How do you find the right condo?
There are many luxury condo projects like Kovan Treasure being built in Singapore right now. But if you're looking at investing in one of them, how do you know which one to go with? You would obviously want to go with the cheapest priced one, right? But it isn't a good idea to compromise on quality just to save a few bucks. So the million dollar question is, how do you get the best condos at the cheapest prices? Well, here are a few tips:
- Pre-launch: The best time for you to get in on any project is before it is launched. This is when developers offer the lowest prices per square foot and you can get some amazing deals. Discounted pricing isn't the only advantage of getting in at the beginning either. You will also get an opportunity to be involved in the construction of your condo and could change things around to give your condo a personal touch.
- Developers: Even if you aren't able to get your foot in the door during the pre-launch, you can still get a pretty decent discount on condo units if you spend some time talking with the developers. You need to gather as much information regarding the pricing of the condos and how it is determined. For example, you will realize that the location of a condo goes a long way in determining its price. If you could save some money by choosing a condo which is a little out of the way, go for it. You may have to walk a little bit more, but you may get a good discount on the sale price.
- Mailing lists: If you're the kind of person who likes to invest in properties then you should consider subscribing to mailing lists so you can be informed of all the latest property launches. This will ensure you can plan your finances accordingly and get in at the grass-roots level.
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