and bumping. Gaining knowledge on lock manipulation methods, including how to copy a key, can be really helpful if you want to recognize the strategies that some folks use to break into flats.

Buying Off Plan Real Estate In Thailand Condominium Acquisition And Escrow

Off plan condominium purchase in Thailand means buying a condo in a planning stage or a condominium not yet fully constructed. The standard payment schedule found in an off-the-plan sale and purchase agreement of a condominium in Thailand is:

1. a reservation agreement with a reservation fee of 100,000 baht (approx 3300 USD)
2. a deposit of 10 to 20% of the purchase price on the execution of the condominium sale and purchase agreement
3. periodical installments during the construction of the condominium with a final installment of 1/12th to 1/20th of the purchase price upon transfer of ownership of the condominium.

Who to pay to?

Paying in escrow for a condo in Thailand means that payments are made to an Escrow Act licensed third party financial institution or bank that will hold the deposited monies till the conditions of the condominium sale and purchase agreement have been met, depending on the contract. The use of escrow services in Thailand for property purchases is not common!!

Generally developers in Thailand DO NOT offer escrow payment arrangements. Property developers in Thailand are under the Escrow Act or new Condominium Act and Condo Act regulations NOT required to offer escrow agreements to consumers. Property developers in Thailand are free to require deposits and installments in agreements without offering any protection for the purchaser payments. There is no legal protection structure in place for realty buyers. This part simply depends on the agreed and accepted contract terms and conditions between the seller and purchaser. If the buyer pays directly into the developer’s account this is an accepted risk he as the purchaser takes.

In 99% of the property development projects in Thailand the purchaser makes the payments directly to the developers bank account. Obviously payment made directly to the developer, as opposed to payments made in escrow, carries some serious financial risks for buyers in case of default by the developer. They risk loosing all. In addition, pre-paying the development, the buyer looses all leverage in case of delay or poor workmanship. At the time of completion the buyer has paid up to 95% of the purchase price and the developer is in a much stronger position and can simply refuse transfer of ownership to the buyer.

The developers company

The standard payment schedule by which the purchase price is paid directly to the developers bank account during the construction or even before the start of a condominium project carries risks of losing your payments in case of default or bankruptcy of the developer.

An important part of this arrangement is the developers company. Is it a large SET listed (Thailand stock exchange) real estate developer or a limited liability company with a low share capital and a poor track record? Limited liability for the developer means limited liability and in case of default there is for the buyers little chance of getting any of the payments back.

The Condominium Act supposed to protect the interests of the buyers of condos in Thailand but does not require the establishment of escrow arrangements in an off-plan condominium development.

Paying directly to the developer in Thailand is taking a risk.

Other Side of the Condominium

Condominiums became popular because of its location, in which Filipinos are given the luxury of living in a home within walking distance away from their workplaces. However, other than this popular benefit, there are also other reasons why condominiums became popular, particularly among many modern Filipino families.

Other Side of the Condominium Condominiums, according to many real estate experts, were first founded as a type of modern housing which can cater to the needs of a modern Filipinos, such as the need for accessibility.

However, other than just its accessibility, there are also other reasons why condominiums had gained a lot of popularity in the Philippine properties. Here are some of those benefits:

Amenities Other than just its accessibility, condominiums can also offer a number of unique amenities that made it popular in the Philippines, such as its own maintenance and security personnel.

According to many experts, part of the reason why condominiums became popular, compared to its predecessors such as apartment buildings and townhouses, is because of its own maintenance and security personnel which assured their residents that their homes will be properly maintained while their safety within the compound is also assured.

In addition to that, condominiums are also the only types of residential Philippine properties in business and commercial districts that can offer residents facilities such as swimming pools, gyms, and sports complexes which made condominiums even more popular in the Philippine market.

Because of those benefits, condominiums quickly rose up from the competition which also led to its rapid growth all over the Philippines.

Condominiums for Families However, other than condominiums found in business and commercial districts, there are also a number of new condominiums which are found around the outskirts of Metro Manila as well as in the provinces. These types of condo in Philippines are known as condominium complexes, which are types of condominiums aimed to offer families a home for their growing children.

Condominium complexes, according to many experts, became popular because of its environment as well as its privacy and security. In addition to that, there are also other reasons why condominium complexes became popular for Filipino families, and that is because of its facilities which can cater to the needs of growing children, such as recreational parks and playgrounds.

