Soon to launch Megaworld's newest project right in front of Velasquez park in Salcedo Village, Makati City. Be the first to avail the prime units and promo for this project. :banana::banana:

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc7/432039_377288642289224_377281135623308_1477431_887332711_n.jpg (http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc7/432039_377288642289224_377281135623308_1477431_887332711_n.jpg)


http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/417741_124852327640786_100003480596859_97444_924402106_n.jpg (http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/417741_124852327640786_100003480596859_97444_924402106_n.jpg)

http://a2.sphotos.ak.fbcdn.net/hphotos-ak-ash4/423611_124851534307532_100003480596859_97442_2134605875_n.jpg (http://a2.sphotos.ak.fbcdn.net/hphotos-ak-ash4/423611_124851534307532_100003480596859_97442_2134605875_n.jpg)

Paseo Heights by Megaworld :)

http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308

http://www.facebook.com/media/set/?set=a.124851530974199.19508.100003480596859&type=3

Soon to launch Megaworld's newest project right in front of Velasquez park in Salcedo Village, Makati City. Be the first to avail the prime units and promo for this project. :banana::banana:

Where is this exactly? Is it the parking lot beside alfaro place?

Or the old building beside liroville apartments

sabi daw right in front of Velasquez park

nice, any agents for this project? can you please pm me the price list and terms for the smallest available unit cut.

akal ko yung paso de roces 2 na to,hehehehe

^^ ganda nmn ng render.. sana nmn ganyan din paglabas.. :lol:

Render shows the back of Paseo Parkview on the background. Baka sa tabi ng Starbucks facing the park.

render also shows ayala-land's one salcedo gates

No day render?

I like the location of this project. Very peaceful because it's across the park!

FIREWALL ALERT!!! FIREWALL ALERT!!!

:cripes:

http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308

FIREWALL ALERT!!! FIREWALL ALERT!!!

:cripes:

Why? Do you expect them to put up windows (possibly) facing another building?

Day Renders
http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash3/528192_399526230065465_377281135623308_1548401_867482504_n.jpg
http://a6.sphotos.ak.fbcdn.net/hphotos-ak-ash3/564250_399525946732160_377281135623308_1548400_1529419509_n.jpg

From Paseo Heights FB Page (http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308)

Lobby
http://a2.sphotos.ak.fbcdn.net/hphotos-ak-ash3/531925_399526296732125_377281135623308_1548402_1581560453_n.jpg

Amenities Area
http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash3/543268_399525493398872_377281135623308_1548398_1734230724_n.jpg

From Paseo Heights FB Page (http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308)

Amenity Deck Floor Plan
http://a7.sphotos.ak.fbcdn.net/hphotos-ak-ash3/554470_399527220065366_377281135623308_1548407_1466605157_n.jpg

Typical Floor Plan
http://a2.sphotos.ak.fbcdn.net/hphotos-ak-prn1/560781_399527333398688_377281135623308_1548409_131397177_n.jpg

From Paseo Heights FB Page (http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308)

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash3/524643_399529516731803_377281135623308_1548422_1078286563_n.jpg

From Paseo Heights FB Page (http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308)

The 2 bedroom layout is poor, it has a odd shape and you have to walk through the kitchen to go to one of the bedrooms. :nuts:

Lobby
http://a2.sphotos.ak.fbcdn.net/hphotos-ak-ash3/531925_399526296732125_377281135623308_1548402_1581560453_n.jpg

Amenities Area
http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash3/543268_399525493398872_377281135623308_1548398_1734230724_n.jpg

From Paseo Heights FB Page (http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308)

I'm glad, there are now Filipino-looking people on renders. Before, exclusively foreign people nasa renders. :lol:

Latest Updates!

The lot of Paseo Heights is now fenced. If you are familiar with Starbucks across Velasquez Park, its the 2nd lot beside it. There are 2 empty lots, Paseo Heights is the one with Blue fence.


AREA

Total Lot Area: 982 SQM.
Total Gross Floor Area: 16710.3 SQM.


EXTERIOR PAINT COLOR AND FINISH OF THE TOWER:

- PAINT FINISH AND FLOOR - FLOOR GLASS WITH METAL LOUVERS


30 storeys
GF - MAIN LOBBY/RETAIL
PODIUM 1 TO PODIUM 6 - PARKING LEVELS
7F - RESIDENTIAL/AMENITY DECK
8F TO 30F RESIDENTIAL UNITS

16 units/floor
Consist of studio and 2 bedroom units.

Studio Sizes:
- 22 sqm
- 30 sqm
- 33 sqm

2 bedroom - 62 sqm


All units will be delivered Fully Furnished Fully Fitted.

Turnover Date: April 2017 + 6 months grace period



No Downpayment No Interest!

this project is interesting...any pictures of the model Units?...prices?

I wonder if payment terms will be like those on Greenbelt's Hamilton since its Megaworld?...they're been coming up with impressive designs lately.

Day View

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-prn1/524146_152659034860115_100003480596859_187271_487272660_n.jpg (http://a5.sphotos.ak.fbcdn.net/hphotos-ak-prn1/524146_152659034860115_100003480596859_187271_487272660_n.jpg)

nice :)

this project is interesting...any pictures of the model Units?...prices?

I wonder if payment terms will be like those on Greenbelt's Hamilton since its Megaworld?...they're been coming up with impressive designs lately.

Hi Sou-jiro! Here pics just to give you an idea on what our model unit could look like

http://i1246.photobucket.com/albums/gg604/megaworldlorrainebarut/Paseo%20Heights/PaseoHeights-page34copy.jpg

http://i1246.photobucket.com/albums/gg604/megaworldlorrainebarut/Paseo%20Heights/PaseoHeights-page35copy.jpg

**Apologies for the huge photo


as for the prices. We haven't got the pricelist yet but the payment terms are:
No downpayment, 0% interest. Payable in 5 years for as low as 12,000/month :D



Edit:
Btw, just want to add that it will be 30 flrs. 104.9 m high.

The 2 bedroom layout is poor, it has a odd shape and you have to walk through the kitchen to go to one of the bedrooms. :nuts:

But it would be good if they could have windows in living room area.

But it would be good if they could have windows in living room area.

Yes that would make a big difference, especially if there was a nice view. I still find the layout too narrow giving a feeling of being squashed. There are just too many better developments to choose.

A typical MW stand-alone tower scattered all over Legazpi Village on tiny plots with mini pools. Better wait for the more exciting new development by Shang Properties nearby to be launched soon.

It kinda reminds me of the old Manila Pavilion Hotel. hehe.

Can anyone share what is the average price here? Thanks.

Can anyone share what is the average price here? Thanks.

Studio Units starts at 2.7 - 4.2M

22 - 33 sqm

Fully Furnished and Fully Fitted units!

Wow, the studios are extremely small even for a studio, at 22-33sqm.
At 22 sqm, that's a walk in closet:lol:
The location is nice and quiet for the most part.

Wow, the studios are extremely small even for a studio, at 22-33sqm.
At 22 sqm, that's a walking in closet:lol:
The location is nice and quiet for the most part.

If you are looking for a very spacious units then it may not be the project for you. You can check 8 forbestown road in Fort that have 77 sqm 1 bedroom units or One Uptown Residence which has 70 sqm.

You can combined 2 studios here though if you want ;)

Hi Sou-jiro! Here pics just to give you an idea on what our model unit could look like

http://i1246.photobucket.com/albums/gg604/megaworldlorrainebarut/Paseo%20Heights/PaseoHeights-page34copy.jpg

http://i1246.photobucket.com/albums/gg604/megaworldlorrainebarut/Paseo%20Heights/PaseoHeights-page35copy.jpg

**Apologies for the huge photo


as for the prices. We haven't got the pricelist yet but the payment terms are:
No downpayment, 0% interest. Payable in 5 years for as low as 12,000/month :D



Edit:
Btw, just want to add that it will be 30 flrs. 104.9 m high.

ok thanks :cheers: the 30sqm studio looks great if it will turn out exactly that way upon completion.

Terms and pricelist are available already.

If you want a quotation PM me or give ma a text message at 0917.813.1999

just curious how much are starting price for 30sqm studio units here? I'd imagine prices go up per floor?

just curious how much are starting price for 30sqm studio units here? I'd imagine prices go up per floor?

The prime 30sqm studio unit which is located on the lowest residential floor (8th flr) is 3,809,000. And yes, prices go up per floor

There's also 2 30sqm studio units at the 7th flr (Amenity Flr). :banana:

The prime 30sqm studio unit which is located on the lowest residential floor (8th flr) is 3,809,000. And yes, prices go up per floor

There's also 2 30sqm studio units at the 7th flr (Amenity Flr). :banana:

3.8M + fit out.

I computed unit 8B awhile ago its at 4.2M inclusive of VAT and fit outs.

3.8M + fit out.

I computed unit 8B awhile ago its at 4.2M inclusive of VAT and fit outs.

Hi, no. I already included the fit out in that computation
Fit Out for 8K is 726,620 while unit price is 3,082,380
Total of 3,809,000

And Megaworld prices are already VAT inclusive :)

Hi, no. I already included the fit out in that computation
Fit Out for 8K is 726,620 while unit price is 3,082,380
Total of 3,809,000

And Megaworld prices are already VAT inclusive :)

Oh yeah... I was looking at the 7B unit pala.

Wow, the studios are extremely small even for a studio, at 22-33sqm.
At 22 sqm, that's a walk in closet:lol:
The location is nice and quiet for the most part.

Actually those cuts are normal for a studio. 22 Sqm is definitely small but adequate, 33 sqm is much better. A studio is just a place to sleep, if the unit was any bigger then it may as well be a 1 bedroom.

Actually those cuts are normal for a studio. 22 Sqm is definitely small but adequate, 33 sqm is much better. A studio is just a place to sleep, if the unit was any bigger then it may as well be a 1 bedroom.



I disagree. I own several properties, one of which was a fairly recent purchase of a studio at 37sqm in Salcedo Village. So, I think I can vouch for what I'm saying. At 22sqm, yes you can sleep in it if that is what you are after. Arguably, it no longer qualifies as a studio but bed space. I guess if what you're after is more or less bedspace in a nice area, then fine, but to call it a studio is a stretch at 22sqm.

