Are You Considering These 4 elements Before Buying a flat?6059957

If you are a potential real estate buyer and are yet to decide whether you want a single home or a condo this article is made for you. People generally settle for condos owing to the fact that the constant maintenance fees of amenities like pool, garden, lawn, badminton court etc are distributed to other residents of the housing complex. However, you will find people who are not necessarily interested in sharing these facilities with others-meaning they want to enjoy complete ownership of every square inch of the house owned by them. These are the individuals who prefer single homes instead of condos. Listed here is a rundown around the factors that you should consider while purchasing a One-North Eden Showflat. Keep reading!

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

Location: Location from the condo produces one of the most important factors judging its suitability. A remotely located condominium - regardless how cheap it's - would ultimately grow to be an expensive proposition in the long run if you have to avail the help of cars/bus/cabs etc to get into the local marketplace, school and clinic. So, make sure you are zeroing in with an option after considering this factor closely. In connection with this, it must be mentioned that Leedon Green might grow to be an ideal choice!

Besides, the position of the complex, be certain that you're considering the keeping of your own private suite within the complex. For example, if your suite can be found 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 any hassle-free living experience!

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

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

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

Regulations: The usage of the condo facilities is governed by a set of rules and regulations. The Condo Associations are responsible for ensuring that these rules aren't flouted. It is very important for any potential condo buyer to comprehend these rules before selecting the property. Needless to say, an attorney might be of great help. It's also advisable to remember the fact that there are a few condo associations which aren't 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 find yourself sharing room walls together as well. Discovering the neighbors (whether whatsoever you would be co-exist peacefully in the same complex or otherwise not) would be critical, also.