5 Benefits of A Pre-selling Kingsquare Residential Suites CondoNovember 17, 2021
What are the benefits of a pre-selling Kingsquare Residential Suites condo?
- Low introductory prices
- Flexible payment terms and discounts
- Freedom to choose the best unit
- State-of-the-art features and amenities
- Excellent investment returns
If you’re new to condo buying, then at some point you may have come across the term “pre-selling”. In real estate, pre-selling condos are units that are sold before their completion date. These condos can either be at the initial planning stage or under construction. To some investors or buyers, it can seem risky to buy a pre-selling condo because the final unit may not be consistent with the product offering. But for the best condo developers in the Philippines, Megaworld Manila, there are distinct benefits of pre-selling Kingsquare Residential Suites condo.
Kingsquare Residential Suites is a luxury 19-storey pre-selling condo for sale in San Lazaro Tourism and Business Park Sta. Cruz, Manila City. With a target turnover date of September 2025, it is set to offer the utmost convenience for residents’ daily living. In this article are some of the best advantages of buying a pre-selling Kingsquare Residential Suites condo that prove it is a smart long-term investment. Read on!
Low Introductory Prices
One of the top benefits of buying a pre-selling Kingsquare Residential Suites is that you are offered low introductory prices. Pre-selling condos are known to be 30% to 50% cheaper than ready-for-occupancy (RFO) units. For example, you can own a unit at Kingsquare Residential Suites of only 4 million pesos. That’s almost half of the price of traditional RFO units today. In addition, you might be able to score further discounts from Megaworld Manila.
Flexible Payment Terms and Discounts
As a well-established developer, Megaworld Manila made sure buyers can easily secure a pre-selling condo investment in any of their residential projects. As a buyer or investor, you can also take advantage of the flexible payment terms that Megaworld Manila offers on the Kingsquare Residential Suites.
You are offered low down payments and even lower monthly amortization with zero interest rates. For example, you can take a look at the following payment options on the studio units of Kingsquare Residential Suites:
- Option 1: 10% downpayment, less reservation fee, 30% payable in 60 months without interest, 60% payable upon unit turnover
- Option 2: 20% downpayment, less reservation fee, 20% payable in 60 months without interest, 60% payable upon unit turnover
- Option 3: 30% downpayment, less 7.5% discount on downpayment, less reservation fee, 10% payable in 60 months without interest, 60% payable upon unit turnover
- Option 4: 50% downpayment, less 12.5% discount on downpayment, less reservation fee, 10% payable in 60 months without interest, 40% payable upon unit turnover
Furthermore, you can also be presented with a wide array of financing options such as Pag-Ibig Home Loan, bank home loans, and third-party financing companies.
Freedom to Choose the Best Unit
Unlike RFO condos with a majority of units already owned by other buyers, you have the freedom to choose the best unit in pre-selling condos. At Kingsquare Residential Suites, you can target the unit that offers better views, lesser foot traffic, or easier access to amenities. It would be easy to choose a unit that perfectly caters to your lifestyle.
Depending on the pre-selling contract, you can also visit your unit during construction and inform the developer about defects you want to be fixed or adjustments you want to be accommodated.
State-Of-The-Art Amenities and Features
The amenities of projects from Megaworld are designed to upscale the lifestyle of every resident. With a LIVE-WORK-PLAY-LEARN-SHOP residential development concept, they have aimed to redefine modern urban living. As a result, all the condominiums, including Kingsquare Residential Suites, are always nearby schools, convenience stores, malls, commercial and entertainment hubs, workplaces, and hospitals.
To add to that, Kingsquare Residential Suites offers the best amenities that residents can enjoy should they want to relax or do activities. To keep up with the living needs of residents, the pre-selling condo comes with the following amenities:
- Adult swimming pool
- Children’s pool
- Pool deck
- Landscaped gardens
- Fitness gym
- Study hall with Wi-Fi
- Function room
- Reading Nook
- Male and Female Toilets/Changing rooms
Excellent Investment Returns
Investing in a preselling condo like Kingsquare Residential Suites is a smart long-term investment move. As a reputable real estate developer in the Philippines, Megaworld Manila is known to have an excellent track record of turning over the best residential projects that offer attractive investment returns. You are set to get the best value for your hard-earned money.
Once the condo is completed, its market value will surely increase. You can easily earn a profit by reselling the condo according to the current market price or for a slightly higher price. To have a new flow of income, you can also rent out your unit. At Kingsquare Residential Suites, you are offered financial diversification and leverage.
If you are a first-time condo buyer or investor, remember to do your research and choose a property that will garner the best returns for you. Take note of these benefits of a pre-selling Kingsquare Residential Suites condo. As one of the projects of the best developer in the Philippines, Megaworld Manila, the units are designed to be near every establishment you need in life. Experience a convenient urban lifestyle unlike any other!