Evaluating Property Investments: Pros and Cons to Keep in Mind
TLDR: Key Takeaways from the Blog Post Singapore's real estate market offers both pros and cons for investors. The advantages...
Read More
Beyond the First Glance: What Astute Buyers (and Agents) Look for During Property Viewings
TLDR
Property viewings are most valuable when strategically timed, not just repeated. Buyers often revisit homes at convenient hours, but this risks missing critical insights. Key factors to assess include sun exposure at midday and late afternoon, which can reveal heat issues; weekday versus weekend activity levels, which highlight noise and facility crowding; and environmental sounds like cicadas or crickets, which can exceed traffic noise. Proximity to places of worship should be checked during service times to gauge traffic and noise, while observing neighbors at home can uncover potential lifestyle disruptions. Ultimately, multiple viewings should be planned to capture different conditions, ensuring buyers make informed decisions beyond surface impressions.
The adage “always view a resale property more than once” is widely accepted, yet its execution often lacks strategic intent. While most buyers do revisit a property, the timing and focus of these subsequent viewings can be arbitrary, sometimes even left entirely to the realtor’s convenience. This can lead to missed opportunities for crucial observations.
For example, a couple recently viewed a home three times, consistently scheduling their visits around 6:30 PM and 7:30 PM due to post-work convenience. While extra viewings can help identify defects and sense the property’s general “vibe,” a fixed viewing time means overlooking significant aspects. Issues such as intense sun glare at different times of day, varying noise levels, or the occupancy of shared facilities remain unassessed.
Therefore, multiple viewings are truly beneficial only when strategically timed to reveal different facets of the property and its environment. Here are key aspects to consider:
- Sun Exposure and Heat Management: Schedule viewings around noon and just before 5 PM to assess sun glare and heat gain. This is particularly important for those who work from home or have pets, as it reveals whether the living space transforms into an “oven.”
- Weekday vs. Weekend Activity Levels: Observe noise levels and facility usage on both weekdays and weekends. Some condominiums experience a significant surge in activity and noise during weekends due to residents hosting large groups. Facilities like BBQ pits or tennis courts might be booked solid, revealing potential overcrowding not apparent during weekday viewings. This phenomenon isn’t always tied to the number of units but often reflects the communal habits of the residents.
- Environmental Sounds (Crickets and Cicadas): For landed properties or low-floor units, pay attention to ambient insect noise. While road noise typically ranges from 70-85 dB, a chorus of cicadas or crickets can reach 90-100+ dB. Cicadas are usually active during the day, while crickets are nocturnal, making their chirping more disruptive during typical resting hours. This level of natural sound can surprisingly exceed that of traffic.
- Impact of Nearby Places of Worship: If a property is near a place of worship, visit during service times. This provides a realistic assessment of noise levels and, more critically, traffic congestion. Certain areas, like Siglap, are known for significant traffic issues on Sundays due to worship sessions, although traffic wardens often help manage the flow.
- Neighborly Interactions: If neighbors are absent during your initial viewing, try to schedule another visit when they are likely to be home. This allows you to gauge potential noise issues or other disruptions from adjacent units. There have been instances where buyers discovered post-purchase that their neighbors’ activities (e.g., frequent social gatherings) significantly impacted their living experience.
While a property agent can provide additional insights, the core principle is that multiple viewings are only meaningful when they are deliberately planned to uncover specific information about the property and its surroundings.
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 …
HDB Loan Vs Bank Loan: Pros & Cons
TLDR When deciding between an HDB loan or a bank loan for purchasing a property in Singapore, consider key factors...
Read More
When will En-Bloc set to Become Reality Beyond 2023?
TLDR The real estate market is experiencing a lull in en-bloc activities due to various factors. Higher Additional Buyer’s Stamp...
Read More
Top 5 Key Factors that Affect Singapore’s Property Prices?
Singapore's property market has always been a topic of interest for both local and international investors. The city-state's real estate...
Read More
6 Myths About Using Your CPF For Housing
TLDR When it comes to purchasing a house in Singapore using CPF funds, there are several myths that need to...
Read More
Top 5 Best Green Spaces to Picnic in Singapore
Singapore, a bustling city-state known for its modern architecture and vibrant culture, is also home to numerous green spaces that...
Read More
Purchasing Older HDB Resale Flats: Key Considerations When the Flat Outlives You
TLDR HDB flats have a 99-year lease, and key housing schemes require the lease to cover the youngest owner until...
Read More
The Lease Buyback Scheme Is A Strategy That Could Help You Retire Comfortably In Your HDB Flat
TLDR The Lease Buyback Scheme (LBS) trend among older Singaporeans is slowly gaining momentum, despite initial reluctance. The scheme allows...
Read More
The Johor-Singapore Special Economic Zone: A New Chapter, Not Just “Iskandar 2.0”
TLDR The Johor-Singapore Special Economic Zone (JS-SEZ), launched in January 2025, is a bilateral effort aimed at sustainable economic growth...
Read More
What is Buyer’s Stamp Duty (BSD) in Singapore and How Does It Work?
TLDR When it comes to navigating the Additional Buyers Stamp Duty (ABSD) in Singapore, legal strategies are available to overcome...
Read More
4 Intriguing Property Trends in Singapore for 2024
TLDR The dynamic shifts in Singapore's real estate market following Covid, highlighting three key trends: the surprising resilience of the...
Read More
Top 5 Factors : What I Wish I Had Known about Singapore Property Market
Singapore's property market has always been an attractive investment option for both local and foreign investors. With its stable economy,...
Read More
A Beginner’s Guide to Homebuying: How to Choose the Perfect Property
TLDR When considering property investments, understanding your motives is crucial. Factors like accessibility to amenities, remaining lease, transaction history, rentability,...
Read More
Top 5 Reasons : Why is Supply so tight for Singapore Property?
Singapore's property market has been experiencing a tight supply in recent years, leading to increased demand and rising property prices....
Read More
When Is The Best Time To Buy A New Launch?
TLDR When it comes to new property launches, timing is crucial. Early buyers often secure the best prices due to...
Read More
Top 5 Reasons : Why Singapore’s Property Market Is a Safe Haven for Investors in Uncertain Times – Insider Analysis!
In today's uncertain global economic climate, investors are constantly on the lookout for safe havens to park their wealth. Amidst...
Read More
4 Simple Strategies to Help Future Homeowners Save Money
TLDR When it comes to being a new homeowner, it's essential to prioritize regular maintenance to avoid costly repairs down...
Read More
Top 5 : Must-Do Experiences to Make the Most of Your Singapore Trip
Singapore, a vibrant island city-state located off the southern coast of Malaysia, is a melting pot of cultures and a...
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
The Uncomfortable Truth About Homeownership and Relationships in Singapore
TLDR Property ownership and prenuptial agreements are key for married couples in Singapore. Joint ownership (either joint tenancy or tenancy-in-common)...
Read More