“Buying a property is a daunting task for the uninitiated, more so if you are living overseas. The property developer you choose to buy from plays a critical role in your home owning experience, and so it is important to choose the right one for your dream home.”
Buying a property, no matter what the purpose, is a daunting task for the uninitiated, more so if you are living overseas. Your dream home is not just a unit by itself. It is part of a bigger ecosystem that involves many elements, from financing and legal to maintenance and beyond, which depend heavily on the property developer it is built by.
Reliable property developers have extensive experience in delivering quality projects as well as financial security to their customers. Buyers are rest assured that their investment will not go to waste due to mismanagement. Experienced developers are also more likely to hit their targeted deadlines as they will be working with trusted partners. Top developers also place great value in maintaining their reputation in the market, and hence are more committed to deliver homes without faults and are motivated to solve any problems that arise. For an investor, buying a home from a reputable developer with brand recognition means a substantial premium that you can add on when you’re estimating your returns.
What can you do to set a good foundation for your home owning experience? How do you choose a developer that you can trust for your dream home?
Do your homework
There is no shortcut to finding the right developer – enough time and effort needs to be put in for thorough research. First, start with searching for the top property developers in the country that you are planning to invest in and build a list. Comb through their mentions online – on official websites, social media channels, property forums, customer testimonials, news articles etc. This will give you a balanced look at the online presence of the developer. Going through their past projects and how they were reviewed by experts and customers also helps to give you an idea of the developers’ track record. If you would like to take it one step further, looking at the developers’ credentials such as awards and accolades received can also help make your decision to choose a reliable and quality developer.
Window shop, don’t rush
While choosing your dream home can be a deeply emotional process, it is also important to keep an open and practical mind while making your decision. Take your time to speak to representatives from different developers in person or on the phone, to get a feel of how it will be like to be an actual resident with them. Do not hesitate to be upfront with your requirements, professional agents who represent reliable developers will do their best to offer quality advice and cater to your wishes without being too pushy. Look out for discounts and promotions that will work in your favour, such as price discounts, flexible payment options, freebies etc. Rushing into choosing a developer without due diligence comes with dangers such as poor workmanship, abandoned projects and property management issues. Hence, taking your time to consider all your options before making a decision will help you avoid making unnecessary compromises.
Speak to existing customers
Hearing purchase and living experiences first-hand from residents and buyers is an effective way to learn more about the developer. Reaching out to people in your network or online who are customers and residents can help bring the smaller details, good and bad, to light. If possible, you can even head down to existing projects to have impromptu conversations with residents there. Online mentions of developers are usually on extreme ends of the spectrum, either very favourable or extremely negative. Speaking directly to residents will help you get a balanced view of the developer.
Developers usually have different financing options for buyers, especially for overseas investors. From flexible payment arrangements to special interest rates from partner banks, it is important to carefully consider all of them to judge which would work the best for your budget and preference. It is also critical that you are fully aware of the additional charges that you might accrue as an overseas buyer, before committing to a developer.
After completing your extensive research, it is finally time for you to put all the information together to help you compare between your shortlisted developers that will help you make a balanced and informed decision.
Your property developer makes the difference between a smooth-sailing investment experience and one full of hassle and uncertainty. As such, it is important to do your research and pick the right one that will help to maximise your returns, as it goes beyond just your property. You are investing in a brand that you can trust and align with.
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For the company to collect, process or use your personal data for the purposes as follows:
Communication and provision of various information relating to products and services of the Company and offer of any projects in which customers may be interested
Preparation of marketing plan and analysis, process, development and improvement of products and services of the Company
Transmission of information to any third party or business alliance of the Company in relation to products and/or services of the Company
This policy shall be used for personal data protection for clients of SC ASSET Corporation Public Company Limited and its affiliated companies (the "Company") which you provide personal data through online and offline channel such as site visit, website, mobile application, social media (“Platform”), allowing you to search for, visit, use products and services of the Company and/or its business partners such as:
Residential projects, i.e. condominiums, detached houses, townhouses, commercial buildings and other projects.
Baan RueJai Application by SC Asset.
News and promotions of products and services.
Any operation regarding products and services.
"Personal Data" means personal information that enables an individual to be identified, whether directly or indirectly.
"Cookies" means information that is sent from a website to each visitor’s computer while accessing such website.
2. Personal Data collection
2.1 The Company will collect your Personal Data that the Company received whether directly or indirectly which consists of;
Personal data such as name, last name, gender, age, nationality, date of birth, marital status, address, occupation, place of work, postal code, email address, telephone number, credit card, personal income, car that you are driving.
Data on your interests such as products and services, hobbies, social networking activities, sports, travelling, etc.
Data on your decision whether or not to choose products and services, such as reason of purchase or selection of residence, budget, purpose, other products that are used for comparison, comments and site visit information regarding products and services.
Data that specifies your location while using the website. If you enable the GPS system, you consent the Company to collect and process your location information. However, if you would like to conceal this information, you can install programs or turn off GPS on your mobile phone.
Necessary information to be provided to the Company and the Company is entitled to process such personal data as stipulated by law without consent as follows:
Data to be provided for complying law or performance or execution of a contract or other data as stipulated by law. If you do not give your personal data, the Company may not be able to proceed with such action requested by you or as the Company informs you or other consequences pursuant to the applicable law.
Data that is necessary for any lawful interest such as the collection of photo from the Company’s activities and etc.
Other Personal Data subject to your prior consent
2.2 The Company will collect your Personal Data only as necessary or for the purpose of collection and in accordance with the law. However the Company may collect and anonymise any data.
2.3 Method of Personal Data Collection
through the Company’s channel, e.g. electronic means, documentation, verbally, depending on circumstances etc.;
or through channel of the Company’s business partner / other service providers, e.g. Facebook, Instagram, Twitter, Tiktok, Line, etc., for the purpose of creation of your profile or agent. or
The Company has no intention to collect any Personal Data of a child whose age is less than that stipulated by law (the “Age Limit”). If you are younger than that of the Age Limit, please do not use the service of the Company or give any Personal Data to the Company.
In the event that you are a parent of a child whose age is less than the Age Limit and is aware that your child is giving Personal Data to the Company, please contact the Company and you may request to exercise your right instead.
In the even that you are a child of age that is less than the Age Limit and need to receive services and products of the Company, you are required to have a consent of your parent in place for the provision of your Personal Data.
3. Purpose of collection / use / disclosure of the Personal Data
4.Potential Receivers of Your Personal Data
4.1 The Company, business partners of the Company or any employee of relevant companies.
4.2 Agents of the Company who has been authorized to offer and sell the Company’s products and services, including agent or person hired by such person.
4.3 Other persons, including agent or person hired by such person who is arranging in connection with the Company’s products and services, the conduct of the marketing activities, the offer of the Company’s information, the development of the Company’s products and services, e.g. payment method, documentation system, technology, delivery of documents, research, etc.
4.4 Any governmental authority or supervision organization or any person to which the Company is required to disclose such data whether by laws, regulations or order in relation to the Company or pursuant to the Company’s agreement with any governmental authority or any other person.
5. Security of Information
6. Owner's rights
7. Marketing Activities and Promotional Activities
In the event that the Company has send any information relation to its marketing activities and promotional activities, including those concerning products, services or any interesting activities and if you have agreed to receive such information but would like to cancel such receipt, you may proceed by Call Center at 1749 .
8. Exceptions to the Confidentiality of Personal Data
9. Personal Data Retention