When comes to buying or renting a property, it is not just about location-location-location, it is equally important to select a right unit in order to ensure you have the most value buy. However, best value may not be the case for those who buy it for their own stay. there are a few important aspects you should consider when comes to choosing one of the most expensive assets in your life. PROPCAFE hopes this article can help you with this.
As mentioned, there are many factors to consider when you select a unit of property whether you are buyers or tenants. From water tank location, refuse chamber room, lift lobby, privacy, direction, to own Ba-Chi Fengshui requirement, it is all depend on individual”s preference as many times, the negative is positive to others. For example, nearer to lif lobby could be seen as noisier to some buyers but it could be a positive for others who do not like to walk far from the lift lobby to their unit, especially if there is an additional fireproof door at the lift lobby with proper “soft close” door. Same to refuse chamber room, not many like to carry the thrash for long and the key is to ensure there is the design of the thrash room is segregated properly with additional doors and ventilation.
PROPCAFE is not covering all the above but focuses on the biggest dilemma of the buyer which is to make a decision on whether to go for a high or low floor. We will solely focus on this area to share the pros and cons of high and low floor units.
What is so good about the high floor?
- The scenery and Aerial View – The panorama view of nature or the city to many residents is priceless. For those without a balcony and a small sliding door/window, it will be relatively less important. One common mistake is to pay the premium and buy a high floor but lower than the mountain because it means you will not be able to enjoy anything at night but a total blackout! In addition, sometimes the view could be blocked in the future by new developments.
- Lower Interest Payment During Development – Although higher floor units are more expansive, as it is the higher floor, based on the schedule H, the progress payments will come in much later than the lower floor, therefore, you may save more loan interests than others.
Unfortunately, there are many negative factors that may affect the high floor units
