Archive for December 2013

Look Who’s Bought – Phil Heng

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Buyer Profile Series

There’s no better compliment than when a Realtor partner decides to purchase one of our homes for themselves. Phil Heng, who has directed many of his clients towards 3 Civic Plaza, was so impressed with Surrey City Centre’s next landmark address that he has now invested in the project himself.

There are a lot of new projects under construction at the moment in surrounding area and we view it as a huge vote of confidence that Phil has decided to purchase at 3 Civic Plaza. One of the things he found most impressive about the development was that people could have great access to downtown Vancouver using the SkyTrain, while living in a luxury home that was literally half the price of homes in Vancouver.

3 Civic Plaza’s positioning as a premium product, along with the luxury hotel and office spaces, makes this development stand out from other developments currently on the market. Features such as the geo-exchange district energy system and high end luxury finishings, make these homes hard to compare to other homes on the market.

Although he feels that the area is becoming a very “exciting place to live”, he doesn’t immediately plan to live in the home, but rent it out to attract a different kind of tenant than other developments in the area. He expects to easily find people that will fit in with the neighbourhood of people who have already purchased in the building.

Phil thinks 3 Civic Plaza is “one of a kind”. Although there are plenty of other developments around, the main draw to 3 Civic Plaza for Phil is to be at the exact centre of a new downtown core, with shops and restaurants within walking distance and the plaza and access to transit right outside his doorstep.