Condominiums may become the alternative residential community in urban areas. The availability of land that is increasingly limited and the increasingly congested road conditions make vertical housing a choice of residence. This condition is used by some parties to gain money by renting out condominium units. The target is diverse: employees, factory workers, to students. Meanwhile, if you need a good condo in Singapore, we recommend you to check out the Parc Clematis condo showflat.

However, buying a condominium is different from buying a house. A number of things need to be considered by consumers and novice investors:

Location

Choose a condominium near your workplace or other routinely visited places. Some accesses must also be considered, such as being close to public transportation lines and other public facilities, such as shopping centers, hospitals, places of worship, schools, and others. In the meantime, if you want a condo in a strategic location, you may buy a Parc Clematis condo showflat.

Maintenance cost

Another thing that must be considered is the number of maintenance costs (service charge & sinking fund) that must be spent every month.

Purchase price

The price of a condominium unit is varied, it is depending on location, floor location, view unit, and facilities. Usually, developers sell condominiums in semi-gross area size – which has a difference of 8% – 15% greater than the original size of the condominium unit. Additionally, if you want to buy a condo with a fair price, you may want to take a look at the Parc Clematis price.

Developer

Building a condominium requires complex procedures and permits. Therefore, developers must have a guaranteed reputation, so that you may avoid fraud, false promises, and so on. In addition, the reputation of the building contractor and consultant must also be known, because it concerns the quality and aesthetics of the building.

Safety and comfort

The facilities contained in the condominium show the level of security and comfort of the occupants. For this reason, the available facilities must be known from the start.

The standard facilities of a condominium are occupant and guest parking areas, elevators, surveillance cameras (CCTV), parks, swimming pools, sports facilities, clubhouses, restaurants or cafes, and also minimarkets.