A condominium unit can be your best housing solution. First, living in a condo will give you access to some amenities that will be too extravagant if you attempt to have them in a traditional house. Besides, if you’ve been moving from one country to another, you’d realize how temporary residency is the only option available for both expats and locals, such as in Singapore. In that case, the know-how of choosing apartments or condos becomes invaluable knowledge. And here, we’ll discuss four factors of that know-how.
Suggestions from Local Property Agencies
First, if you plan to move to a new area, listen to what the locals say. And in terms of choosing a property, there will be no other suggestions you need to hear other than the ones from local agencies.
However, receiving inputs from agencies does not mean that you do not select them. You should consult several agencies first and find the patterns. Usually, paperwork, condo rules, and price negotiation are three variables that will be discussed by your agency.
Location
The second important factor to think about is the location of the unit. Condos and apartments are only beneficial if they are located in a business district because there is where the land price is soaring high. However, some property developers may market their units as an investment chance because the location has not yet been a center for economic activities. In this case, you should trust your own reading and evaluation on the possibilities.
Facilities
As mentioned in the opening paragraph, facilities make apartments and condos special. You should survey several of the available units in your desired area, and you should compare the facilities in each of them. Remember, do not make a rash decision because you will undoubtedly regret it once you later find out that there is a cheaper unit with more amenities.
Moreover, don’t simply believe what the brochures tell you! Visit the location and see for yourself how functional and maintained the facilities are. This step is necessary so that you can precisely get what you have been promised.
Condo Rules
Most condo rules deal with the limits of permissible remodeling on the unit. You may not be able to install a new air duct, change the door’s paint, or replace the window frames in the room. These rules vary from one condo to another. And thus, you’d better make sure that you can comply with everything that is written by the condo management before you sign the lease contract agreement.…