Fooled by glossy brochures of model units and architect's rendition of the project, these hapless victims invest their life's savings into projects which either will serve as their homes or as their investments only to discover later that what they bought are lemons.
Substandard construction materials, hidden defects, erratic water supply, leaking roofs, lousy after sales service, undelivered amenities, bad neighborhood, unreliable transport availability - these are just some of the problems faced by buyers and discovered only after unit turn-over. That is the problem with pre-selling or when buyers pay for property that has yet to be built.
With buyers facing so many choices and options they should be more discerning and look for a Developer with a good track record and one that delivers on its promise.
One Company that makes sure it only delivers homes that families can truly be proud of is Property Company of Friends or Pro-Friends.
Take its Lancaster New City in Cavite project as an example. Located in an area straddling Imus, Kawit and General Trias Cavite. Lancaster covers a total land area of 1,107 hectares and is the company's biggest development, envisioned to evolve into a vibrant and self-sustaining township.
Lancaster has sold more than 14,800 units since 2007. The project makes for a good work-life balance, being very accessible to schools, churches, hospitals, malls, and to one's place of work. The project is only 14 kms from Metro Manila.
St Edward Integrated School (SEIS), a school established inside Lancaster New City in 2012, gives families the option to send their children to a school that prides in raising globally competitive students who have strong sense of characters. Also inside Lancaster New City is the pioneer IT Park of Cavite, Suntech I-Park. Lancaster New City is developing its transport system that would easily bring the residents from their place of work to their homes in less time.
Meanwhile, Lancaster New City will be building Downtown lancaster, a 25-hectare commercial business lifestyle district that will provide retail and leisure activities to both office workers and residents. Within Downtown Lancaster will be The Square, a sprawling commercial center that houses several commercial and retail establishments. In 2013, The Square already opened its first commercial building and houses a selection of restaurants, wellness boutiques, and other service centers.
