Buying a condo for investing or for a new home is a big decision, and it requires a lot of time to think over. Here are some of the decisive factors you should take into consideration when purchasing a condo.
Security
Security is a major factor when considering buying a condo. Premium condos like Canberra Crescent Residences provide 24/7 protection with the use of state-of-the-art equipment such as CCTVs, doorbell camera systems, keycards, biometrics and more. There are security personnel who roam the place to protect the residents of the condo and provide peace of mind that their family and belongings are safe.
Location
Being near key locations such as schools, workplaces, business districts, food, pharmacies, medical facilities, grocery stores, commuting stations and other establishments can save resources. It reduces time spent on commuting to work or school so you can be more productive. You have easy access when you want to buy food to eat or cook, and get your daily essentials to your convenience. This is what increases the value of condos as a resident and as an investor, because people are willing to pay a lot for being near key locations.
Amenities
Consider the amenities that are offered. Can they accommodate your family’s needs and your own? Condos provide a variety of amenities such as gyms or courts, swimming pools, parks, playrooms and playgrounds for kids, wellness facilities and other services that they provide to elevate your living experience.
Unit Space
Having a livable spacious place is important especially with remote work becoming prominent, turning into the new norm. This is needed so that you have your own area for work with no distractions, and a separate space for your hobbies and personal life and your family, without clashing with each other. Condos offer a practical solution for growing families or couples that have just started one, allowing for flexibility.