Living in a luxurious condo is one dream that many Singaporeans have. However, it is not hard to realize that many of such condos come with a hefty price tag.
In a country like Singapore where land is considered as a precious commodity, living in a landed property like a bungalow is something that is extremely luxurious. The majority of the Singaporean population resides either in public-private executive condos or public housing units offered by the HDB.
Whether you are interested in buying or renting an executive condo or a private condo, there are a lot of things besides the prime location, the price and the grandiosity of the building that you have to keep in mind moving forward. Here are a few handy tips that will surely help you make the best use of your money and time while looking for a condo in Singapore:
Check the Current Real Estate Market Trends
A lot of people who are interested in buying a condo in Singapore are not sure of the best time to proceed with their decision. It is the considerate opinion of a majority of property gurus in Singapore that the best time to purchase a condo such as Martin Modern is during the pre-selling time. Usually, the condos that are booked in the pre-selling season increase their value by the time the construction is complete and the possession is given.
Check the Reputation of the Project Developer
There are many private condos in Singapore, but no two are alike. Every condo comes with a different design, price, value, location, and longevity. Depending on the quality of material used and the craftsmanship, some condos will maintain their looks and value for a longer period of time while others will show signs of wear and tear within a short period of time. Therefore, checking the credibility and worth of the project developer is very important if you want a quality condominium unit in Singapore.
Check the Location of the Property
In Singapore, the location of a property matters a lot. Therefore, instead of blindly diving right into buying a private condo, make sure to find out the exact location of the condo and the surrounding property value. You can look for such details online or visit the showflat for more information. The location of a condo matters a lot and you need keep in mind that while convenient, properties with prime locations usually cost more.
Make Sure to Check the Amenities Offered
Once you are done short listing some condos based on the above tips, now is the time to compare the amenities and facilities offered. Some condos may not offer you the luxury of using a private covered car parking or a BBQ pit, but you may get a common car parking and a gym. So, check the amenities which suit you the most before making the final decision.