Where new homes are going up
The listings below show newer and new-build homes wherever they are in South Surrey and White Rock. Along King George Boulevard, bus rapid transit is being designed from Surrey City Centre to Semiahmoo Town Centre (City of Surrey, May 2026). Guides: Grandview Heights, King George Corridor, Morgan Creek.
2026 Presale Tax Rules, Deposit Structures & 7-Day Rescission
- BC Newly Built Home Exemption: no property transfer tax on a qualifying new principal residence up to $1,100,000 (partial to $1,150,000).
- Federal First-Time Buyers' GST Rebate: up to 100% of the 5% GST back on a new home up to $1 million (max $50,000). Read the BC new home GST guide.
- Deposits: usually 10%–20% total, staged over construction and held in trust.
- 7-day rescission: under REDMA you can cancel within 7 days of signing and receiving the disclosure statement.
- 2-5-10 warranty: 2 years materials and labour, 5 years building envelope, 10 years structure.
Established & Recently Completed South Surrey Townhome Communities
These are finished complexes, not presales. Units come up for resale on the MLS®; years shown are completion years where confirmed.
- Fox and Aikins North (2024) – completed townhome community, resale only
- South Village (2023) – completed townhome community, resale only
- Hyde Park (2021) – completed townhome community, resale only
- Greenway (2017) – completed townhome community, resale only
- Arista (2011) – completed townhome community, resale only
- Jacobsen – established community, resale only
- The Heights – established community, resale only
- SOHO – established community, resale only
- Blu Living – established community, resale only
- Brownstones at Morgan Crossing – established community, resale only
- Grandview Corners – established community, resale only
Market snapshot
Across White Rock and South Surrey, MLS® HPI benchmarks have recently been around $1.6 million for a detached home, $800,000 for a townhouse and $550,000 for an apartment/condo, lower than a year earlier, and buyers have had more listings to choose from than sales. These numbers cover all homes, not just new ones; FVREB does not report new construction separately. For current figures, see my Fraser Valley market stats page.
Source: Fraser Valley Real Estate Board MLS® Summary, White Rock / South Surrey (figures rounded from the statistics package). Benchmark = MLS® HPI.
Schools
School catchments change with each address. Start with the South Surrey school catchments guide, then confirm with the Surrey Schools school locator. For example, Surrey Schools lists Douglas Elementary in the Earl Marriott Secondary family for 2026-27 (Families of Schools 2026-2027).
Questions buyers ask
Are presales listed on the MLS®?
Some are, many are not. Developers often sell presales directly through a presentation centre. Ask me and I can check any South Surrey project for you.
What protection does a BC presale buyer have?
Under BC's Real Estate Development Marketing Act, the developer must give you a disclosure statement before you sign, and you can cancel by written notice within 7 days. Source: BC Financial Services Authority, Presales Information.
Do I pay property transfer tax on a new South Surrey home?
Not on a qualifying principal residence up to $1,100,000 under BC's Newly Built Home Exemption, with a partial exemption to $1,150,000.
Can first-time buyers get the GST back?
Yes. The federal First-Time Home Buyers' GST Rebate refunds the full 5% GST on a qualifying new home up to $1 million (maximum $50,000). See my BC new home GST guide.
How much deposit does a South Surrey presale need?
Most projects ask for 10% to 20% in staged instalments during construction, held in trust until completion.
Is transit improving in South Surrey?
King George Boulevard bus rapid transit is being designed from Surrey City Centre to Semiahmoo Town Centre (City of Surrey, May 2026).
Does it cost more to use a Realtor for a presale?
No. The developer pays the buyer's agent fees. Register with me before your first presentation-centre visit so I can represent you.
Search South Surrey and White Rock homes
Live MLS® listings, updated daily. Pick a home type, price range or area.
Resale is often the faster option: see South Surrey townhomes for sale.