Things That One Should Query About Before Buying New Condo For Sale Singapore

The first and foremost thing that one needs to check is the management team of the condo neighborhood. Many groups tend to have a manager or a team of people making decisions and taking care of the maintenance of the place, and sometimes there is no manager instead all the people living their need to make decisions. Thus it is important to make sure that one checks what the manager is like and if the community is well managed to be living in.

Insurance

One need to also make sure that the committee of the condo provides one with the insurance policy so that one can be sure of all that is covered in it. check if the renovation is covered in case of older condos and if the personal furniture and belongings in covered in case of any kind of mishap. Read the policy carefully and if possible get it thoroughly checked by one’s insurance agent.

ComplaintsManagement

It is important to know what the residents are talking about and what their issues are regarding new condo for sale singapore. One can also try to get the minutes of the association meeting; to know what all are the problems that are faced by the condo owners. One can also talk to the people living there to get a clear idea fo the community standards.

Monthly fees

Every condo association tends to have monthly fees for maintenance that one will have to pay to keep getting these services. the fees usually include the maintain care charges of long term and short term period along with repairs and litigation. Make sure that the fees are in the affordability range of the owner and also keep it in mind that the associated fees are not tax-deductible in any way.