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5 Important Factors To Consider While Shopping Around For a Condo

Condo living has become a status symbol in Singapore as everyone wants to move to a condo unit from a subsidized home. The Hundred Palms Residences @ Yio Chu Kang Road has 9 blocks with 15 storyes and The Residential site at Lorong 1 Realty Park has the most flexible rules and regulations.

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5 Important Factors To Consider While Shopping Around For a Condo

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  1. 5 Important Factors To Consider While Shopping Around For a Condo Condo living has become a status symbol in Singapore as everyone wants to move to a condo unit from a subsidized home. But most buyers don’t know what how to choose right condo type and development. While price remains the biggest concern of buyers, they make many mistakes while comparing prestigious developments like Hundred Palms Residences at Yio Chu Kang Road with others. Here’re some tips for homebuyers 1. Know your developer When you buy a residential unit, you invest in a development. A real estate company is a business entity with a vision and mission. When you invest on a development, you believe on its ethics and work. Before making an opinion on a housing community or even before you visit that area, you should know the developer behind the development. For instance take Hundred Palms Residences at Yio Chu Kang Road. It is developed by Hoi Hup Hougang Development Pte Ltd. 2. Determine area and unit type Starting from small studio flats to large penthouse suites, a condo complex could have units of different types and sizes. Which residence type suits to your needs depends on two factors – need and budget. Here you need keeping your future needs in mind and also you should make sure that the investment doesn’t make a hole in your pocket. The Hundred Palms Residences @ Yio Chu Kang Road has 9 blocks with 15 storyes. There are only 4 units in each block and all the units face NS direction. 3. Learn about the payment options Finding a condo and choosing a type won’t be a problem as there are many options but what matters most is payment. You will buy the property that fits into your pocket. You can borrow loan but there is a limit to borrowing. Also some developers would want to make full and final payment. Properties like residential site at Lorong 1 Realty Park can give you some time to arrange funds. 4. Get information about loans and insurance schemes 99.9% buyers need time to arrange funds and they buy homes on loans. Only a small number of buyers are able to provide full payment at the time of home buying. When you want to borrow loan for property buying, you need shopping around and comparing loans. Also you should explore insurance plans to secure your property. If you are buying property at residential site at Lorong 1 Realty Park, you have much time to explore loan and insurance options. 5. Understand the rules You are going to be a proud resident of a prestigious development. You are happy as you can buy the property and lead a luxurious life but do you know about its rules. The Residential site at Lorong 1 Realty Parkhas the most flexible rules and regulations.

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