Before buying a property unit such as at Ki Residences individually, it is very important to know the reputation of the developer because many people are easily tempted by attractive sales property offers. Have you ever thought that the developer can deliver the project as promised? Has this developer ever made a similar project and how committed is he to making consumers feel satisfied?
To find out more details, let’s look at the explanation of tips for choosing a good property developer below.
1. Tips for Choosing a Good Property Developer
A good developer not only builds a property but also increases the selling price and investment prospects in the future. What are the indicators?
a. Credibility
Credibility, in this case, is related to trust in the developer in the financial, legal, and psychological fields. How do I find out the developer’s reputation? First, you can trace it through the news in the mass media. Second, you can visit property reviews that are presented objectively and transparently.
This is very useful when you later buy a house like at Ki Residences, don’t regret it.
b. Legality
Your grip before depositing large amounts of money is where agreed on the specifications of the house, price, method of payment, handover of the house, house maintenance, complete with their respective rights and obligations as well as the sanctions.
c. Commitment
In the early days of the agreement, the developer might promise various facilities, from the house’s facilities to its supporters such as shopping centers, clubhouses, recreational facilities, and so on. With banking regulations in the property sector, developers can ignore the facilities that were promised to reduce costs. So, it’s a good idea to confirm this.
d. Have a clear vision
A clear vision in this case is to provide large benefits to residents of the Ki residence showflat in the process of selling houses for developers, not just getting as much material as possible. Some housing or apartment projects have standard and public facilities such as parks, playing fields to swimming pools and reaching other places.
So, the vision offered by the developer is not limited to building a comfortable place to live but building an area that meets lifestyle standards.
e. Certainty in the Plan and Target of Completion
A credible and responsible developer must have a clear construction calendar. They must also have sufficient capital to complete the project within the next few years, so as not to harm potential buyers.
f. Financial Stable
Property developers who have limited capital tend to delay their construction projects or worse, use substandard materials. For that, you need to check your financial condition as part of the investigation. The company’s financial condition can be checked from its business report. Generally, those who work in the media or news industry have complete data on the performance of large companies.
Check out the tips for the installment period that suits you!
