PRE-CONSTRUCTION DECISIONS
Evaluate each development as a timeline of commitments, costs, and delivery risk rather than as a collection of renderings. Evaluate the contract, developer, building economics, floor plan, deposit exposure, and intended exit as one decision. A polished rendering explains the concept; it does not replace review of the documents, delivery assumptions, operating costs, or the alternatives already available in the resale market.
Study the developer's delivery record, the project team, construction status, planned amenities, ownership structure, and the assumptions behind projected fees. Compare the selected line and view with competing stacks in the same building and with completed properties that offer a similar lifestyle today.
Map every deposit milestone, financing decision, closing requirement, and cash reserve before signing. Consider how long the capital may remain committed, what changes are permitted, which costs are estimates, and how a delayed delivery or a different rate environment would affect the plan.
Clarify whether the property is for personal use, long-term ownership, rental income, or resale. Review assignment rules, leasing restrictions, expected competition at delivery, and the amount of comparable inventory. A disciplined purchase has a reason to own the unit even if appreciation is slower than expected.