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28 December 2024

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Whoyagonnacall? Off-the-plan should not be off-the-cuff

We published two articles on Whoyagonnacall:10 unspoken risks buying off-the-plan which generated not only a lively discussion, but requests to combine into one document to share with family and friends. For example, AlanB wote:

"This is a most informative article that deserves wider publicity and exposure. It should be put into brochure form and compulsorily handed out to all prospective off-the-plan apartment buyers. But that will be opposed by real estate agents and shonky developers. Parents need exactly this information to pass on to their young adult children."

We have combined the articles into one downloadable PDF on the link below:

Document version of
Whoyagonnacall: 10 unspoken risks buying off-the-plan

 

The details covered in the 10 points include:

1. Who will identify the defects?

2. Who will fix and pay for the defects?

3. Who will enforce and manage the work?

4. Is your new dream property even what you paid for?

5. Who is on the Strata Committee and what are the strata fees?

6. What internal and external noises will the apartment suffer?

7. What are the views really like, and what’s that smell?

8. Why is that community coffee shop still an empty space?

9. Why can’t I sell my apartment for more than I paid for it?

10. Is that common property or is it mine?

 

 


 

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