{"id":8710,"date":"2017-01-06T03:35:30","date_gmt":"2017-01-05T19:35:30","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=8710"},"modified":"2023-08-04T17:45:42","modified_gmt":"2023-08-04T09:45:42","slug":"property-amenities-overhyped","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/property-amenities-overhyped\/","title":{"rendered":"5 things that home buyers get wrong about property amenities"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p><span style=\"font-weight: 400;\">If you believe property brochures, every house in Singapore is <\/span><i><span style=\"font-weight: 400;\">loaded<\/span><\/i><span style=\"font-weight: 400;\"> with property amenities. The most desolate hut on Pulau Ubin would be described as having sufficient facilities to start a colony on Mars. So forget that noise: here\u2019s how to make sense of when an amenity is real, and when it\u2019s just marketing spin.<\/span><\/p>\n<figure id=\"attachment_8711\" aria-describedby=\"caption-attachment-8711\" style=\"width: 800px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-8711\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2017\/01\/property-amenities-oxley.jpg\" alt=\"Property amenities are not created equal. Some are better than others...depending on who you ask\" width=\"800\" height=\"549\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2017\/01\/property-amenities-oxley.jpg 1030w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2017\/01\/property-amenities-oxley-940x645.jpg 940w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><figcaption id=\"caption-attachment-8711\" class=\"wp-caption-text\">Property amenities are not created equal. Some are better than others&#8230;depending on who you ask<\/figcaption><\/figure>\n<h3><b>One person\u2019s amenity is another person\u2019s waste of space<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Sales people talk about property amenities as if they hold objective value (the property amenities, not the sales people). In reality, \u201camenity\u201d is a vague term. What one person considers an incredible convenience (like a dog park), another may consider motive for domestic terrorism (like someone allergic to dogs, who has to live next door to said park).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sadly, many first time home owners don\u2019t think about this, and this results in a number of things they get wrong. Such as:<\/span><\/p>\n<ol>\n<li>\n<h3><b> Thinking that having a shopping centre nearby is a big plus<\/b><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Whether you\u2019re a first-time home owner, or first time investor looking to rent the property, let us clue you in on the general scale of value:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A shopping centre <\/span><b>with a low-cost supermarket that provides essentials<\/b><span style=\"font-weight: 400;\">, such as Sheng Siong instead of Cold Storage, is like a gift from the divine.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A <\/span><i><span style=\"font-weight: 400;\">major <\/span><\/i><span style=\"font-weight: 400;\">shopping centre &#8211; \u00a0by this we\u2019re talking four floors of retail, a cinema, and Din Tai Fung, which is basically the McDonald\u2019s of Chinese food \u2013 is <\/span><b>usually <\/b><span style=\"font-weight: 400;\">a big plus. However, some residents hate the noise and crowd. And some tenants don\u2019t care. <\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Any other kind of shopping centre, such as a small strip mall, or a mall with a collection of eccentric shops (one ice-cream parlour, a florist, and an antique store that looks like a front for money laundering) is <\/span><b>not a plus<\/b><span style=\"font-weight: 400;\">. It\u2019s not an amenity, alright? Because what are you going to do there, apart from steal free toilet paper out of the restroom?<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Don\u2019t just take think \u201cmall = good\u201d. Think hard about whether it\u2019s the sort of mall you\u2019re happy to frequent five times a week. <\/span><\/p>\n<ol start=\"2\">\n<li>\n<h3><b> Thinking nearby eateries are property amenities<\/b><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">If you\u2019re coping with your first child, first mortgage, and probably first psychiatric prescription, you won\u2019t have much money to spare. That means a coffee shop with $2.50 chicken rice is an amenity, but a $35 per head caf\u00e9 is just harassment when you\u2019re hungry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Money isn\u2019t the only concern here. Food allergies and preferences also come into play. If you\u2019re the sort who thinks bak kut teh with bread is the ideal food of choice, then good luck when the nearby eateries are Cedele, McDonald\u2019s, and a Morton\u2019s steak house. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Remember, it\u2019s an amenity <\/span><i><span style=\"font-weight: 400;\">if<\/span><\/i><span style=\"font-weight: 400;\"> it\u2019s the sort of food you\u2019re happy to eat on the way home, most days of the week. Otherwise, discount it.<\/span><\/p>\n<ol start=\"3\">\n<li>\n<h3><b> Thinking MRT stations are a huge deal<\/b><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">If you go back to, say, 1955, having a bus stop outside your block was a big deal. These days, not many people care. That\u2019s because there are bus stops pretty much all over the country. The same thing is eventually going to happen with MRT stations, so keep that in mind before assuming a train station means capital gains in 15 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said, MRT stations may not matter much to you, unless you use them. If you drive most of the time, then you might be paying a premium for an irrelevant feature. If you drive <\/span><i><span style=\"font-weight: 400;\">and <\/span><\/i><span style=\"font-weight: 400;\">the station is built yet, it\u2019s even worse: you might be soaking in the noise and air pollution to no benefit, once they start construction.<\/span><\/p>\n<ol start=\"4\">\n<li>\n<h3><b> Being overly impressed by park connectors, bicycle tracks, and nature walks<\/b><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Both the Urban Redevelopment Authority (URA) and developers seem to share a common mission: to assure you that you love nature, and taking long walks beside mosquito infested trees in humid tropical conditions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now if you happen to enjoy that sort of thing, more power to you. It\u2019s part of the property amenities, so enjoy it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But if your idea of a good hike is getting off the couch to buy a TV dinner from 7-11, you may want to rethink the need for this \u201camenity\u201d. Sure, in <\/span><i><span style=\"font-weight: 400;\">theory<\/span><\/i><span style=\"font-weight: 400;\"> it\u2019s not pleasant to live in a space with limited greenery. But an urban mess of concrete might be (1) cheaper than a place with landscaped parks, and (2) not a source of any discomfort to you. And let\u2019s be honest: there\u2019s more than one motorist reading this who\u2019d rather have more parking space, than another Tembusu tree to stare at. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As an aside, remember one thing about condos with landscaped parks: they need lots of gardeners. Gardeners don\u2019t work for free. Ergo, higher monthly maintenance costs.<\/span><\/p>\n<ol start=\"5\">\n<li>\n<h3><b> Thinking a great view is permanent<\/b><\/h3>\n<\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Bought a condo with a sea view? Well don\u2019t experience what certain owners at condos like <\/span><a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/bayshore-park\"><span style=\"font-weight: 400;\">Bayshore Park<\/span><\/a><span style=\"font-weight: 400;\"> did. Once other developments went up in the area, many of the owners found their sea view becoming a view of someone\u2019s newer condo.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s hard to make predictions about how long a great view will last. You could consider the area\u2019s zoning permits though: if there\u2019s room for more units to be built, don\u2019t count on what you see out the window to still be there in 10 or 15 years. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Speaking of which, a great view loses its charm a lot sooner than that. After the first year of residence, the view is about as refreshing and invigorating as taking stock of your toenail length. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">When you\u2019re buying a unit, don\u2019t obsess too much over what you see in the window. Stick to the important things, such as accessibility, solid management councils, and neighbours who aren\u2019t lunatics. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Property amenities&#8221; are what marketers use to lure buyers to buy condos. Here\u2019s how to make sense of what is real or just advertising lingo.<\/p>\n","protected":false},"author":21,"featured_media":54592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53589,57131],"tags":[],"persona":[],"class_list":{"2":"type-post","9":"entry","10":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 things that home buyers get wrong about property amenities<\/title>\n<meta name=\"description\" content=\"&quot;Property amenities&quot; are what marketers use to lure buyers to buy condos. 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