New Condo Launch Article
How to Read a New Condo Launch Information Sheet
If you are interested in buying Singapore real estate you know that many housing developments and real estate agencies will put information on new condo launch opportunities on their websites. These often describe a new condo launch property or a showflat in fairly intricate detail and it is important for you to know how to read the information properly so you know if a particular condo/apartment or other property might be right for you. Here is what you need to know.
Most new condo launch listings will have a lot of standard information included. Details may include the range of unit sizes that are available, whether a property is freehold or leasehold, what type of units are available and what the range of square footage would be. There may also be information about the kind of housing development it is in. Some examples of this include whether a property development is commercial or residential or whether it is a mixed development. All of this information can be quite helpful when it comes to making a decision about whether a property will be right for your needs.
Once you have narrowed down your choices to a few new condo launch listing you may want to go further and try to find out more information. There are many websites that are being run by real estate agencies that may have more complete information that might not be included in a basic new condo launch listing.
This extra information is equally important when it comes to determining whether a particular development will be right for you. You may want to look for listings that will tell you what kind of amenities are included in a particular complex, what kind of amenities are located close by and even what kind of schools or transportation systems are present in the area where you are thinking about buying. By using the information in both types of articles you should be able to tell whether or not you will enjoy living in a particular part of the city.
Of course, all of this information still needs to be followed up with a visit to the actual site or property itself in order to view it in person. This is going to be easier if you live in Singapore. If you are buying as an overseas investor instead you may find it much more difficult to view a listing before making an offer. While you are visiting a specific property you may want to ask whether there are any upgrades, what the price of a unit is as you are viewing it and if there is anything you need to know about when you would be able to take possession of a particular unit.
A real estate agent who has experience navigating the new condo launch process and dealing with the Singapore property market will likely become invaluable to you. The right agent will be able to give you information about a particular piece of real estate and help you determine whether it is the best choice for your needs.