To guide you in your next home purchase, here are 10 red flags I've shortlisted that you should always keep a look out for. Trying to sell a home will incur significant costs in Singapore (Seller's Stamp Duty and the like), and you can't just return it if you find issues with it after moving in. Some problems are rectifiable, but some will be difficult to sort out or can be potential dealbreakers for you. If you are competing with many other buyers for a popular property, it's just natural to rush into a decision and overlook the details of the home.Īfter all, if you are fussy about it, there will always be someone else who isn't - and willing to take the place given the demand for homes.īut remember, buying a home is unlike buying a phone or a television set. It may also be down to the current hot property market. Perhaps it's a consequence of Singapore's generally safe environment, that many homeowners can get overly relaxed when looking for their home. While this was an issue that was harder to spot (it was covered by the false ceiling), this oversight would become a costly problem as the unit was bought on a caveat emptor basis. I recently read about a homeowner who bought a resale HDB only to realise there were 14 holes in the ceiling.
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