I disagree. I own several properties, one of which was a fairly recent purchase of a studio at 37sqm in Salcedo Village. So, I think I can vouch for what I'm saying. At 22sqm, yes you can sleep in it if that is what you are after. Arguably, it no longer qualifies as a studio but bed space. I guess if what you're after is more or less bedspace in a nice area, then fine, but to call it a studio is a stretch at 22sqm.

With all due respect, different developers are selling studio units between 21-23 sqm(smdc, filinvest, city land, avida etc..) so this project's 22sqm is quite normal.. actually, in business point of view.. this is more desirable since the tcp is lower than the bigger cut units and it is easier to find tenants for smaller units.

At the end of the day, it really depends on the needs of the investors.. what might not be suitable to you might be gold in the point of view of others. It might not look studio to you, but it is a studio unit for the rest of us.. you can't just impose your own definition on a merit that you own several properties. Ang Social Climber ng dating eh. Sorry ha. :)

For some reason, I am agreeing with both of you -- Mr Trump and rip013. Weird. I am against small cuts but I am for open market.

Does it matter? Small cut or big cut, you buy what you can afford isn't?

Is it difficult to combine multiple studio units if you require a bigger cut? I don't think so.

I disagree. I own several properties, one of which was a fairly recent purchase of a studio at 37sqm in Salcedo Village. So, I think I can vouch for what I'm saying. At 22sqm, yes you can sleep in it if that is what you are after. Arguably, it no longer qualifies as a studio but bed space. I guess if what you're after is more or less bedspace in a nice area, then fine, but to call it a studio is a stretch at 22sqm.

Its called a studio because it combines the bedroom, living room and kitchen in one room, there is no minimum size for it to qualify as a studio. If it didn't have its own bathroom or kitchenette I think you could consider it a bed space.
22 Sqm is adequate for the basics - double/queen size bed, small table and chairs, TV/media centre, cabinet, refrigerator. Really all you need if you are a bachelor and out most of the time, obviously a bigger cut would be better and anyone would chose that for the same price. I think ideal size would be 30-40 sqm range.

^^ i own a 22.5sqm studio (for rental) and i would say it's sized okay. enough for a single tenant, or maybe a couple at the most.

^^ why are you all talking about fit-outs? isnt this finished upon turn-over? all MW projects are finished and/or fully-furnished upon TO. im confused.

The size is alright depending on your purpose. For rental income i think 22 sqm is alright. Although there is a market for a 60 sqm 1 Bedroom unit, i think a bigger portion of the population can afford more conveniently the 22 sqm unit.

With all due respect, different developers are selling studio units between 21-23 sqm(smdc, filinvest, city land, avida etc..) so this project's 22sqm is quite normal.. actually, in business point of view.. this is more desirable since the tcp is lower than the bigger cut units and it is easier to find tenants for smaller units.

I don't know about you, but from my experience, the renters are always looking for the larger units, specially in this area.

At the end of the day, it really depends on the needs of the investors.. what might not be suitable to you might be gold in the point of view of others. It might not look studio to you, but it is a studio unit for the rest of us.. you can't just impose your own definition on a merit that you own several properties. Ang Social Climber ng dating eh. Sorry ha. :)


Look, I'm not imposing anything, just relating my experiencea and calling out developers. I think that's what is great about this forum, everyone has an opinion. I don't know if you are an agent, but you cannot honestly say 22 sqm is studio. At these dimensions, you are not too far away from sleeping next to your toilet. :lol: I think it's a marketing ploy to maximize profits, and if that's what the investors fall for then fine, but you can't fool everyone and call 22sqm a studio. I bet you right now, in the boardroom meetings, this is what's going on, they know they're fooling the public on this marketing. I know that business is business, but someone has to call out the developers on this one.

Just think, someone will spend their hard earn money on this and won't realize until they spend a week in this unit that they made a huge mistake.

Look, I'm not imposing anything, just relating my experiencea and calling out developers. I think that's what is great about this forum, everyone has an opinion. I don't know if you are an agent, but you cannot honestly say 22 sqm is studio. At these dimensions, you are not too far away from sleeping next to your toilet. :lol: I think it's a marketing ploy to maximize profits, and if that's what the investors fall for then fine, but you can't fool everyone and call 22sqm a studio. I bet you right now, in the boardroom meetings, this is what's going on, they know they're fooling the public on this marketing. I know that business is business, but someone has to call out the developers on this one.

Just think, someone will spend their hard earn money on this and won't realize until they spend a week in this unit that they made a huge mistake.

What do you call it then? From what i know studio unit is not defined by the size of the unit. Its just that room, living room, kitchen are all in 1 room..

You are right. We all have a choice. Buyers have a choice if they want a smaller cut or bigger units. At the end of the day, there are units at this size because theres a market.

You are correct robluat, a studio is a apartment where the bedroom, living room and kitchen are all in one room... it has nothing to do with the floor area.

The developers are not fooling anyone, they clearly state the size of the studio. If there was no demand they would not make them that size.

we are just exchanging opinions here in this forum...no one's right or wrong...

my take on this, as long as the buyer was not deceived in anyway by the builder with regards to size, and he/she is aware of the floor area...and still goes ahead with the purchase...then I say Congratulations and Goodluck to the buyer.....

Buyers have to do their research...there's a saying in real estate 'Caveat Emptor'...meaning 'Let the Buyer Beware'.....

I'm done arguing in this thread.. it's obvious naman nagyayabang lang yan. Delusional, nakalimutan ata na sa mahirap na bansa siya nakatira at hindi lahat afford ang bigger cut units na "pinapangarap" niya.

Oh well, what do you expect from someone who calls himself "Mr. Trump" LOL

People rent 20 sq meter studios in Paris, then it is doable in Makati and elsewhere.

Anyway, Paseo Heights is a good project i think. Would the view facing Salcedo PArk be fine?

People rent 20 sq meter studios in Paris, then it is doable in Makati and elsewhere.

Anyway, Paseo Heights is a good project i think. Would the view facing Salcedo PArk be fine?

Yup! The ones facing the park will have the best view.

Yup! The ones facing the park will have the best view.

Will the units on the 7th floor be high enough to afford a view of the park?

Will the units on the 7th floor be high enough to afford a view of the park?

Yes it is

Yes it is

Thanks for enlightening me. I have taken the plunge for a unit on the 7th floor.

Thanks for enlightening me. I have taken the plunge for a unit on the 7th floor.

2 Units left on the 7th floor :)

I'm done arguing in this thread.. it's obvious naman nagyayabang lang yan. Delusional, nakalimutan ata na sa mahirap na bansa siya nakatira at hindi lahat afford ang bigger cut units na "pinapangarap" niya.

Oh well, what do you expect from someone who calls himself "Mr. Trump" LOL

Nice try buddy:lol:, but it's not gonna work resorting to name calling. It's obvious you can't accept differences in opinion, just look at your post, attacking me personally, calling me delusional:ohno:
Yes, there are varying sizes but, just look, it's been cut almost in half for a typcial MW studio at 22sqm and they're still asking for 2.7mil furnished. Buyers will actually pay more and get less, and I'm incuding all developers who are selling 22sqm studios at these prices. That's the real problem here.

You're saying it's been design smaller so people can afford it, it's just opposite, it's actually more expensive at half the size.
Trust me on this one.That's why I'm adamant about the square footage. You're saying that life is hard there and people can't afford a higher square footage. Exactly, I agree with you, that's exactly why I'm saying this is not a studio by MW standards and not a good deal for buyers. The developers made a killing on this one, making it look like that it's cheap and affordable, but it's really not because they're selling the buyers short for what they're paying. But, hey if people are ill informed and are willing to shell out all their hard earn money for a walk in closet than fine, it's their choice.
You make it sound like the developers are doing the Filipino buyers a favor by creating these smaller units, that's a laugh:lol: Are you kidding me, it's all about profits, business is business, you know who's delusional is you.... buddy.


So, don't mock me just cause I disagree with you. And don't mock me cause I didn't fall for the marketing ploy.:ohno:

^^Bravo! :applause:

Nice try buddy:lol:, but it's not gonna work resorting to name calling. It's obvious you can't accept differences in opinion, just look at your post, attacking me personally, calling me delusional:ohno:
Yes, there are varying sizes but, just look, it's been cut almost in half for a typcial MW studio at 22sqm and they're still asking for 2.7mil furnished. Buyers will actually pay more and get less, and I'm incuding all developers who are selling 22sqm studios at these prices. That's the real problem here.

You're saying it's been design smaller so people can afford it, it's just opposite, it's actually more expensive at half the size.
Trust me on this one.That's why I'm adamant about the square footage. You're saying that life is hard there and people can't afford a higher square footage. Exactly, I agree with you, that's exactly why I'm saying this is not a studio by MW standards and not a good deal for buyers. The developers made a killing on this one, making it look like that it's cheap and affordable, but it's really not because they're selling the buyers short for what they're paying. But, hey if people are ill informed and are willing to shell out all their hard earn money for a walk in closet than fine, it's their choice.
You make it sound like the developers are doing the Filipino buyers a favor by creating these smaller units, that's a laugh:lol: Are you kidding me, it's all about profits, business is business, you know who's delusional is you.... buddy.


So, don't mock me just cause I disagree with you. And don't mock me cause I didn't fall for the marketing ploy.:ohno:

ditto. I, too, think developers are squeezing every last drop of penny from buyers nowadays. It's beginning to seem iniquitous even.

Nice try buddy:lol:, but it's not gonna work resorting to name calling. It's obvious you can't accept differences in opinion, just look at your post, attacking me personally, calling me delusional:ohno:
Yes, there are varying sizes but, just look, it's been cut almost in half for a typcial MW studio at 22sqm and they're still asking for 2.7mil furnished. Buyers will actually pay more and get less, and I'm incuding all developers who are selling 22sqm studios at these prices. That's the real problem here.

You're saying it's been design smaller so people can afford it, it's just opposite, it's actually more expensive at half the size.
Trust me on this one.That's why I'm adamant about the square footage. You're saying that life is hard there and people can't afford a higher square footage. Exactly, I agree with you, that's exactly why I'm saying this is not a studio by MW standards and not a good deal for buyers. The developers made a killing on this one, making it look like that it's cheap and affordable, but it's really not because they're selling the buyers short for what they're paying. But, hey if people are ill informed and are willing to shell out all their hard earn money for a walk in closet than fine, it's their choice.
You make it sound like the developers are doing the Filipino buyers a favor by creating these smaller units, that's a laugh:lol: Are you kidding me, it's all about profits, business is business, you know who's delusional is you.... buddy.


