Condominium Investment Philippines is your definitive resource on Philippine Real Properties and Condominiums, as some of the best investments in the country, condominium living in the Philippines, and other interesting topics.

Friday, May 1, 2015

NEWS FLASH - Ayala Land to build ‘huge’ shopping mall in Parañaque

The property developer is set to build a shopping complex rivaling Mall of Asia in terms of size

I've recently seen this news, this one particularly from Rappler.com, its also on sites such as those of the Philippine Inquirer and Philippine Start and the Standard. 

This bodes well for the area since its practically the Gateway to the South via the Coastal Hi-way. I anticipate that housing prices in the area will soon appreciate.  


NEW MALL. Ayala Land Incorporated confirms Wednesday, April 29 that it plans to start developing the 9-hectare mixed use complex in Parañaque City late 2015 or early 2016. Image from Ayala Land website

MANILA, Philippines – Ayala Land Incorporated confirmed Wednesday, April 29, that it plans to start developing a 9-hectare mixed use complex in Parañaque City late 2015 or early 2016.

The crown jewel of the development: a huge shopping mall that will be bigger than the Mall of Asia (MOA) complex. MOA is listed with 407,000 square meters in gross floor area.

Tuesday, April 21, 2015

CENTRO RESIDENCES UPDATE - APRIL 2015

CENTRO RESIDENCES, our premiere, best value-for-money project in Quezon City is on full-steam construction! We estimate that we will be RFO (Ready For Occupancy) ahead of time than our initial announcement of October 2015.

Here are the actual pics of current developments:

  Front
Side

We've already finished structural construction early this year. We are now working on the interiors and facilities.

We have only a few units left. Contact me now to reserve yours!

Tony

Wednesday, March 25, 2015

588 RESIDENCES UPDATE for 2015

Facade
588 RESIDENCES by KIKSLand has been a best-seller for me last year. Now, Its already RFO(Ready For Occupancy) for those wanting to be able to move in and avail of a Rent-To-Own Plan.

Strategically located within walking distance from Boni-EDSA MRT Station, 588 Residences still is a viable, practical investment, whether for condo-rentals or self-use.

Here are some of the latest pictures of the project:

Lobby

Tuesday, October 21, 2014

PHILIPPINE PROPERTY INVESTMENTS MADE SIMPLE

Greetings Friends!

So far, I'm almost on my 3rd year of being the the Philippine real estate industry and I've learned a lot. Having had a unique background in IT entrepreneurship and business consultancy, the previous experiences and my constant exposure to diverse information over the internet, plus my constant interaction with real
estate people - agents, brokers, clients and buyers, has given me the following perspectives:

1. Most investors/buyers are not really investment savvy people
2. Many often fall prey to big-name sellers and are later on regretting their purchase

Sunday, September 21, 2014

CENTRO RESIDENCES OPEN HOUSE

Contact me for a special guided viewing on this day!
Tony - 0932-538-8846 / 0915-334-7590 / Email - tony01.smdc@gmail.com


Tuesday, August 26, 2014

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.