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Ok, I only mention it because in one of the developments we bought into, the OC could not get structural issues (which became apparent a year later) fixed by the builder because they could not be contacted (i.e. dissolved themselves). I think eventually things were sorted through insurance, but...

Depends how desperate they are. Also, who is doing the build? Where are their previous projects (not the developer!)? The noise insulation is a huge issue - and you can't tell until you move in. Not just from neighbours but the traffic nearby. The Y-man

Like I said, double it to be sure. The Y-man

If it's centralised AC, it can add significantly to the OC maintenance fund. The Y-man

I agree with your dad. The unit can still make a very attractive investment (esp if it has yard etc) ALSO: What is the OC costs for the flash apartments? If it is only estimates at this stage, double it. New apartments have their share of excitement (problems) - have a look for posts...