Are You Considering These Factors Before Buying an apartment?3605227

If you are a potential home buyer and are yet to choose whether you need a single home or a condo then this article is perfect 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 given to other residents of the housing complex. However, you will find people who are certainly not interested in sharing the aforementioned facilities with others-meaning they would like to enjoy complete ownership of every square inch of the home owned by them. These are the basic individuals who prefer single homes instead of condos. This is a rundown around the factors which you should consider while buying a One-North Eden. Read on!

A few suggests keep in view while investing in a condo!

Location: Location from the condo creates one of the most critical factors judging its suitability. A remotely located condominium - regardless of how cheap it is - would ultimately turn out to be an expensive proposition in the end if you have to avail the help of cars/bus/cabs etc to gain access to the local market, school and clinic. So, you should always be 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 location of the complex, you should always be considering the keeping 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 modify 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 (if any) Though the maintenance (with the amenities, as pointed out above) fee can be shared, it must be remembered it (the maintenance fee) is just too high in the event of some housing complexes. The high fees should infallibly be included in the payment for loan approval.

You need to 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 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 accountable for ensuring that these rules aren't flouted. It is very important for a potential condo buyer to know these rules before selecting the property. Needless to cover, an attorney may be of great help. You should also remember the undeniable fact that there are a few condo associations which aren't approved by lenders due to several factors.

Neighbors: Unlike detached homes, a housing complex requires one to live in proximity with neighbors. You might as well find yourself sharing room walls together as well. Discovering the neighbors (whether at all you would be co-exist peacefully in the same complex or otherwise) would be critical, as well.