Top 5 Reasons : Is It Still Worth It For A Foreigner To Invest In Singapore
Singapore, a small yet prosperous city-state in Southeast Asia, has long been an attractive destination for foreign investors. Its strategic...
Read More
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 …
A Guide to Purchasing a New Launch Condo in Singapore in 2023
TLDR When buying a new launch condo in Singapore, start by planning your finances to determine loan and property limits....
Read More
Bayshore: Reinventing the Experience of Living by the Beach
TLDR When deciding on buying or selling property in Bayshore, consider the recent developments and potential future growth. With a...
Read More
Top 5 Surprising Benefits of Investing in Singapore Real Estate for Foreigners
Singapore, a thriving city-state in Southeast Asia, has become an attractive destination for foreign investors looking to diversify their investment...
Read More
Top 5 : Places to Learn About Singapore’s History
Singapore, a bustling metropolis known for its modernity and multiculturalism, is also a treasure trove of rich history and heritage....
Read More
When Should You Consider a Shorter/Longer Home Tenure?
TLDR Understanding the benefits of long-term home loans is crucial for financially conservative individuals in Singapore. Opting for a longer...
Read More
Top 5 Tips How to Find Your Dream Home in Singapore: A Step-by-Step Guide
Singapore, a vibrant and dynamic city-state, offers a diverse range of housing options for prospective homebuyers. From condominiums and HDB...
Read More
Top 5 : Risk Factors For International Buyers Investing In Singapore Real Estate And How Can They Be Mitigated?
Singapore, a thriving global city-state, is known for its business-friendly environment, low tax rates, and high standard of living. The...
Read More
5 Reasons To Invest In UK Property In 2024 Instead Of Saving
TLDR Investing in UK property in 2024 offers significant advantages over saving due to the potential for long-term value growth,...
Read More
Discover the Optimal Timing to Invest in Singapore Real Estate: Unveiling Historical Insights
TLDR When considering the best time to buy or sell a property in Singapore, historical data analysis reveals key insights....
Read More
A Comprehensive Guide for Buying Landed Real Estate in Singapore
TLDR When it comes to buying landed property in Singapore, there are three main types: terrace houses, semi-detached homes, and...
Read More
Top 5 : Singapore’s Most Desirable Properties: A Look at the City’s Most Coveted Real Estate
Singapore, a bustling city-state known for its impressive skyline and thriving economy, is home to some of the most desirable...
Read More
5 Key Insights to Take Away from the Latest 2022 Cooling Measures
TLDR Affordability of HDB Market: Government is focused on ensuring affordable public housing and may increase supply if needed. Long-term...
Read More
5 Things to Know About Singapore’s Urban Redevelopment and Landscape Changes
As one of the world's most densely populated cities, Singapore has undergone significant urban redevelopment over the past few decades...
Read More
Top 5 Emerging Trends in Singapore Real Estate: What Investors Need to Know
The Singapore real estate market has experienced significant growth in recent years, attracting investors from around the world. As the...
Read More
3 Errors to Steer Clear of When Transitioning from Private Property to an HDB Flat
TLDR Homeowners may downsize from private properties to HDB flats for various reasons, such as financial benefits and lower maintenance...
Read More
Transforming Your Home Loan Situation with Rate Cuts
TLDR When comparing fixed and floating mortgage rates, the present fixed rate of 3% is favorable, but predictions hint at...
Read More
My 6 Factors to Consider When Buying a Property in 2023
As the housing market shows no signs of slowing down, many of us may feel left behind, questioning whether it...
Read More
5 Secrets To Successful Property Investing In Singapore
Investing in property is a popular option in Singapore, with many investors seeing it as a lucrative way to build...
Read More
Discover 5 Reasons Executive Condominiums Could Prove To Be A Smart Investment Despite Growing Inflation
TLDR An overview of the article discussing the benefits of Executive Condominiums (ECs) over private condos in the current real...
Read More
