Singapore New Launch Condo – A few tips
Have you been on the hunt for the perfect condo in this beautiful bustling city. With plenty of high-risers coming up almost every month, you are sure to find a place that suits your taste, while also being affordable. We know it may not be as easy as it sounds, especially if this is the first time you are entering the real estate market. If you know where to look and how to go about choosing the right condo, it will all be a breeze.
Allow us to provide you with a few tips on how to find the perfect condo to call your own.
What You Should Know
As with any type of residential premises, condos come with their own set of pros and cons.
For one, condos are generally much smaller than houses, especially if you are working with a smaller budget. Houses are often in close proximity to one another. Condos tend to be much more noisy due to the numerous amount of houses in the building and you are sure to have lots of neighbors, with disagreements being prone to arise more often than not. Restrictions may also be placed on whether you can have pets, the number of occupants in the unit, and so on. Moreover, if you are opting for a built condominium, you will not have a say in the décor; this includes the layout of the house, the type of windows installed and other fixtures and fittings.
Understand the rules of the condo you are interested in, before you commit. This means reading documents regarding maintenance and any guidelines laid down for occupants.
The pros to condo living are plenty. Who wouldn’t want to leave behind gardening woes and major repairs for a smaller, fancier place? Based on the location of your condo, you may also have round-the-clock security and maintenance facilities to make your life more peaceful. Most Singapore New Launch Condo accommodations do come with these perks. Additionally, recreational amenities such as a gym, swimming pool and games’ room would ensure that your daily fitness routine is sorted. Having lots of neighbors must not be discounted as a complete disadvantage. It’s great for socializing, plus it creates a vibrant community.
A service fee would be charged for these facilities and up-keep of the premises however, but you can always choose to look for a condo that is budget-friendly without too many extra services, which is not hard to find among Singapore New Launch Condo arrangements.
How to decide if its right for you
Remember that condominium living may not be for everyone. It would be right for you only if you like living in small spaces, or have only just moved out of your dorm room. Typically, elderly couples would find such quarters the most suitable as it’s easy to maintain. It would also be ideal for singles or couples who are just starting out, with the intention of investing in a bigger house later.
If you prefer something safe and compact and feel comfortable surrounded by lots of other houses, this would be the right type of Singapore New Launch Condo accommodation for you.
Keep in mind that you may also rent condos, rather than having to one, which is great as a temporary solution for your accommodation woes.
Condos are generally cheaper than houses, but may not necessarily be easy on the bank balance. As mortgages for such accommodation is usually less as well, you may want to consider taking out a loan to aid your purchase if you are looking to buy a condo.
Most Singapore New Launch Condo complexes also offer easy installment schemes, whereby you can pay in parts, after making an initial lump-sum payment. Look out for this option when talking to condo managers.
With the busy lives that most people tend to lead today, condos are a very attractive option. Once you find the right condo, you are sure to adjust to the place quickly as you begin to enjoy its many perks. With all the different condo options available in the real estate market, you are sure to find something that you would like. You can always make an appointment at the condos’ on-site office to have a look at the condominium and learn more about what it has to offer.