Buying a condo in Singapore is an exciting milestone — whether you’re searching for your dream home or planning a smart investment. However, it’s also a big financial commitment. You need to look beyond beautiful showrooms and glossy brochures to make the right choice.
If you’re planning to buy a condo soon, here’s a detailed and simple checklist to guide you. Careful planning now can help you avoid regrets later and secure a property that truly fits your goals.
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ToggleWhy Buying a Condo in Singapore Needs Extra Attention
Condominiums in Singapore are popular because they offer a mix of privacy, convenience, and lifestyle perks. But the market is competitive, prices are high, and rules like financing limits and stamp duties apply. That’s why being prepared is so important.
Now, let’s dive into the key things you must check before buying a condo in Singapore.
1. Choose the Right Location
When it comes to real estate, location is everything. One of the first Things to Check Before Buying a Condo in Singapore is where the property is located.
Ask yourself:
- Is it close to MRT stations and bus stops?
- Are there malls, schools, parks, and workplaces nearby?
- Will this location be attractive for rental or resale in the future?
If you are looking for a peaceful yet well-connected place, make sure to explore Faber Residence, which offers an ideal lifestyle with great amenities and access to key parts of Singapore.
2. Research the Developer’s Track Record
Another important Thing to Check Before Buying a Condo in Singapore is the reputation of the developer. You want to buy from a trusted name with a history of completing quality projects on time.
Here’s what you should check:
- Previous projects and their reviews
- Quality of construction and materials
- Timely delivery record
Choosing a reputable developer reduces your risk and ensures better construction standards.
3. Understand the Type of Property: Freehold vs Leasehold
In Singapore, condos are either freehold or leasehold (usually 99 years).
Why It Matters:
- Freehold properties are more expensive but tend to hold value better in the long run.
- Leasehold properties are cheaper but their value may decline as the lease shortens.
One of the critical Things to Check Before Buying a Condo in Singapore is whether the tenure suits your long-term plans. Are you buying for investment or for a forever home? This decision will affect your returns and peace of mind.
4. Check the Unit Size and Layout Carefully
Showflats can sometimes be misleading. Always check the actual floor plan and unit size.
Key points to check:
- Usable space vs. total area
- Number of bedrooms and bathrooms
- Storage areas and balcony space
- Natural lighting and ventilation
A smart layout can make a small space feel large, while a bad layout can waste valuable square footage. Never skip this important Thing to Check Before Buying a Condo in Singapore.
5. Evaluate the Condo Facilities and Maintenance Fees
Most condos in Singapore offer attractive facilities like pools, gyms, BBQ pits, function rooms, and playgrounds. While they add luxury, they also come with monthly maintenance fees.
Things you must check:
- List of available facilities
- Monthly maintenance costs
- Facility maintenance standards
Be realistic: Will you actually use all the amenities? Paying high fees for facilities you don’t use is one of the avoidable mistakes among condo buyers.
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6. Calculate the Full Cost: Loan, Down Payment, and Taxes
Financing is a major part of your buying journey. You must be financially ready before signing anything.
Here’s a quick list of Things to Check Before Buying a Condo in Singapore related to finances:
- How much loan you can get (Total Debt Servicing Ratio rules apply)
- How much you need for the down payment (typically 25% minimum for private condos)
- Additional costs like Buyer’s Stamp Duty (BSD), legal fees, and renovation expenses
Check your eligibility early to avoid disappointment later. Also, plan for interest rates and possible future hikes.
7. Look into Future Developments in the Area
A wise buyer always looks ahead. Future developments nearby can either boost the value of your condo or lower it.
Before finalizing your decision:
- Check the URA Master Plan for upcoming projects
- Look for new MRT lines, malls, parks, or business hubs
- Beware of upcoming industrial zones or noisy highways
Considering the future surroundings is a smart Thing to Check Before Buying a Condo in Singapore that many forget — but it can make a big difference in your investment returns.
8. Think About Resale and Rental Potential
Even if you’re buying for self-stay, it’s good to consider resale and rental demand. Life plans change, and you may need to move later.
Look for condos that:
- Are near good schools (especially popular ones)
- Have strong demand from expats or working professionals
- Are close to business hubs or city centers
Properties like Faber Residences score high here, making them a smart choice for both personal use and investment.
9. Inspect for Defects and Check Warranty Periods
Before taking over the keys, always conduct a thorough defects check. Look for:
- Cracks on walls and ceilings
- Water leakage or plumbing issues
- Faulty electrical points
- Bad finishing or carpentry work
If it’s a new launch, find out the developer’s defect liability period (usually 12 months). Raise all issues early so they can be rectified without extra cost.
10. Get Legal Advice and Understand the Rules
Finally, get a good property lawyer to help you through the paperwork. They will:
- Check the Option to Purchase (OTP)
- Review the Sale & Purchase Agreement
- Ensure legal compliance
If you’re a foreigner, there are rules about buying certain properties, so it’s best to clarify your eligibility early. This is a legal Thing to Check Before Buying a Condo in Singapore you should never skip!
Conclusion
Buying a condo in Singapore is one of the biggest milestones you’ll ever achieve. But it’s also a decision that needs patience, knowledge, and careful planning.
By carefully going through these Things to Check Before Buying a Condo in Singapore, you can avoid common mistakes and protect your investment. From location, developer reputation, and unit layout to financing, future developments, and legal paperwork — every detail matters.
If you are currently exploring your options, Faber Residence Developer is a fantastic project to consider. It combines excellent location, premium living, and strong investment value — exactly what smart buyers look for.
Take your time, do your research, and soon you’ll find the perfect condo that feels just like home!