Are You Considering These Factors Before Buying an apartment?2323548

If you are a potential home buyer and are yet to choose whether you need a single family house or a condo this article is perfect 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 shared with other residents from the housing complex. However, you will find people who are not really interested in sharing the previously mentioned facilities with others-meaning they would like to enjoy complete ownership of each square inch of the home owned by them. These are the basic individuals who prefer single houses instead of condos. This is a rundown on the factors that you should consider while investing in 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 of how cheap it really is - would ultimately turn into an expensive proposition in the end if you have to avail assistance from cars/bus/cabs etc to gain access to the local marketplace, school and clinic. So, be certain that you're zeroing in with an option after considering this factor closely. In this regard, it must be mentioned that Leedon Green might grow to be an ideal choice!

Besides, the location of the complex, make sure you are considering the placement of your own private suite inside the complex. As an example, if your suite is found too near party rooms, it's going to lead to inevitable noise concerns. Similarly, the elevation of the suite will affect the street noise factor. Consider lakeville residence at Jurong Lake for any hassle-free living experience!

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

-The location from the condo -Its size -Upgrades (if any) Though the maintenance (of the amenities, as mentioned above) fee could be shared, it must be remembered it (the constant maintenance fee) is just too high in the event of some housing complexes. The top fees should infallibly be included in the payment for loan approval.

You need to secure quotes from the 3 condo owners before zeroing in on your own choice. In case you are buying a resale unit, then make sure you are closely considering the fees in comparison to the similar buildings with units of comparative size.

Regulations: The usage of the apartment facilities is controlled by a set of regulations. The Condo Associations have the effect of ensuring that these rules are not flouted. It is very important to get a potential condo buyer to understand these rules before choosing the property. Needless to cover, an attorney could be of great help. You should also remember the undeniable 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 one to live in proximity with neighbors. You may as well wind up sharing room walls using them as well. Discovering the neighbors (whether in any way you would be co-exist peacefully in the same complex or otherwise not) would be critical, too.