This magnificient property sitting on the corner of Pasay Road is pegged 2 Php263,184per sqm.
Wednesday, July 7, 2010
Most expensive penthouse in Manila
Earlier this week, Kingdom Investments aka Raffles Hotel and Residences offered a penthouse unit to a mainland Chinese buyer. This unit is measured 402sqm more or less for a corner unit facing viewings of Greenbelt and San Lorenzo Village towards Laguna for a whooping USD2.3 million roughly around Php105.8 million.
Monday, June 28, 2010
Philippines: Top 3 Property Rentals in Asia
An article written by Alberts Hana R. titled Best Places In Asia To Be A Landlord writes the Philippines (8.98%) amongst the best property rentals in the market. Surging behind Jakarta (12.34%) and followed by Kuala Lumpur (8.76%).
Montague-Pollock's team collects its information using in-house research, information from accountancy and law firms, and central bank and national statistical data. It ranks 13 Asia-Pacific countries in terms of rental yields (technically, the gross annual rental income expressed as a percentage of the property purchase price) in upscale parts of their major cities. These include areas like Hong Kong Island and the central residential neighborhood of Boeung Keng Kang in Phnom Penh, Cambodia--places where at least moderately well-heeled professionals live, be they expatriate or local.
While property buying skyrocket in China and Hong-Kong, 68% and 31% respectively. Manila has properties in their CBD (Central Business District) close to the amount of USD70,000 as compared to that in Hong-Kong. More and more capital cities are much more expensive now.
A couple of years ago, a shortage of luxury condominiums gave way to opportunity for property developers to showcase their luxurious property; a quarter of a price being offered compared to other neighboring countries. Big investments started to come in: such as Kingdom Investments of Raffles and Discovery Primea. Followed by Ayala developments Ayala Park Terraces.
The expat market is not limited to only renting properties but also has a chance to buy a condominium under the CCT (Condominium CorporationTitle) that states foreigners can legally acquire property that can only accommodate 40% of the occupancy.
This influx of expats renting and buying are coming strongly from the BPO (Business Process Outsourcing) where companies are expanding for back office job works as well as cheaper cost of living in the country.
Montague-Pollock's team collects its information using in-house research, information from accountancy and law firms, and central bank and national statistical data. It ranks 13 Asia-Pacific countries in terms of rental yields (technically, the gross annual rental income expressed as a percentage of the property purchase price) in upscale parts of their major cities. These include areas like Hong Kong Island and the central residential neighborhood of Boeung Keng Kang in Phnom Penh, Cambodia--places where at least moderately well-heeled professionals live, be they expatriate or local.
While property buying skyrocket in China and Hong-Kong, 68% and 31% respectively. Manila has properties in their CBD (Central Business District) close to the amount of USD70,000 as compared to that in Hong-Kong. More and more capital cities are much more expensive now.
A couple of years ago, a shortage of luxury condominiums gave way to opportunity for property developers to showcase their luxurious property; a quarter of a price being offered compared to other neighboring countries. Big investments started to come in: such as Kingdom Investments of Raffles and Discovery Primea. Followed by Ayala developments Ayala Park Terraces.
The expat market is not limited to only renting properties but also has a chance to buy a condominium under the CCT (Condominium CorporationTitle) that states foreigners can legally acquire property that can only accommodate 40% of the occupancy.
This influx of expats renting and buying are coming strongly from the BPO (Business Process Outsourcing) where companies are expanding for back office job works as well as cheaper cost of living in the country.
Tuesday, June 1, 2010
Pacific Plaza Tower, Fort Bonifacio Global City
The Pacific Plaza Towers is a high-end residential condominium located in the Fort Bonifacio Global City, Taguig City, Philippines. The twin sky building is 53-storeys, the North Tower and South Tower were turned-over completely on 2001.
A standard 3 bedroom unit sizes range from 298sqm (3,206sqft) or 303sqm (3,260sqm). Each residential condo has unobstructed views of the Antipolo Hills and Laguna De Bay as well as Makati Skyline and Manila Golf Course. All units in the luxury apartment have a fully functional kitchen from the cooking range, oven, refrigerator, dishwasher and microwave as well as the laundry area that provides for a washing machine and dryer.
The amenities of the apartment are absolutely superb. A fully equipped gym are available for the gym buffs, a playground and sandbox for the kids, over sized swimming pool for the family, a chapel room for the religious, a meditation garden for the discreet ones and a recreational hall for events that will be memorable.
A professional property management team maintains the common areas, amenities and security of the building.
The Pacific Plaza Towers are an idle choice of property investment and have been proven through-out the years it has been an address choice of the elite and a favorable selection for the lessees.
Update: June 2010
Lease rates per month starting @ Php150,000/ per month
Price rates per unit starting @ Php34,000,000
Lobby: http://www.youtube.com/watch?v=JJa3BomDvDU
Unobstructed View: http://www.youtube.com/watch?v=3RjAGMEQK1c
Standard Unit: http://www.youtube.com/watch?v=PL2w5FPr9i4&feature=related
Contact:
Realtor Don Angelo
donangelo247@gmail.com
0917 535 5655
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