Search results

Yeah that is an option, however like you said you would be limited to the choices of the Apartments by then. And yes, I do agree it is a bit of a gamble both ways, either buying OTP now or established next Year once its complete. Right now I am definitely leaning more towards OTP because I...

Thank you for sharing your experience. :)

Nope, I have been renting long enough and its due time to buy. I get tired of moving around all the time. Plus kids will be coming in near future and would like to have our own place by then.

I will likely go scout out the area again before I commit to anything. Try to sus out the surroundings. Thanks.

71 Units split between 2 Apartment buildings and 6 Levels each. So it is a fairly big Development.

Ah ok. That is something I will think about. Thanks.

Yep, those details are definitely important to me. I will try to get a solicitor to arrange if specifics can be put into the Contract such as what brand the elevator may be etc.

haha...yeah if I don't end up finding an OTP I like, I will likely just buy an Established property but won't be until 2015 then. :)

Well if valuation comes in short I should have money to cover. Other risks include there is the possibility the Project may not complete or Developer goes bankrupt, however I will put my money in a Bank Guarantee to protect my Deposit. (Note: this is just in general in regards to OTP and not...

You are pretty much right. I guess the biggest concern is really just how these risks would affect my valuation come time for settlement. However, I should have funds saved aside to cover the valuation difference by then anyhow, so hence I am likely going to buy OTP. Just waiting for the right...

Hi Aaron, Thanks for your advice. FYI I am "Mr Anonymous" from Whirlpool and have decided to join this Forum because I heard you were also a member and was trying to see if I can get other advice hehe... I am aware that no one can answer the questions properly since it would just be...

Hi guys, Me and my wife are currently in the market looking for our first home to live in, we are seriously considering to buy an Off-the-plan Apartment however are hesitant due to all the risks involved. After doing a lot of research I have almost made up my mind to buy OTP anyway inspite...