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Showing posts from July, 2023

12 | Breaking News: Impact of Rising Property Legal Fees and Attractive Discounts on Buyers

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In recent news, two significant developments in the property market have caught the attention of buyers and industry professionals alike. First up, let's talk about the dreaded rise in property legal fees. Yeah, I know, it's not the most exciting topic, but bear with me. On the flip side, though, hold onto your hats because there's a ray of sunshine shining through those ominous clouds. Turns out, buyers can now snag jaw-dropping discounts of up to 50% on lawyers' fees. In this blog post, we'll dive into these contrasting developments and uncover how they could shape your property adventures.

11| The Tale of the Unaware Owner: Condo vs. Serviced Apartment

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Once upon a time, I had a delightful chat with an owner who unwittingly bought a serviced apartment instead of a condo. Bless the creative developers who conveniently forgot to mention the property type in their ads and marketing materials. To top it off, the salesperson conveniently neglected to educate this first-time homebuyer about the differences between condos and serviced apartments. Well, you know what they say—ignorance is bliss until you pay the price. So, my dear first-time homebuyer, if you find yourself in the dark about the disparities between a condominium and a serviced apartment, fear not! I shall shed light on the matter and equip you with the knowledge to make an informed decision. After all, you're about to make one of the most wallet-draining purchases of your life. Now, let's embark on this enlightening journey by understanding the basics of condos and serviced apartments. How can we best describe these two creatures?  I daresay both of them boast multiple