New construction in Surrey City Centre
Surrey Presale Condos in Surrey City Centre
New condo towers next to the Expo Line, from studios to 3 bedrooms. Get current prices, floor plans and deposit structures for Surrey City Centre presales, at no cost and with no obligation.
- Walking distance to Expo Line stationsSurrey Central, Gateway and King George are all in City Centre today.
- Deposits held in trust under REDMAProtected if the developer fails before completion.
- 7 calendar day rescission periodCancel in writing for a full deposit refund, with no fee.
Where Surrey City Centre is
The Only Part of Surrey ThatAlready Lives Like a Downtown
Surrey City Centre is served by the Expo Line today at Scott Road, Gateway, Surrey Central and King George. King George Station to Waterfront Station in downtown Vancouver takes 40 minutes.
Central City
SFU Surrey campus
Holland Park
Surrey Memorial Hospital
40 minutes to Waterfront
A Dense, Young, Renter Heavy Neighbourhood
- Expo Line stations
- Scott Road, Gateway, Surrey Central and King George all serve the Whalley and City Centre area.
- Central City
- The shopping centre and office tower sit directly at Surrey Central Station.
- SFU Surrey campus
- Simon Fraser University’s Surrey campus is inside Central City at Surrey Central.
- Holland Park
- The city’s central park sits between the Surrey Central and King George stations.
- Surrey Memorial Hospital
- The regional hospital and its emergency department are a short drive east of City Centre.
- 40 minutes to Waterfront
- King George Station to Waterfront Station in downtown Vancouver, on the published TransLink travel time table.
Surrey City Centre is a small, dense, young, renter heavy, transit dependent neighbourhood, and the census numbers say so clearly. That is a real profile, not a criticism, and it is the profile that makes City Centre condos the most accessible entry point in Surrey.
Density. City Centre covers 548 hectares and held 33,520 residents in 2021 across 15,420 occupied private dwellings. High rise apartments make up 45 percent of its dwellings, 6,960 units, against 5 percent citywide, and low rise apartments another 36 percent. Single family homes are 6 percent.
Growth. City Centre’s population grew 24 percent between 2016 and 2021, up from 18 percent between 2011 and 2016, against 10 percent citywide.
Who lives there. The average age is 38, 34 percent of residents are aged 20 to 34, and only 17 percent are under 20 against 23 percent citywide. Fifty five percent of households rent, against 30 percent citywide, and average household income was $77,200 in 2020 against $116,600 citywide.
Transit. Thirty two percent of City Centre residents take transit to work, against 13 percent citywide, and only 61.3 percent drive against 82.2 percent citywide. The trade off shows in commute length: 62 percent of City Centre workers commute more than 30 minutes, against 50 percent citywide, because a large share of them are travelling into Vancouver.
Whalley, next door. The surrounding Whalley community, excluding City Centre, held 77,360 residents with an average household income of $111,900, 41 percent renters and 20 percent transit commuters. It is a different neighbourhood from City Centre with a different price level, which is why homes for sale in Whalley and Whalley condos for sale are separate searches.
The honest framing for a presale buyer: an investor’s rental assumptions and an owner occupier’s lifestyle assumptions should both be tested against those numbers rather than against a marketing brochure.
SkyTrain and getting around Surrey City Centre
Today, four Expo Line stations serve the Whalley and City Centre area, and King George to Waterfront is a 40 minute ride. SFU’s Surrey campus and Central City sit at Surrey Central, and Holland Park sits between the stations.
From late 2029, the $6 billion Surrey Langley SkyTrain extends the Expo Line 16 km east along Fraser Highway from King George Station with eight new stations. As of mid 2026 all eight station sites are under construction and trackwork has begun. That extension makes King George an interchange rather than a terminus.
What this page will not say is that any of that will raise the value of a specific presale. Improved transit access is one factor buyers weigh among many, and nobody licensed in British Columbia may promise a price outcome from an infrastructure project.
Why buy a presale in Surrey City Centre
Why Buy a Presale inSurrey City Centre
Four factual reasons, and one honest caveat.
Commentary that Surrey’s population growth and transit investment will support future demand is third party opinion, not a promise. No return, appreciation or rental outcome is guaranteed.
Already on the Expo Line
Surrey City Centre is served today by Surrey Central, Gateway and King George stations, so you are not waiting on transit to arrive.
Real first time buyer savings
Many qualifying new homes are Property Transfer Tax exempt up to $1,100,000, and eligible first time buyers can claim the federal GST rebate of up to $50,000 on homes up to $1,000,000.
First pick, and time to save
Buying before completion means choosing your floor plan, exposure and level early, and paying your deposit in instalments while the building goes up.
Independent representation
Shawn represents you, not the developer’s sales centre, and reviews the Disclosure Statement with you before you commit.
