7 methods to choose a value and suitable condo for you

7 Ways to Buy a #Condo for the Best Value


Choose a #Location you like, both now and in the future.


Location is another factor that will help you make buying a condo worthwhile, both in price and quality of life. If you choose to #buyacondoinBangkok, a city condo near the BTS Skytrain and surrounded by amenities, you'll undoubtedly face higher condo prices in developed areas. For example, Thonglor, a business and lifestyle center, condo prices start at 280,000 baht/sq m and up. Moving to Phrom Phong, a popular Japanese community, condo prices start at 250,000 baht/sq m and up, which is relatively close. Obviously, there are two factors to consider when buying a condo in this area: deep pockets and investment. Renting or reselling in the future will bring high prices, even though there will likely be more competition. However, for salaried and office workers, choosing a condo that's worth it depends on the following factors:

Price within your budget and a location that's conducive to daily living. For example, a condo priced under 3 million baht within walking distance of the BTS Skytrain, or a condo priced under 2 million baht with convenient commuting to work.

Suburban locations, which are expected to be developed into development hubs in the future, offer another cost-effective option for condo purchases. Although the location is somewhat suburban, buyers are finding affordable condos and surrounded by abundant amenities. Important amenities are also expected to be developed to match the development of inner-city areas, such as Bang Na, Pinklao, Phetkasem, and Charansanitwong.

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Find information on #projects in that location

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Before actually visiting the area, you can easily find information on various projects or choose a house without actually visiting the project by searching for #houses and #condos online. Research the available projects in the location you're interested in. Try typing keywords into various search engines, such as "condominium" and the name of the location you're interested in. A wealth of information will appear, allowing you to choose the right one. Save this information for future considerations.

However, it's also a good idea to research a few more details about the anticipated new projects in the area to help you make your decision. Whether to wait for a new project depends on the overall project landscape. If you're not completely satisfied, waiting isn't a bad idea. However, if you find something you like, it's also a good idea to make a decision right away.

Buyers can rate each project out of 10. How satisfied are they? If they like the overall score above 7, they can decide. But if they like only 5-6, they might want to wait a bit longer. A decision to purchase a #home could mean spending their entire life savings. Don't rush into it and make a mistake.

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Screening #Projects of Interest


After identifying a project of interest, compare it briefly with online images, location, and price. Then, screen 2-3 projects, preferably no more than 4, for ease of screening. You can rate each project on a scale of 1-10 and select based on criteria that best meet your needs.

If they like the overall score above 7, they can decide. But if they like only 5-6, they might want to wait a bit longer. A decision to purchase a #home could mean spending their entire life savings. Don't rush into it and make a mistake.

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Make a list of things to consider before purchasing a #real estate property.

Buyers should have a notebook to write down information to survey in advance. Then, you can rate each project in each category, such as:


Location
The project's surrounding environment, such as whether there are restaurants or convenience stores, or whether they have changed.

The project's internal environment, such as project amenities.

Unit type or unit layout

Price
Value

Promotions

There is no right or wrong way to rate each category, as each category is based on individual satisfaction levels. Not all locations are suitable for everyone. Some people prefer one location for this reason, while others prefer another for another. It all depends on your personal preferences and your family's lifestyle.

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#Site Survey of each project


This is the most important step: visiting the actual project before making a decision. This is to determine the location, its accessibility, its amenities, and whether it's isolated. If you've already made a list of things to consider before visiting, you can immediately rate your satisfaction when you see the actual location and project information. If the selected projects are in close proximity, it's best to plan your route carefully to save time.

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Compare all aspects Pros and Cons

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Once you've visited each project's location, you'll have a clear picture of what each project is like and how satisfied buyers are. The next step is to compare the information you've received across all aspects. Key considerations include the location of each project, the brand and development history, the layout, # of units, sales prices, promotions, and after-sales service.

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Check out the details of the project's special offers.

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The final step in making buying a condo worthwhile is to consider the special offers and #promotions offered by the developer to determine whether they're worth the investment. Consider whether they're reasonable.

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Source: DD Property and SAN SIRI