The Florence Residences Condo Hougang Logan Newly Released Island Pool
Enjoy Pre/ Early Launch discounts
One of the advantages of a newly launched project like The Florence Residences is that you are able to enjoy early launch discounts. Developers will provide you with an array of discounts. It is likely that this will take place at what it is called, a VIP Preview, whereby buyers are invited to view the units first-hand before everyone else. With this, you will be able to purchase at a lower price compared to others who purchase at a later stage.
Condo with the latest facilities, features, and design
It is no doubt that choosing a newly launched condominium gives you the latest facilities, features, and design as compared to a resale. The infrastructure, design of the apartment complex, the interior of the unit, and outdoor facilities will likely be more up to date with the current times. Take, for instance, a resale condominium is less likely to have the luxury of a smart home as compared to a newly launched one.
In addition, as developers become more and more competitive, they warrant the need to be able to provide convenience for their residents. Developers are introducing new facilities such as commercial space within the apartment complex, such as supermarkets, hair salons, childcare centers etc.
Lower maintenance costs for new condos
Investing in a newly launched condominium means that you are less likely to be exposed to the horrors of a malfunctioning appliance. There will be new appliances furnished within the household, which means that these items will take a while before wear and tear. Because of that, you do not have to worry about paying more money to fix these things, as it will be in spotless condition.
A wider range of units to choose from
At a new launch, you are undoubtedly spoilt for choice. A new launch allows you to select which unit catches your attention the most, or perhaps the one that allows you to attain your preferred customer base. Exhibit A; families. You can discuss this with your property agent, letting them know your preferences and what you are looking for. You are also open to visit the showroom by yourself, but hiring a property agent makes it a less stressful process as they will guide you through it, without the need of having to figure everything out by yourself.
Progressive Payment Plan Option
After the withdrawal of the deferred payment scheme (DPS) in 2007, the government has introduced the progressive payment plan whereby home buyers will have to produce a payment in installment after each stage of the construction work has been completed. The option of a progressive payment plan, while may seem daunting initially, it could actually be suitable for you. With this plan, it allows you to set aside money in larger frequencies, at a smaller value. In other words, you are not expected to produce 80% of the cost of the house at one shot. Instead, you produce about 5 to 10% each time a part of the condominium has been built. This ensures that you are providing payment constantly, and you do not run the risk of being unable to pay the share required after the house has been completed.