Because of the introduction of condominium complexes as well as its rapid growth in the Philippines, condominiums became even more popular because of a new benefit that made it even more unique in the country, and that is its flexibility in terms of providing the kinds of benefits that Filipinos and Filipino families are looking for in a home.

Condominium Ownership Document And Address Registration Tabien Baan

Foreigners buying a condominium in Thailand will receive 2 official government issued documents related to the condominium.

1 the condominium ownership title deed
2 the condominium house registration book

Each condominium unit has a unit title deed issued by the Provincial Land Department or its branch office and a Tabien Baan or House Registration Book issued by the local municipality.

The condominium unit title deed is the official ownership document and its use id proof of ownership. The apartment’s house book primary use is registration of the unit and it’s address and verification and registration of a Thai person’s address living in the condominium.

The normal house book issued for each address in Thailand is the blue version of the Tabien Baan. Foreigners owning a property are usually not registered in the blue book as owner or resident. Opposite Thai nationals foreigners often have an empty blue house book.

There is a separate version of the Tabien Baan for foreigners, the ‘yellow book’. It is possible for foreigners to exchange the blue book for a yellow book if the foreigner meets the requirements for the application. The required documents for a yellow book vary per location but usually require a non-immigrant visa and an ownership document such as the condominium unit title deed, but could also include a work permit or marriage certificate.

A yellow book is unusual in Thailand and it is not necessary for foreigners to exchange the blue book for a yellow book. The majority of foreigners have the blue book together with the ownership unit title deed.

Even though the foreigner is not registered in the house book foreigners usually proof their address through the Tabien Baan and the condominium title deed, or obtain a separate ‘letter of residence’ from the local immigration.

Overall compared to the ownership title deed the house book is not an important document and there is no need for foreigners to exchange a blue for a yellow book.

Sukhumvit Condominium Projects Continue Unabated

Bangkoks property market shows no signs of slowing down in terms of new construction of condominiums as projects along Sukhumvit Road, a top Skytrain route, continue to be launched. The route from the Phloenchit intersection to Sukhumvit Soi 55 or Thonglor is seeing high competition among property developers as they have launched condominium projects worth more than Bt100 billion, with more than 10,000 units.

Since last year nearly 100 projects have been launched in the area by both listed and non-listed property firms. Construction will be complete between the end of this year and 2013, according to a survey by The Nation newspaper last week. Examples are The Clover Thonglor, Le Lux & Sky Walk condominium, Ivy Thonglor, The Trendy Condominium, Noble Phloenchit, Ideo Morph 38, and Aequa.

Condominiums along this route are priced between Bt80,000 and Bt200,000 per square metre.

Luxury residences priced at over 150,000 baht ($5,000) per square metre are located between the Phloenchit intersection and the top of Sukhumvit Road between Sois 1 and 10. From Soi 10 to Soi 55, prices range between 80,000 and 150,000 baht per square metre.

One-bedroom units with a total space of 45-60 square metres are the most popular in this location.

Noble Development president Thongchai Busrapan said that after bookings for Noble Ploenchit opened from June 19-22, the company achieved presales worth Bt7.2 billion, or half of the total project value of Bt14 billion.

“Although this location has high competition, our project is freehold, which is difficult to find in this area, where most projects are for long-leasehold contracts,” he said.

Demand in this location is sufficient to absorb the high number of condominium launches, according to a survey by the Real Estate Information Centre. Since the Skytrain opened in 1999 the whole Sukhumvit area has grown quickly in terms of high-end condominiums and also serviced apartments and hotels. In addition to the condominium projects under construction there are also several five-star hotel currently being built on Sukhumvit Road.

In 2011, the total number of residential units available for sale in Bangkok was 130,282 which included single houses, semi-detached houses, townhouses, condominium units, commercial buildings and land allocated for housing. These projects were not sold out and currently have no problems but at the time of the survey the total units had not been sold and most of the residential projects were only launched shortly before the survey.

Growing demand in this area from both local and foreign buyers who live in Bangkok has driven condominium prices 10-20 per cent higher than their presale prices, depending on how close they are to Skytrain. For example, Ficus Lane on Sukhumvit 44/1, which was priced at 50,000 baht per square metre when introduced in 2005, now sells for 110,000 baht per square metre.

