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Is pre-selling condo units a good investment?

Posted by Web Admin on February 19, 2020
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Pre-sale condominiums are usual in the Philippine setting. When we say pre-selling properties, these are the establishments that aren’t built yet. So the difference between the pre-sale and ready-for-occupancy (RFO) units is simply the availability of the property.

Some may think that purchasing a property that does not exist yet is unconventional, but the truth is it also offers these 3 major advantages;

Flexible Payment Terms
The pre-sale condo unit needs less budget than the ready-for-occupancy units (RFO). The cost of the property usually paid in monthly installments comes with a payment limit that can be as long as the construction duration.

Entitlement to choose your unit
During the launch phase of development, buyers can choose their ideal unit or locations in a traditional pre-sales condo. Buyers can choose the floor in which you want to stay, units that are best near the amenities.

Lower selling price
Pre-sales units are much less expensive compared to RFO units. Its introductory price is usually between 15% and 30% cheaper. Aside from the flexible payment period, you can also take advantage of the discount when paying in full.

But of course, pre-selling units are subject to change within the development process. Always make sure that you have a strong communication to the developer. You may also visit the construction site once in a while. Deal with the trusted developer in the industry. SMDC is one of the developers committed to providing Filipinos the best value of properties.

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