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What is the difference between an apartment and a condominium

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Discover the key differences between an apartment and a condominium:
Apartment:
- Generally part of a building with 4 storeys or less.
- Upper floors are accessible by staircase only, as no lifts are provided.
Condominium:
- A housing development with a minimum site area of 0.4 hectares.
- Maximum site coverage allowed is 50%, including covered car parks.
- Comes with facilities like a pool, gym, and landscaping.
- Only residential developments comprising purely apartment units and complying with condominium guidelines are approved as condominiums.
Understanding these distinctions can help you make an informed decision when choosing your next home.