A buyer’s guide to a smart, secure investment | Inquirer Business

A buyer’s guide to a smart, secure investment

How can a potential homebuyer ensure that he’s getting the best value for his or her hard-earned money?
04:40 PM August 20, 2015

INVESTING IN real estate has never been this attractive. Homeowners and investors alike are now swamped with a wide array of choices catering across all class segments, lifestyles, housing requirements, and budgets. But with print, radio and TV ads proclaiming every property project to be the best in its class, it can be quite confusing for the buyer and, most of the time, seemingly difficult to separate the wheat from the chaff. Such scenario often leaves some homebuyers in the losing end and with an empty pocket. So how can a potential homebuyer ensure that he’s getting the best value for his or her hard-earned money? Property developer Empire East Land Holdings Inc. shares eight things that one should take note of—a guide that will enable one to determine whether a property will be suitable to his needs and whims, and enable him to further enhance his living experience.

1. Balance between nature and modernity

According to Empire East, is one that would allow homebuyers to find peace amid chaos—a challenge Screen Shot 2015-08-20 at 4.31.54 PMmost individuals living in the urban jungle have to deal with every day. Empire East believes that every home must serve as that perfect refuge, a respite that could allow even the weary to rejuvenate and recharge, and one that can provide the perfect balance between modern day conveniences and the healing power of nature. And this is exactly what Empire East aims to provide homebuyers when it developed Pioneer Woodlands, as this was the company’s way to allow people to experience the seamless balance between modernity and nature.

2. Amenities

Screen Shot 2015-08-20 at 4.32.01 PMEmpire East believes that amenities are highly crucial in creating livable, sustainable communities as these often define the quality of lifestyles that individuals and families can look forward to having. Amenities, if properly incorporated in a building’s design, can readily and significantly contribute to enhancing the overall wellbeing of individuals and families. This is why Empire East had ensured the inclusion of carefully thought out amenities in each of its projects, with the belief that these are just as important as providing homeowners with structurally sound and world-class developments. Empire East believes that no matter how grand a structure may seem, if it is not designed and built to showcase well thought out amenities, it would render worthless or of no value to any individual. Amenities, after all, are what could help define the quality of life of an individual.

3. Community and Density

Your neighborhood is crucial to the kind of life that you will have and thus, it pays to know the kind of community that your developer will provide you. For one, it should be a community that is safe and secure; near key establishments like schools, offices, churches, among others; can readily provide modern conveniences; and could deliver you that distinguished, exceptional and enviable lifestyle. Meanwhile, the number of units in each development is also a significant factor that you should take into consideration as it is quite vital to you and your family’s privacy. Having less units per floor means the project has a low density and consequently, this would mean a more comfortable experience for the homeowners, as it can give you that much needed security, exclusivity, space and freedom.

4. Accessibility

Screen Shot 2015-08-20 at 4.32.11 PMTo ensure comfort and convenience, a homebuyer must choose a development that is near major thoroughfares and has access to public transport. Your new address should give you easy and immediate access to the city’s best places, and allow you to live in the middle of a thriving community that instantly becomes the convergent zone of various business, shopping, leisure, entertainment and educational hubs in the city.

5. Quality and security

Acquire and invest in a high quality development that offers good value for money. Make sure that the quality of the development including its interiors and common areas is something that could withstand the test of time and even of disasters. Meanwhile, you and your family’s safety is also considered a “non negotiable” at all times, and thus, should never be compromised. Make sure that your property developer will equip the entire project area with CCTV monitoring systems; provide security personnel and fire response equipment; as well as install and implement other necessary safety measures

6. Reputable developer

Acquire and invest only in a development that is backed by a reputable company. As a buyer, it is your duty to look into the credibility of the developer of the project you want to acquire and to ensure that your home will  remain in good condition even after years of use. Ideally, your developer should carry the solid reputation in terms of delivering high-quality developments.

7. Turnover

Screen Shot 2015-08-20 at 4.32.18 PMHomebuyers must be properly informed by the developer on what to expect from the project upon turnover. Crucial also is the prompt delivery of units and for developers to ensure that no extra or added repairs will be needed on building components like plumbing and electricity during its early years.

8. Finishes and contractors

Finishes should not be defined by cost as it is the developers’ responsibility to deliver high quality, easy to maintain finishes that would last long. Most importantly, every developer must adopt the building standard code as provided by the government and abide by a stringent quality control with their contractors and subcontractors to ensure the safety and quality of the development.ADVT

TAGS: Empire East, Investment, property, Real Estate

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