How presales work in BC
A Smarter Wayto Buy New
A presale is a home you buy from a developer before it is built. The rules in British Columbia are set by the Real Estate Development Marketing Act, or REDMA, and they are genuinely buyer friendly if you know them.
Deposits in stages
Total deposits usually run 15% to 25% of the price, paid in stages. A common pattern is 5% at contract signing, then further instalments over 12 to 18 months.
Deposits held in trust
Deposits are held in trust under the Real Estate Development Marketing Act, or REDMA, and are protected if the developer fails before completion.
7 day rescission period
Under REDMA you can cancel in writing within 7 calendar days, including weekends, from the later of signing or receiving the Disclosure Statement, for a full deposit refund with no fee. That is different from the 3 business day Home Buyer Rescission Period on resale homes.
GST on new construction
New construction is subject to GST. Under Bill C-4, which received Royal Assent on March 12, 2026, eligible first time buyers can receive a 100% federal GST rebate on new homes up to $1,000,000, worth up to $50,000, phasing out to zero at $1,500,000.
Property Transfer Tax exemption
The newly built home Property Transfer Tax exemption reaches up to $1,100,000 with a partial exemption to $1,150,000, so many qualifying new homes are PTT exempt.
Assignments
You can only assign a presale contract if the contract allows it and the developer consents, usually for a fee of 1% to 3%. Assignment profit can trigger GST on the premium, the BC Home Flipping Tax if held under 730 days, and business income tax.
Deposit, GST, Property Transfer Tax and assignment information on this page is general information, not legal, tax or financial advice. Review each project’s Disclosure Statement and speak to your own lawyer and accountant.
Assignments, and why they are not an exit plan
An assignment is only possible if the contract permits it and the developer consents, with fees commonly 1 to 3 percent. The 2026 tax exposure stacks: 5 percent GST on the assignment premium, the BC Home Flipping Tax if held under 730 days, and possible business income treatment by the Canada Revenue Agency. An assignee only qualifies for the first time buyer GST rebate if the original contract was signed on or after March 20, 2025.
Do not buy a City Centre presale with an assignment as your exit plan unless you have taken professional advice on all three exposures.
Presale developments in Surrey City Centre
New Construction Homes for Salein Surrey
Named projects only, with the developer as text. Statuses move faster than any aggregator page keeps up with, so every row below is dated and must be confirmed with the developer before you decide.
Get the Current Presale ListCentury City Holland Park
by Century Group
King George Boulevard at 98A Avenue
Georgetown Two
by Anthem Properties
Whalley Boulevard at Central Avenue
Lucent
by Landa Global Properties
City Centre, near Surrey Central and Gateway
Parksville 96
by Darshan Builders
Surrey City Centre
Passages
by Rize Alliance
Whalley Boulevard at 101 Avenue
The Piano
by Concord Pacific
Surrey City Centre
City Corners II
by Zenterra Developments
10055 133 Street
Central Living
by Manse Group
Opposite Holland Park
Project detail, how this list was built, and what it leaves out
- Century City Holland Park
- A transit oriented master plan on about 3 acres, with a 39 storey and a 34 storey tower plus ground level townhomes. Floor plans reported at 441 to 1,195 sq ft. About a 1 minute walk to King George Station. First tower reported selling, completing late 2026
- Georgetown Two
- A 31 storey tower, reported under construction and finishing in 2026. Georgetown One, 30 storeys and 342 homes, is reported complete, so it is resale rather than presale. Under construction
- Lucent
- A 26 storey tower with studios to 3 bedrooms plus townhomes, steps from the Surrey Central and Gateway stations. Presale
- Parksville 96
- A 34 storey mixed use high rise, reported at 370 condominiums plus townhomes and retail. Presale
- Passages
- A mixed use community, reported as 5 towers plus a mid rise. Presale
- The Piano
- Concord Pacific’s second major Surrey development. Presale
- City Corners II
- A 6 storey mid rise, reported at 98 homes from studio to 3 bedroom. Presale
- Central Living
- Reported at 228 residences across three 6 storey buildings. Presale
Surrey has been reported to have roughly 187 active presale developments starting around $300,000, most of them clustered around the Scott Road, Gateway, Surrey Central and King George stations. That is a third party count, dated to its source’s own reporting, and it is context rather than a forecast.
Two things this page deliberately does not do. It does not print a price for any project, because not one of the prices circulating for these towers was confirmed with the developer. And it does not list 102+Park, the 42 storey tower marketed at 13525 102 Avenue, because it is reported cancelled and converted to rental.
Presale project details including price, availability, unit counts and completion dates are provided by developers, change frequently, and were accurate as of July 2026. Confirm current status with the developer before making any decision. No return, appreciation or rental outcome is guaranteed.
Your journey, step by step
Your Deposit and Timeline,Step by Step
A simple breakdown of the typical presale process in Surrey City Centre.
