Are you thinking of purchasing a condo near MRT station? If so, there are a few factors that you must consider before finalizing your deal. Unlike a detached residential property, a condo is not sold on its own. It is instead bought by a single individual or a company. This means that you will not be able to check out the property firsthand and take a look at the features. In addition, purchasing a condo near MRT will cost more than purchasing a house on its own. There are some developments that are considered near MRT and Midwood Condo is one of them.
The first decision that you need to make when buying a condo is whether or not you want to go for a brand new property or buy an old one. Buying a brand new condominium is a good idea as it is still considered new even after several years have passed. In fact, it is still possible for an individual to find great deals in pre-owned condominiums. However, purchasing an old unit will give you the opportunity to enjoy the perks of owning a property even if it is several years old.
When buying a property that is several years old, you have the option of renovating or extending the current one for Midwood Condo. However, there are also some drawbacks. One of these is having to travel a lot just to get to the nearest city services. Of course, this can be ignored if you have someone who can act as a handyman when needed. If you are going to do extensive renovations, it is important that you look for a local contractor who can offer reliable advice regarding the feasibility of your plans. A professional will also be able to give you tips on buying the most suitable materials for your project.
Another thing that you have to consider when buying a condo near Hillview MRT is the cost of getting a unit there. Although it may be the most expensive among all the areas in Singapore, it is quite convenient compared to some of the others. If you are going to commute to work everyday in the city, you will find that getting into and out of the condo is easy and does not take too long. On top of that, you will be able to save money by avoiding tolls and parking charges.
One of the major concerns when looking at buying a condo near Hillview MRT is its proximity to train stations and hospitals. If you have kids with school, you will have to decide whether this is more important than getting a home. Needless to say, it is. If you have to commute every day in the city, you will appreciate the benefit of the close proximity to the schools. If your children decide to join sports teams in the area, it will be even more important. The closer you are to the hospitals, the better.
With that said, it is important to also consider the condo’s location. You have to check out the surrounding properties so that you will know what is best for you. For example, if there are a lot of condominiums close to the MRT station, then you may want to think twice about purchasing one. This is because it will be too costly to maintain. You can ask around to see which other people preferred to buy their condo’s close to the MRT.
Other factors to consider when purchasing a condo near MRT include how close is the nearest bus stop to the property? How many bus stations are there in the area? Are there any bus services that will provide you with affordable travel time to and from the nearest train station?
Lastly, you have to look at the condo unit itself. How much do you plan on spending on it? Make sure that the price is right. Avoid buying one at a real estate agent’s recommendation simply because the agent is affiliated with a particular developer. Take your own time and really think about how much you really need to spend.