So, don't mock me just cause I disagree with you. And don't mock me cause I didn't fall for the marketing ploy.:ohno:


"everyone is entitled to their own opinion but not their own facts"


You don't want a small studio units? then fine.. badmouth them, don't buy them.. but you can't impose or argue that because you find it too small it's not called a studio unit anymore.


Ang dami dami nagsasabi sa taas oh... the term studio unit is NOT related to the size of the unit... ba't hindi mo matanggap? kung hindi mo matanggap ang "FACT" na yan.. delusional ka talaga. :lol:

^^ Condo units are priced per square metre though so if it was twice the size it would be twice the price.. if you think the price/sqm is too high buy somewhere else, there are so many choices these days. There are a lot of good deals to be had in the resale market.

Also a 22 sqm studio is nothing new there are many older condo/condotels with this size unit.

the argument with the so-called "mr. trump" is not even about how the developers are making a profit... everyone knows they're making a HUGE profit out of every projects.. no one will argue about it

the debate is about the definition of a studio unit because he insist that just because a 22sqm is too small... it's not a studio anymore

and his basis? not some definition that one can be found in a dictionary or some reliable source .. his only basis for his argument is that he owns maraming unit... WTF dba? LOL!!!


I disagree. I OWN SEVERAL PROPERTIES, one of which was a fairly recent purchase of a studio at 37sqm in Salcedo Village. So, I think I can vouch for what I'm saying. At 22sqm, yes you can sleep in it if that is what you are after. Arguably, it no longer qualifies as a studio but bed space. I guess if what you're after is more or less bedspace in a nice area, then fine, but to call it a studio is a stretch at 22sqm.

the argument with the so-called "mr. trump" is not even about how the developers are making a profit... everyone knows they're making a HUGE profit out of every projects.. no one will argue about it

the debate is about the definition of a studio unit because he insist that just because a 22sqm is too small... it's not a studio anymore

and his basis? not some definition that one can be found in a dictionary or some reliable source .. his only basis for his argument is that he owns maraming unit... WTF dba? LOL!!!

Yes we have both informed him what the definition of a studio is (several times). Think its best to ignore him now :lol:

2 Units left on the 7th floor :)

I believe there is only 1 left.

Thanks for enlightening me. I have taken the plunge for a unit on the 7th floor.

You are truly rich man... 2nd property for the week!

Is this project more across the far side of Makati Sports Club than Salcedo Park? If so, what would be the view of say, a unit in the 26 or 27 floor "facing" Leviste?

Thanks!

Nice try buddy:lol:, but it's not gonna work resorting to name calling. It's obvious you can't accept differences in opinion, just look at your post, attacking me personally, calling me delusional:ohno:
Yes, there are varying sizes but, just look, it's been cut almost in half for a typcial MW studio at 22sqm and they're still asking for 2.7mil furnished. Buyers will actually pay more and get less, and I'm incuding all developers who are selling 22sqm studios at these prices. That's the real problem here.

You're saying it's been design smaller so people can afford it, it's just opposite, it's actually more expensive at half the size.
Trust me on this one.That's why I'm adamant about the square footage. You're saying that life is hard there and people can't afford a higher square footage. Exactly, I agree with you, that's exactly why I'm saying this is not a studio by MW standards and not a good deal for buyers. The developers made a killing on this one, making it look like that it's cheap and affordable, but it's really not because they're selling the buyers short for what they're paying. But, hey if people are ill informed and are willing to shell out all their hard earn money for a walk in closet than fine, it's their choice.
You make it sound like the developers are doing the Filipino buyers a favor by creating these smaller units, that's a laugh:lol: Are you kidding me, it's all about profits, business is business, you know who's delusional is you.... buddy.

So, don't mock me just cause I disagree with you. And don't mock me cause I didn't fall for the marketing ploy.:ohno:

I don't get your point. How can a smaller unit be more expensive?! You pay per sqm the bigger then more expensive. What do you mean by "You're saying it's been design smaller so people can afford it, it's just opposite, it's actually more expensive at half the size."

You are truly rich man... 2nd property for the week!

It's on 12,000 a month. You don't need to be rich to afford this.

I believe there is only 1 left.

Yes. 1 Prime unit left on the 7th floor

It's on 12,000 a month. You don't need to be rich to afford this.

I don't know the particular pricing structure of this specific development / option that you are on but it's not the 12,000 per month that would be concerning. Rather, it would be the financing of the remaining balance at turnover which can be considerable in many cases (for example, LTV of 80%).



Without trying to derail the thread by continuing the discussion on size of a studio. It's bizarre to suggest that a 22 sqm space with the requisite facilities should notbe considered a studio. Across the world, smaller metropolitan areas where space is at a premium and the population is large, have similar sized studios and smaller.

The key issue, if I were a buyer, would be whether the building has the infrastructure to cope with the footprint arising from high occupancy (i.e. sufficient number of lifts, amenities, garbage disposal etc).

From my experience I learned that sellable projects will have a downpayment of minimum 40%. And this project is such. The balance 60% is manageable if you get them at a good price. To pay less than 2 million at the end of the day to get the keys that yield you a return of 30k a month is a good return on your investment. A 30 sqm unit doesn't fit as a home for a family so the factors that you have mentioned are not material to those who buy as an investment. Investors look for 3 main things - location, location and location.
I don't know the particular pricing structure of this specific development / option that you are on but it's not the 12,000 per month that would be concerning. Rather, it would be the financing of the remaining balance at turnover which can be considerable in many cases (for example, LTV of 80%).



Without trying to derail the thread by continuing the discussion on size of a studio. It's bizarre to suggest that a 22 sqm space with the requisite facilities should notbe considered a studio. Across the world, smaller metropolitan areas where space is at a premium and the population is large, have similar sized studios and smaller.

The key issue, if I were a buyer, would be whether the building has the infrastructure to cope with the footprint arising from high occupancy (i.e. sufficient number of lifts, amenities, garbage disposal etc).

In fact I am considering taking up the last prime unit on the 7th floor.

Bro,

what is the retail price for this now? Not really comfortable buying from Megaworld yet.

Bro,

what is the retail price for this now? Not really comfortable buying from Megaworld yet.

For the 30 sqm studio unit its around 3.6 - 4M including fit outs. Why not?! =D

From my experience I learned that sellable projects will have a downpayment of minimum 40%. And this project is such. The balance 60% is manageable if you get them at a good price. To pay less than 2 million at the end of the day to get the keys that yield you a return of 30k a month is a good return on your investment. A 30 sqm unit doesn't fit as a home for a family so the factors that you have mentioned are not material to those who buy as an investment. Investors look for 3 main things - location, location and location.

That's an optimistic assumption; provided it can be rented out at 30k. A couple of years ago, ROI is aproximately 10%. Currently, it has nose-dived to about 7%. Considering the fact that a lot of soon-to-be completed condo developments are coming on-stream; this will exert downward pressure on rental returns. The vacancy rates across metro Manila are on the rise. Lots of owners in MW developments scattered all over Legaspi Village are desperately looking for tenants. Besides, MW developments have typically luxurious, nice-looking lobbies but poor or mediocre finishing in individual units; although in more recent developments there seems to be an improvement in terms of quality due to "intensifying competition".

In fact I am considering taking up the last prime unit on the 7th floor.

Go for it! =D



Anyways i believe Paseo Heights will be a good investment considering other condo projects that will rise in Makati. Its all because of location. Salcedo Village fronting the park will always be considered Prime location. With all the offices in Salcedo and nearby areas, renters will always be there. Makati is makati. Its still the biggest CBD.

That's an optimistic assumption; provided it can be rented out at 30k. A couple of years ago, ROI is aproximately 10%. Currently, it has nose-dived to about 7%. Considering the fact that a lot of soon-to-be completed condo developments are coming on-stream; this will exert downward pressure on rental returns. The vacancy rates across metro Manila are on the rise. Lots of owners in MW developments scattered all over Legaspi Village are desperately looking for tenants. Besides, MW developments have typically luxurious, nice-looking lobbies but poor or mediocre finishing in individual units; although in more recent developments there seems to be an improvement in terms of quality due to "intensifying competition".

That's why I said location is important. Maybe your investment in Taguig and Batangas did not go as you have expected. But you need not have to take such a pessimistic view and generalized everything. Unlike BGc and Taguig there aren't many new projects in the centre of Makati CBD.

Bro,

what is the retail price for this now? Not really comfortable buying from Megaworld yet.

Nice you see you in this forum, bro. What have you decided on?

Go for it! =D



Anyways i believe Paseo Heights will be a good investment considering other condo projects that will rise in Makati. Its all because of location. Salcedo Village fronting the park will always be considered Prime location. With all the offices in Salcedo and nearby areas, renters will always be there. Makati is makati. Its still the biggest CBD.

My Singaporean friend living in Salcedo Village thinks this is a good investment. His company is currently renting a 1 BR for him in Salcedo Village for 35k per month. He told me that carparking charges here is going to go up. That's why I intend to also invest in a car park slot.

My Singaporean friend living in Salcedo Village thinks this is a good investment. His company is currently renting a 1 BR for him in Salcedo Village for 35k per month. He told me that carparking charges here is going to go up. That's why I intend to also invest in a car park slot.

Yes, parking is one of the best investments in Makati since there are sooo many people working there.

They even charge street parking. Although you can only park for a maximum of 3 hours.

Nice you see you in this forum, bro. What have you decided on?

THank to you, I have also join the forum!! I just PM you in another forum what I am getting. The location I think is good and with my young child on the way, it is a prestige district within Makati and good schools around for him/her (don't know the gender yet) to study in future. Pretty safe compare to other parts of Metro Manila too.

I hope my decision is right.

Yes, parking is one of the best investments in Makati since there are sooo many people working there.

They even charge street parking. Although you can only park for a maximum of 3 hours.

Care to share what is the average rental per month for Carpark? I have carpark for sale at 895k man. I think it is pretty steep and the agent quote 4k peso per mth for the carpark.

Yes, parking is one of the best investments in Makati since there are sooo many people working there.

They even charge street parking. Although you can only park for a maximum of 3 hours.

I took 2 carpark at Signa. Wanted more. But that was all they could offer me.

THank to you, I have also join the forum!! I just PM you in another forum what I am getting. The location I think is good and with my young child on the way, it is a prestige district within Makati and good schools around for him/her (don't know the gender yet) to study in future. Pretty safe compare to other parts of Metro Manila too.

