5 Reasons Why You Should Be Buying Presale Condos in Surrey in 2023?
Why You Should Be Buying Presale Condos in Surrey in 2022?
The City of Surrey is attracting new residents by the thousands every year & if you’re planning to invest in some real estate, you might be wondering why Surrey is one of the real estate hotbeds in Canada
If you Haven’t yet been convinced to move to Surrey, here are five reasons why you should buy presale condos in the city
Reason #1: Growing Population
The City of Surrey is growing by leaps and bounds every year. According to Statistics Canada, the population of Southwestern B.C., which includes Surrey, has been increasing by more than 2% per year for the past decade or so.
The City of Surrey is on track to become one of the largest cities in Canada within the next 10 years or so. This means rising property values and real estate demand over time.
Reason #2: Convenience
A home located in Central Surrey (City of Surrey), one of the city’s up-and-coming neighborhood’s, could be an ideal choice when it comes to real estate property investment.
Favorable factors include a short commute to and from employment hubs, educational institutions and healthcare facilities, as well as the various technological advancements made possible thanks to Surrey’s constantly expanding infrastructure.
Reason #3: Education Hub
SFU Surrey has already become one of the most popular destinations for local and international students who are looking for top-notch education.
Also, UBC’s $70-million purchase of a 6.13 acre lot at Fraser Highway and King George Boulevard would open up areas for young families and professionals to set roots.
Exponential population growth means that there is going to be even more traffic congestion around UBC in Vancouver, so buying preconstruction condo now would be your best bet!
The City of Surrey is on track to become one of the largest cities in Canada within the next 10 years or so. This means rising property values and real estate demand over time.
Reason #4: Job Opportunities
The city recently welcomed two new shopping centres and many other commercial projects, which will provide employment opportunities for new residents.
Surrey is also home to several of the largest employers in the Lower Mainland, including Telus and BC Children’s Hospital.
As the job market grows, so does the demand for housing.
This is why many real estate experts believe that Surrey will experience a boom over the next few years.
Reason #5: Multiple Presale Projects Are On Their Way
Tens of thousands of new residents are being added to this city every year.
The desire for residential development is strong here – and developers know it!
So, Real estate developers in Surrey are not taking any chances and they have already started expanding the city’s skyline with new condominium developments.
Conclusion:
There’s no doubt about it – Surrey is one of the best cities for real estate investment! The market here is on fire and it’s only getting hotter by the day.
If you’re looking to get into the real estate market, then Surrey is a great place to start. It’s growing quickly and there are plenty of opportunities for you to benefit from its growth in years to come.
Make sure you buy presale condos in Surrey now if you don’t have a condo yet, because prices will only continue to rise moving forward.
While buying a Presale condo from Ipresalecondos, you’ll want to be able to lock in your purchasing price.
By investing now, you’ll be able to sell your condo for a profit later on when prices have increased even further & if you choose to sell your unit later you might be able to enjoy some healthy profits
Please call or text at 604-825-8881 or email at info@ipresalecondos.com for a Presale Pro.
