If you have bought new apartment/unit lately ...

Discussion in 'The Buying & Selling Process' started by Pumpkin, 5th Aug, 2016.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Pumpkin

    Pumpkin Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,342
    Location:
    Brisbane
    To those of you who have bought new apartment or unit recently, especially those in the capital cities. Or know someone who has. Can you share with us what are the issues faced after it's handed over and moved in?

    Heard that one of the highrises, has stone benchtop not being sealed properly, and wine sipped thru the benchtop. I guess the builder would need to fix it somehow.

    Also read in another thread here that the ceiling is lower than contracted.

    Just trying to gauge what might happen with new developments in today's technology. Years ago there were different stories like the whole wall fell off!
     
    Pumpkin, 5th Aug, 2016
    #1
  2. EN710

    EN710 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,218
    Location:
    Melburn
    Small things mainly:
    • Carpet nail (not sure what this is called) sticking out and nicked my feet - the dev need to comeback, rip things apart and put shorter nail in for the entire place.
    • Poor paint job
    • Unremovable mark within the glass door
    • Faulty fire alarm (did not stop ringing)
    • Faulty sink (it is actually casted poorly and doesn't drain water. They need to replace the entire unit)
    The big things are within the common area
    • Non-sealed flooring
    • Leaking pool into parking space
    • Poor quality cctv camera where you could not even take people face or car plate number
    • etc
     
    EN710, 5th Aug, 2016
    #2
  3. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    2,131
    Location:
    on my way
    did you buy otp??
     
    samiam, 5th Aug, 2016
    #3
    Pumpkin likes this.
  4. joel

    joel Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    876
    Location:
    Adelaide
    If you just bought a new OTP apartment
    I feel bad for you son
    I got 99 problems
    But oversupply and poor build quality ain't one
     
    joel, 5th Aug, 2016
    #4
    Gypsyblood, Pumpkin, S.T and 2 others like this.
  5. EN710

    EN710 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,218
    Location:
    Melburn
    I did indeed, this was 2 years ago - our PPOR
     
    EN710, 5th Aug, 2016
    #5
  6. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    2,131
    Location:
    on my way
    If it's in Sydney and 2 years ago, everything is forgiven :p
     
    samiam, 5th Aug, 2016
    #6
  7. EN710

    EN710 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,218
    Location:
    Melburn
    ;)
    Should have bought a house though :oops:
     
    EN710, 5th Aug, 2016
    #7
    Pumpkin and samiam like this.
  8. jins13

    jins13 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,358
    Location:
    Sydney
    Didn't have any issues with my OTP townhouse :)
     
    jins13, 5th Aug, 2016
    #8
    Pumpkin likes this.
  9. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    2,131
    Location:
    on my way
    Me too. Bought a brand new apartment in western Syd few years back :confused:
     
    samiam, 5th Aug, 2016
    #9
    EN710 likes this.
  10. Stoffo

    Stoffo Well-Known Member

    Joined:
    14th Jul, 2016
    Posts:
    5,331
    Location:
    In the Tweed
    Building technology can be questionable.
    Like the apartment block in Melb a few years ago that was "flamable", yes it caught fire!:mad:

    The types and styles of buildings and products are so varied now, it is hard to tell not only what you are getting quality wise, but IF it will last/wear well.:oops:

    Agree it is a risk now to buy OTP, particularly in Sydney, but some DD goes a long way ;)
    I recently bought OTP, looked at the area and services, then at the builders recent projects, and finally had specifics amended/added to the contract, very :D

    With zoning changes in "The Shire" there is A LOT of multi storey apartment developments going up, and the quality of many are dubious (built to a price & profit, with little regard for anything apart from meeting code/getting past warranty period), am avoiding residential in Miranda due to over development and Sutherland due to older developments and social reasons
     
    Stoffo, 6th Aug, 2016
    #10
    Pumpkin likes this.
  11. Pumpkin

    Pumpkin Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,342
    Location:
    Brisbane
    Oh dear, if you consider these small things, wonder what you consider big....:eek:

    Hang-on, it's here! This is shocking.
     
    Pumpkin, 6th Aug, 2016
    #11
  12. Pumpkin

    Pumpkin Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,342
    Location:
    Brisbane
    Wanna share Lucky Man?
     
    Pumpkin, 6th Aug, 2016
    #12
  13. Pumpkin

    Pumpkin Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,342
    Location:
    Brisbane
    I tried to search "OTP" but PC deem it's too search, hence this post.
     
    Pumpkin, 6th Aug, 2016
    #13