Dual-key condo: Analysing the pros and cons

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A dual-key unit is typically 3-5% bigger than a regular condo unit with the same number of bedrooms 🔑

With dual-key units, owners essentially have two self-contained living spaces that share a single foyer and address.

As you can imagine, dual-key condo units are designed to target certain groups of property buyers. Firstly, dual-key units appeal to multi-generation families who want to live under the same roof, but at the same time maintain their own privacy . While dual-key condo units are essentially two apartments side-by-side, these are legally a single property. As such, buyers don’t incur anyWith the Singapore government implementing a hefty increase in ABSD in December 2021, buying a dual-key unit makes more sense to first-time homebuyers and buyers of second and subsequent properties.

Source: News Formal (newsformal.com)

 

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