6 Key Contrasts Between New Launch and Resale Condos to Assist You in Making the Right Choice
TLDR When deciding between a new condo or an older resale unit, consider the differences in design features. Older condos...
Read More
Checklist for First-Time Homebuyers in Singapore: A Guide to Viewing Condos
TLDR
The checklist provides essential steps for first-time homebuyers in Singapore to consider when viewing a condo. It includes aspects such as location, surroundings, and the unit itself, covering factors like transportation access, amenities, property condition, and more. The checklist aims to help potential buyers identify any issues and ask relevant questions during the viewing process.
I’ve been asked lots of questions on what to consider when viewing a condo and what to ask the listing agent.
That’s why I put together a condo viewing checklist – to make sure no stone is left unturned!
Of course, this isn’t the be-all and end-all of condo viewing checklists, but these basic steps should help you identify any potential issues and ensure you ask the right questions.
So let’s get started!
Singapore Condo Viewing Checklist
Before the Viewing
- Ask the agent for a floor plan so you can get a better look at the property,
- Investigate the unit on Google Maps to measure distances to transport and amenities,
- Find out if it’s paid in full, if there are any encumbrances,
- The seller’s reason for putting it up for sale,
- and if it’s currently tenanted.
Location
- What’s the proximity of public transportation like (MRT/Bus)?
- Is it convenient for commuting to work?
- How long would it take to get there?
- Is there easy access to the nearest highway?
- Does traffic get congested during rush hour?
- Are there any nearby schools/preschools/kindergartens and, if so, how far and safe are the routes to them?
- Are there any food options close by?
- Are there any amenities such as wet markets/supermarkets in the vicinity?
- Is there access to medical care like clinics or hospitals?
Surroundings
- What is the positioning of the unit in relation to its environment?
- Is it tucked away, central, or peaceful?
- How is the view from the property?
- Are any forthcoming buildings that could possibly obstruct your view in the future (according to the URA Master Plan)?
- What is the composition of the neighbourhood like?
- Are there more elderly people or young couples with children?
- Does it match the kind of atmosphere you’d prefer?
- Are there any recreational areas for young children?
- Are there potential playmates of similar age?
- Finally, how convenient is the entry and exit to the condo – is there only one way in and out?
The Unit
- Do you see any cracks or damp areas in the unit?
- Is there enough parking space for cars and visitors?
- Can the existing furniture fit in the new space?
- Are there possibilities to add or remove walls?
- What fittings and built-in items will be included in the house sale price?
- Is the condition of the tiles, floors, and walls good enough for minor renovations?
- Are there any repairs needed for the interior?
- Do you need the layout to be functional?
- What direction does the house face and will you be basking in the morning or afternoon sun?
- Is there sufficient wind flow and ventilation?
- What’s the total of the maintenance fees and sinking fund?
I’m hoping this checklist is helpful! Please let me know in the comments if I have missed out any important details that should be included when viewing a condo.
Should You Buy, Sell or Wait?
If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?
It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.
I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.
I can help you by:
- Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
- Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.
You May Also Like …
Top 5 Best Hidden Boutique Hotels in Singapore
Singapore, a vibrant city-state known for its iconic landmarks and diverse culture, offers a plethora of accommodation options for travelers....
Read More
Should You Purchase a Small Landed Home or a Larger Condo? Insights from Singaporeans
TLDR When deciding between a compact landed house and a spacious condominium, consider key factors like security, parking, maintenance costs,...
Read More
5 Techniques for Identifying Undervalued Properties in Singapore 2023
TLDR To spot undervalued properties in Singapore's real estate market, focus on market value, location, and unique features. Consider "up...
Read More
Unseen Dangers of Putting Your Money in Upscale Freehold Properties in Singapore
TLDR Luxury freehold properties in Singapore may not always be the lucrative investment opportunities they appear to be. High-end properties...
Read More
Exploring the Resale Condo Market? Here’s What to Watch Out For!
TLDR The impact of COVID-19 on Singapore's real estate market has been significant, leading to a surge in demand for...
Read More
Does Sell 1 Buy 2 Strategy Still Works Today in 2024?
TLDR When considering the "Sell One By Two" property investment strategy, keep in mind that it involves selling your previous...
Read More
Is Price Per Square Foot (PSF) Still a Reliable Metric in Singapore’s Property Market?
TLDR Price Per Square Foot (PSF) is increasingly a poor measure of property value in Singapore due to regulatory changes...
Read More
Top 5 : Long-Term Economic Impacts Of Foreign Real Estate Investment In Singapore’s Luxury Condo Market?
Singapore has long been a preferred destination for foreign real estate investors, particularly in the luxury condo market. The city-state's...
Read More
Selling Your Home for the First Time in Singapore: A Step-by-Step Guide
TLDR Selling your home in Singapore involves careful planning over several stages. Start 4-6 weeks before listing by consulting a...
Read More
Exciting News: Affordable Housing in Singapore by 2024?
TLDR The real estate market in Singapore is experiencing shifts in housing supply and demand, influenced by factors like mortgage...
Read More
How Will Singapore’s Development Influence The Real Estate Markets In Bedok, Changi, Pasir Ris, And Tampines : 2023
TLDR You will find detailed insights into upcoming housing developments in the East of Singapore, specifically in areas like Bayshore,...
Read More
Top 5 Reasons : How Can A Reputable Real Estate Agent Help You When Investing In Singapore Property
Investing in Singapore property can be a lucrative venture, given the country's stable economy, strategic location, and high demand for...
Read More
5 Neighbourhoods Poised to Benefit Most from the URA Draft Master Plan 2025
TLDR Singapore’s URA Draft Master Plan 2025 outlines major urban redevelopment with 80,000 new homes across 10 estates. Key growth...
Read More
Top 5 Factors: Singapore Offer A Stable And Lucrative Investment Opportunity In Real Estate?
Singapore, a small yet economically powerful city-state, has long been recognized as one of the most attractive destinations for real...
Read More
Four Things to Avoid When Renting Out an HDB Flat
TLDR Renting out an HDB flat in Singapore can be a lucrative source of secondary income. Key considerations include adhering...
Read More
Top 5 Romantic Date Spots in Singapore
Singapore, known for its stunning skyline and diverse culture, is a melting pot of romantic opportunities just waiting to be...
Read More
The “Sell One, Buy Two” Strategy in 2025: Real Stories from Singaporean Homeowners
The "Sell One, Buy Two" strategy gained popularity in Singapore after the Additional Buyer's Stamp Duty (ABSD) was introduced in...
Read More
Beyond Buying: Innovative Strategies for Property Investment Success
TLDR The world of property investment and real estate trends offers vast opportunities. Stay informed with effective property investment strategies...
Read More
The Future Of Singapore Property Investing: 5 Trends To Watch Out For
The future of Singapore's property market is shaped by several emerging trends that reflect cautious optimism, enviable locations, and sociable...
Read More
