Purchasing property can be a very challenging task owing to the fact that there’s always room for improvement in the construction of a building where not just one, but a number of workers are required to erect a final edifice. The work of the labour combined increases the chances of error and minor defects around the house of which the buyer should be well aware.
Checking a property for defects can be overwhelming as there are quite a lot of things that the purchaser needs to keep on the to-do list. A few important concerns include
√ floors which might have hollow tiles or places where tiles might be chipped. Such errors in the floors need to be fixed before equipment around the room is set in place for example cupboards, shelves and other furniture.
√ Internal walls and ceilings are necessary to be inspected for cracks, uneven surfaces and chips. Checking for fungus or watermarks indicating possibilities of water seepage in the ceilings is also extremely necessary. There may also be holes in the walls and ceilings due to the accidental knocks or bumps or the use of poor quality materials.
√ A new buyer needs to ensure that the doors and windows easily open and that rubber seals for the windows are intact. They should also look for dents, rust, missing screws and installation defects in the hinges where there might be inconsistent joints around the edges.
√ Switchboards, mechanical and electrical installations might have defects that miss the untrained eye and might not appear as inadequacies in one check. Such faults include loose switches and missing plaster around the boards. These faults and inconsistencies should be kept in mind while scrutinizing the newly bought new condo Singapore launch structure for flaws.
Some buyers are under the impression that property defects only comprise of architectural limitations and that they can check for these defects by themselves. It is indeed not true. A trained individual is often required for a proper check on things that are simply not seen as a defect by the untrained eye and might prove to be problematic in the future.
Once the rectification of the defects has been carried out and the buyer satisfactorily moves in and unfortunately comes across new defects, the developer has to step in now to bring about proper improvement in the unit and building. This is known as the Defects Liability Period (DLP) whereby the developer will make good any defects covered within this time frame as stated in the Sales and Purchase Agreement (S&P) signed between the buyer and the developer.
The developer is responsible for any defect that occurs in the unit and should rectify it at his own cost and expense in the duration of the month of having received a written notice. If rectification work is not carried out by the developer, the house owner can send the developer a Notice of Intent that he intends to carry out the defective rectification by listing the approximate cost of the work. The developer has 14 days to make good the defects. In the event that the developer is unable to do so, then the house owner shall carry out the improvements themselves with the help of workmen they have hired and the cost of the rectification shall be deducted from the developer`s sum.
With so many different and exciting new condo launches in the Singapore property market, it will not be easy for you to decide which new launch condo is suitable for your purchase. Allow us to help you assess your finances, plan your priorities and determine your best options. Thereafter, we will go and view the list of developments that you have shortlisted.
Make an appointment with us today by filling in the form and we will contact you very soon.