A quick note on the figures above. These are median prices, which means your sale price may be higher or lower, depending on the actual conditions of the unit you choose.
To avoid this scenario, you'll need to choose a resale flat with a lease that would last at least as long as your 95th birthday.What is the living environment like? Having shops and coffee shops located at the foot of your block is no doubt convenient, but you may have to contend with a more messy environment.
This can range from structural issues such as long-term defects or problems, to social problems like having unreasonable neighbours-from-hell.When were the windows installed? Unless you're planning on replacing them as part of a full renovation, you may have to engage a contractor to check the integrity of your resale flat windows if they are very old.Speaking of windows, know that the direction your unit faces can affect how much you pay in utility bills. Units that are oriented east-to-west will get plenty of sunlight – which is more of a bane than a boon given our humid, tropical weather.
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