Drive down 166th Street in Fleetwood or along King George Boulevard in Whalley, and you'll see construction cranes in every direction. Surrey is building more new homes than any other city in Metro Vancouver. For buyers, that creates opportunity — and a few traps that are easy to fall into without the right agent.
Buying a pre-sale condo or a new-build townhome is different from buying a resale home. The contracts are written by the developer's lawyers, and they favour the developer. Completion dates shift. Deposit structures are aggressive — often 5% at signing, another 5% within 90 days, and a final 5% at completion. AG. Song reviews every developer contract line by line and flags the clauses that put you at risk.
BC's New Home Warranty through 2-5-10 covers your purchase: 2 years on labour and materials, 5 years on the building envelope, and 10 years on the structure. AG. Song ensures your new construction purchase is properly enrolled in the warranty program before you take possession.
Fleetwood has multiple new townhome developments along the future SkyTrain corridor. South Surrey is seeing luxury new builds in Grandview Heights. Whalley's City Centre has high-rise pre-sales starting under $500,000 for studios and one-bedrooms. AG. Song, your Surrey REALTOR®, represents buyers at developer sales centres across Surrey. Call (778) 952-9177 to discuss which developments match your budget.