Pre-Selling | Off-plans

When it comes to the stage of construction, pre-selling properties are still under construction or are only a plan or blueprint. You are essentially purchasing a vision of what the final product will be. The price is generally a lower, introductory price, making it the cheapest time to buy the property. Payment terms are more flexible, with down payments often spread out over a longer period during the construction phase. The move-in date requires a waiting period of a few months to a few years until the property is complete. A key benefit is that you may have the option to customize elements like finishes and floor plans. However, there is a risk of construction delays or changes to the final design, and the finished product may differ from the initial renderings. From an investment standpoint, pre-selling can be a good strategy as the property's value is likely to increase by the time of completion.

Ready for Occupancy (RFO)

Ready for Occupancy properties are already fully built and ready for immediate move-in. You can physically inspect the exact unit you are purchasing, which reduces risk. The price is typically higher than a pre-selling unit because its value has already appreciated. Payment terms are shorter and less flexible, often requiring a larger upfront down payment or full cash payment. The major advantage is that you can move in immediately after all the paperwork and payments are settled. However, customization is limited to interior decorating, and you cannot make structural changes. RFO is a better option for those who need to move in right away or want a quicker return on investment through immediate rental income.

Want to invest in Real Estate? Send us a message to learn more and our sales team will be more than happy to assist.