I hope my decision is right.

A good buy. Congrats.

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash3/524643_399529516731803_377281135623308_1548422_1078286563_n.jpg

From Paseo Heights FB Page (http://www.facebook.com/pages/Paseo-Heights-Makati/377281135623308)

^^Fantastic location!!!!

Yes. Smack right in the heart of Makati CBD. I like this.

Care to share what is the average rental per month for Carpark? I have carpark for sale at 895k man. I think it is pretty steep and the agent quote 4k peso per mth for the carpark.

Get the carpark. I won't be surprised if carpark charges are raised to 7k per month. When I took 2 units at Signa I asked for 5 slots but they gave me only 2. They told me that's the best they can do.

Get the carpark. I won't be surprised if carpark charges are raised to 7k per month. When I took 2 units at Signa I asked for 5 slots but they gave me only 2. They told me that's the best they can do.

If I get the carpark, I will not be able to invest in another studio unit. ...Cash very tight. hehe

If I get the carpark, I will not be able to invest in another studio unit. ...Cash very tight. hehe

May be easier to rent out the car park alot than the studio. The ROI may be better. There is an acute shortage of carparks in Makati CBD. With impending clearing off of carparks for new projects this situation is go to worsen.

May be easier to rent out the car park alot than the studio. The ROI may be better. There is an acute shortage of carparks in Makati CBD. With impending clearing off of carparks for new projects this situation is go to worsen.

Thank bro for the advise. Let me consider the option available.

Yes. Smack right in the heart of Makati CBD. I like this.

The map is misleading. The heart of Makati CBD is probably somewhere in Legaspi Village, sandwiched in between Ayala Center and Salcedo Village. The recently launched Kroma Tower by Alveo has a better location, with pedestrian walkway linking it to Ayala Center and 20 metres away from Ayala Ave. Anywhere within the CBD is within a 10 min stroll from Kroma Tower.

The map is misleading. The heart of Makati CBD is probably somewhere in Legaspi Village, sandwiched in between Ayala Center and Salcedo Village. The recently launched Kroma Tower by Alveo has a better location, with pedestrian walkway linking it to Ayala Center and 20 metres away from Ayala Ave. Anywhere within the CBD is within a 10 min stroll from Kroma Tower.

The map is just right. This is where Paseo Heights is located. Anyways is the area of Kroma Tower still Salcedo Village? not that much familiar but its kinda far already from the location of Paseo Heights.

May be easier to rent out the car park alot than the studio. The ROI may be better. There is an acute shortage of carparks in Makati CBD. With impending clearing off of carparks for new projects this situation is go to worsen.

Agree with you. Most carparks in Makati are actually owned by developers. In time these will be offices/residential buildings.

I'm renting a 2 Bedroom unit in Salcedo Village. The unit only comes with 1 parking. I'm willing to rent a slot but sadly i can't find any. Very limited parking slots at my building. I have to find parking everyday at the side streets.

Care to share what is the average rental per month for Carpark? I have carpark for sale at 895k man. I think it is pretty steep and the agent quote 4k peso per mth for the carpark.

I'm not sure about the monthly but for the daily parking rates it's 45 pesos for first 4 hours and then 15 pesos for every succeeding hour.


The map is misleading. The heart of Makati CBD is probably somewhere in Legaspi Village, sandwiched in between Ayala Center and Salcedo Village. The recently launched Kroma Tower by Alveo has a better location, with pedestrian walkway linking it to Ayala Center and 20 metres away from Ayala Ave. Anywhere within the CBD is within a 10 min stroll from Kroma Tower.

We say that it's the heart of Makati because it is in the center of the 4 main access roads in Makati which is Ayala Ave, Makati Ave, Sen Gil Puyat Ave and Paseo De Roxas

^^It would be more appropriate to claim that it's in the heart of Salcedo Village. The Makati CBD is bounded by 4 main roads, namely: EDSA (east), Senator Gil Puyat Avenue or Buendia (north), Pasong Tamo or Chino Roces (west), and Antonio Arnaiz Avenue or Pasay Road (south).

Heart of Makati CBD or Salcedo village, the point is....the location is perfect especially if you are familiar with the area.

The map is misleading. The heart of Makati CBD is probably somewhere in Legaspi Village, sandwiched in between Ayala Center and Salcedo Village. The recently launched Kroma Tower by Alveo has a better location, with pedestrian walkway linking it to Ayala Center and 20 metres away from Ayala Ave. Anywhere within the CBD is within a 10 min stroll from Kroma Tower.

Krona Tower is actually nearer to Makati Medical Center than Ayala Center. It is actually at the fringe of Makati CBD. Land there can be easily converted and they are definitely cheaper than the land in Salcedo. Kroner Tower costs 20% more than Paseo Heights. They are selling fast because of the brand. I have dealt with Ayala before when I bought a unit at Serendra from them. I now tell myself that I will never buy from them again.

Without trying to derail the thread by continuing the discussion on size of a studio. It's bizarre to suggest that a 22 sqm space with the requisite facilities should notbe considered a studio. Across the world, smaller metropolitan areas where space is at a premium and the population is large, have similar sized studios and smaller.

The key issue, if I were a buyer, would be whether the building has the infrastructure to cope with the footprint arising from high occupancy (i.e. sufficient number of lifts, amenities, garbage disposal etc).

From my experience I learned that sellable projects will have a downpayment of minimum 40%. And this project is such. The balance 60% is manageable if you get them at a good price. To pay less than 2 million at the end of the day to get the keys that yield you a return of 30k a month is a good return on your investment. A 30 sqm unit doesn't fit as a home for a family so the factors that you have mentioned are not material to those who buy as an investment. Investors look for 3 main things - location, location and location.

The factors I have mentioned are very material to real estate investors since they impact on long-term yields and also can very significantly impact upon capital depreciation in condo buildings.

As for a balance of 60% being manageable ..... it all depends on the interest rate being charged and, of course, having the cash to ensure you can hold out without difficulty during times when units are unlet.

Hi, would you have price quote for studio unit facing east, not near elevator? thank you

Hi, would you have price quote for studio unit facing east, not near elevator? thank you

Yes, I have a price quote :). I 'PMed you about this.

Heart of Makati CBD or Salcedo village, the point is....the location is perfect especially if you are familiar with the area.

Absolutely correct. And there's not much vacant lots anymore in Salcedo Village.

Absolutely correct. And there's not much vacant lots anymore in Salcedo Village.

Precisely. That's why I took the plunge. At the end of the day it's about location. You can't carved land from the core but you can extend from the fringe.

There is no need for vacant lots. Older buildings would be demolished to make way for taller and denser developments. Eton Greenbelt Residences used to be PAL Building.

There is no need for vacant lots. Older buildings would be demolished to make way for taller and denser developments. Eton Greenbelt Residences used to be PAL Building.

The developers would have to buy from the owners and then demolished. Wouldn't that add to their costs? Would they absorb this or pass the costs to the new purchasers?

^^Not really. It could be a JV where both parties benefit; win-win situation. Besides, a 10-story building could be demolished to build a 40-story tower with huge margin in a good location. Land cost and demolition cost become less of a factor in terms of total costs.

^^Not really. It could be a JV where both parties benefit; win-win situation. Besides, a 10-story building could be demolished to build a 40-story tower with huge margin in a good location. Land cost and demolition cost become less of a factor in terms of total costs.

Anything is possible. But is it happening?

^^Of course. When prime land becomes extremely scarce and high land prices justify redevelopments just like the "en-bloc" sale in your country. An old and poorly maintained building would imply very low rental yields or returns for it's owners anyway.

^^Not really. It could be a JV where both parties benefit; win-win situation. Besides, a 10-story building could be demolished to build a 40-story tower with huge margin in a good location. Land cost and demolition cost become less of a factor in terms of total costs.

This could happen in dream land. LOL :lol:

Yes it can happen. But what are the chances?! The ratios where both parties would agree?!

If i own a building in Salcedo Village would i even consider demolishing and having joint venture? hmmmm... If i have a commercial building even how old it is i will definitely have tenants. No need for JV to earn. For the old condos, if its perpetual ownership, you cannot just do that.

^^There is certainly a minority who are irrational. But it makes economic sense to redevelop buildings especially if they are structurally unsound with low returns. Redevelopment is already taking place within Ayala Center, and in the near future other areas in the CBD.

^^Of course. When prime land becomes extremely scarce and high land prices justify redevelopments just like the "en-bloc" sale in your country. An old and poorly maintained building would imply very low rental yields or returns for it's owners anyway.

Yes. It's happening in my country. But the owners of such units are asking very high prices before they agree to the acquisition. If the area is prime the Developers may pay the high prices and then put their expense in the new projects and sell them at higher prices to the buyer. That is why I am buying into this project because when the time comes for re-development the units would have appreciated considerably. That's why I say that location is important. The project may look nice and may have very good amenities but it is worthless if there are vast surrounding land that can be EASILY converted. This project is only going at less than 100k pet sqm. If the developers has to buy out owners and demolish they can't be selling at this price.

Yes. It's happening in my country. But the owners of such units are asking very high prices before they agree to the acquisition. If the area is prime the Developers may pay the high prices and then put their expense in the new projects and sell them at higher prices to the buyer. That is why I am buying into this project because when the time comes for re-development the units would have appreciated considerably. That's why I say that location is important. The project may look nice and may have very good amenities but it is worthless if there are vast surrounding land that can be EASILY converted. This project is only going at less than 100k pet sqm. If the developers has to buy out owners and demolish they can't be selling at this price.

Bro less than 100/sqm is exclude the fit out price of 700k+ is it?

Bro less than 100/sqm is exclude the fit out price of 700k+ is it?

Yes.

Yes.

Guess we be neighbour soon. =p

Guess we be neighbour soon. =p

Did you buy here as well? Anyway, I won't be staying here. It's only purely for investment. I like the view of Manila Bay and I can imagine how beautiful it will be when the Entertainment City is built. I am also looking for a home by the sea.

Did you buy here as well? Anyway, I won't be staying here. It's only purely for investment. I like the view of Manila Bay and I can imagine how beautiful it will be when the Entertainment City is built. I am also looking for a home by the sea.

Thinking of buying for investment purpose also. Planning to get this as my 2nd investment in Makati. My future home is to be in Bonifacio..but I plan to get it in 2014 or later.

Thinking of buying for investment purpose also. Planning to get this as my 2nd investment in Makati. My future home is to be in Bonifacio..but I plan to get it in 2014 or later.

