Subscribe to Jayson Ang’s Singapore Property Newsletter
TLDR Jayson Ang's Singapore Property Newsletter offers valuable insights on real estate investments, market trends, and expert advice. The newsletters...
Read More
TLDR
When considering purchasing an older flat, ensure to thoroughly inspect wet areas for leaks, check balcony conditions, watch out for spalling concrete, inspect windows for maintenance, be cautious of uneven floors and popping tiles, examine the garbage chute in ground-floor units, and check plumbing functionality. Additionally, seek information on past plumbing work from the seller or agent. This checklist will help you make an informed decision about buying an older flat.
Older flats have their charm, right? They’re ready to move into straight away.
But remember, they come with a history and sometimes, that means wear and tear that could lead to headaches down the line.
Not to worry though, we’ve got a handy checklist for you:
1. Start with the wet areas, like bathrooms and under the sink
Leaks are common in these spots. You’ll usually spot them as discoloured or damp areas. Sometimes leaks can come from your upstairs neighbour, which might require some negotiation to fix. If the leak’s from the roof or your unit’s on the second floor, you might need to split the repair cost with the town council. Dealing with these issues before buying is your best bet.
2. Check out the balcony
Older flats often have large balconies that can be hard to maintain. You want to avoid ones with poor drainage or where water tends to puddle. Look for stains, discoloured patches, cracks or rust on metal railings. And if you have kids, ensure the railings are secure and not corroded.
3. Keep an eye out for spalling concrete
That’s a fancy term for when concrete starts to crack or chip due to embedded steel rusting. It can turn into a big problem if left unchecked. Get a contractor to take a look before buying.
4. Inspect the windows
Window maintenance is a must. Check for rusted tracks and screws. Also, make sure the window height is at least one metre off the floor. If it isn’t, you’ll need professional help to replace it.
5. Watch out for uneven floors or popping tiles
HDB won’t always cover the cost of repairing these issues. You might need to find a contractor to handle it. Also, be wary of tiles in wet areas like bathrooms and kitchens as they are prone to water damage.
6. For ground-floor units, check the garbage chute
This is often located in the kitchen and can lead to pest problems, especially if it’s not well sealed. Some folks seal it up entirely to avoid the issue.
7. Make sure the plumbing is working well
You know, old apartments tend to have their fair share of plumbing issues. From clogged pipes that could potentially lead to leaks, to other problems like weak water pressure or even that unpleasant smell caused by rusty pipes.
It’s not too tough to spot some of these issues. You could simply flush the toilet a few times, or maybe give the faucet a turn to see how strong the water pressure is. But some problems are a bit more sneaky, like hidden leaks. These invisible culprits can drive your water bill sky high without you even noticing a single drop of water out of place.
So, when you’re thinking of buying one of these old flats, it might be a good idea to chat with the seller or the agent. Ask them about the last time any plumbing work was done on the place and what exactly was fixed or replaced. It could save you a lot of trouble down the line.
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 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
Ouch! How Owning a Million-Dollar Home Can Sting with a Whopping $300K Interest in Just a Decade!
TLDR When considering property investments in Singapore, it's crucial to monitor home loan interest rates closely. Even a slight increase...
Read More
Experience Singapore’s Best: 5 Districts with Unmatched Access to Shopping, Dining, and Entertainment
Here are my top 5 picks for districts in Singapore that offer easy access to some of the best shopping...
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 Tips : How To Spot A Good Investment Opportunity In Singapore’s Property Market
Singapore's property market offers a plethora of investment opportunities for both local and foreign investors. To spot a good investment...
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
Downpayment For Condo: How Much Do First-Timers Need In Singapore?
TLDR The blog post delves into the complexities of condo downpayments in Singapore in light of the impact of Covid-19...
Read More
Discover the Top 11 Most Outstanding Condominiums in Singapore’s Holland Village Areas
Originally established in the early 1900s by Singapore's Dutch community, Holland Village was originally a residential area home to British...
Read More
Top 5 Best Hidden Photography Locations in Singapore
Singapore, a vibrant city-state known for its iconic landmarks and bustling urban landscape, is also home to numerous hidden gems...
Read More
Unveiling 4 Scenarios of CPF Accrued Interest Impact on Property Owners
TLDR When selling your first home, be aware of CPF accrued interest, which is the interest that would have accumulated...
Read More
Top 5 Places to Watch the Sunset in Singapore
Singapore, a bustling city-state known for its modern architecture and vibrant culture, is also home to some of the most...
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
5 Key Factors that Affect Singapore’s Property Prices
Singapore, a thriving city-state known for its impressive skyline and robust economy, has one of the most dynamic and competitive...
Read More
Top 5 Factors to Look for in a Property Developer
With a highly competitive property market, it's crucial to choose a property developer that you can trust to deliver quality...
Read More
5 Things to do When You Go For A Property Viewing In Singapore
5 Things to do When You Go For A Property Viewing In Singapore Here are 5 things to keep in...
Read More
Top 5 Tips for First-Time Chinese Buyers Looking to Invest in Singapore Today
Top 5 Tips for First-Time Chinese Buyers Looking to Invest in Singapore Today Here are the top 5 tips for...
Read More
Top 5 Bakeries in Singapore for Fresh Bread and Pastries
Singapore, a melting pot of cultures and flavors, is well-known for its diverse culinary scene. Among the many gastronomic delights...
Read More
Apply Your HDB HFE Letter in 5 Easy Steps: A Simplified Guide for 2023
TLDR The HDB Flat Eligibility (HFE) letter has experienced delays since its introduction alongside the HDB Flat Portal in May...
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
