When purchasing a new executive condominium or new launch condo, there are several important factors to consider. These factors can affect the costs of the purchase. By understanding these differences, you can make an informed decision that is best for your budget. The following are some of the costs associated with each type of condominium.
The costs of buying a new launch condo can vary. From high-end mixed-use developments to cosy boutique residences, there are several factors to consider. First, you need to understand the payment process. In most cases, you need to pay a booking fee of about 5% of the total price of the condo. The developer will then issue a Sales & Purchase Agreement or an Option to Purchase Agreement.
Another reason to purchase a new launch condo is the attractive payment schedule. You don’t have to pay the full amount in one go, as the payments …