REAL estate entrepreneurs recommended that the contractor’s background is important when investing in presale apartments and condominiums.
Buying to live, to do businesses, to open a shop, to rent it out, and to invest for reselling are among the purposes of transactions.
However, as some finished buildings have been found to tilt a little, prospective presale buyers need to study them.
“When buying an apartment, either a contract building or a condominium, quality and facility are important, including the work and painting. Some contractors built without support columns and their buildings tilted. If you are investing in a presale property, I think the background of the contractor is very important,” said an official from Prime Estate.
Decisive factors for property prices include location, business opportunities, transportation, living standards in the environment and quietness when buying real estate. For buying a contracted building, it is required to check the original land title deed and the contract between the landowner and the contractor and to ensure concrete soundness, the buyer should publish a notice in the newspaper, he suggested. — MT/ ZN
