Every homebuyer has a checklist of what they want or need when choosing a real estate property. And there’s always that one special detail, whether it’s a basic amenity or a quirky home feature, that will convince you to seal the deal. This aspect is something that you won’t ever compromise because it really matters to you.
We rounded up a list of non-negotiable for Filipino millennial homebuyers. Is yours included here?
1. Property type preference
Owning a home is an aspiration for many Filipinos. For some people, it doesn’t matter whether the property they are purchasing is a condominium, townhouse, or a house and lot as long as they can have a property. But there are homebuyers who really have a vision of their dream homes and want to make it a reality.
2. Neighborhood
Your family’s comfort is your top goal when purchasing a home. As such, it is a must for many homebuyers to live in a friendly and safe environment.
3. Layout Space
Whether it’s the floor plan or the type of furnishing, some homebuyers feel that they should be in control of choosing specific aspects of their purchase. This would allow them to create their personal haven that would best reflect their style and personality.
4. Security
You can’t put a price tag on your family’s safety, and many homebuyers really put their feet down to making sure the property they will purchase has good security measures in place.
5. Space for pets
Many Filipino families treat pets as a member of the clan. As such, when moving to their new home, their pets should be with them.
6. Storage space
Some property developers overlook storage (kitchen cabinets, built-in wardrobes) in their projects, but since condos can get cramped over time, there should be a dedicated storage space for all your things.
7. Location
Location is still king for many homebuyers. Some of their requirements: shouldn’t be near the fault line or in a flood-prone area and accessible to everything that matters to them.
8. Budget
For some homebuyers, money is the driving force behind their purchase. And if they are on a tight budget, they can’t afford to overspend and will stick to what they have allotted for their monthly amortization. Roy Hu, an established designer, stressed its importance,
The money I’ve set aside for my dream home is fixed, and I should be able to pay for it without taking out too much loans or sacrificing other things.
10. Property developer
Buying a real estate property is an expensive investment, and for those using it as such, they want to make sure the property developer has a credible and established background. More often than not, projects from top developers command a good price and can offer immediate return of investment.
10. Design/Structure
Having your own balcony or veranda allows a homeowner to have a green space where they can put up an indoor garden or an extra corner to relax and unwind.
11. Total Floor Space
How much floor space you need depends on different factors such as how many are moving in and how will it fit your lifestyle. Afterall, you can’t squeeze in a family of five in a studio-type condo unit.
12. Quality of home materials
The structural integrity and other home features of the property you are purchasing is important for many homebuyers because they want a secure home for themselves and their family.
Modern Dwellings, one of the most reputable townhouse developers in the country, reinforces their properties not just to comply with the standard building code, but to make sure their properties are places that they themselves would live with their families.
Check out what millennial homebuyers wish their dream homes have if they can spare the extra cost.
