Would You Buy a New/off The Plan Apartment?
Last edited 09/11/2019 - 18:53
I am looking to buy my first place to live in, in my price range I can get an old apartments which needs a renovation and most likely will contain asbestos (built in 70’s 80’s) or a place <5 years old for about $10k more (sometimes even the same price). New apartments have modem amenities and are slightly bigger but I’m worried about build quality.
There’s been a lot of news recently about poorly built apartments in Sydney and whilst I’m sure there’s cowboys out there, would there also be long standing builders/developers who would want to maintain their reputation and continue business?
Am I foolish for considering a new/off the plan apartment?
21Buying new/off the plan is safe/fine if reputable.
61Buy old and renovate.