While it is true that vehicles depreciate faster than landed properties, the cost to build one can cost a lot. To guarantee the interior design and architectural structure will last for years, you should consider engaging with a real estate developer in Singapore.
With years of experience and expertise in constructing a building, a developer can make your ideas come to life. If you plan to hire one soon for your upcoming building project, here are the things you need to do to work well with a real estate developer.
1. Get A Breakdown Of The Estimated Quote
Knowing the total amount of the construction project is not enough. The only way to prepare your budget is to have a breakdown of the estimated quote, from the material cost to the quantities.
2. Ask If They Are Working With Subcontractors
Besides asking for a breakdown of the estimated quote, you should also determine whether or not they are working with a third party. In most cases, those relying on subcontractors are relatively more expensive than those who don’t.
3. Establish Good Communication
Update one another to avoid misunderstandings with your building developer in Singapore, The only way to do this is to establish excellent and consistent communication. Consider setting up a specific date and time when you will contact each other about the construction project.
4. Plot A Projected Timeline
Completing a building construction depends on the number of workers and how many-storey of a skyscraper they are building. Ask your chosen building developer about their capability so you can have a rough idea of how long the construction will last until completion.
5. Often Visit The Construction
Whether you are building an ordinary one or a condo complex, visit the developer in Singapore without them knowing. A surprise visit will help you see if they are doing their part based on the agreement you both signed.
6. Track All Changes in Writing
No matter how trivial the changes that happen, you should always put everything into writing and determine the alternation of the cost. Consider consulting with your legal team before proceeding with any changes and signing the newly added terms and conditions.
Now you know how to build a good relationship with a real estate developer, you better start your search to find the right one. Check out Keppel Land and see how good they are at constructing luxury condo buildings and other establishments in Singapore.