Should you want to be neighbors the unit beside him is still available! Although i know both of you will use it for investment. :) :)

Should you want to be neighbors the unit beside him is still available! Although i know both of you will use it for investment. :) :)

That's a good unit. I thought it would have been taken up by now. Is this cheaper than the one I took?

That's a good unit. I thought it would have been taken up by now. Is this cheaper than the one I took?

I was told by my Megaworld agent that all 3 units on the 7th floor being taken up. I just reserved one unit on the 8th floor though.

That's a good unit. I thought it would have been taken up by now. Is this cheaper than the one I took?

Nope. Its just the same price. Same size as well :)

I was told by my Megaworld agent that all 3 units on the 7th floor being taken up. I just reserved one unit on the 8th floor though.

There's still one unit of the 7th floor facing the Salcedo Park :)

I was told by my Megaworld agent that all 3 units on the 7th floor being taken up. I just reserved one unit on the 8th floor though.

Congrats on your latest investment! :)

There's still one unit of the 7th floor facing the Salcedo Park :)

You mean the bigger unit or the 30sqm one?

Congrats on your latest investment! :)

Thanks, this is the first time I be investing in property in Philippines. I hope I make a right choice which I won't regret man.

You mean the bigger unit or the 30sqm one?

The available is 30 sqm unit :)

[QUOTE="manilaboy2007"]

You've invested in an excellent location, im sure investment will pay off once project is completed :)

The available is 30 sqm unit :)

I was told it was sold...basket. If not I will get the 7th floor. Oh well.

I was told it was sold...basket. If not I will get the 7th floor. Oh well.

That's alright. There's just small price difference from 7th - 8th floor ;)

Thanks, this is the first time I be investing in property in Philippines. I hope I make a right choice which I won't regret man.

Yes, congrats on your new investment!
As Robluat said, you invested in a very prime location in the Philippines. If you have questions about the location and project feel free to post it here and we'll do our best to answer them :)

Understand that the carpark is not open for sale. What will be the price for a slot like?

I was told by my Megaworld agent that all 3 units on the 7th floor being taken up. I just reserved one unit on the 8th floor though.

There are only 4 units on the amenity floor. They are likely to be snapped up quickly. Anyway, congrats on your first purchase. Will try to meet you sometime.

There are only 4 units on the amenity floor. They are likely to be snapped up quickly. Anyway, congrats on your first purchase. Will try to meet you sometime.

I will say you influence me to buy a unit there. Never been to Salceldo village in my life yet. lol

Understand that the carpark is not open for sale. What will be the price for a slot like?

Parking prices is around +/- 700,000 php per slot

Parking prices is around +/- 700,000 php per slot

That is a good price to begin with. When will it be open up for sale?

I will say you influence me to buy a unit there. Never been to Salceldo village in my life yet. lol

I am also taking a risk here. I have actually took 2 units at Signa Designer from RLC in Salcedo Village. I like the location. Paseo Heights is nearby and it's cheaper. Anyway, Ayala had been commissioned to develop Ayala Avenue. One of the things thats supposed to happen is to have a track for the train to ply along Ayala Avenue. This would certainly enhance the value of properties situate near Ayala Avenue.

I am also taking a risk here. I have actually took 2 units at Signa Designer from RLC in Salcedo Village. I like the location. Paseo Heights is nearby and it's cheaper. Anyway, Ayala had been commissioned to develop Ayala Avenue. One of the things thats supposed to happen is to have a track for the train to ply along Ayala Avenue. This would certainly enhance the value of properties situate near Ayala Avenue.

That be great!! Will it be LRT like TAFT there? Good call on Signa. I don't have the budget for RLC project. I am eyeing their Shappire in Ortigas but walang pera na.

I am also taking a risk here. I have actually took 2 units at Signa Designer from RLC in Salcedo Village. I like the location. Paseo Heights is nearby and it's cheaper. Anyway, Ayala had been commissioned to develop Ayala Avenue. One of the things thats supposed to happen is to have a track for the train to ply along Ayala Avenue. This would certainly enhance the value of properties situate near Ayala Avenue.

WOW huanggua! it seems like you bought half the Philippines.:) How many units did you purchase? Its seems like your on your way to be a property mogul like Donald Trump. Congrats on your purchases. :cheers:

That is a good price to begin with. When will it be open up for sale?

No advise yet.
Will let you know if it opens up for sale :D

I am also taking a risk here. I have actually took 2 units at Signa Designer from RLC in Salcedo Village. I like the location. Paseo Heights is nearby and it's cheaper. Anyway, Ayala had been commissioned to develop Ayala Avenue. One of the things thats supposed to happen is to have a track for the train to ply along Ayala Avenue. This would certainly enhance the value of properties situate near Ayala Avenue.

I'm just curious, how much are the units in Signa? Are they furnished as well?

I'm just curious, how much are the units in Signa? Are they furnished as well?

Signa costs a little more if you take away the fitting costs from the TCP of Paseo. But the units are bigger and RLC is a good developer.

WOW huanggua! it seems like you bought half the Philippines.:) How many units did you purchase? Its seems like your on your way to be a property mogul like Donald Trump. Congrats on your purchases. :cheers:

I only have a few units. There are many out there who have invested heavily. Surely you've heard of how one particular Japanese invested in the Lerato. He is not alone. My purchases is but a drop in the ocean compared with these investors.

I only have a few units. There are many out there who have invested heavily. Surely you've heard of how one particular Japanese invested in the Lerato. He is not alone. My purchases is but a drop in the ocean compared with these investors.

I’m curious, and pardon my curiosity and you are not obligated to answer if you don’t want to, but I’ll be grateful if you do. Maybe I’ll have to rethink our property portfolio.

When your reserved condo properties have been turned over to you few years down the road, do you plan to move back to the Philippines? If not, how do you intend to manage your rental condos from abroad?

We have a few condos in Canada, and one reserved condo (pre-selling with a possession date in 2 years) in the Philippines (BGC) that we intend to use for vacation and eventual retirement. Eventually, we will be liquidating our property portfolio in Canada, and thought of the ramifications of transferring the proceed of sales to property investing in the Philippines. I haven’t made up my mind regarding this matter, but at the moment, I am not leaning on it. We never had a problem of renting them out. None of the units have ever been unoccupied at any time since we bought them mainly because they are in downtown in major cities, plus the rental income is sufficient enough to pay for the expenses (mortgages, condo fees, taxes, et al, and have some leftover for a small income). So why rock the boat, I thought? Another reason is that I am not willing to own a rental property that I could not personally manage hands-on, after all I don’t live in the Philippines yet, now or for the next few years, and as long as I cannot cross this handicap, I don’t think I’ll ever do it.

So, how do you plan on managing your rentals?

Firstly, I am not a Filipino. Secondly, I am self-employed. I have people working for me and I need not be physically present in Singapore. I also have a very trusted friend in the Philippines who will help me. Anyway, When the need arise I will just be flying over to Manila every month to collect rentals, if required since I am not too far away. In the worst scenario you can engage the services of a property manager. His fees ia about 6% of your rentals. Its actually a lot easier. He will screened those all your tenants, negotiate on your behalf and also be your witness in court.

I’m curious, and pardon my curiosity and you are not obligated to answer if you don’t want to, but I’ll be grateful if you do. Maybe I’ll have to rethink our property portfolio.

When your reserved condo properties have been turned over to you few years down the road, do you plan to move back to the Philippines? If not, how do you intend to manage your rental condos from abroad?

We have a few condos in Canada, and one reserved condo (pre-selling with a possession date in 2 years) in the Philippines (BGC) that we intend to use for vacation and eventual retirement. Eventually, we will be liquidating our property portfolio in Canada, and thought of the ramifications of transferring the proceed of sales to property investing in the Philippines. I haven’t made up my mind regarding this matter, but at the moment, I am not leaning on it. We never had a problem of renting them out. None of the units have ever been unoccupied at any time since we bought them mainly because they are in downtown in major cities, plus the rental income is sufficient enough to pay for the expenses (mortgages, condo fees, taxes, et al, and have some leftover for a small income). So why rock the boat, I thought? Another reason is that I am not willing to own a rental property that I could not personally manage hands-on, after all I don’t live in the Philippines yet, now or for the next few years, and as long as I cannot cross this handicap, I don’t think I’ll ever do it.

So, how do you plan on managing your rentals?

Firstly, I am not a Filipino. Secondly, I am self-employed. I have people working for me and I need not be physically present in Singapore. I also have a very trusted friend in the Philippines who will help me. Anyway, When the need arise I will just be flying over to Manila every month to collect rentals, if required since I am not too far away. In the worst scenario you can engage the services of a property manager. His fees ia about 6% of your rentals. Its actually a lot easier. He will screened those all your tenants, negotiate on your behalf and also be your witness in court.

Yes true there are many reliable and competent property managers there that will ask only a small fee. So nothing to be worried about. In Eastwood many unit owners are chinese and American expats who don't live there and there are hundreads of property managers that take care of their condo's they just remit the rent money to the owners account overseas. Minus their commision, cleaning fees, maintanece etc. of course

Firstly, I am not a Filipino. Secondly, I am self-employed. I have people working for me and I need not be physically present in Singapore. I also have a very trusted friend in the Philippines who will help me. Anyway, When the need arise I will just be flying over to Manila every month to collect rentals, if required since I am not too far away. In the worst scenario you can engage the services of a property manager. His fees ia about 6% of your rentals. Its actually a lot easier. He will screened those all your tenants, negotiate on your behalf and also be your witness in court.
Yes true there are many reliable and competent property managers there that will ask only a small fee. So nothing to be worried about. In Eastwood many unit owners are chinese and American expats who don't live there and there are hundreads of property managers that take care of their condo's they just remit the rent money to the owners account overseas. Minus their commision, cleaning fees, maintanece etc. of course
Thanks for the info that there are property managers I can hire. I’ll keep that in mind just in case. Property investing in the Philippines for rental purposes is not for me at this time. I’m lucky to have had better choices where to invest though, and get a higher ROI. We did it closer to home, and managed to produce better return, that I think could not be matched in the Philippines, primarily in the area of occupancy and rental income. All our rental units are always occupied, and rental income has been pretty good. The increase in value also looks promising, although it is not reality until we sell them; but that is primarily because of timing, as we purchased most of our rental units while prices were still low a few years ago. Still, I’m passionate on investing in the Philippines in other forms. We bought a pre-selling unit in BGC and some 1.6 hectare of land in Laguna that we might be able to turn into a resort someday, if all the stars are lined up favorably. For now, I’m content on leaving our portfolio where it is, and wait for an increase in property value before selling them. I have to say though, investing in real estate in the Philippines or anywhere else in the world is not a very good proposition in today’s economic environment, except if you plan to live in it and you are doing it for the long haul. So, good luck to all of you investors out there.