Condominiums on Soi Thonglor that recorded presale prices of about 100,000 baht per square metre now go for more than 120,000 baht per square metre. Condominiums on Soi Ruamrudee priced at 40,000 baht per square metre five years ago have now recently recorded sales at Bt120,000 per square metre.

Flexibility of Condominiums in Providing what their Residents Needs

One of the most popular types of residential real estate in the philippines today are condominiums. Part of what made it popular, according to many Filipinos, is because of its flexibility in which these types of housings can easily offer their residents different advantages that will cater to their specific needs.

Flexibility of Condominiums One of the many advantages of living in a condominium is that residents are given the luxury of living within walking distance from their workplaces. This is because most of these types of housings are found mostly in business and commercial districts, such as in Makati City.

Because of its location, many of its residents found the right type of housing which they can take advantage of, which allows them to live close from their workplaces, making it easier to get to their jobs while avoiding the usual hassles of rush hour.

However, other its location, condominiums are also the only types of housings found in the middle of a busy district that can offer residents amenities such as an indoor swimming pool, gym, as well as a sports complex which aims to lessen the stresses that their residents are usually going through in their work or to provide a relaxing avenue for them to “hang-out”.

But other than the types of condominiums found in these locations, there are also other condominiums that are found far from these cities, which are mostly found around the outskirts of Metro Manila as well as in many popular provinces. These types of condominiums are known as condominium complexes.

A Condominium for the Family What made condominiums a popular type of residential real estate in the philippines is because of its flexibility that allowed Filipinos who requires the location they needed to easily access their workplaces, as well as a location where they can relax and enjoy living outside the busy streets of the city. This is where condominium complexes came into place.

The disadvantage of condominiums in the city is that its lack of facilities that can accommodate the needs of growing children, such as wide open spaces for running, playgrounds, and parks. This is the reason why condominium complexes were established in the Philippines, which aims to offer the kinds of environment that growing children requires in their growth.

The advantage of living in a condominium complex is its environment, which mostly involves peaceful surroundings, wide-open spaces, as well as facilities that offers a chance for children to play safely such as recreational parks and playgrounds.

The only disadvantage of these types of residential real estate in the philippines is that its location is usually too far from the city, which made it harder for its residents to get back to their workplaces.

Enjoying A Propane Fireplace In The Condominium Is Not Undoable Now

A fireplace is the solution for those who want to change the aspect of their home and warm up their living rooms during the cold and snowy nights of winter. Now you can also find fireplaces for apartments because manufacturers have adapted their offer to the needs and expectations of their clients.

If you do not plan to use your fireplace all the time, but make it a piece of interior decoration, instead, you should purchase an electric fire. On the other hand, people who are more likely to use their fireplace for rather functional than esthetical reasons, should resort to gas fires. Irrespective of the type of fireplace you choose, there are plenty of discounts available at the stores during these summer months, so it is worth making such a profitable investment.

You need not worry about gas fires maintenance as they are as easy to maintain as any other type of fireplaces. Producers have designed various models of fires in order to meet the tastes and the needs of their clients, therefore you may find traditional as well as contemporary and modern gas fires at specific stores.

Although setting up a fireplace makes the room more intimate and adds up to a more refined style, the process of building a fireplace is quite complex, starting from the change to the architecture of the room up to the materials and products used in the construction. Spending time in front of the fireplace becomes the perfect place for a family meeting of even a romantic one.

When deciding upon a fireplace, the available offer is unlimited; from gas fires, electric fires, flue less fires, wooden or natural fireplaces to electric or wood burning stoves. The choice for one type is mainly based on the construction constrains such as space or even on the style of the buyer.

The most recurrent problem people face whenever they decide to set up a fireplace in their home is the absence of a proper space to install it. This problem is no longer unsolvable now thanks to the portable gas fire models such as, the outset and the wall mounted gas fire which can be placed wherever the owner wants.

Many people resort to electric fires or other heating equipments because newly built houses in England do not have chimneys. They can, nevertheless, provide their homes with fireplaces as manufacturers have produced a model that does not require a chimney.

Thanks to the new models of gas fire, people who do not want to modify their houses by constructing a chimney can still have a fireplace. These models are endowed with special systems that filter the flue gas and turn it into breathable air or evacuate the toxic gas with the help of an electric fan.

Its time to give up your old stove in favor of a new gas fire as the latter is easier to maintain and it does not represent a danger for you or your family. Ensure a pleasant and safe atmosphere in your apartment and take advantage of gas fire discounts.

