House #281/A, Road #19/C. New DOHS Moakhali, Dhaka-1206

Factors to Consider when Buying an Apartment

Accommodation is basic human needs and rights, but the means of getting a place to stay varies from person to person. Some choose to stay in a rented house, while others want to buy their own Apartment.

Although Renting an apartment might seem as the easier option but over the years one might realize that it is a waste of money, as he or she will keep on “throwing away” money every month yet will never have the freedom or satisfaction of staying in his or her own house. That’s why a lot of people nowadays are saving up and taking loans to buy their own property or apartment.

Since it is a matter of a lifetime purchase, i.e. buying an Apartment is not like impulse purchase, where you can replace or discard off what you have bought easily, thus, people take a lot of time to decide on buying the Apartment so that it is the most suitable for them. Sometimes the time taken to decide is too long as the buyers get confused as there are not enough and proper guidelines for them to follow.

  • 14/04/2022
  • Admin

That is why we have explored a list of points to be considered and why they are important when buying an apartment.

  1. Location and Lifestyle Inde The Lifestyle Index or Quality of Life, in more common terms, is a means of measuring the standards of living of an individual or the society and their expectations for a good life. It is advisable to find a location that allows easy access to the places where you need to visit the most e.g. workplace, schools, hospitals, banks, shops, recreation facilities, friends and relatives, etc.

On top of that, how are the expenses i.e. cost of monthly shopping, school fees etc. and the standards of those places. Not every lifestyle might be suitable for you. These factors will help you have a peaceful living in your apartment. We have discussed about in a separate News.

  1. Size of your family and size of the Apartment

A lot of people cannot or do not properly plan based on this factor and later when the family size increases, they require to buy a bigger apartment. This can also go the opposite way, like buying a large apartment out of emotional impulse, and later finding it empty most of the time.

  1. Built up Areas, Floor Areas, Carpet areas and Common Areas

These terms are vital to know about for anyone planning to buy an Apartment. Generally, a property’s area or the super built-up area includes the entire area including shafts, elevator space, stairs, thickness of walls and others. Carpet area on the other hand, is the actual area within the walls of the flat. Before buying an Apartment, buyers can learn about these terms and know the specific areas against each criterion.

  1. Architectural Design

This includes a lot of factors. The number of bedrooms, arrangements and layout of rooms, the orientation of the building i.e. which side of the building is open, consideration to lighting and ventilation, open areas, landscaping etc. Moreover, the overall aesthetical value or outlook of the building is also important. For example, a Fare-faced building like Suvastu Anondolok and Suvastu Shahnawaz is nice to look at from the outside and it doesn’t require much maintenance after construction. The total architectural design adds value to the apartment both, for the sellers and to the buyers.