In the past, condominium living has been disregarded as a good investment for a variety of reasons. However, this image has since changed dramatically. As people become urbanized, so is modern lifestyle which includes the patronization to the high rise of condo living. The cost for single family homes and townhouses also has risen to great value, hence the demand for more affordable condo housing.
Real estate companies which acts as intermediary between the buyer and the seller is prevalent in cities which have a high demand of urban dwelling. They offer different approaches to attract buyers into trusting their companies. Almost all of them are adept to business jargons and linguistics as well as on how to play the game.
In developing Asia, one real estate company stands out above the rest.
The Peterson Group Bespoke Condominium and Residences focuses on providing expatriates with dwellings in the cities of Singapore, Hong Kong, Jakarta, Indonesia and Kuala Lumpur, Malaysia. With years in service, TPG, as it is being called among its members and partner properties, has provided hundreds of units and unique services to hundreds of expats starting their lives in the abovementioned cities. After years of servitude, however, it seems that the Peterson Group also has their share of complaints. The following are the pros and cons in signing up with them:
1. Bespoke Services
The company claims special and unique characteristics from others through personalized and customized features and services they offer to clients.
Pro: You can customize the services you want to add in your stay such as personal chauffer, domestic maid, pet care, pet service, tutoring service among others.
Con: Complaints from other members include unsatisfactory performance from the people being hired
2. Payment Scheme
Just like in any realty services, your agent is being paid through commissions. So you do not have to pay TPG for any unit you have availed. For instances where you have taken advantage of any special service, the payment should be directed at TPG.
Pro: in case of any trouble for special services, TPG can immediately claim responsibility
Con: complaints regarding the unit proper would be directed to the condo developer. In a lot of cases, it takes a lot of review and necessary processes before getting approved, revised, or in critical issues, refunded.
Signing up with The Peterson Group does not end on the exchange of unit keys. An association is built for expatriates under TPG’s expat program where annual gathering is being observed
Pro: You can meet new friends and be with people who are in the same shoes as you are
Con: you cannot easily get rid of any connection you have with the company