As a Singapore Permanent Resident, what are the best resources to get started on learning the process and costs of buying a Condominium? - Seedly
 

Property

Asked by Mike Ferrer

Asked on 22 Aug 2019

As a Singapore Permanent Resident, what are the best resources to get started on learning the process and costs of buying a Condominium?

As a first time buyer, not as an investment but as a primary home.

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Junus Eu
Junus Eu
Top Contributor

Top Contributor (Jan)

Level 9. God of Wisdom
Updated on 27 Aug 2019

Not really a resource, but I find that the best way to learn firsthand is literally to go down to condos that you are interested in, explore the neighbourhood, talk to the residents about what they are happy with and what they are not.

Give yourself time to do so, especially so if you are buying it as a primary home.

I probably shopped around for 2 years before I bought my first condo as an investment.

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Mike Ferrer
Mike Ferrer

27 Aug 2019

Thanks for sharing your insight! Will definitely keep that in mind.
Junus Eu
Junus Eu

27 Aug 2019

You're welcome, Mike! Hope all goes well!
Leo Kwek
Leo Kwek
Level 4. Prodigy
Updated on 27 Aug 2019

Hi you can learn about the whole process of buying a new launch Condominium here.

https://privatehome.sg/blog/new-launch-condo-in-singapore/

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Mike Ferrer
Mike Ferrer

27 Aug 2019

Appreciate you sharing this guide, bookmarked and will use it for my journey :)
Leo Kwek
Leo Kwek

27 Aug 2019

You're welcome Mike! Feel free to reach out if you need any help on property matters :)
Meiling Tan
Meiling Tan
Level 4. Prodigy
Answered on 04 Sep 2019

Hey Mike,

We also have a guide on buying condos resale here: https://blog.bluenest.sg/buying-private-property-procedure

Many of the new launch condos are TINY, so if you're looking for something less cramped, resale condos would be a better bet. Also, you won't have to contend with a wait time of several years :)

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