Good day!
Firstly, I would like to assume that you are thinking to buy a brand new unit ie newly launch, thus the question about whether a developer's track record is an important consideration.
If the assumption is correct, then the question is back to you which would you like to place heavier weightage when evaluating the various projects that you had seen. SOme quick questions are :
(1) Is close proximity to important to you.
If the unit is meant for investment/rental, you might take this into a key element.
(2) Location & type of project.
For projects in areas like Bt Timah, they are source after because of the address. For that reason, the units tend to be build with better finishes and nice touches/features/facilities. Only until the announcement of the construction of DTL2, all project along Bt Timah were not close to any MRT station yet commanding a premium in price.
For new projects, the developer's track record serves to give the buyer an assurance that certain quality of work will be deliver, as compared to a "little known" developer. Of course, we are not saying these "little know" developed cannot do a good job, just that you know little of them - that is.
In my opinion, if the purchase is to be a resale unit that was build years back, it is of little important about who is the developer, but on how well the estate is being maintained when you conduct the viewing. Do not just look at the unit that you are buying. What is the point if the estate is not well maintain?
Feel free to contact me if you would like to discuss more on this subject or assistance to source for that dream unit for you.
Best regards,
Chin TW
DTL Property Network Pte Ltd
Mobile :
91854434
E-mail : ctw4393@yahoo.com.sg
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