Strategies for Buying a Singapore Woodleigh Condo

Popular Condo developments such as Park Colonial Woodleigh will offer some of the most convenient living when it comes to a luxury condo purchase. Located at Woodleigh Lane along Upper Serangoon Road, Park Colonial is a massive condominium project with over 800 condo units for residential living. The condo site is strategically adjacent to the Woodleigh (MRT) train station for transportation and nearby essential amenities like the Woodleigh Mall, Bidadari Park and much more, which are some key features that people look for when it comes to an ideal condo purchase. To execute your best buying strategy for a Singapore condo, there are some things you’ll need to know.

Picking the right people to work with

The first step to any home-buying process is to hire not only a property agent, but a good solicitor as well. They will provide you with the professional guidance you’ll need when it comes to laying out a strategy for buying the condo of your dreams. If you seek taking out loans for the condo property, a lawyer’s expertise will aid you in the process, the bank will also assign a lawyer to you if you do not have a solicitor to work with for the documentations required.

Picking a suitable property

Picking the right Singapore condo for you and/or the family can often be a hard task so you’ll need a house hunting team. Now that you’ve put together a house-hunting team, you are ready to shop for condo properties. While searching for the perfect condo, you want to make sure that the condo has all of the suitable features that suit your requirements.

The mortgage stage

If you’ve decided on Park Colonial Woodleigh or other projects, you can hold that condo unit for up to two weeks. This will give you an advantage over others being that they won’t be able to view the condo property while you are holding it. You have to secure your financing and pay a second option fee, if you fail to do so, it will forfeit the first fee you’ve paid. When getting a mortgage you’ll have to pay the loan at a fixed rate every month or a floating rate set by the banks, with subjective bank interest rates. Also the loan tenure is dependent on the home owners age.

Beyond the mortgage and final fees

Beyond the mortgage there are additional fees and final fees that must be paid. For Singapore citizens there’s a Buyer’s Stamp duty which is a compulsory fee for first, second and third time home buyers. Final fees includes the buyers legal and agent fees. Once all payments are settled, you can collect the keys to your new condo. After you’ve collected your keys to move into the condo, the options to remodel are solely up to you before you move in or just bring in your luggage.

Condos are a highly sought after type of real estate properties in Singapore. Despite the older and newer model buildings, condos are a great investment for people in Singapore. No matter the size and even the prices of condos are not enough to sway people when it comes to making the purchase. People are looking to buy condos for their starter homes, downsize, and more. The convenience of a condo is unbeatable when you look at all the options of different real estate types.

New 3 Cuscaden walk condo

The condo experience will be something which would combine the benefits of both home and living in an apartment. In addition, you will also find 3 Cuscaden Walk condo to share some qualities with rented apartments. This is because residents will be living in a vicinity of surrounding building residents. Hence, there would be no doubt that living in a condo will come with its fair share of perks. If you would like to know more about this before you make any final decision, take a look below.

  1. Price

In terms of investing your money in to buying a home, price will certainly be one of the first thing that you would be looking at among other things. This is because in your opinion, if you would find the price to not reflect the quality which is being provided, there will be no way that you would go ahead with it. It would be because of this reason that a lot of people seem to prefer getting a condo in today’s times. This is because mortgaging ownership will often be the smarter option. This is because no money will be lost in mortgaging. The good news is that you would be able to get more money by investing in the new 3 Cuscaden Walk condo.

  1. Not responsible for outdoor repairs

If you go ahead with the option of buying a condo, you would no longer need to burden yourself with outdoor repairs. When you come to think about it, that will actually be quite a big relief. As such, you will no longer be responsible for mowing the lawn or tending the garden. This is because the management will take care of all of this for a fee. They will include pool cleaning and roof repair as well. So, with all this extra money and powerful energy, this could be used for interior decoration. You will also be able to attend to other more important matters in your lives.

  1. Amenities

By buying a new 3 Cuscaden Walk condo, you will definitely be blown away with the diverse range of amenities that it has to offer. Starting from swimming pools to parking garages – you will be able to get it all. Other than that, you should also be able to barbecue on the terraces or exercise in the gym. In fact, many of them will come with a washer, dryer, and kitchen with stainless steel.

  1. Community living

By living in a brand new condo in Orchard Singapore, you will be able to sense that feeling of community. This is because by living with other families nearby, you will get the opportunity to meet with different kinds of people and talk with them. This will also help to foster a growing bond with your neighbors. Thanks to this community dynamic being created, a feeling of trust would also be formed. This could then help to prevent burglary within the community.

All in all, living in a condo would undoubtedly be far better than living on your own in a home.

Margaret Ville by MCL

Margaret Ville By MCL

Margaret Ville by MCL is a 99-year leasehold condominium situated at Margaret Drive, adjacent only to main road Commonwealth Ave and a very short distance by foot to both Queenstown and commonwealth train stations running on the major east west line. While the actual details of the condo have yet to be confirmed due to the relevant authorities approval, we can safely put it as not more than 300 condo units will be built within the single tower although the bedroom layout will probably be in the range of one to four bedroom including super penthouses on the very top of the building as it will offer residents of Margaret Ville with one of the killer view in recent years.

We’ve seen the draft floor plans for this latest Margaretville condo by MCL Land but were unable to comment due to the regulatory approval by the state. For your information, this condo will be a part of Queenstown planning area based on Urban Redevelopment Authority’s guideline. It is an old and matured housing estate here but also one of the highly sought-after locale by the locals and foreigners due to the close-proximity to the city centre.

It will be a self-running town for all the residents of Margaret Ville, conveniently located near a wide myriad of amenities and transportation routes including smaller roads into the central business district in as fast as 10 minutes’ drive away.

It is also within near distance to the Anchorpoint, Queensway shopping, Alexandra Central, Alexandra Village as well as the famous IKEA Alexandra should you require furniture’s in a quick and affordable manner nearby. Not only is it beneficial to the residents of Margaret Ville, there will also be plenty of food and beverages dining option for you to choose from within the immediate neighbourhood.

There will also be easting houses and hawker centres located few mins away from your residence, as well as having brick and mortar retail shops, community centres, greenery parks, library, schools and a whole host of other amenities around.

With the rise of One North and other commercial entities in close-proximity, Margaret Ville by MCL will also appear to be attractive for investors looking to have a mid to long term investment asset.

If you wanted to have a quick browse through of the development located at Margaret Drive, it will be launch after Chinese New Year. Therefore, please register your interest for the viewing arrangement and I strongly believe the staff from MCL Land will respond to you prior to the release.

Lastly, the showroom or showflat will not be on the actual site, please refrain from exploring on your own if possible as we’ve seen many unhappy clients after finding it tough to locate certain places and turning this into an unhappy event. Till then, have an enjoyable 2018 Chinese New Year!