Quote:
Originally Posted by Cypherus
Thanks for sharing your experience. From hindsight, it appears his negative experience may be an isolated case and somewhat over-the-top in terms of pickiness. I currently live in a low rise condo, and despite the building being only 1.5 years old, it already had its first flood caused by a burst sprinkler system in the attic. It flooded 2 units and caused thousands in damage. The cause was improper installation and poor insulation from outside elements. The flood details in the meeting minutes are going to make any prospective buyer turn away. So current owners are going to be taking a hit. To me, I'd rather live in a high quality, concrete-constructed building like Park Place with the odd noisy neighbors that will quiet down over time once strata exerts its control, then a low-rise wood-frame building with low quality construction but with quiet neighbors. It's clear that hi-rises seem to be the better investment and your resale value is a great example of it.
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Funny thing they've already had a flood in Park Place too. Some people were flushing sanitary napkins down their toilet and they start blocking the piping causing the flood in several units. Big notice went out to everyone not to flush things down the toilet that aren't meant to be flushed down.
Hope they purchased unit insurance.
Unfortunately no building can withstand stupid people if they are bent on breaking things and doing well... stupid things. In your case though, at least the faulty piping would be covered.
For the building though to add a bit to what I said, the only real noise beefs I've heard are from people facing sky train in units where their bedroom is against the glass. Basically the left and right 2 bedroom units facing skytrain in Park Place 2. They can hear the skytrain at night and for some it can be annoying. I live in a 1 bedroom unit so the bedroom is actually off the wall. My living/dining room is against the glass so acts as a buffer. I can hear the SkyTrain changing tracks sometimes through my ventilation though and if I'm in the living room and everything is quiet. It is very faint though and the ambulances make more noise.
So that's something to keep in mind. If you want a really quiet unit for outside noise you'd want to be on 1 of the inner units aka Park Place 2 facing Park Place 1 or vice versa. But the view won't be as nice.
Bit of a trade off.
Your friend though is probably right about sound proofing on the floors. I also notice that the even though it is concrete constructions, between the 2 middle 1 bedroom units (I'm in 1) they don't have a concrete wall so it is just a standard wall with metal struts. Had it been concrete the noise would be pretty much non-existant.
But what can you do. Nothing is perfect.