Are You Considering These 4 elements Before Buying a flat?9216421
If you are a potential home buyer and are yet to choose whether you want a single home or a condo this article is for you. People generally be satisfied with condos owing to the fact that the constant maintenance fees of amenities like pool, garden, lawn, badminton court etc are shared with other residents of the housing complex. However, you will find people who are not really interested in sharing the previously mentioned facilities with others-meaning they wish to enjoy complete ownership of each square inch of your home owned by them. These are the basic individuals who prefer single family homes instead of condos. Listed here is a rundown about the factors that you should consider while purchasing a One-North Eden Showflat. Continue reading!
A few exactly what to keep in view while buying a condo!
Location: Location with the condo creates one of the most key elements judging its suitability. A remotely located condominium - regardless of how cheap it is - would ultimately turn into an expensive proposition over time if you have to avail the aid of cars/bus/cabs etc to get into the local market, school and clinic. So, be certain that you're zeroing in with an option after considering this factor closely. In this regard, it must be mentioned that Leedon Green might turn out to be an ideal choice!
Besides, the location of the complex, make sure you are considering the placement of your own private suite within the complex. For example, if your suite is situated too near to party rooms, it's going to lead to inevitable noise concerns. Similarly, the elevation from the suite will affect the street noise factor. Consider lakeville residence at Jurong Lake for a hassle-free living experience!
Cost: The buying price of the condo varies with several factors including
-The location from the condo -Its size -Upgrades (if any) Though the maintenance (of the amenities, as stated before) fee may be shared, it should be remembered it (the constant maintenance fee) is just too high in case of some housing complexes. The high fees should infallibly be included to the loan payment for loan approval.
You need to secure quotes from several condo owners before zeroing in in your choice. If you are buying a resale unit, then make sure you might be closely considering the fees as compared to the similar buildings with units of comparative size.
Regulations and rules: The usage of the apartment facilities is controlled by a set of rules and regulations. The Condo Associations have the effect of ensuring that these rules are not flouted. It is very important for a potential condo buyer to know these rules before choosing the property. Needless to cover, an attorney might be of great help. It's also wise to remember the fact that there are a few condo associations which are not approved by lenders because of several factors.
Neighbors: Unlike detached homes, a housing complex requires you to live in proximity with neighbors. You may as well wind up sharing room walls with them as well. Finding out about the neighbors (whether in any way you would be co-exist peacefully within the same complex or otherwise not) would be critical, as well.