Top tips for buying a condo Investing in new property can be exciting. Watching your new condo being built right before your eyes is a thrilling experience. Many people find it hard to invest in properties which aren't complete yet. But, investing in an upcoming condo project like Kovan Treasure can be quite rewarding. Just keep the below tips in mind and you will certainly benefit from your purchase in the future: - You will get an opportunity to negotiate the condo's price if you're buying in before construction begins. Developers usually offer significant reductions in the price of a condo if you are buying it early on. This is because they want to sell as much of their property as possible so as to reduce their interest burden. You will also be able to benefit from capital appreciation since the value of the property is only going to go up with time. - Ensure you thoroughly research the area in which the condos are being constructed. If you're thinking of living in the property, you need to make sure the neighborhood is good, and it offers all the amenities you require. If you're just investing in the property, make sure there is a decent demand for rental condos in the area. - Always remember to check the specifications of the condo before making a purchase. There should be a model condo available for you to check out. Make sure you visit it and ask any questions that pop into your head regarding the finish, communal areas, parking, etc. - You should also check the aspect of the condo which you are going to be purchasing. What view are you going to get? You wouldn't want to have a brick wall for a view, right? You need to voice your concerns. Investing in condo's before they are built is a great way for you to get luxury properties at reduced prices. It is a great solution irrespective of whether you're an investor or are simply looking for a new home to live in.