5 unexpected mistakes homebuyers make when buying a condo

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 59%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Buying a condo is no doubt an exciting time in any Singaporean's life, especially if it's the very first property purchased. Developers do their best to sweeten the deal and drum up fanfare by throwing in crazy incentives to entice buyers, such as winning luxury cars and lucky draws. Mont Botanik Residence gave away $50,000 in vouchers for Jaguar cars...

Buying a condo is no doubt an exciting time in any Singaporean's life, especially if it's the very first property purchased.

Here are five things you need to note before pulling the trigger on what might be the biggest property purchase of your lifetime.Sure, it would be cool to brag to all your friends you live a stone's throw away from a bowling alley or a karaoke room. Or maybe you want to casually mention the golf driving range or communal kitchen that's just a 5-minute walk away, ever so often in your conversations.

Most condos levy a fee of $200 to $300 a month. For luxury condos, that may set you back up to $1000 a month, paid quarterly. Picture this - you pull up to the condo showroom, and you are immediately transported into the home of your dreams. Soft jazz is piped through speakers, the cool temperature is a respite from the sweltering heat outdoors, the lights are warm and inviting, and the furniture is ultra-luxe.But we're here to snap you out of your reverie. Show flats are carefully staged from head to toe by developers with the sole intention of getting you to make a purchase.

Keep in mind that some show flats on the ground or top floor may have higher ceilings and larger balconies, which may not reflect the actual unit accurately. What you see may not be what you actually get.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in PROPERTY

Property Property Latest News, Property Property Headlines