How to Choose the Right Pre-Sale Condominium

Pre-selling condominiums mean a project in the form of a land that will be built by a condo, but because the building does not yet exist, the developer offers several people to invest in this project. Of course, the advantage is that the pre-sale price of this condo is relatively cheaper because there is no land dredging process. In the meantime, perhaps you should visit Mayfair Modern showflat if you’re looking for a great Condo in Singapore.

Of course, as a wise prospective buyer, it’s a good idea to get to know the potential of even the existence of a condo through a number of tips to choose the pre-selling condo that is right for you.

‘Clean’ finance

We choose the term ‘clean’ because you have to prepare financially structured. First, before buying a pre-selling condominium unit, someone usually estimates the amount of down payment (DP) that must be paid in advance. Of course, if the finance is not qualified, it will usually borrow from the bank for a certain amount of money. And the bank will check your financial history. Are you the right type of loan or discipline.

Choosing Locations Wisely

Close to the city center? Not always condominiums will sell in the city center, but some future tenants prioritize quite quiet areas, of course, which are easily accessible by transportation. Or choose pre-selling condominiums in well-known tourist areas. Bali, a number of pre-selling condominiums from some trusted developers will also be built here.

 Think Long Term!

If you want to buy pre-selling condominiums for potential profits in short? Think again. Because condominium ownership is generally carried out for the investment of five or even the next 10 years. Of course, this is related to the selection of condominium locations. So be sure to find related information about the infrastructure that will be built in the future around the condo.

Careful in Reading Contracts

The contract is the most complicated thing to understand, but the information contained in it will dictate you to better understand the rights and obligations that will apply to you. This is the most important thing to understand. So don’t just read the night and understand it.