Most developments today especially condominiums are usually sold on pre-construct condition. If you are an investor, you are always a winner when you acquire a property that is pre-construct because your investment is going to make profit while the development is ongoing. For most condominium development, price increase by a certain percentage every certain number of investors who invest in the development, for example, one of the condominium projects that I handle increases by 3 to5% every 100 investors. The unit price for a 1 bedroom unit (24 sqm) started at a price of Php1.1M when it was in pre-launched stage and the same unit costs around Php1.6M now so the first investors already earned around Php500,000 in their investment. You can never go wrong when you buy a project at pre-launched stage.

Other benefits that you get when you acquire a pre-construct property is that you can choose the best location of a unit (that is, if you are able to acquire early), you can also acquire two adjacent units and have it combined so your unit is big without paying additional tax. In the Philippines, you get to pay tax for a condominium property that costs at least Php2,500,000. So buying two adjacent units will save you money to as much as 12%.

For more inquiries about properties at pre-launched stage, please contact me by sending email to jplabitag@gmail.com.