Costs of Maintaining a Landed Property
So, you're eyeing that nice piece of land, maybe considering a rebuild, or just doing some touch up work on a terrace house? Apart from the eye water cost of buying a place, do note that there are additional costs in the upkeep of a landed home. Now we are not talking about cluster homes, or even those homes within a condo development, where maintenance is a running cost that you pay funds towards each month, no, we are talking about homes you own outright, be it 99 year or freehold properties. So whilst these do not have monthly maintenance bills, you should put money aside for repairs and also upkeep, and these will come as part of wear and tear. So here's a small list of the potential costs you may face and then you can decide if the hassle and costs are worth it. Remember, it is not only the money, but the trouble of finding people or tradesmen to come and sort out the issues. Swimming Pool - 70-80 per visit Now this is a nice feature to add to your home, but bear in...