Why Buy A Condominium Hua Hin Thailand

Property purchase in country is not a simple issue and yes when it comes to foreigners who wish to buy condominium Hua hin has in store we are awe struck at the various laws and rules the country’s Government has actually bestowed upon foreigners. There are many professional real estate agents who would entice us with the gorgeous condominiums Hua hin has got in the midst of the cool mountains. The price is of course very dear and just with 18,500,000 baht one can have a direct access to a condominium. The bolig til salg in Hua hin would not be much preferred to the world class stylish condominiums because the y are far more better in generating rental income .

The accommodation comprises of a fully furnished 130 square meter area with 2 bathrooms,3 bed rooms [ with air conditioners] in the top floor with the ground floor having an easy access to the pool from the spacious balcony wherein one can just sit and relax while watching the beautiful setting sun in the evenings. The cool breeze from the mountains also allows one to enjoy the air and climate by lazily lying in the launch chairs of the balcony. UBC TV, Internet access, Dish washer, washing machines, DVD, CD players, Hair dryers Beach front and the proximity to super markets and hospitals allows one to thoroughly enjoy the stay in the lovely Thai -European concept embedded condominiums Hua hin. The kitchen has got all the required stuff along with the microwave, refrigerator and these entire sure enables one to cook ones own food in the condominiums Hua hin. Now the “bolig til salg in Hua hin is not much preferred because of its own limitations and the tourists who wish to property purchase in Hua hin prefer the Thai condominiums present within a few minutes of the main city while the houses in the bolig til salg” section would have houses present in varied remote places.

Rent from condominium would allow one to spend for huge maintenance expenses of a condominium. As soon as one lands in the airport the excellent taxi service in hua hin can be accessed with the “hua hin taxi service” tab present in the bottom part of this web page. The service of the taxi drivers and their standard taxi rates allows foreigners to know the standard amount charged with accords to the vehicle type and the chosen destination. For example if you are not a single traveler but a group of tourists in Thailand then the transportation needs would definitely differ. In order to meet such a case the vehicle types available are mini buses/luxurious limousines /budget cars to suit all your transportation needs. Online bookings are possible when the travel itinerary contacts them and give a correct email address/phone number. The prompt quote of prices would inform the tourists to come prepared to meet the varied travel expenses and even the rental rates of condominiums can be got by entering the required information in the contact us form in this very web page.

Condominium Living in Luxury

What is it like living in a condominium unit found in the city, such as those makati condo in Makati City or those high-rising condominiums found in Ortigas Center, Pasig City or in other business and commercial districts in the Philippines?

Living in Luxury According to many condominium residents, living in a condominium such as those found in business and commercial districts offers some of the best luxuries that many modern Filipinos are looking for. One of which is its accessibility to central workplaces as well as popular entertainment districts of the Philippines.

Because of its location, which is found in the heart of some of the busiest business and commercial districts in the country, residents can enjoy a luxury of living within walking distance from their workplaces, allowing them to avoid the usual hassles of rush hour. And because of its location, residents can also easily access popular -hang-out- places around the district such as malls and other popular entertainment areas.

According to many of its residents, though living in one of the busiest districts of the Philippines, these types of housing can still offer the privacy and peace that every Filipino deserve with their home. Another luxury is the view from their own windows of the whole city, particularly at night. These are some of reasons why condominiums, such as the many makati condo, became popular and modern among many Filipinos.

However, other than the luxury of its location, condominium residents have also experienced the luxury of living in one of the most highly maintained and secured housing in the Philippines. This is because condominiums usually have their own maintenance and security personnel.

Its maintenance personnel are usually tasked in maintaining all facilities found in the condominium, while its security personnel assures the safety of all their residents in their compound.

But there are several disadvantages of living in a condominium, in which many Filipino families found these types of housing unsuitable for their growing children. Although many condominiums in the city, such as the many makati condo, can offer a condominium unit which can accommodate a family, these normally lack the facilities that can accommodate their growing children’s needs.

Because of this, a number of new condominiums were established to offer family-oriented environment for a growing Filipino family. These new types of condominiums are known as condominium complexes.

A New Condominium Condominium complexes are normally found in the outskirts or even in the provinces. Because of its location, condominium complexes became popular for its peaceful environment as well as wide open spaces, making it a suitable type of housing for Filipino families. However, what made these types of housing more popular is because of its amenities including swimming pools, gyms, recreational parks, and playgrounds.