Are You Considering These 4 elements Before Buying an apartment?8777591

If you are a potential buyer and are yet to determine whether you desire a single home or a condo then this article is made 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 distributed to other residents with the housing complex. However, you will find people who are not necessarily interested in sharing these facilities with others-meaning they wish to enjoy complete ownership of each and every square inch of your home owned by them. These are the basic individuals who prefer single houses instead of condos. This is a rundown on the factors which you should consider while purchasing a One-North Eden Singapore. Continue reading!

A few points to keep in view while buying a condo!

Location: Location of the condo creates one of the most important factors judging its suitability. A remotely located condominium - regardless how cheap it's - would ultimately turn into an expensive proposition over time if you have to avail the help of cars/bus/cabs etc to gain access to the local market, school and clinic. So, make sure you are 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 positioning of the complex, be certain that you're considering the keeping your own private suite within the complex. For example, if your suite can be found too near to party rooms, it will lead to inevitable noise concerns. Similarly, the elevation with the suite will get a new street noise factor. Consider lakeville residence at Jurong Lake to get a hassle-free living experience!

Cost: The price of the condo varies with several factors including

-The location with the condo -Its size -Upgrades (or no) Though the maintenance (with the amenities, as mentioned above) fee can be shared, it ought to be remembered it (taking care fee) is just too high in case of some housing complexes. The high fees should infallibly be included to the payment for loan approval.

You should secure quotes from the 3 major condo owners before zeroing in on your choice. If you're buying a resale unit, and then make sure you are closely taking into consideration the fees when compared to the similar buildings with units of comparative size.

Rules and Regulations: The usage of the condo facilities is governed by a set of rules and regulations. The Condo Associations are accountable for 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 may be of great help. You should also remember the fact that there are a few condo associations which are not approved by lenders owing to several factors.

Neighbors: Unlike detached homes, a housing complex requires you to live in proximity with neighbors. You might as well end up sharing room walls together as well. Learning about the neighbors (whether in any way you would be co-exist peacefully in the same complex or not) would be critical, also.