The Checklist: What to Look for When Buying a New Condo

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SG buying new condo

Purchasing a condo can be a very exciting venture since you get to explore the different options that are out there and determine what would suit you best. However, do you know what to look for when it comes to picking condos for sale on sites like DDProperty? Price is a factor, but what about location, amenities, furnishings, and the policies of the admin of the building? Sometimes a condominium building may look great on the outside, but the units inside could be tiny. Are you okay with living in a small condo unit that is closer to where you work or do you prefer a bigger condo that is farther away? There are many details that you should consider before purchasing a condo and, hopefully, by the end of this article, you will have a good idea of what to look for and what to avoid.

Location

The most significant detail about getting a condo unit is its proximity to well-known areas of the city. No matter how large or comfortable it is, if the location is terrible, then it isn’t worth it. The following are a few details to consider when choosing an apartment building based on its location:

a.) Proximity to your job

The first factor that you should keep in mind is how close the condo is to where you work. One of the great things about city living is that it allows you to have a shorter commute compared to living out in the suburbs. However, since most people work in office buildings that are in the central business district of a city, this means that the closer the building is, the higher its price will be. Before committing to any condo unit, you need to be sure that the price matches what you can pay. If not, there is nothing wrong with choosing a condo that is located a bit farther away that is more affordable.

b.) Proximity to Malls and Supermarkets

People require something to do outside of staying in their condos and going to work. How close your apartment is to local malls and supermarkets can dictate the amount of leisure time that you can have. For example, a condo located a few minutes away from a mall cuts down on your commute, this lets you spend more time buying food, clothes, or eating at a restaurant. On the other end of the spectrum, if the apartment is located farther away from a mall, your commute could be considerably longer since you need to take into account the amount of time going there and the time spent commuting back. Such a situation can cut your leisure time in half and is quite troublesome. When selecting an apartment building, you need to decide if its proximity to places where you like to eat and relax is sufficient or if you should look for a condo that is located much closer.

c.) Proximity to Local Schools

If you have a family, the proximity of the apartment building to local schools is critical since this can profoundly influence your schedule. If the condo unit is close to where your children go to school, you can wake up later in the morning since travelling there won’t be an issue. However, if the apartment is an hour or more away, then you’ll have to get up at an uncomfortably early time to bring your kids to school.

d.) Proximity to Hospitals

Sudden bouts of illness can happen at any time, getting to a hospital when this comes about is at the top of anyone’s to-do list; however, what happens if the hospital is two hours away from where you live? If you have a history of medical problems, you should choose a condo unit that is near a hospital. By doing so, you limit your commuting time and thus get medical help that much sooner.

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Pets

Some condos allow pets while others have strict rules regarding the type pf pet that you can bring in. If you are someone that owns a pet and want to take it with you to the condo, you should check with the developer or building administrator whether that type of pet is even allowed. Committing to purchasing an apartment, only to find out later that your pet can’t stay in the building, is a very aggravating experience since you now have to choose between your pet and your condo unit.

Grease Traps

The one detail that you should avoid when it comes to purchasing an apartment are units that come with grease traps located underneath the sink. A grease trap acts as a way to prevent pipes in the building from developing blockages by isolating the source of the fats, oils, and grease to the apartment where they originated. The problem with this idea is that these waste products tend to accumulate within the grease trap, this can result in a rotten egg smell permeating your apartment. The only way to get rid of it is to clean the grease trap yourself, which can be an awful and miserable experience. Always opt for condo units that don’t use individual grease traps in the units, instead go for buildings that clean out the pipes themselves through the utilization of a variety of solvents.

Amenities

While the lobby and units of a building may look great, the amenities may sometimes be subpar or inadequate. You can see cases like this in apartment buildings within the business district where the developer compromised on the size and type of amenities available to increase the number of units sold within the building. When you go to an apartment building to take a look at the condo units, always check whether the amenities are sufficient for your needs. Is there a large pool area with a jogging path and plenty of chairs? Is there adequate parking? Is the gym fully equipped with proper weights and cardio equipment? These are questions that you should be asking when looking around. If you aren’t satisfied with what you see, then don’t buy a condo unit in that building.

Size

Another important aspect of purchasing a new condo unit is its size. You should only get the amount of floor space that you need, the larger the apartment, the higher the expenses that come with it. For instance, if you are living in a condo unit, you are not only paying your utility bills, you also have to consider the association dues of the building. The associations dues are calculated based on the floor area of your unit, resulting in apartments with more space having higher association dues compared to their smaller counterparts. There is also the issue of adequate cooling and heating. If you have a large condo unit, it will take that much longer for your air-conditioning unit to make it cold, this can lead to higher electricity bills due to the longer hours of operation.

Purchasing a condo unit is not that difficult; however, getting one that is perfect for your needs requires some level of planning and examination. As long as you follow this guide, you should be able to make the right decisions regarding the right condo for you.