Most of the high-rise condo projects coming up in the last few years all seem to be aimed at the higher-end of the market. Most of these condos are designed with amenities and features aimed at the luxury market of the jet setters. The hotel-condos projects are aimed at giving residents even more facilities normally obtained only at a luxury hotel. Most of these homes running into millions are out of the budgetary range of ordinary folks.

But, now developers are coming up with new projects aimed at the middle-income groups. The land is getting scarcer and population continues to grow rapidly. People need homes and these vertical towers seem to be only hope. These high-density projects, which are slightly more expensive, then the median prices offer residents a range of features that were previously the sole preserve of the luxury homes.

Others feel with the great demand for high-rise condos from around the world it is the safest investment and good way to provide for her retirement. Many would like to move into these homes, as they grow older far from the suburban life that involves yard work and pool cleanings.

This entry was posted on Tuesday, July 19th, 2005 at 12:44 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.