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Things To Consider Before Buying 3 Room Resale Flat

 

 

If you are looking to buy a 3 room resale flat, then it is important to consider the following things before making your decision. A 3 Room Resale Flat is usually cheaper than buying a HDB 3-Room Flat outright and can be bought from developers or individuals. There are many advantages that come with purchasing a 3 Room Resale Flat such as no need for mortgage, lower interest rate on loans and lesser maintenance fees. However, there are also disadvantages associated with owning one of these flats such as not being able to sell at anytime in the future if you find yourself in financial difficulty. It’s worth considering all of these factors before deciding whether this type of property purchase would suit your needs or not!

1. Look out for signs of a loan shark problem

Ah-longs are not just the stuff of Jack Neo movies. They’re true-blue nightmares, and you wouldn’t want one to hound your doors with pig blood and aggressive scribblings–just because the former owner couldn’t pay up.

Even if you don’t see any obvious “O$P$” around, look closer—especially at new coats of paint which might cover telltale signs. Also, be alert for special CCTVs installed that must have something worth monitoring… don’t limit yourself just to your unit: check out units beside or up or down a story; trouble neighbours will typically be right in front of their buildings waiting for help!

 

2. Find out if your unit is facing the sun

Bring a compass when you go unit visiting, and not because of your Boy Scout/Girl Guide past. It’s a useful tool to suss out the direction of the sun’s rising – and remember this: avoid the West! If your unit faces that direction, that means it gets the brunt of heat when the sun sets; even in evening hours. Do not exercise blind faith when it comes to agents’ words – use an app on your own phone or tablet device instead- check if walls are warm for confirmation or observe how cool breezes caress our face. You’ll thank yourself next time there’s no Singapore gets a heat wave.

This is important for both residents and buyers: if you’re a resident, it’s good to know what your living quarters will be like in the coming days. If you’re buying a 3 Room Resale Flat, then please make sure that there are cross-ventilation sources (windows or door) near the bedroom; this way, when you’re sleeping, you won’t feel as hot.

 

3. Check on the house’s lease

This isn’t a problem for those who’ve gotten a BTO, but if you’re buying over house from someone else, you’d better check the ticking time bomb that is your lease. Yes when the 99 years are up this baby’s gotta go back to the sweet embrace of HDB and units become harder to sell as years fly by. Imagine buying 40-year old flat (59 left) staying in it for 20 year with just 30+ more CPF restrictions: And unless unit is on super prime area don’t have be property agent knowOne of the first things to do before you even sign on that dotted line is to check when your 3 Room Resale Flat’s lease expires. This will allow you to know how much deposit needed and if it aligns with what you can afford so as not to overstretch yourself financially.

It’s also important for owners, especially if you are buying a 3 Room Resale Flat. If the lease expires after your death, who will inherit the property? Will there be any restrictions on how it can be sold or passed to family members?

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4. Take note if the place is in a livable condition

The Kardashians are known for their glamorous lifestyle of designer clothes, lavish homes and exotic vacations. But when you take a closer look at the family’s life on TV show Keeping Up With The Kardashians, it looks as though they have just been running around wasting time – not doing anything more than taking selfies all day long! If we want to see if there is actually any truth in what Kim says about having an expert cleaner come into her home every week or two weeks (often with cameras rolling!), then now is the perfect chance to find out how often she really needs help keeping things tidy. Here’s my list of tasks that will give us a quick overview:

 

– Bathroom –
  • Test the water pressing factor of taps and showers. 
  • Post for watermarks on roof/dividers – this could mean a spillage. 
  • Ensure the latrine’s working by giving it… an imperial flush.

 

– Flooring and Walls –
  • Check for mushrooms underneath the wooden ground surface. Truly, parasites fills in this stickiness. 
  • Ensure your dividers are without break and have no bloodstains that signal kissing bugs. 
  • Note the current tile design. In the event that you disdain that old fashioned plan, it’ll be costly to hack it all away.

– Cabinets and built-in features –
  • Open and close the entirety of your entryways, cupboards and closets to ensure they’re practical and not drooping. 
  • Additionally, check for dampness in them. 
  • Note the number of implicit highlights there in the level. Wrecking them isn’t modest.

 

5. Swing by at different times to gauge noise accurately

The sound of trains, horns and traffic can be deafening but it’s a small price to pay for living close to the MRT. Sure you’ll hear things day and night but if you’re someone who values peace we recommend picking an apartment where there is little noise coming from any direction at all!

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