This article discusses the best timing for acquiring a high-rise residence. Homebuyers stand to benefit from purchasing a unit in the early phases of development.
Several factors must be considered before making a financial commitment. Pre-selling units have their benefits, but they must be purchased early on to maximize such opportunities.
Aurelia Residences’ upcoming ultra-luxury condominium in BGC offers homeowners the chance to live an elevated lifestyle at an accessible price point.
Pre-selling condominiums have become compelling choices among discerning homebuyers. With accessible pricing points and promising payment terms, many have become attracted to owning a high-rise home. To fully maximize its benefits, however, it’s important to carefully determine the right time to buy a pre-selling unit.
Timing is crucial in securing the best deals for a premium property. Aurelia Residences, with its promise of an exceptional lifestyle, will exemplify this kind of opportunity through its upcoming offerings. Continue reading this article to learn the best time to acquire a unit.
When is The Right Time to Buy a Pre-Selling Unit?
The ideal time to acquire a pre-selling unit is shortly after the project’s official launch. During the earlier phases—the first six to twelve months of development—developers offer lower prices with a wider selection of unit options. Buyers can take advantage of the early timeframe to make the most of available discounts before costs rise.
However, it’s important to remember that timing also depends on the buyer’s readiness— committing too early without careful planning results in difficulties keeping up with payment schedules. On the other hand, they might miss out on pricing advantages if they wait too long. Ultimately, even with favorable market conditions, the right time to commit depends on the buyers’ preparedness to invest.
Factors to Consider Before Buying a Pre-Selling Unit
A soon-to-rise high-rise is a big financial commitment, which is why it’s crucial to know all the factors involved in pursuing ownership. These help homeowners in making a well-informed and confident decision before making a purchase.
Financial Readiness
Payment terms often require a series of installments over several years. It is recommended for homebuyers to have a stable income and savings necessary to meet these obligations smoothly.
Additionally, understanding the full costs helps in avoiding surprises that could jeopardize their financial stability. Other expenses, such as reservation fees, down payments, and monthly amortizations, often come alongside low monthly offers. Thorough planning and careful budgeting are necessary in navigating these ancillary fees.
Investment Goals
Is the homeowner buying the unit as a future residence? Do they plan to use it as a rental property? Clarifying one’s own investment goals is another critical factor to consider in buying a property. They directly influence the type of unit they should choose and when to buy it.
Someone who wishes to reside in a high-rise may prioritize a unit with convenient layouts and amenities. Conversely, investors focused on rental income might go for condominiums in a high-demand location. Aligning their purchase with their objectives ensures that their investments will bring the value they expect in the long run.
Location and Potential for Appreciation
Location remains one of the most important considerations when buying an upcoming residence. Areas with strong infrastructure and accessibility to major commercial areas tend to appreciate faster and provide better returns.
Aurelia Residences is located in Bonifacio Global City (BGC), which is a highly sought-after area in the Philippines. It’s a booming district lined with world-class establishments like the high-class Uptown Mall, alongside continuous infrastructural developments. Early buyers stand to benefit from their property’s future value as the location grows.
Benefits of Buying a Pre-Selling Unit
Buying a soon-to-rise residence offers several benefits that make it an attractive option. These decrease as the project progresses toward completion, making early timing essential.
Lower Prices
Pre-selling units are usually sold at lower prices compared to ready-for-occupancy properties. This is because developers often offer early buyers incentives to generate sales momentum— pre-sold units are 30-50% cheaper than finished options, and to top it off, developers tend to give 5-10% more discounts with more flexible payment terms.
This accessible price range makes it easier for homebuyers to plan their budgets accordingly. Moreover, it gives room for the investment’s potential returns to improve in the future. This ensures they can make the most out of their property’s value over time.
Wider Unit Selection
Delaying selection could result in fewer unit choices, often leaving homeowners with the ones that least match their living requirements. Choosing from a broad range of options early on will allow them to find the high-rise property that best suits their lifestyle.
Early buyers enjoy a wider selection of units, including the most desirable floor plans and locations within the condominium building. The best options tend to be reserved or sold out fast, which makes it crucial to claim a residence in advance if they’re already prepared to make a full commitment.
More Time for Planning
The lengthy turnover period typical of pre-sold high-rises gives buyers ample time to arrange their moving plans. After the initial down payment, they’ll have plenty of room to think about financial backups, design interiors, or even relocation logistics.
This allows them to not only optimize their investment but also better prepare their home for occupancy. Having more time to plan reduces the stress and hassle of making everything work at the last possible minute.
Key Takeaway
The right time to buy a pre-selling unit is during the first six to twelve months after the project’s launch, provided you are financially ready. With the correct timing, you’ll gain the opportunity to enjoy the perks they have to offer at a more favorable price.
Aurelia Residences in BGC offers a rare opportunity to secure valuable units at ideal costs. With its upscale residences soon rising in one of the Philippines’ most coveted districts, you’ll stand to gain benefits beyond just high-class living. Contact us today for more details on our pre-selling units.