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Your Complete Guide To or a long time, you’ve dreamed of having your very own home—a place YOUR COMPLETE where you can pursue your passions and interests as well as a safe haven F where you can relax at the end of a tiring day. You’ve decided that a condo GUIDE TO is the perfect place, given your needs and budget. But before you start looking at interior design pegs on Pinterest and canvassing for furniture, make sure you get all the nitty-gritty details out of the way. Before you even purchase your home, lay a strong foundation by doing your research and covering all your bases. That way, Buying when the time comes to move in, your experience will be fun and hassle-free. a Condo Five Things to Consider Before Buying a Condo Investing in a condo is a big step. Since Unit size and layout there are so many factors to take into Consider who will be living in the condo, consideration, proper planning is essential to not just today but also in the future. You ensure that you are making the right choice. may be thinking about getting a studio As you consider different options, here are a 2or one-bedroom unit right now, but if few things you need to look for. you’re getting married in a few years, then perhaps a two-bedroom unit may be better. Or maybe you only have one kid now, but if you’re planning to have more children, then you should definitely invest in a bigger space. Price How much is the condo? Is it within your budget? Can you afford the monthly payments? Look into financing options, 3such as housing loans, and talk to your agent about payment schemes that are right for you. It’s wise to choose a Location place that is within your price range, but Is the condo near your place of work? Is it also think about how your purchasing easily accessible via public transportation? power may change in the future. If you’re Is it close to good schools, shopping malls, expecting to be promoted soon or if you 1and hospitals? Is it safe? These are just plan to get married and your fiancé is some questions you need to ask yourself willing to help with the expenses, then before investing in a new place. consider those factors as well. Amenities Think about your hobbies and The Punch List interests. Are you an exercise Living Room Bedrooms buff who needs to have a gym Floors Floors 4just a few floors down? Do Walls Walls your kids love swimming on Ceiling Ceiling weekends? Are you a nature Electrical Outlets Electrical Outlets lover who likes to take morning Light fixtures and switches Light fixtures and switches walks in the garden? Then make Windows Windows sure the condo you choose is Doors Doors equipped with these amenities. Provision for TV and cable Provision for Air-conditioner Provision for telecom and Provision for Landline/ internet service Internet Experience and reputation of Provision for air-conditioner Others the developer Look at the other properties this developer has built. Are they Dining Room Bathrooms 5known for the excellent quality Floors Floors of their work? Can you trust Walls Walls that they will finish building the Ceiling Ceiling condo and turn over your unit Electrical Outlets Electrical Outlets on the date that they promised? Light fixtures and switches Light fixtures and switches Think of the developer as your You’ve finally chosen the perfect condo and you Windows Windows partner in building your dream can’t wait to move in! Before you do so, you need Doors Doors home. You want your partner to to make sure that everything is in order. That’s Others Mirrors have years of experience and a what a punch list is for—it’s a list of things you Towel Bars good reputation because you’ll should carefully examine in order to see if they Toilet paper holders be depending on them to create are working properly or if the developer needs to Kitchen Sink a great place for you and your fix them. Floors Shower head and faucets family to live in. Check on the Walls Toilet flush reputation and track record of In general, you need to make sure that all Ceiling Cabinets your sales agent or real estate finishing works, such as the painting and Electrical Outlets Shower glass enclosure Light fixtures and switches Tile grout and water broker as well. Keep in mind terminations of the ceiling, walls, and floors, were done properly. Inspect all operable items such as Windows sealants that your agent is your personal Doors guide in each and every step. doors, windows, and cabinets. Test all electrical lines (switches and outlets), water lines (faucets, Kitchen Cabinets If you’re not satisfied with your Faucets General/Others agent’s service, you can request toilets, and bath fixtures), drain/sanitary lines (kitchen sink and toilets), and exhaust/auxiliary Sink Smoke detectors for a new assignment from your facilities (range hood). Grease Trap Sprinklers developer of choice, and they Countertop Fire extinguisher will be more than happy to assist Provision for range hood Main circuit breaker you. After all, it is a significant Here is a ready-made punch list with all the and exhaust Main water valve investment so you need to feel things you need to check. Take it with you as you Provision for refrigerator Emergency Exit at ease with the whole process. go through each area of your condo and make Others Intercom notes if you spot anything that needs to be fixed. FAQs : Things You Need to Know Here are a few additional reminders for your unit inspection. How much time does one need to go Who needs to be present during the What should I do if I see something through the punch list of a typical inspection? in the unit that needs to be fixed? Q condo unit? Q Q Inspecting your unit can take about one The principal unit owner or an Note it down on your punch list and to two hours, depending on its size and authorized representative (also known discuss it with the developer so they A how thoroughly you do your inspection. A as an S.P.A. or special power of attorney) A can rectify the problem. No need to It helps to have a ready-made punch list on needs to be at the inspection. An engineer or worry about minor imperfections prior to unit hand so that you know exactly what to look technical representative from the developer turnover as your developer will fix it for you. out for. should also be present. It would also be beneficial if your sales agent or broker is present so that all product details shared during your purchase process is cross-checked Can I also inspect the common areas against your condo unit’s delivery. Q of the condo, such as the amenities? What do I need to bring during the Condo owners are only allowed to inspection? inspect their own units. The property management office inspects common Q areasA on behalf of the homeowner’s association board. However, the unit owner is given a tour Bring two valid government-issued IDs. of the common areas and amenities as part of For authorized representatives, bring the overall turnover process. A two valid government-issued IDs plus a notarized Special Power of Attorney (SPA). Don’t forget to bring your punch list and Investing in your very own home is an masking tape to mark the items that need to exciting journey. While there are a lot of be fixed. You can also bring your camera to take photos, along with a copy of the unit’s things to consider, being extra prepared layout so you can easily refer to it. and vigilant will definitely be worth it. Find Your Dream Home with Century Properties With its proven track record of providing distinctive, high-quality properties in the Philippines, Century Properties offers unique real estate concepts that bring value to their clients. Choose from among these cutting-edge, hyper-amenitized condos and be one step closer to finding your ideal home. Azure Urban Resort Residences Century City, Makati If you’ve ever dreamed of living near the beach, Live like a VIP in Century City’s luxurious then this place is for you. A tropical paradise residential towers: The Gramercy Residences, at the heart of Parañaque, Azure features The Knightsbridge Residences, The Milano a man-made beach and a wide range of Residences, Trump Tower Philippines, and amenities, such as a lap pool with cascading Century Spire. Inspired by the finest addresses waterfalls, kiddie water slide, poolside bar, in New York, London, and Milan, each hyper- beach volleyball area, and the Paris Beach Club amenitized condo comes with its own fitness designed by Paris Hilton. center, swimming pool, and luxury spa. Plus, you get grand and unparalleled views of the Makati City skyline. Commonwealth by Century Acqua Private Residences Ideal for families, this residential development Nature lovers will appreciate Acqua’s lush, Century City is also home to the cutting-edge is a safe haven in Quezon City. It’s conveniently tropical rainforest-infused design and its outpatient facility Centuria Medical Makati, and located near top schools, shopping centers, convenient location along the banks of the the popular food and shopping destination churches, and major thoroughfares and public Pasig River. Not only is it easily accessible from Century City Mall. It is located in Poblacion, transportation hubs such as the Don Antonio Mandaluyong and Makati, you also get a view a vibrant neighborhood filled with bazaars, station of the upcoming MRT Line 7.
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