Are there no-vat units here? What are the payment terms?

Are there no-vat units here? What are the payment terms?

Hi! What do you mean by no-vat units? For the studio unit it's No Downpayment, 0% interest for 5 years for as low as 12k/mo.

Hi! What do you mean by no-vat units? For the studio unit it's No Downpayment, 0% interest for 5 years for as low as 12k/mo.

Are there units that are 3.2m or below?

Are there units that are 3.2m or below?

Yes, email sent :)

How is the sale for Paseo Height? Any idea when construction going to start? Is the show room ready?

Paseo Heights is doing good but expect more units to be sold faster when the showroom becomes ready. No advice yet on the start of construction. The actual site is fenced facing Salcedo Park but the last time i checked parking lot is still operational. I would assume, since turnover for Paseo is 2017, construction will start 2013. 4 years before turnover date :)

How many percent have been sold? Where and when is the show room be ready?

Paseo Heights is doing good but expect more units to be sold faster when the showroom becomes ready. No advice yet on the start of construction. The actual site is fenced facing Salcedo Park but the last time i checked parking lot is still operational. I would assume, since turnover for Paseo is 2017, construction will start 2013. 4 years before turnover date :)

How many percent have been sold? Where and when is the show room be ready?

Based on the availability 60% are still open but there are units that are on hold by MW. Sold units, just my estimate, is around 25%.

There's a showroom at the ground floor of Greenbelt Parkplace condominium located along C. Palanca Street near Greenbelt. Its actually existing but showcase other project in Makati. It can be used as a showroom for Paseo since they offer similar unit size. Other MW Makati projects also comes with fit outs.

This project looks interesting. If there is an agent in the thread can I ask for the pricing and sample computation for a 30 sq mtr unit? Pls just PM in to me. Thanks

This project looks interesting. If there is an agent in the thread can I ask for the pricing and sample computation for a 30 sq mtr unit? Pls just PM in to me. Thanks

PM Sent.

The sale kind of slow for a property in such a good prime location. Don't you think so? What sort of rent we can expect for 30sqm unit in 2017? heee

Based on the availability 60% are still open but there are units that are on hold by MW. Sold units, just my estimate, is around 25%.

There's a showroom at the ground floor of Greenbelt Parkplace condominium located along C. Palanca Street near Greenbelt. Its actually existing but showcase other project in Makati. It can be used as a showroom for Paseo since they offer similar unit size. Other MW Makati projects also comes with fit outs.

Well, i think the sale is pretty good given that there's no showroom yet and construction has not yet started. MW does not advertise its projects heavily. They rely on their sales agents to do this. I'm sure most people, those not in our forum, does not have any idea yet what's to rise in the actual site. There's no sign yet whatsoever. Its just with plain blue fence.

Expect sales to boost up significantly when showroom is ready and when they start construction. By then most probably the launching promo discount for Paseo will no longer be available :)

Regarding rental: For 30 sqm let's place it at 25-30k/month. Could definitely be higher. I'm staying at a more than 10 year old condo at Salcedo and i can say rental rates despite the age of building is not getting any lower. Aside from the rate of rent, the occupancy rate for this location is very high. There's no way or its unacceptable if you have a hard time renting out your unit. Its right in the center of Makati CBD. :D

So I assume buying a Parking lots will boost the appeal of the rental?
Did you buy a unit there for investment? hee

Well, i think the sale is pretty good given that there's no showroom yet and construction has not yet started. MW does not advertise its projects heavily. They rely on their sales agents to do this. I'm sure most people, those not in our forum, does not have any idea yet what's to rise in the actual site. There's no sign yet whatsoever. Its just with plain blue fence.

Expect sales to boost up significantly when showroom is ready and when they start construction. By then most probably the launching promo discount for Paseo will no longer be available :)

Regarding rental: For 30 sqm let's place it at 25-30k/month. Could definitely be higher. I'm staying at a more than 10 year old condo at Salcedo and i can say rental rates despite the age of building is not getting any lower. Aside from the rate of rent, the occupancy rate for this location is very high. There's no way or its unacceptable if you have a hard time renting out your unit. Its right in the center of Makati CBD. :D

So I assume buying a Parking lots will boost the appeal of the rental?
Did you buy a unit there for investment? hee

Nope i did not buy, i'm renting one here that's why i know how high the rental rates are :lol:

Yes. Parking slots is highly advised. There are shortage of parking slots in Salcedo Village and Makati CBD condos. Parking is very very scarce. You should definitely get atleast one.

This project looks interesting. If there is an agent in the thread can I ask for the pricing and sample computation for a 30 sq mtr unit? Pls just PM in to me. Thanks

This is a good project. The location is really good. I have taken 2 units here.

Nope i did not buy, i'm renting one here that's why i know how high the rental rates are :lol:

Yes. Parking slots is highly advised. There are shortage of parking slots in Salcedo Village and Makati CBD condos. Parking is very very scarce. You should definitely get atleast one.

How much are you paying for your rent and how big your unit? Just for information only coz seriously I never step in Salcedo before and I already bought a unit here. hee

I believe this is part of Makati Redevelopment Plan!

Amazing & Exciting!


Makati takes first step into becoming 1st 'wi-fi city'
By Mike Frialde Home Updated July 12, 2012 11:34 AM 0 comment to this post
MANILA, Philippines - The Makati City Hall became a free wi-fi “hotspot” Thursday as part of the city’s plan into becoming the country’s first “wi-fi city.”

Makati City Mayor Jejomar Erwin Binay said the transformation of the Makati City Hall into a free hotspot will be followed by the installation of free wi-fi access in all the city’s 33 barangays.

Binay said the Philippine Long Distance Telephone Company (PLDT) is the city’s partner and Internet service provider for the project.

“We are laying the foundation for transforming Makati into the country’s first wireless city. We recognize that embracing modern technology is the fastest way to achieve inclusive progress and equitable growth in this age of globalization,” Binay said.

Meanwhile, Makati City also officially launched on Thursday its traffic Twitter account “MakatiTraffic” that will provide motorists and commuters 24-hour traffic updates.

The project aims to provide fast and efficient delivery of updates on road conditions or incidents, real-time traffic information and advisories particularly on major streets in the city.

http://www.philstar.com/nation/article.aspx?articleid=826735

Thanks for sharing.

http://img525.imageshack.us/img525/7494/201208252250.jpg

^^ just one block away...
http://img820.imageshack.us/img820/9848/201208252251.jpg

^^ eto pa wlang thread pero UC na :)

http://img145.imageshack.us/img145/7277/201208252247.jpg

^^ just one block away...
http://img820.imageshack.us/img820/9848/201208252251.jpg
kroma tower?

no not kroma malapit lng yan sa salcedo market. Ung kroma fenced na rin at naghuhukay na cla.

^^ So this is a new Alveo project? I am surprised there is no thread here already, the Ayala agents usually give details way before any work begins.

Bago tong fenced area na to for Alveo. I'm not sure if they have launched this project already. I have seen this weeks ago, but haven't seen this in flyers or print ads.

:D may bago na naman

Sold two units in KL Mosaic (due to turnover in next 12 months or so) recently and have another two units in KL Mosaic fully paid so no mortgage or financing required.

Now considering the merits or otherwise of an additional condo purchase in Metro Manila and am tempted by this and also by One Uptown Residence in BGC. Both, obviously, by Megaworld and, whilst they have their detractors (like all developers), personally I like the look of their recent projects.

Without getting into a Makati versus BGC debate, any views on whether to buy Paseo Heights or One Uptown Residence .... or maybe spread the options, by buying a studio in both?

Sold two units in KL Mosaic (due to turnover in next 12 months or so) recently and have another two units in KL Mosaic fully paid so no mortgage or financing required.

Now considering the merits or otherwise of an additional condo purchase in Metro Manila and am tempted by this and also by One Uptown Residence in BGC. Both, obviously, by Megaworld and, whilst they have their detractors (like all developers), personally I like the look of their recent projects.

Without getting into a Makati versus BGC debate, any views on whether to buy Paseo Heights or One Uptown Residence .... or maybe spread the options, by buying a studio in both?

In terms of investment, rental income wise I'll give it to Paseo Heights. Makati CBD is still hard to beat. Location of this project is superb. POtential for value appreciation though, it's One Uptown being in a booming CBD.

Price wise, the 30 SQM studio in Paseo including fit out is almost the same with 1 BR Fully Funished in One Uptown.

If you ask me, I'll personally choose One Uptown because of the potential of Uptown Bonifacio. MW is dedicated to make this mini CBD Upscale just like how MW delivered newly turnover projects. Uptown Bonifacio is MW's "baby project" they are serious in delivering quality development.

But then again, both have their strengths depends on what you are looking for.

Cheers!

Thanks for the comprehensive reply Robluat and you've certainly given me more to think about.

Might consider buying one in each :)

Thanks for the comprehensive reply Robluat and you've certainly given me more to think about.

Might consider buying one in each :)

If you can then that's definitely the best option! Haha. Both are very good projects. Also, both offers very flexible terms of payment :D

Paseo Heights is IMHO a better choice than One Uptown. Makati has an established CBD. The supply of condos in the heart of Makati CBD is limited due to limited availability of empty plots for development. Conversely, land in BGC is abundant and so is the availability of condos there. BGC's CBD is in it infancy stage and whether it will be developed to the level of Makati is highly speculative.

How is this compared to Three Central?

How is this compared to Three Central?

Paseo Heights has a better location.

Paseo Heights has a better location.

I have to agree. The location of Paseo Heights to me is more prime and exclusive being across Salcedo Park and a short walk to Ayala Triangle. The advantage of three central though is it has a mall component below.

Rental income wise, both is good. Mall component will always attract renters so as prime location :)

I have to agree. The location of Paseo Heights to me is more prime and exclusive being across Salcedo Park and a short walk to Ayala Triangle. The advantage of three central though is it has a mall component below.

