What are the perks of securing a preselling condominium in Pasig?
- Lower initial costs
- Potential for appreciation
- Flexible payment terms
- Wider selection of units
- Modern amenities
Overview
- Pre-selling residential developments in Pasig offer lower initial costs, with discounts ranging from 30% to 40% off the final price, making them more financially accessible for buyers.
- Investing in a pre-selling unit provides the potential for appreciation in value, especially in a thriving city like Pasig, where demand for units is rising.
- Flexible payment terms make these more attractive to a wider range of buyers, with options for staggered payments over several months or years.
- Buying a pre-selling unit allows you to have a wider selection of units, including prime locations and preferred layouts, and ensures you enjoy modern amenities without wear and tear issues.
Buying a unit in a residential development is a significant investment, and for many first-time homeowners, preselling units in Pasig might be the best option. Pre-selling units are properties that are advertised or put up for sale while the building is still under construction or during the planning phase.
Despite the common belief that buying a property before viewing the building and unit is unconventional, there are several benefits to owning a unit during the pre-selling stage. In this article, we will explore those benefits and how securing a preselling condominium might just be perfect for you.
Lower Initial Costs
Pre-selling developments offer a significant advantage for buyers looking for a way to get into the real estate market with a lower initial investment. Compared to already built units, these are typically priced at a discount.
These discounts can be substantial, ranging from 30% to 40% off the final price. Developers are willing to offer these lower prices because they haven’t yet incurred all the construction costs.
For potential homeowners, this translates to a smaller down payment and a more manageable upfront financial commitment. This advantage opens the door to a wider pool of buyers who are having a second thought about investing.
Potential for Appreciation
Pasig has become a business hub full of establishments, offices, and so much more. This contributed to the city’s 33% rise in condominium unit demand and ranked 5th as a top spot for those looking for a home in the city.
By buying pre-selling, you lock in a lower price before construction is complete. Once the development is built and the surrounding area flourishes, the value of your unit is likely to increase significantly.
This price jump translates to a potential windfall if you decide to resell later, turning your unit into a lucrative investment.
Flexible Payment Terms
One of the biggest draws of pre-selling condominiums in Pasig is the flexibility offered in payment terms. This makes them even more accessible to a wider range of buyers.
Developers understand that not everyone has a large sum of money readily available for a down payment. To cater to this, they often structure payment plans that stretch out over several months or even years. This allows buyers to spread out the cost, making it easier to manage financially.
Some developers might offer schemes with minimal upfront costs and payment options like zero-interest installments or staggered lump sums. These plans can significantly reduce the initial financial burden and give buyers time to save up for the future stages of payment.
Wider Selection of Units
With this type of unit, you have the first pick of the available units. This means you can secure a larger, corner, or otherwise preferred unit without having to pay a premium. This level of choice is not always available when purchasing a completed property.
Laya by Shang Properties, for example, offers a variety of thoughtfully designed layouts, including spacious balconies and stunning views. By buying pre-selling, you can secure your dream unit at Laya before the most coveted options are gone.
Modern Amenities
Finally, pre-selling units are brand new upon completion, with all the latest fixtures, appliances, and amenities. You avoid any issues with wear and tear or previous occupants, as you’ll be the first owner of the unit. This ensures that you can enjoy a truly modern and well-appointed living experience.
When evaluating your new space before moving in, consider the amenities and features that are important to you. These could be swimming pools, gyms, and function rooms — all of which are available at Laya. This ensures that you can enjoy a luxurious and convenient lifestyle without the need for additional memberships or subscriptions.
Key Takeaway
There are lots of perks that come with securing a preselling condominium in Pasig. These properties offer a compelling investment opportunity for those looking to enter the property market.
If you are looking for a property that combines modern living and exceptional convenience, look no further than Laya by Shang! Our preselling units are nestled in the vibrant heart of Pasig, offering elegantly designed spaces and top-notch amenities. Don’t miss this exceptional investment opportunity — contact us now and make Laya your new home!
