Are You Considering These Factors Before Buying a flat?7416205

If you are a potential real estate buyer and are yet to decide whether you need a single family home or a condo then this article is made for you. People generally be satisfied with condos owing to the fact that the maintenance fees of amenities like pool, garden, lawn, badminton court etc are distributed to other residents from the housing complex. However, there are people who are certainly not interested in sharing the aforementioned facilities with others-meaning they would like to enjoy complete ownership of each square inch of the house owned by them. These are the basic individuals who prefer single homes instead of condos. Listed here is a rundown about the factors that you simply should consider while investing in a One-North Eden. Keep reading!

A few suggests 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 really is - would ultimately turn into an expensive proposition over time if you have to avail assistance from cars/bus/cabs etc to get into the local market, school and clinic. So, be certain that you're zeroing in on 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 location of the complex, make sure you are considering the keeping of your own private suite inside complex. For example, if your suite is found too near to party rooms, it'll lead to inevitable noise concerns. Similarly, the elevation with the suite will affect the street noise factor. Consider lakeville residence at Jurong Lake for a hassle-free living experience!

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

-The location with the condo -Its size -Upgrades (if any) Though the maintenance (from the amenities, as stated before) fee may be shared, it should be remembered it (the constant maintenance fee) is simply too high in the event of some housing complexes. The high fees should infallibly be added to the payment for loan approval.

You need to secure quotes from several condo owners before zeroing in in your choice. If you're buying a resale unit, and then make sure you're closely considering the fees when compared to the similar buildings with units of comparative size.

Regulations and rules: The usage of the apartment facilities is governed by a set of regulations. The Condo Associations have the effect of ensuring that these rules aren't flouted. It is very important for any potential condo buyer to know these rules before selecting the property. Needless to mention, an attorney might be of great help. It's also advisable to remember the proven fact that there are a few condo associations who are not approved by lenders due to several factors.

Neighbors: Unlike detached homes, a housing complex requires you to live in proximity with neighbors. You may as well end up sharing room walls using them as well. Learning about the neighbors (whether in any way you would be co-exist peacefully inside the same complex or otherwise) would be critical, also.