CENTRO TOWERS - Newest Best Investment in Quezon City!

If you're looking for an excellent value-for-money condo development in the center of the metro, you'll never go wrong with Centro Towers. Its location is right smack in the middle of Northern and Southern Metro Manila commercial areas and has easy access to main thoroughfares such as EDSA and Aurora Boulevard. And its at the part where there's only few traffic most of the time.

Centro has easy access to the Cubao CDB, Ortigas CBD (via EDSA and Ortigas flyover), Greenhills Shopping Complex, Kamuning/Kamias, the Timog entertainment district, etc. Its also very near the Robinsons Magnolia Mall and St. Paul's College. Close proximity to both MRT and LRT-2 gives it access to most areas of the metro.

I'm saying good value-for-money because the per square meter is at least 20-30% cheaper than most condo developments I've seen, yet the quality is, in my opinion, at par, or better due to lesser density per floor. So there will likely be less chances of long waiting times for your turn at the elevator.

I've seen Baron Residences in Mandaluyong, another project of Wee Communities, the developer for Centro, and what I can say is, these guys make residential condominiums I would live in for the long term. And due to their easy own rates, it's really likely that I'll be purchasing my own unit here soon.

Its projected RFO (Ready For Occupancy) is on June 2017. Not a long wait if you ask me.

Best Practices When Investing In Condominium Properties in the Philippines 2014

As I have been looking around the Metro for the best property deals and learning more about the ins and out of property investment here in the Philippines, I've distilled and updated my list of criteria that simplifies yet provides a reasonable amount of security and assurance for the investor or property buyer. These are the following:

1. Location - Is still, of course, one of the most important consideration with the purchase of a condo unit. Are you eventually planning on using it for yourself in the future or are you're looking to earn regular rental income from it? Or are you hoping to "flip it" once you've gotten an appreciation you're going to be happy with? Based on these considerations, your choice of location is really quite personal. It would also help if you have an authority to consult on this aspect for another opinion.

2. Company/Developer - The developer, I realized, doesn't necessarily have to be one of the big ones with celebrity endorsers. As per my experience, the cost for the advertising and marketing eventually falls on the end buyer. You may not realize it, thinking that you got a good deal but actually, if you calculate price per square meter and consider the livability of the condo unit, you'd eventually realize that you may not have gotten a very good deal at all.