With the influx of condominiums in almost all cities nationwide, more so in Metro Manila – condo living has been a common norm in Filipinos’ lifestyles. The demand for condominiums has been on an increasing trend for the past few years. We all know that living in a condominium offers exclusivity, comfort and convenience – who wouldn’t want all that? It is a wise investment, too, for those who can rent out or resell the property.
One of the properties you can consider now is on its pre-selling phase, the Gold Residences. All of 11 hectares – this master planned community consists of both residential and commercial spaces for young professionals, businessmen and families. Developed by the award-winning SM Development Corporation (SMDC) under its Premier brand – this first township is said to be a mix of everything. It is modern, dynamic, innovative and impressive. After all, this property is said to be the gold standard - one that assures you are in a right place at the right time.
Here are the reasons why owning a Gold Residences’ unit is a wise investment option for you:
Gold Residences is located in Sto. Nino, Paranaque City, right across NAIA Terminal 1. For the seasoned traveller or businessman, this is a big advantage since you are just a few steps away from the airport. It will surely be a hassle-free travel anytime as the airport is right beside your own home. Or if you need to go on short day trips outside the metro for some breather away from the city, you can do so in a few minutes. Tagaytay, Laguna and Batangas can be easily reached without spending too much time on traffic. Aside from this convenience, the area is so strategic if you’re looking for the best in modern dining, shopping, entertainment and leisure hubs. Even the world-class Entertainment City where you can have a widest choice of options is a few minutes away. Other interesting spots that are not very far are the following: Resorts World Manila, Solaire Resort & Casino, City of Dreams Manila and OKADA Manila Resort & Casino. For shopping – big, exciting malls like The New Port Mall and Mall of Asia are just within a short distance.
If you’re working in Makati – it is actually just 20-25 minutes away using the SLEX. It is 40-45 minutes away to another business district, the Bonifacio Global City in Taguig. Alabang is nearer, just mere 15 minutes away. A vibrant work-life balance is guaranteed with the accessibility to your work and business locations. Spending more time with the people who matter to you is definitely a big plus. You can bond with your love ones more as living here does not take much of your time on the road everyday.
Topnotch Facilities and Amenities
Being a luxury condominium, Gold Residences offers what you need for a modern, comfortable lifestyle with the variety of high-end amenities you can enjoy. More than the basic amenities, you will also have the privilege for access to elegant function and entertainment rooms, modern fitness centers, breathtaking landscaped gardens, cozy lounges and impressive designer pools. Luxury condominiums command higher prices so expectedly – you will get what you pay for with the kind of facilities and amenities you would have. Premier residences are usually accompanied with that extra and finer stuff that you wouldn’t find in the regular condominium developments.
Profitable Long-Term Returns
The capital appreciation and the potential rental income are what would lure one to invest in a condominium unit. A premier condominium like SMDC’s Gold Residences can give you good property sales value as it offers a different kind of quality premium lifestyle. Haven’t you noticed that even with the high prices, luxury condominiums sell out fast at pre-selling stage?
Gold Residences with its location, ongoing developments around the area, first rate amenities and developer’s reputation and reliability certainly would command a high appreciation rate through the years.
If you are talking of Return of Investment (ROI) – please see below sample computations after 1 year and 5 years considering the above factors mentioned. It is expected that appreciation for this property will be faster and higher:
*The current pre-selling price for a 25. 42 sq. m. 1 bedroom-unit is P7,323,300 ( inclusive of all the charges & taxes). If you decide to sell it after 1 year and after 5 years, here’s what you would stand to gain:
After 1 year:
P9,000,000 – 7,323,300 x 100 = 123% ROI
After 5 years:
P20,000,000 – 7,323,300 x 100 = 273% ROI
Undoubtedly, real estate is one of the safest investment options one can go. It is a good way to balance out your stream of investments in the long run. Are you now ready to be one wise property investor of a luxury property? Check Homdax for a sample computation of your unit.