- Day 0
Contract signed
You sign the Agreement of Purchase and Sale with a first deposit of typically 5% of the purchase price.
- Days 1 to 7
REDMA rescission period
Under REDMA you have 7 calendar days from the later of signing or receiving the Disclosure Statement to cancel in writing, with a full deposit refund and no penalty.
- Months 6 to 18
Further instalments
Additional deposits, commonly 5% to 10% at a time, until the total reaches about 15% to 25%. A common pattern is 5, then 10, then 10, then 10.
- During construction
Deposits in trust
Your deposits stay in trust under REDMA and are protected if the developer fails before completion.
- Completion
Balance and closing
You arrange your mortgage and pay the balance. GST applies to new construction, with the first time buyer rebate if you qualify, and most qualifying new homes up to $1,100,000 are Property Transfer Tax exempt.
Every contract is different. Deposit schedules, assignment rights and completion windows are set out in the Disclosure Statement, so read it and get your own legal advice before you sign.
Questions? We’ve got answers.
Frequently AskedQuestions
What presale condos are selling in Surrey City Centre in 2026?
Active or recent projects include Century City Holland Park by Century Group at King George, Georgetown Two by Anthem, and Lucent by Landa Global, with prices and availability that change often, so confirm current status before deciding. Georgetown One is reported complete and is resale rather than presale.
How close are Surrey City Centre presales to SkyTrain?
Very close. Century City Holland Park is reported at about a 1 minute walk to King George Station, and most City Centre presales cluster around the Surrey Central, Gateway and King George stations.
What deposit do I need for a Surrey presale?
Deposits usually total 15% to 25% of the price, paid in stages starting around 5% at signing, and they are held in trust and protected under the Real Estate Development Marketing Act if the developer fails before completion.
Do first time buyers pay GST on a Surrey City Centre presale?
New construction is subject to GST, but eligible first time buyers can receive a 100% federal GST rebate worth up to $50,000 on new homes up to $1,000,000 under the 2026 rules, phasing out to zero at $1,500,000. Eligibility conditions apply and this is not tax advice.
Can I cancel a Surrey presale after signing?
Yes, within the 7 calendar day rescission period under the Real Estate Development Marketing Act, measured from the later of signing or receiving the Disclosure Statement. Cancel in writing for a full deposit refund with no penalty.
Should I buy a presale or a resale condo in Surrey Central?
Compare them properly. The Surrey Central apartment benchmark was $462,800 in August 2026, down 11.2 percent year over year, and nearby Surrey North carried 699 active apartment listings against 53 sales, so resale negotiating room is substantial right now. A presale offers new construction, warranty, the GST rebate for eligible first time buyers and a PTT exemption, at the cost of a completion date that can move.
How much is a condo in Surrey Central?
The FVREB Surrey Central apartment benchmark was $462,800 in August 2026, down 11.2 percent year over year. City wide, the Surrey average sold condo was $476,570, down 12.0 percent. Benchmark and average sold prices are different measures.
Are Surrey City Centre condos a good investment?
Nobody licensed in British Columbia can responsibly answer that with a yes, and BCFSA rules prohibit promising appreciation, returns or rental income. What can be stated factually: City Centre’s population grew 24 percent between 2016 and 2021, 55 percent of its households rent, 32 percent of residents commute by transit, and the area apartment benchmark was $462,800 in August 2026, down 11.2 percent year over year.
Options that fit your goals
Condos for Salein Surrey Central
Presale condos
- You choose the floor plan early
- Pay in deposit instalments
- Get a new home warranty
- Wait for completion
- GST applies to new construction
- Many qualifying homes are exempt from Property Transfer Tax
Resale condos
- See exactly what you are buying
- You can move in now
- No GST on a resale home
- You pay Property Transfer Tax
- You inherit the building’s age and strata history
Surrey Central has deep resale condo inventory alongside its presale pipeline. The Surrey Central apartment benchmark was $462,800 in August 2026, down 11.2 percent year over year, and the adjacent Surrey North area carried 699 active apartment listings against 53 sales.
Not everyone wants to wait for a building to finish. Buying resale means you see the actual unit, the actual view and the actual strata, and you can move in now. Compare the two properly rather than being talked out of it.
Whalley and City Centre have the lowest condo prices in Surrey, which is why it is the common entry point for first time buyers. Resale condo inventory around City Centre and North Surrey is very deep and prices have corrected hard, which is a strong buyer position and also the competition every presale in the area is being sold against.
Apartment benchmarks around Surrey City Centre, August 2026
Scroll the table sideways for active listings and sales
| Area | Apartment benchmark | Year over year | Active listings | Sales in August |
|---|---|---|---|---|
| Surrey Central | $462,800 | Down 11.2% | 234 | 19 |
| Surrey North | $401,400 | Down 10.0% | 699 | 53 |
| Fraser Valley board wide | $466,100 | Down 8.9% | Not published | Not published |