Journals | November 17, 2024

All You Need to Know: Buying a Pre-selling High-end Condominium in Quezon City

Overview

  • Investing in a pre-selling condominium in Quezon City offers a unique opportunity to secure a prime residence in a landmark development like Shang Summit.
  • This guide explores the advantages of pre-selling properties, steps to purchasing one, and why Shang Summit, with its blend of luxury and location, stands as the ultimate choice for those seeking a distinguished, future-focused lifestyle in Metro Manila.

For those determined to elevate their lifestyle in Metro Manila, investing in a pre-selling unit in Quezon City presents an unmatched opportunity. With remarkable projects like Shang Summit—soon-to-be the tallest residential building in the Philippines—you, as a future homeowner, can secure a prestigious address in a landmark that perfectly blends modern living with unparalleled access to the very best of city life.

In this guide, we’ll walk you through the essential tips on buying a pre-selling high-end condominium in Quezon City, offering more than just a home, but a lifestyle that aligns with your aspirations.

Pre-selling Condominium vs. RFO Units

Pre-selling properties, like Shang Summit, offer a unique advantage by allowing buyers to secure a prime unit at a favorable price before construction is completed. This early investment leads to significant appreciation as the development progresses, making these an excellent choice for those seeking to maximize returns over time.

On the other hand, ready-for-occupancy (RFO) units provide the immediate benefit of moving in soon after purchase, perfect for those who need a home right away and want to start enjoying the property’s amenities without delay.

For young professionals or investors eager to be part of a distinguished development, pre-selling properties stand out by offering a blend of future-focused investment potential and customization options. This makes them an optimal choice for luxury buyers who are planning ahead and seeking long-term value.

How to Purchase a Pre-selling Property?

How to Purchase a Pre-selling Property?

Buying a pre-selling condominium requires a thoughtful and structured approach to ensure you’re making a wise investment. Here’s a step-by-step guide to securing your future home with a trusted developer like Shang Properties.

Explore Available Projects

Start by researching luxury developments, particularly in Quezon City’s dynamic real estate market. Shang Properties, for example, is renowned for its premium residences and landmark developments that emphasize both design and location. With projects like the soon-to-rise Shang Summit, we continue to redefine exceptional urban living in prime locations.

Visit Showrooms or Sales Offices

To better understand the property’s offerings, visit the developer’s showroom or sales office. There, you’ll find scale models, floor plans, and design samples that give you a glimpse of what the finished property will look like. Many high-end developments also feature a variety of themes, layouts, and upscale finishes that allow you to envision your future home in detail.

Make a Reservation

Once you’re confident in your choice, make a reservation to secure your preferred unit. This process involves a reservation fee, which holds your selected unit for a specific period. Reserving early gives you access to customization options—a key benefit of pre-selling properties that allow you to personalize your living space to fit your vision.

Review Legal Documents

Trustworthy developers offer full transparency by providing all necessary documents to ensure a smooth investment process. Some of the important documents you should review include:

  • Articles of Incorporation: Establishes the entity’s legal creation and purpose, with details such as name, address, type of entity, board of directors, and authorized shares.
  • Certificate of Incorporation: Confirms the company’s existence and registration status.
  • Offering Memorandum: Provides detailed information about the offering, safeguarding the developer from liability.
  • Term Sheet: A non-binding agreement outlining key terms for funding rounds, including investment amounts, security class offered, dividend terms, and more.
  • Investors’ Rights Agreement (IRA): Defines the rights and privileges of shareholders, protecting both company and investor interests.
  • Non-Disclosure Agreement (NDA): Ensures confidentiality of sensitive information.

Receive Your New Condominium

Once construction is complete, the developer will schedule a final inspection for you to view your unit. After the inspection, you’ll receive the keys to your new home, which should meet the promised standards of design, quality, and finish.

Why Should You Choose Shang Summit as Your New Address?

Why Should You Choose Shang Summit as Your New Address?

Buying a pre-selling high-end condominium in Quezon City presents unmatched opportunities for those seeking a lifestyle unlike any other. Leading the way in this realm is Shang Properties, one of the Philippines’ most trusted developers.

As demand for luxury living soars, we proudly introduce our first-ever project in Quezon City, set to redefine Metro Manila’s skyline—Shang Summit. Soaring to an impressive 250 meters, this iconic luxury tower stands as a testament to modern elegance and architectural brilliance.

Located in the vibrant South Triangle district, our East Tower will feature 1,020 meticulously designed residences, seamlessly blending comfort and style. With all this and more, Shang Summit is undoubtedly the best place to call home in Metro Manila.

Key Takeaway

Don’t miss the chance to be part of Shang Properties’ remarkable development of Shang Summit! As we are currently in the pre-selling phase, you have the unique opportunity to secure your unit as soon as today.

Contact us now to learn more about our offerings and discover how you can level up your living experience.

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