I am always fascinated with high rising buildings so when
about 3 years ago, I am looking at a condominium unit in Makati and told myself
I will stay in one of those condominium units one day. So I started researching
about Condo Living.
I know for a fact that this type of housing is most
likely smaller and that you have to maximize every space of the unit. I told
myself that it would be okay since I am single anyway and no plans of getting
married yet.
So if I will buy a condo unit what are the things that I should
consider?
Since I am buying a property and it is not like I am
buying a candy in a store, I would need to know the Developer. I was advised by
a friend before that it is very important to know the developer, the quality of
their work. In order for me to know all of this of course I would need to ask
around. Ask those people who were able to buy a unit from them. Internet is
also a very powerful tool. Know their experiences by reading articles or
conversation in forums or blogs if there are.
The developer for me is the start my selling point. Consider not only
one but at least 10 developers to choose from.
After knowing the developer it is now time to think about
the location. My reason for buying a condo unit is the convenience that it
provides. Accessibility and safety is the key for me to consider buying a condo
unit. So the location of the building is very important. It is either within
the heart of the city business district or its outskirt. The good thing about
living in a condominium within the city business district answers all my major concerns, it’s safer, its accessible,
the building itself has better security features and amenities, its resell
value could appreciate, better drainage system. However though, it is more
expensive compared to its outskirt counterpart. Also, I have to consider the
place itself, is this place prone to flooding, is it safe at night, am I near a
convenient store or malls or super markets are just some of my consideration.
One more thing, I want to consider the location of the unit itself. I wanted to
my unit facing a certain view and might as well consider a mid –level and high
floors. We know for a fact that these are the part of the floor that has better
resell value in the future.
One major concern for me is the building itself. If I will
buy a condo unit I want to check the actual building and check the materials
that are used. Sometimes this minor detail speaks for the quality of the whole
building and its management. Check on the door knobs, doors, tiles, glass and
of course other fixings. I visited one 2 or 3 years ago, the model unit is
fantastic and it looks so good but when I checked the actual unit that they
have that was ready for turn over to the owner I saw some glitches that made me
back off. The door on the entrance wasn’t nailed properly. I placed a red flag
on this because I don’t trust a developer who is a scrimper in the materials or
work they do.
Another one to consider is the elevator. I have to ask my
self will this elevator be enough for the number of tenants or do I have to
wait because there are only 2 or 3 elevators in the building.
After ample consideration of this things now choose a
condo according to your own specification of quality and of safety and
convenience that you can afford. Its about time to look consider your budget. Hehehe
Might as well want to consider the following developers.
Share your knowledge about condominium by your comments. You can also paste links as to for affordable condo units.