Factors that Affect Your Choice of Executive Condominium

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Though Singapore condos are famous for their superb location and they usually take the appearance of the neighborhood. Some features of the Rivercove residences EC location come with seaside settings to enable you to have the amazing view of the colossal sea. You will definitely enjoy the view of the rising sun reflecting over the sea. You should keep in mind that there would be the presence of hospitals and schools close to the area.

Money matters

Plan your budget and decide the money range before looking for the ideal choice. Due to the increase in the number of executive condominium available for sale you have numerous options that you can get at an affordable price rate. You are advised to opt for the one that gives you the best value for your money.

Research

Endeavor to do a comprehensive research about the facilities, price, design, locality, transportation facilities and amenities. The internet can be of immense benefit to you or you can seek the assistance of any friend who has the knowledge about a condo. However, you are advised to bank on visual communication and endeavor to visit the various sites.

Amenities

Confirm if the amenities are intact before acquiring the facility. There are numerous facilities that can make you have the best of time.  Check for some facilities such as swimming pool, gym, running track, parking place, clubs, elevators, security lobbies, interiors and floor plans. You are expected to consider these factors to get the best deal.

Project Developer

It is also important that you get to know the profile of the condominium’s project developer. You don’t want to spend millions only to discover that your project developer isn’t as reliable as what you’ve been expecting of. Making sure that you buy a quality condominium is an important factor to consider. Hence, make sure that you do real proper research in tracking down the records of your project developer and making sure that they are well-known for complying with time. You might want to check their previous projects to validate the developer’s credibility.

Date constructed

You should also know the date of the property before you decide to buy. While new flats are equipped with high-end technology, brand new furniture, and home appliances, if there had been so little community on it, you can’t prove if it’s worth living in the area.

Compared to buying resale flats, rest assured that the community is proven and tested. You can save a lot of money in the long run, and all you need to do is adjust in an already established community. You don’t want to buy a brand new flat only to discover that you’re the only resident in the area.

Level of noise and heat

What’s the point of living in a luxurious condo if you can’t sleep well at night due to the noise brought by the traffic? Or the baby next door? You might want to visit the condo unit at different times to inspect if the noise is tolerable or not. This is important especially if you are planning to buy a condo unit to relax or focus on your work.

Aside from that, you might want to avoid units that are facing directly to the sun. The heat can be unbearable in late mornings and early afternoon. Also, avoid choosing a unit that is located on major highways if you don’t want to suffer from extreme heat when you moved into your condo later on.

Maintenance

Once you’ve bought the unit, you will sign a contract that states you are now a resident of the community. Thus, you are required to pay the maintenance fee. The fee must be reasonable and it should be stated in the contract how the money gathered will be spent in upgrading the amenities, facilities, and separate units as well. If you are going to buy a luxurious condo, your maintenance fee will start up to $1,000 every month. However, an average condo unit will only charge starting from $200. Hence, if you really want to live in a luxurious condo unit, make sure to check the maintenance fee first to see if you can afford it without compromising your utilities monthly.

These are the factors that you need to consider when buying a condo. Property investment is one of the major investments that you are going to do in your life. Make sure that you’re going to choose the right condo. Take as much time as you want because buying a property is never done overnight.

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