Rental income wise, both is good. Mall component will always attract renters so as prime location :)

Price per sqm is about the same? The odd things is Paseo Height can be sold by the agents based at Bonifacio but they cannot sell three central. That is pretty odd coz Paseo Height is in Makati itself.

Price per sqm is about the same? The odd things is Paseo Height can be sold by the agents based at Bonifacio but they cannot sell three central. That is pretty odd coz Paseo Height is in Makati itself.

Actually they can. It's just that you have to get the details from Megaworld Makati itself and you should ask your AVP to memo the sale to the MW Makati head. Paseo Heights is directly under the inventory of Global City agents as Uptown Ritz is being sold by Makati agents as well. Part of the marketing strategy :)

Price per SQM I'll check again. It's in my laptop but as far as I remember, it's pretty much the same.

The smallest cut is 39 SQM.

Price per sqm is about the same? The odd things is Paseo Height can be sold by the agents based at Bonifacio but they cannot sell three central. That is pretty odd coz Paseo Height is in Makati itself.

Three Central is about 115k/SQM, Fully Furnished, while Paseo Heights is at 120k/SQM semi furnished. Both price per sqm is computed with fitout/furnishing.

How is the pre-selling? How many % is sold? When is the official launching for this project?

Just wow,Its Megaworld's best.:cheers:

Am also wondering how many % sold for this project and Three Central as well? And when both projects were launched?

Ross, the greenery is good among the tall buildings.

Am also wondering how many % sold for this project and Three Central as well? And when both projects were launched?

Ross, the greenery is good among the tall buildings.

Paseo Heights is around 60 - 70% Sold. While Three Central, have to check the most recent availability tomorrow.

Paseo Heights is around 60 - 70% Sold. While Three Central, have to check the most recent availability tomorrow.

i got one in three central a year ago. lately my agent is offering me nother unit in the same project because they still have 80% of the inventory. they can't hardly sell the projects in makati. im planning on giving up my unit and getting one in gramercy

Three Central is about 115k/SQM, Fully Furnished, while Paseo Heights is at 120k/SQM semi furnished. Both price per sqm is computed with fitout/furnishing.

wow! seems three central is offering better deal than paseo heights?

i got one in three central a year ago. lately my agent is offering me nother unit in the same project because they still have 80% of the inventory. they can't hardly sell the projects in makati. im planning on giving up my unit and getting one in gramercy

Why do you plan to give up your unit? This is a very promising project. If its really 80% still, I'm very much surprised.

One Central, to a lot of people, became an iconic Tower in Makati. Three Central by the name itself should be at the same caliber. I heard the same contractor of One Central will do Two and Three Central. The legacy continues :)

i got one in three central a year ago. lately my agent is offering me nother unit in the same project because they still have 80% of the inventory. they can't hardly sell the projects in makati. im planning on giving up my unit and getting one in gramercy

I don't get it. How can Gramercy be better? I have taken 4 units in Makati and there were other projects that I contemplated including 3 Central but I dismissed The Gramercy from the very outset.

Why do you plan to give up your unit? This is a very promising project. If its really 80% still, I'm very much surprised.

One Central, to a lot of people, became an iconic Tower in Makati. Three Central by the name itself should be at the same caliber. I heard the same contractor of One Central will do Two and Three Central. The legacy continues :)

due to the very slow development for three central. i've seen the once central in fact that's where i plan to buy before but the available units were those facing the cemetery.

I don't get it. How can Gramercy be better? I have taken 4 units in Makati and there were other projects that I contemplated including 3 Central but I dismissed The Gramercy from the very outset.

yes i can see that establishments surrounding gramercy is a bit off but i am very intrigued by the facade passing through kalayaan. i think they have this hanging pool on the middle floor. an agent told me that the gramercy is already sold out but they have a reopen unit on the penthouse. i think i'll have take a look at it.

what about this paseo heights? it seems to be in a very peaceful area

what about this paseo heights? it seems to be in a very peaceful area

Three Central will be completed June 2016. Maybe that's why you have not seen much development yet.

Paseo Heights turnover is 2017.

Paseo is right in the center of Makati CBD, you can consider this peaceful since its across the park. Parks are very much scarce in this area since there are just very few empty lots here.

By the way, are you thinking of it for investment? Rentals?

i got one in three central a year ago. lately my agent is offering me nother unit in the same project because they still have 80% of the inventory. they can't hardly sell the projects in makati. im planning on giving up my unit and getting one in gramercy

How can a project like Gramercy at Kalayaan Ave be good compared with Paseo Height going to build right in Salcedo? Gramercy location is far from Green Belt or Ayala and seem to be at the outskirt of Makati. In fact I like Paseo Height so much that I already committed 2 units here.

How can a project like Gramercy at Kalayaan Ave be good compared with Paseo Height going to build right in Salcedo? Gramercy location is far from Green Belt or Ayala and seem to be at the outskirt of Makati. In fact I like Paseo Height so much that I already committed 2 units here.

i believe we have different preferences. i preferred gramercy because it has better concept than paseo heights. besides, i was comparing gramercy and three central. although, i also like the fact that paseo heights is located on a quiet location.

i believe we have different preferences. i preferred gramercy because it has better concept than paseo heights. besides, i was comparing gramercy and three central. although, i also like the fact that paseo heights is located on a quiet location.

It has better concept primary I think because it is one of the tallest building in Philippines but I still believe investing in a condo has to be all about location. Paseo Height is just like a small project in a very prime location so it is very hard to compare Paseo against Gramercy in term of concepts.

As for 3 Central, I think the location is at Valero is it? I think the location itself is still better than Gramercy. I did not research much on 3 Central so I can't comment much on it concepts beside location.

I don't like Gramercy mainly because I don't trust CPL, location is less desire because it is near Burgos Street. A lot of street walker and not sure of security around the area at night. I am also not sure if this area is prone to flood or not though.

Any it is just my personal preference. Good luck in your investment! Cheer hee.

Three Central will be completed June 2016. Maybe that's why you have not seen much development yet.

Paseo Heights turnover is 2017.

Paseo is right in the center of Makati CBD, you can consider this peaceful since its across the park. Parks are very much scarce in this area since there are just very few empty lots here.

By the way, are you thinking of it for investment? Rentals?

I meant after several years they haven't sold much for three central yet. i was informed one central was already sold 60% 3 months after released to the market. two central, did the same. why the three central cant be sold that fast? that's alarming for us investors. i should have invested to two central than three. my agent sold me three central because i can still choose a unit and in fact until now there are still so many units available!

im going to use the unit.

I meant after several years they haven't sold much for three central yet. i was informed one central was already sold 60% 3 months after released to the market. two central, did the same. why the three central cant be sold that fast? that's alarming for us investors. i should have invested to two central than three. my agent sold me three central because i can still choose a unit and in fact until now there are still so many units available!

im going to use the unit.

Maybe there are too many condo development in Bonifacio and Bay Area. There is only so much investors who have the money to invest in this kind of project. There is also a lot of other Megaworld projects within Makati and of course investors will go with the projects with the best location or pricing first.

It has better concept primary I think because it is one of the tallest building in Philippines but I still believe investing in a condo has to be all about location. Paseo Height is just like a small project in a very prime location so it is very hard to compare Paseo against Gramercy in term of concepts.

As for 3 Central, I think the location is at Valero is it? I think the location itself is still better than Gramercy. I did not research much on 3 Central so I can't comment much on it concepts beside location.

I don't like Gramercy mainly because I don't trust CPL, location is less desire because it is near Burgos Street. A lot of street walker and not sure of security around the area at night. I am also not sure if this area is prone to flood or not though.

Any it is just my personal preference. Good luck in your investment! Cheer hee.

thanks for the advise! im aware that when it comes to property investment, location should always be the first thing to consider. that's why i purchased the three central and other units in west tower and meranti. i am also scouting for park terraces and 8 forbestown. most likely 8 forbestown but i was told that the golf course view units are already sold out.

this would be my first with CPL if ever..
can we have a poll here? CPL, ALI, or MW?:nuts:

^^ ALI then MW. From the projects you have listed I would choose Park Terraces without a doubt.

^^ ALI then MW. From the projects you have listed I would choose Park Terraces without a doubt.

I will agree. I do not see the two projects comparable toe to toe. Pricing is way different as well.

thanks for the advise! im aware that when it comes to property investment, location should always be the first thing to consider. that's why i purchased the three central and other units in west tower and meranti. i am also scouting for park terraces and 8 forbestown. most likely 8 forbestown but i was told that the golf course view units are already sold out.

this would be my first with CPL if ever..
can we have a poll here? CPL, ALI, or MW?:nuts:

Heard from my agent, the prime units with good view for 8 Forbetown are sold out. Only left with the less desire units. As for me, I will not be buying any projects in Bonifacio till 2016 at least.

I believed there is a oversupply of Condo in Fort area. Most of the buyers I notice are taking the attractive payment scheme now which required little or no downpayment and then they will pay the lump sum at the turnover. This is unlike a lot of early investors who paid 50% or even whole cash. When the condo are turn over in 2016-2017, if the buyers cant get a loan or lose their jobs at that time, I think I will bought it over at a attractive price by then. That is just my opinion.

My bets are still on Makati for yield and short term stay. Bonifacio will be just a place for me to stay in future. The traffic in Bonifacio is getting worse especially Mckinley Road area.

Ignore the posts of " MIGCABANILLA "

Check spamming sticky thread.

Oooops the moderator already cleaned the spam thread. Anyways it was found that its a duplicate account.

Ignore the posts of " MIGCABANILLA "

Check spamming sticky thread.

Oooops the moderator already cleaned the spam thread. Anyways it was found that its a duplicate account.

What was that about? I dont get it.

What was that about? I dont get it.

There has been malicious newly signed members of SSC. Moderators found out this is a duplicate account and he's actually an agent. His other account is " ianzapata " I think they had no idea moderators can find out which accounts are created by who.

This is a good sign that SSC is a well moderated forum. Nobody can mess around here.

There has been malicious newly signed members of SSC. Moderators found out this is a duplicate account and he's actually an agent. His other account is " ianzapata " I think they had no idea moderators can find out which accounts are created by who.

This is a good sign that SSC is a well moderated forum. Nobody can mess around here.

I see. An agent of what? So thats why he pm'd me asking to reply to the thread here in paseo heights!

I see. An agent of what? So thats why he pm'd me asking to reply to the thread here in paseo heights!

An agent of MW. Crazy right? Both his accounts were banned now.

