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Know the tricks of purchasing a new launch condo in Singapore is a cheaper price rate

Now a day there is keen competition for selling the new launch properties among the developers, thus the prices are often discounted to attract the prospective buyers of condos. Thus, for the buyers of the new launch condos for sale in Singapore, the developers often offer a discount for early bid, which can be a direct price discount or absorbing some stamp duties and other such kinds of charges. And this is quite common, so if you can book your flat earliest possible, then the chance for getting a lager discount is higher, which may not be applicable for an older or resale property.

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Know the tricks of purchasing a new launch condo in Singapore is a cheaper price rate

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  1. In the following points, we will mention the tricks by which you can lower the price of the new launch condos for sale in Singapore, which can save a measurable amount. Know purchasing a new launch condo in Singapore is a cheaper price rate the tricks of There are several kinds of types of housing solution are available, which include public housing and private housing option, now if you do own a house but not satisfied with that and want to move to another place for a better living then the new launch condos in Singapore is the most suitable option as per the demand. Possibility of discount for early bid: Now a day there is keen competition for selling the new launch properties among the developers, thus the prices are often discounted to attract the prospective buyers of condos. Thus, for the buyers of the new launch condos for sale in Singapore, the developers often offer a discount for early bid, which can be a direct price discount or absorbing some stamp duties and other such kinds of charges. And this is quite common, so if you can book your flat earliest possible, then the chance for getting a lager discount is higher, which may not be applicable for an older or resale property. Condominium or condos are the most popular private housing, as condos in Singapore, like most attractive and smart houses, which come with a heavy price tag, as it a place in the urban areas to live freely with all the options available in your short distance. So a new launch condo might be the most cost-effective option for the buyers, but the developers, extend some discount for availing those executive houses. But primarily you need to pay 20 percent as a down payment for purchasing a new launch condo in Singapore as per the legal requirements, which consists 5 percent option fee and the rest 15 percent for Exercise fee. The possibility of getting a grant: In recent years the government of Singapore has introduced and enhanced a host of grants that first-time homebuyer can tap on, Such as; Additional CPF Housing Grant (AHG) and Special CPF Housing Grant (SHG). And you can use your CPF to buy a condo or more than one condo unit. Now if you wish to use CPF savings to service the housing loan for two condominium units, then the monthly instalments will be deducted as requested by you. Also, there are no certain regulations regarding, for which property you need to pay How you can purchase a new launch condo at a cheaper rate?

  2. first, so you can determine this as per your convenience. Effective negotiation margins: If you engage a real estate agent in Singapore for your property searches, as they can help you saving time and money. You will have a general idea from them, regarding what to pay and what not to pay for your place. Now If the revised asking price is still too high for your liking, the property agent will help you with their knowledge of negotiation margins, i.e. the difference between asking price and the price the developer is willing to accept - can be rather large, in negotiating rent before you make your offer that can save your money, by lowering the purchasing price. The bottom line: A person is known by the status of his leaving and as we have mentioned here in the condos for sale in Singapore is the smartest housing option available here. Although for purchasing a new launch condo you have to bear with the 3-year wait time, for the unit to actually be built and ready for accommodation, but if you can afford the waiting time, then this is the best option for your customized and smart housing. Also, the new launch condos come with 99 or 999 years of the lease agreement, so if you plan to resale your condo after 10 years then you can get the value as per the remaining lease period.

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