Articles

Major Tips for Buying A Landed Property in Singapore

by Singhouse Pro Best Real Estate Agent
Singapore real estate is one of the most invested properties when it is about renting or owning property or assets. It is never regretful to invest in Singapore homes until you are taking all the precautions and necessary checks before investing. It is a wise step to make assurance before investing and have good research about the property, asset, share, or whatever you are planning to buy. 

If you are buying Singapore property, you should ponder around the following points:

  1. Foundation: Whenever we learn a new skill, what matters the most is the foundation, so is the case of any building or property. Before you buy a landed property in Singapore, you should check your property or building for a strong foundation and take action immediately if you suspect a weak foundation. 

If you buy landed property with a weak foundation, you will face the issue of adding more cost to make improvements in your property, while a property with a strong foundation will save you from this additional cost.

  1. Roofing: Singapore homes come with a lot of design choices and customizations. Although the cost of customization and maintenance is expensive, and when it is about roofing, the price is higher. Usually, the roofing is damaged, in case of its color or leakage. 

If you are looking for roof color maintenance, it can be repaired by using a chemical agent or bleach. Furthermore, if there is a continuous leakage, try to figure out the leakage spots and strains for repair.   

  1. Moisture: Moisture issue is the most common in properties with added basement. Again, the repairment cost is not low, so you have to take care of cracks if water or moisture is running into them because it can cause unwanted growth of mold. 

Though property investment in Singapore is worth its value, other costs may incur still you will earn good profits in the future. 

  1. Electrical Wiring: When you are buying landed property, you may face wear and tear of the electrical appliances and switches in the housing property or building you are looking for investment. So, try to check plugs, switches, and electrical appliances in advance as the repair would not come cheaper, and you would require to fix them immediately.

  2. Plumbing: Plumbing maintenance is never cheap, be it in Singapore or around. If you are looking for a Singapore property, make sure to check all the taps and water pipes in the housing property including, the toilet, bathroom, kitchen, and garden (if any) taps.

Also, the sewage problem is the major problem, so do check that your sewage system is working well because if it is not so, you can ask your seller for sewage issue fixation.

  1. Fixtures and Appliances: Fixtures and appliances including, doors, walls, basins, and so on, need to be regulated with time as they would face wear and tear with time; it is an obvious thing. If you wish to invest in a house for rent, further you will have to repair these fixtures and appliances for your tenant. You should ensure this before buying finally. 


Bottom Line  

If you are the one looking to buy a landed property in Singapore, you should look at the above points carefully and introspect before making the actual investment. Singapore property market is lively and worth investing in, but it can wait for you to have a check on all the requirements instead of regretting later or paying a higher cost for maintenance. 



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About Singhouse Pro Innovator   Best Real Estate Agent

7 connections, 0 recommendations, 62 honor points.
Joined APSense since, October 16th, 2020, From Singapore, Singapore.

Created on Dec 16th 2020 23:49. Viewed 301 times.

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