With its bounded physical land and growing population, how to find the right condo in Singapore will get much tougher than you think. Selecting the most suitable home for you and your family requires the greatest patience and farthest diligence. Imagine that on top of expanding your finances, you will have to deal with several challenges, like finding the perfect locality, choosing the right amenities, reviewing the neighborhood, determining the unit type, and many more.
Location is extremely crucial
Although small, Singapore is a complete advance country. Narrow down your choices when looking for a luxury condominium Singapore by determining which locality to live in. Singapore is split into 5 regions - Central, North, North East, and East and West regions.
Don’t depend on the brochure map as they could be misleading, so visit the physical area of the condominium to inspect it yourself. If you don’t own a car, look for a condominium that is good with transportation options.
The condo type and unit
High-rise condominiums are likely to be upscale while low-rise condos feature a more cherished neighborhood experience. If you are going to live with your parents or grandparents, low-rise condominiums would be more viable. But if you are a bachelor or young couple, selecting a high-rise building would surely support your desires. Considering the right condo unit is equally significant, a 1BR suite is best for couples while those with joint family might want to contemplate 4BR units.
Premium condo facilities are pricy
Most of the time, condominiums are associated with luxurious facilities one would require for luxurious living, like a Tennis court, sauna, gym, pool, BBQ pits, multi-function rooms, and much more. While they may sound enticing, premium condo facilities frequently add up to the buoyant price tag of the flat. If you would don’t need any of these premium facilities, selecting a condo with complete amenities instead of premium amenities will save you thousands of dollars.
Look for the community’s available facilities
In connection to the above-mentioned tip, be instructed that within your community are public facilities you can utilize for tranquility and entertainment purposes.
Why would you require a modern gym in your condo if there’s a nice gym right across the street?
Why do you need a beautiful green garden within the building premises?
If that’s the case, check if there’s a lake or water park nearby.
Community facilities might change depending on the locality, so it would be wise to inspect them first before determining whether to grab or not to grab the offered facilities.
Fix the price you can afford
Following this Singapore condo purchasing tips is the accessibility of your funds and assets. Condominiums are not inexpensive, depending on the layout and locality each unit can go anywhere from 6-digit up to a few million. It is equally clever to consider the supplementary expenses you might run up on your purchase, like parking fees, insurance, taxes, maintenance fees, and things like that. Remember that fixing your price limit while looking for luxury condos for sale and following it strictly, is very significant.
Oblige the agent to show all available units
Some real estate agents will only display the units they want to sell. Bear in mind that this is a very usual practice on property selling as the agent’s commission depends on the type of unit they will promote and eventually turn it into a sell.
So, how to steer clear of such a devious tactic?
Just ask the agent to provide you with the unit availability board, which will exhibit all units that have been sold out and those that are still obtainable.
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