Why do people continue to buy properties despite the pandemic?

Contributed photo
Contributed photo

WHILE most industries suffer a dramatic decline in sales due to Covid-19 pandemic, real estate shows a different trend.

For multi-awarded developer Grand Land Inc. properties in Davao City, sales continue to increase as more and more individuals buy properties and spaces.

“For me, it is the most important investment to make. A home is where you will spend your time mostly. It is the most important investment you are going to make. Prices of condominiums have been increasing through the years. With the low-interest rate and promos given by developers now, it is the best time to buy a home,” Grand Land President Ryan Bernard Go said.

The desire to own comfortable, decent houses also becomes more essential these days. Because if the pandemic will stretch for a time, people think it is better to find a space that is extra nice and safe to live in.

One remarkable behavior of the market now is their outlook and priorities about having a home changed from the traditional mindset to being more experiential.

“People have changed their outlook and priorities about having a home. They have considered more spaces, better amenities, greeneries and location. People have seen the importance of owning a home,” Go added.

Asked on the profiles of their current clients and investors, Go said, the common denominator is most are “young hard-working people who want to have their own place.”

To help clients achieve their dream homes, Grand Land has adjusted their payment schemes for projects that people want easier installments while wanting to move in on a much later date.

“Aside from that, our master plans and designs are some other adjustments we made after the pandemic. We make sure that our projects are ready for this kind of case,” he added.

Giving updates to their various ongoing projects in Davao City, he mentioned that for their Amani Grand Citygate, the Building A will be finished by the end of the year.

As for Building B, C, and D, the Cebu-based developer eyes to start construction this year.

For its Piazza project, the real-estate big player has projected to start construction within 2022.

Meanwhile, Noel Jan Te, Grand Land brand and marketing assistant manager, shared that while the company has boosted its online efforts to reach more clients, they also conducted several efforts and initiatives in helping their immediate community where their projects are located.

“We’ve actually donated face masks and face shields to the local barangay where The Piazza is located. We really do want to emphasize our efforts of not just building homes, but also developing communities even in our own little ways,” he said.

To get updated on the latest happenings and announcements of all Grand Land projects, follow and check their official Facebook page https://www.facebook.com/GrandLandIncorporated.

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