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 Would you buy a 20 year-old condo or apartment?, Take your pick!

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TSSkydrop
post Jul 9 2010, 10:10 AM, updated 16y ago

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This poll is to conducted to gauge your outlook and opinions on aged condos and apartments. No intention of upsetting anyone directly or indirectly.
TSSkydrop
post Jul 9 2010, 02:02 PM

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yeah, for someone to opt buying a 20 year-old property, I'm sure the overall maintenance aren't too bad. Some people said, the building quality could be much better than some of the new ones around.


TSSkydrop
post Jul 9 2010, 02:15 PM

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QUOTE(airline @ Jul 9 2010, 02:06 PM)
i would buy a 20 year old Faber Ria at taman desa
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Barista, Cranx, Rakyat & Airline
cool2.gif Some people dare not live in a 20 year old building regardless. But they still buy and rent it out rolleyes.gif
TSSkydrop
post Jul 9 2010, 04:23 PM

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QUOTE(rakyat @ Jul 9 2010, 04:04 PM)
I thot it was only applicable to highrise (condo or apartment)? If for landed, I will not touch. Speaking on my own experience, older houses tend to require many expensive repairs which cannot be seen e.g. roofing & plumbing, termits.
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blink.gif I thought condo/apartment also can face the same problems you listed? I have heard of condos having termites problem. Roofing - even if you are not on the top floor, may have pipe leaking issues, etc. Less than 10 years old properties also can have these problems..... doh.gif
TSSkydrop
post Jul 12 2010, 10:04 AM

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QUOTE(SowYau @ Jul 10 2010, 09:02 AM)
I realize those condo buildings façade which have been re-painted, looks refreshing and new regardless of what "happen" inside.
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What do you mean 'what ''happen'' inside? mind to elaborate more?
TSSkydrop
post Jul 14 2010, 10:07 AM

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QUOTE(jam_lennon @ Jul 13 2010, 10:08 PM)
do take in the concern which the loan approval, my fren bought a >20y apartment @ 150k, but after access by bank loan evaluator(i dunno wat's the exact name) that apartment only worth 135k therefore my fren can only take up to max 135k loan
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Sad to say jam-lennon, this one is true and it is happening in lotsa places (locations) & properties regardless of the age of the property. People call it 'bubble'.

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