Once you’ve decided to buy a condo unit for yourself, the problem of choosing the right one arises. This task can be quite challenging as there are various things you need to consider in choosing the perfect condominium for yourself.
For first-time real estate property buyers, we’ve listed a number of things that you need to consider before you pull the trigger on buying a condo unit.
Know your budget
This is probably the most important thing you need to keep in mind when choosing which condominium development to buy from. Know how much your budget is and try to have an idea how much the condo unit will cost. This is not just confined to the down payment and monthly amortizations, estimated monthly utility bills should be considered as well.
Consider the location of the development
Part of the reason why people gravitate towards condominium purchase is the location of most of the developments, like with Piermont Grand Punggol EC. Most condominium buildings are built near or in a business district, which advantageous to people who work there. Consider the location of the development before buying one. See if the location will work for you and if it can help ease up your traveling and commute woes.
Research about the developer
Familiarize yourself with developers’ previous projects. This will give you an idea on the quality of their works and design. This way, you’ll know that your hard-earned money will be entrusted to a reputable developer.
Ask about the rules on the development
Different developments have different rules that condo owners should abide by. If you have a pet, ask if the building will allow keeping of pets in the unit and the rules surrounding pet keeping in the building. Knowing this will help you figure out which developments you can live in with rules that doesn’t conflict your lifestyle.