We have cited a number of advantages of staying in a condominium. It is also a good start for those who want to practice independent living. Although a lot of people can really cope-up and survive in the set-up, there are still some individuals who are not yet open with the idea of living in condominiums.

Even if the security is tight in a condo, there are also some safety risks especially to those who are living on the 20th or even the 60th floor. They will be the first one to get affected ones natural disasters such as cyclone and earthquakes would strike. The cost of condo units and association fees is no joke. If you are not financially ready, then this is not for you.