Are you the one planning for buying the property? If yes, then that’s great. It is a significant investment which will help you in future. There are some of the people who don’t consider the facts before buy property in Singapore.It is the wrong scenario. You should be very particular and check out some of the aspects of buying the properly.
We are going to tell you about some of the facts which one should consider buying the property. It is a great way which will help to get exotic property without facing any problem.
Approval and License
When you are going to check out the property, the first thing to consider is license and consent of the builder. You can check all the paperwork of the builder which is a proof of their legalized work. You also have to check the status of the land. There should no disputes running due to the land. You can check that land should be approved by the local body or any corporation.
Calculate the Cost of Land
You should not blindly trust the facts which are revealed by the broker. There are times when broker will tell you about the necessary cost and don’t tell you about other factors like development cost or fees. You should ask for the final price which one has to pay for the property.
Verify the Builder
There are chances that land can be under the litigation. It is advice that you should go for the verification of the builder. You can verify through checking his past and present projects. The amazing part is you can also post the queries on the real estate forums.
Going For The Right Plan
There are various online payment options available like a flexi payment plan, down payment plan and many more. You should select the right plan which will offer you with future profits.
Check The Size Of Property
When you are willing to buy property in Singapore, then you can check out the brochures. Check the common areas of the apartment like staircase and lobby. If you are looking for the plot, then it is advisable to ask for all the requirements. Check the land properly which is someday going to become your dream house. When checking the land soil and topography are the vital factors.
Ask For The Infrastructural Plans
If there is any metro connectivity or any other infrastructural development in the location, then you can have significant benefits. The significant advantage is getting the proper returns on the investment. You should also check that the property should not be in the polluting industry.
Check the Site
The layout of the brochure is different from the reality. You should probably check the site before buying it.
Register the Plot
After you have selected the property, go for the registration with the concerned authority. When going for the registration, an individual should ask for the property rights from the date of you have registered the plot.