Halo by Polygon Homes

"Brighter skies and ocean air define life in South Surrey."

Polygon Homes is set to bring its latest South Surrey condominium project, Halo, to market in early Fall 2024. This will be Polygon's first condo development in South Surrey since completing its Harvard Gardens master-planned community, located at the northwest corner of 152nd Street and 32nd Avenue.

There is an extremely limited supply of new condos in the South Surrey area, making Halo a highly sought after product for not only end-users but long-term investors as well. 

As highlighted in my latest New(er) Homes Resale Report, The current supply and demand levels for one- and two-bedroom condos make South Surrey a prime investment opportunity. As of July 2024, there were only three newer (<10 years old) one-bedroom units for sale in all of South Surrey. The two-bedroom market is also limited, with just 21 active listings.

One of the major benefits of purchasing at Halo is the generous floorplan sizes. Polygon designs with the end-user in mind, offering one-bedroom units starting around 650 square feet and two-bedroom homes in the 850 square feet range. Such spacious layouts are increasingly rare in the new home market, making these plans valuable long-term investments.

As a South Surrey resident myself, I can confidently say that Halo’s location is one of the most desirable for those seeking the convenience of urban living at their doorstep. Residents can enjoy a village-like atmosphere with easy access to transit, beautiful walking trails, beaches, retail, and other everyday amenities.

As an owner of an investment condo in the neighborhood, I can confidently say that the high demand for rentals and the quality tenant mix make Halo an excellent investment opportunity for those looking to expand their portfolio.

This investment potential is further highlighted by the scarcity of new condo inventory in the South Surrey market. According to the July 2024 New(er) Home Market Report, there is an extreme shortage of new condos available for sale, reinforcing the opportunity for investment.

The average one-bedroom condo rent is approaching $2,200, while two-bedroom rents are approaching $2,700.

For more information on South Surrey, visit my neighbourhood profile: South Surrey

Halo is a part of Polygon's larger vision for the Semiahmoo neighbourhood of South Surrey where they currently have 742 new condos planned for the area.

Halo Key Features:

• Mix of 1, 2 and 3 bedroom homes located in an established community. 
  
  
• "An outdoor oasis awaits for you to connect with community or recharge on your own. Energize your day at the fully equipped fitness centre and yoga studio, or entertain friends and family in the great room. Life at Halo is perfectly dynamic."
  
  
• "A grand sense of arrival greets you in hotel-style lobbies, with impressive double-height ceilings, warm wood paneling, statement pendant lighting and seating."
  
  
• "Stay active and refreshed in the fully-equipped fitness studio, where you can enjoy a cardio workout, a strength training session or a relaxing yoga practice in the designated stretching area."
  
  
• "Host private meetings in the convenient onsite boardroom."
  
  
• Parcel delivery room and on-site resident caretaker. 

Developed by Polygon Homes

The Polygon family of companies has built more than 34,000 homes throughout Metro Vancouver. Trusted, caring and forward-thinking. These traits have established Polygon as one of Vancouver’s leading homebuilders. In that time, we’ve built everything from complete masterplanned communities to luxury high-rise towers in dynamic urban centres. Each one of our residences is crafted with decades of experience so that homeowners – at any stage of life, in any municipality across the Lower Mainland – can buy a home with confidence and peace of mind.

Development Details

• Total Homes | 204
• Storeys | Two, six-storey buildings 
• Completion Date | Spring 2026
• Deposit | TBD
• Assignment | TBD

Starting Prices

• Studio | TBA
• 1-Bed | TBA
• 2-Bed | TBA
• 3-Bed | TBA
• Townhomes | TBA
  
  

• Opportunity to purchase in an established neighborhood where what you see is what you get. The area boasts a diverse mix of residents and strong family-oriented lifestyles.
  
  
• Some of the most affordable housing options you'll find in the desirable South Surrey community.
  
  
• Reputable developer with long standing track record of quality building throughout Metro Vancouver. 
  
  
• Strong rental market fundamentals.
  
  
• Growing list of retail, entertainment and service amenities that will contribute to the overall appeal of this community.
  
  
• Community that is investing in infrastructure and amenities; new community centres, schools & retail.
  
  
• Strong resale demand for newer product. First-time buyers & young families from across Metro Vancouver are choosing South Surrey because of its convenient location, community diversity and overall safety.
  
  
• Alarmingly low resale supply in the market with no real chances of increased supply in the near future. The latest Metro Vancouver Entry-Level, Newer-Home Market Report shows that there are just three 1-bedroom & 21 2-bedroom homes available at the end of July 2024. 
  
  
• New low-rise condo supply is also limited in the South Surrey market, making this a great long-term investment for investors, and first-time home buyers wanting to enter the South Surrey market to build equity.