Off-plan property refers to a property/development that is still in its construction or planning phases, and so hasn't been completed yet. Also known as Pre-construction projects and usually marketed to early adopters so that they can secure more favourable finance terms.

Purchase prices are significantly lower: One main advantage of buying property off-plan is the ability to secure the purchase at below market value and quite often, this is due to developers wanting to demonstrate a certain level of sales prior to marketing the project.

Investors attain strong capital growth with off-plan purchase: Those who purchase property off-plan benefit mostly from house price growth. A significant capital growth is attained mostly at early purchase prior to the project delivery.

Convenient deposits: Investors can choose a payment plan that's very convenient for them and can be spread to the project delivery period.

Ability to re-sell at a profit before completion: Investors may choose to put their property up for sale and at a higher market value. It's always certain that your property will go up in value before completion especially if you've invested in a good location.

The property might likely be one of your biggest investment and you want to make sure it appreciates in value so you definitely have to keep some of these factors in mind:

-Neighbourhood Demand
-Nearby Amenities
-Rate of Development
-Lot Location
-Power Situation/Security & Drainage
-Class of People in the Location

“If there's a proven track record, the odds are higher that success can be repeated. This is what most investors always hope for.”
The Developers whose projects are featured on this platform all have excellent track-records and we're very much dedicated & available to take you through their completed/ongoing projects.

Firstly, a physical inspection of the project site is advised. Subsequently, after your interest in the site location, copies of the land document/building plan approval will be made available to be verified by your legal team [if it's a JV, you should also request to sight the agreement between the Land Owner and the Developer]. Finally, a draft copy of the sales contract will also be made available after your satisfaction with all documents earlier provided before any financial commitment.

You can actually suggest certain changes in your unit but it’s likely going to be limited and at the discretion of the developer [chargeable to the investor depending on the type of changes to be made].