Tag: Condo

Your Checklist When Finding the Right Condo

sky

In a place like Singapore, you’ll be amused as to how vast your choices are when it comes to renting or buying your residence. This comes with now knowing precisely what you are looking for when you are canvassing for a property. As a guide, here is a checklist you can utilize when scouting for properties around Singapore. 

Assess Your Financial Capability

Living alone for the first time can be quite exciting, and at the same time, anxiety can kick in. After you’ve determined you are ready, focus on what’s essential: assess your capability to rent or buy a condominium. Keep in mind that aside from the mortgage, you will have to pay for association dues, taxes, and utilities. Make sure you have money allotted for these future expenses.

Determine Its Locationsky

Once you have assessed your financial capacity, determine the location you desire that would fit your lifestyle. 

Here Are the Things You Have to Consider:

  • Neighborhood’s security – Are there any security cameras available? Are security guards available 24/7?
  • Proximity – Proximity to your workplace will be convenient and would save you extra cash allotted for your transportation supposedly. Consider also the proximity to different establishments like hospitals, supermarkets, and schools. Kopar At Newton is strategically placed in a prime location and offers convenience to various amenities.
  • Traffic – Heavy traffic could eat up much of your time and could result in less productivity and more stress. Consider this when buying and renting your condominium.

Determine Its Reputation

When looking for your future condominium, make sure that the property developer has a solid reputation. If you are dealing with real estate agents, it would also be recommended to check if he or she is a licensed agent and do a background check if possible.

Explore Its Amenities

With the acquisition of a condominium comes with access to luxurious amenities that most residential properties do not offer. Although sometimes, immediate access to each may not always be possible. Are guests able to enjoy the facilities or require an additional charge? Do reservations have to be made? An amenity may be a bonus, but remember that a huge number of residents share the same benefit.

girl

Familiarize Yourself With House Rules and Regulations

There are lots of questions asked by first-time condo buyers. What is the maximum number of tenants or guests allowed? Are pets allowed? Until what time is the curfew? Are parties allowed? Living in a condominium is a shared responsibility that is why rules and regulations are strictly enforced. 

These are just a few things that could be asked and considered when buying your condominium for the first time. Consider every possible risk and benefit so that you are more than prepared to start your new life. 

Continue Reading

Things to know before buying a condo

modern house and view

When you decide to have a place you can call your own, buying a condo is the cheaper option compared to buying a home. In the long run, buying a condo is also cheaper than paying rent. When you consider factors like afford ability and convenience, condos are the way to go.

Many people have realized this and ventured in the real estate business to make condos available for the growing market. This has made it more difficult for buyers when it comes to making the decision on which condos to buy. Most towers that host condos are beautiful and this might also make it hard for you to choose.

However, with the following things in mind, you will make a wise decision.

Amenities

home areaBefore buying a condo in Mississauga, it is imperative to find out all the amenities available in the towers. This will help you know what exactly you are paying for. Additionally, the amenities should meet your needs. For example, if you love exercising, you might prefer purchasing a condo hosted in towers where a gym is available. Something worth noting is that, the number of amenities does not always influence the cost of a condo. Some condos with fewer amenities cost higher than condos with more amenities.

Location

The location of the condo matters a lot. When you set out search for a condo to purchase, you should consider its accessibility and convenience. Convenience should be in terms of its location in relation to your place of work and social amenities like hang out joints and shopping malls. If you have a kid/s, you should consider its proximity to your kid/s school. Another thing to consider is accessibility which will be determined by your means of transport. If you own a car, how convenient is the place for car owners? If using public means, how near and convenient is the bus terminus?

Community and Environment

The other thing to know before buying a condo in Mississauga or any other place is that the community and environment matters. If it is possible, find out who your neighbors will be. For example, if you are an old couple looking to enjoy a quiet retirement, you would not want to have very youthful neighbors. They are on the height of enjoying their life and hence noise might be inevitable. Additionally, consider the environment around in terms of cleanliness, noise pollution and congestion.

Reputation of the developer

Find out everything about the developers before buying a condo. Their history and success of other properties they have developed before. You can get online reviews which you are guaranteed will be honest. You can also go a step further and visit their other properties and find out from the owners. Ensure they are reliable and are known for eminence.

Regulations and Rules

callingWhen it comes to condos, there are rules and regulations that all tenants must adhere to. This is because it is a shared property and every tenant has to be comfortable living there. Ask about their rules on decor, pet ownership as well as their policy on visitors among other things. This will see to it that you know, understand and are comfortable with these rules before you purchase the condo.

Continue Reading