An agent of MW. Crazy right? Both his accounts were banned now.

hahah wtf

An agent of MW. Crazy right? Both his accounts were banned now.

No wonder I can't reply his pm.

Wah waste my time to type so much to reply to him. WTF.

Haha, bashing his own company's project. Funni.

Maybe he is leaving MW to work CPL. So many agents move around nowadays to whoever give them the most commission.

The 2 bedroom layout is poor, it has a odd shape and you have to walk through the kitchen to go to one of the bedrooms. :nuts:

You may not like the 2 bedroom. But it also has its advantages.

If it will be for end use:
A family who likes to have more privacy would be interested with this unique layout. Also, the parent who loves to cook will be satisfied with the proximity of the bedroom with the kitchen. In addition, the unit can see two views from the bedroom - North and East (Unit P) South and East (Unit A).

If it will be for investment:
The unit can be transformed into a 3 bedroom unit. By changing the layout and transforming the living room into another bedroom. This will be beneficiary for the three tenants because it will cost them less for having a common kitchen and toilet & bath.

Though everything is really subjective when it comes to taste and preference. I don't completely disagree with you. :)

Yes. It does has its advantages.

In fact I am interested in acquiring units 7A & B.

In fact I am interested in acquiring units 7A & B.

That is nice to know. :) May i know if you are already connected with a consultant?

You may not like the 2 bedroom. But it also has its advantages.

If it will be for end use:
A family who likes to have more privacy would be interested with this unique layout. Also, the parent who loves to cook will be satisfied with the proximity of the bedroom with the kitchen. In addition, the unit can see two views from the bedroom - North and East (Unit P) South and East (Unit A).

If it will be for investment:
The unit can be transformed into a 3 bedroom unit. By changing the layout and transforming the living room into another bedroom. This will be beneficiary for the three tenants because it will cost them less for having a common kitchen and toilet & bath.

Though everything is really subjective when it comes to taste and preference. I don't completely disagree with you. :)

I see your point about it giving the bedrooms more privacy and giving different views, definitely could be considered advantages to some people. I am not sure you could really fit in a third bedroom in the living area, it would be very small. I don't see it really working. I also dislike this narrow layout, I think I would feel like I am being squashed inside it.
Also what is on either side of this building, could either side be blocked in by other skyscrapers which would cut off all the light and views from bedroom 2, kitchen and living area?

That is nice to know. :) May i know if you are already connected with a consultant?

Yes. I already have a consultant.

I see your point about it giving the bedrooms more privacy and giving different views, definitely could be considered advantages to some people. I am not sure you could really fit in a third bedroom in the living area, it would be very small. I don't see it really working. I also dislike this narrow layout, I think I would feel like I am being squashed inside it.
Also what is on either side of this building, could either side be blocked in by other skyscrapers which would cut off all the light and views from bedroom 2, kitchen and living area?

I see your point. Although, the placement of the building with BPO's, local & foreign companies such as:Citibank Tower, Makati Stock Exchange, RCBC Plaza, Petron Megaplaza and other top corporate centers - makes it an ideal haven for desk jockeys, wage-earners, and entrepreneur. Some may dislike the layout but some will be satisfied. Especially, if they realize the light payment term of no downpayment, zero percent interest, and as low as Php 40K per month for a 62sqm 2 bedroom unit worth at an estimated price of 7M only.

On top of that it has a view of Salcedo Park facing the North side of the tower. :)

Yes. I already have a consultant.

I hope that you will like your unit upon turnover. Best regards. :)

I hope that you will like your unit upon turnover. Best regards. :)

Thanks. I hope so too.

I see your point. Although, the placement of the building with BPO's, local & foreign companies such as:Citibank Tower, Makati Stock Exchange, RCBC Plaza, Petron Megaplaza and other top corporate centers - makes it an ideal haven for desk jockeys, wage-earners, and entrepreneur. Some may dislike the layout but some will be satisfied. Especially, if they realize the light payment term of no downpayment, zero percent interest, and as low as Php 40K per month for a 62sqm 2 bedroom unit worth at an estimated price of 7M only.

On top of that it has a view of Salcedo Park facing the North side of the tower. :)

No doubt the location is prime.

No doubt the location is prime.

I feel so too.

FYI: Reserve Now Pay Next Year Promo starts this month of October! Prime Units still available.

Still have good inventory of Studio and 2BR units.

No DP Terms starting 12k/month still on going.

FYI: Reserve Now Pay Next Year Promo starts this month of October! Prime Units still available.

Still have good inventory of Studio and 2BR units.

No DP Terms starting 12k/month still on going.

Please let me have details of the good units.

Please let me have details of the good units.

Email Sent.

Email Sent.

Thanks.

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc7/432039_377288642289224_377281135623308_1477431_887332711_n.jpg (http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc7/432039_377288642289224_377281135623308_1477431_887332711_n.jpg)
http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/417741_124852327640786_100003480596859_97444_924402106_n.jpg


Nice project. :cheers:

I'm glad, there are now Filipino-looking people on renders. Before, exclusively foreign people nasa renders. :lol:

Sana lang sa totoong buhay hindi mga pokpok ang Filipino-looking people na yan.. Lol!!!

Returns of Investment in Philippine's Real Estate: http://www.youtube.com/watch?v=tVYhzpim0IY&feature=youtube_gdata_player

Megaworld Makati CBD - Investor's Night on October 13, 2012
PM or email me at junreymegaworld@yahoo.com
http://sphotos-f.ak.fbcdn.net/hphotos-ak-ash3/561879_238182886307729_2070694150_n.jpg

FYI: Reserve Now Pay Next Year Promo starts this month of October! Prime Units still available.

Still have good inventory of Studio and 2BR units.

No DP Terms starting 12k/month still on going.

Kindly PM details as well. Thanks!

Kindly PM details as well. Thanks!

PM sent

Deleted.

You know. My condo in Tuscany private estate build by Megaworld in taguig. was turned over to me 9 month ago. Since then I have been requesting to see the homeowner building insurance policy from both MW and the home association, till date I understand that there is still no building insurance as I have asked for a copy of the insurance policy from the manager at the home association, I was told I was not intituled to that information. So we will never know if the building is actually insured or not. Also the home association company is actually owned by MW. And the president of the home association that is representing the owners of the condominiums is a MW employee. MW Has set a price of 60 pesos a month as strata levy even though we are still not able to use all amenities of the buildings and the building works has not finish. My understanding MW throe the home association company (which they own) can put up the price of the monthly levy monthly payment to any value they wish without having to show all the expenditures (which will show why do we have to pay that amount ). I asked to get a copy of the names and addresses of the condominium owners so I can contact them, again I was refused. And my understanding that MW can give the home association company in charge of Tuscany private estate a contract for as long as they like (Example 10 or 20 years), So MW through the home association can request any levy they wish. Maybe one day we will all end up paying 50K a month levy to MW.

You know. My condo in Tuscany private estate build by Megaworld in taguig. was turned over to me 9 month ago. Since then I have been requesting to see the homeowner building insurance policy from both MW and the home association, till date I understand that there is still no building insurance as I have asked for a copy of the insurance policy from the manager at the home association, I was told I was not intituled to that information. So we will never know if the building is actually insured or not. Also the home association company is actually owned by MW. And the president of the home association that is representing the owners of the condominiums is a MW employee. MW Has set a price of 60 pesos a month as strata levy even though we are still not able to use all amenities of the buildings and the building works has not finish. My understanding MW throe the home association company (which they own) can put up the price of the monthly levy monthly payment to any value they wish without having to show all the expenditures (which will show why do we have to pay that amount ). I asked to get a copy of the names and addresses of the condominium owners so I can contact them, again I was refused. And my understanding that MW can give the home association company in charge of Tuscany private estate a contract for as long as they like (Example 10 or 20 years), So MW through the home association can request any levy they wish. Maybe one day we will all end up paying 50K a month levy to MW.

Why are you posting under this thread?

You know. My condo in Tuscany private estate build by Megaworld in taguig. was turned over to me 9 month ago. Since then I have been requesting to see the homeowner building insurance policy from both MW and the home association, till date I understand that there is still no building insurance as I have asked for a copy of the insurance policy from the manager at the home association, I was told I was not intituled to that information. So we will never know if the building is actually insured or not. Also the home association company is actually owned by MW. And the president of the home association that is representing the owners of the condominiums is a MW employee. MW Has set a price of 60 pesos a month as strata levy even though we are still not able to use all amenities of the buildings and the building works has not finish. My understanding MW throe the home association company (which they own) can put up the price of the monthly levy monthly payment to any value they wish without having to show all the expenditures (which will show why do we have to pay that amount ). I asked to get a copy of the names and addresses of the condominium owners so I can contact them, again I was refused. And my understanding that MW can give the home association company in charge of Tuscany private estate a contract for as long as they like (Example 10 or 20 years), So MW through the home association can request any levy they wish. Maybe one day we will all end up paying 50K a month levy to MW.

This guy actually posted on all MW threads. Isn't it obvious that he is trying to get attention. If your concern is about the building insurance, settle it with the home owner's association. Stop posting thread's of the same kind on different MW projects.

may units pa ba sa low zone na facing the park?

may units pa ba sa low zone na facing the park?

The lowest available facing the park is on the 14th floor 30 SQM Unit priced at Php 3,914,000 including Fit Outs.

60 months to pay at zero interest starting at 12k/month.

The lowest available facing the park is on the 14th floor 30 SQM Unit priced at Php 3,914,000 including Fit Outs.

60 months to pay at zero interest starting at 12k/month.

pwede bang hindi furnished dito? pero kung furnished, may selection ba kung anu-ano ang fittings?

pwede bang hindi furnished dito? pero kung furnished, may selection ba kung anu-ano ang fittings?

Nope. Fit Out is not optional. It goes with the unit.

Fit Outs are standard.

I am interested in acquiring more units but only on the 7th floor.

No Downpayment, No Lumpsum, 60 months to pay Promo Terms still available:

For Units facing San Agustin Street only:

Studio

12,000/month for 1st - 12th month
18,000/month for 13th - 24th month
25,000/month for 25th - 36th month
30,000/month for 37th - 48th month
35,000/month for 49th - 60th month

Balance upon Turnover

2 Bedroom

40,000/month for 1st - 12th month
45,000/month for 13th - 24th month
50,000/month for 25th - 36th month
55,000/month for 37th - 48th month
60,000/month for 49th - 60th month

Balance upon Turnover