I am thinking of buying an under-construction property.
I visited the site and it is near completion. (should be done 2-3 months time.)
Would like some insights from anyone
with experience on buying under-construction property.
Some questions on my mind is,
1) How long does it take for CF to be issue after completion
2) Does Property generally appreciate right after CF is issued
3) What are the "important" things i have to take note of
in terms of payments. (exp. who pays initial insurance, sinking fund, etc.)
Any sharing on this topic would be great.
Added on September 11, 2009, 8:35 pm
QUOTE(shchoy @ Sep 11 2009, 10:33 AM)
Hi Folks,
I am thinking of buying an under-construction property.
I visited the site and it is near completion. (should be done 2-3 months time.)
Would like some insights from anyone
with experience on buying under-construction property.
Some questions on my mind is,
1) How long does it take for CF to be issue after completion
2) Does Property generally appreciate right after CF is issued
3) What are the "important" things i have to take note of
in terms of payments. (exp. who pays initial insurance, sinking fund, etc.)
Any sharing on this topic would be great.
Wah... nobody bought on-going construction property before?I am thinking of buying an under-construction property.
I visited the site and it is near completion. (should be done 2-3 months time.)
Would like some insights from anyone
with experience on buying under-construction property.
Some questions on my mind is,
1) How long does it take for CF to be issue after completion
2) Does Property generally appreciate right after CF is issued
3) What are the "important" things i have to take note of
in terms of payments. (exp. who pays initial insurance, sinking fund, etc.)
Any sharing on this topic would be great.
This post has been edited by shchoy: Sep 11 2009, 08:35 PM
Sep 11 2009, 10:33 AM, updated 17y ago

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