Blue Residences [41F|res] - Page 5

passiveagressive · May 23rd, 2011, 07:58 AM

Do you know how the market works? So what if the company has investors, a condominium will fail if no one buys the units, regardless of how much hot money these investors would pump into SMDC. It's bad business to keep building when there is no true and proportionate demand (look at Berkeley, I don't even think its full occupancy yet), what they're doing is inflating property prices - pure real estate speculation, and with the volume of units they are building? There is no market for that big a condo along Katipunan, let alone two big condos, on either side.

makatiprime · May 24th, 2011, 06:50 AM

ang_pilosopo · June 21st, 2011, 08:32 PM

my son is entering HS next yr. i want him to go to ateneo of course, same as his dad.

to save on transpo and gas costs, and time (we live in makati), my wife and i decided to get a condo along katipunan where he can stay and focus on his studies.

we went to berkeley but we were told there's no more 1BR available. the only units left are 2BR, which is expensive - almost 7M if you include VAT. so the agent suggested Blue. since they are on pre-selling, the units are very affordable.

any thoughts about Blue?

makatiprime · June 22nd, 2011, 11:27 AM

2-3 years pa matitirhan ang blue, depende kung anong taon na ang anak mo...sa aim or la salle nalang eenroll ang anak mo tapos pakunin mo ng juris doctor sa la salle then masters of law sa ateneo.your son will be one of the most highest paid mba-lawyer

blueknight1968 · July 7th, 2011, 12:19 PM

Quote:

Originally Posted by passiveagressive

Do you know how the market works? So what if the company has investors, a condominium will fail if no one buys the units, regardless of how much hot money these investors would pump into SMDC. It's bad business to keep building when there is no true and proportionate demand (look at Berkeley, I don't even think its full occupancy yet), what they're doing is inflating property prices - pure real estate speculation, and with the volume of units they are building? There is no market for that big a condo along Katipunan, let alone two big condos, on either side.

I have an officemate working in Manila who decided to get a unit at Blue Residences because transportation will be facilitated through the LRT 1 and LRT 2 transport systems and also because his family lives in Marikina. So I think demand for housing may not be limited to just the students or residents of Katipunan, QC. I read from some local newspaper a year ago about the Wack Wack area of Mandaluyong and Diliman/Katipunan area of Quezon City as two of the relatively "cooler" (temperature-wise) places in the metropolitan area because of the greenery while Makati is considered as the hottest. I initially wanted to acquire a unit at Sophia Bellevue when it was still pre-selling because of the proximity to UP Diliman's tree lined campus but settled for a townhouse in Pasig City.

blueknight1968 · July 7th, 2011, 12:22 PM

Quote:

Originally Posted by ang_pilosopo

my son is entering HS next yr. i want him to go to ateneo of course, same as his dad.

to save on transpo and gas costs, and time (we live in makati), my wife and i decided to get a condo along katipunan where he can stay and focus on his studies.

we went to berkeley but we were told there's no more 1BR available. the only units left are 2BR, which is expensive - almost 7M if you include VAT. so the agent suggested Blue. since they are on pre-selling, the units are very affordable.

any thoughts about Blue?

IMO, given the legal issues raised by the Katipunan community against the developer in the thread, you might wish to more carefully consider your investment decision.

ellisdane13 · July 7th, 2011, 01:04 PM

magkano na ba ang 23.47 sqm sa ngayon diyan facing QC...Thanks.
Ellis

todjikid · July 8th, 2011, 12:31 AM

grabe ang mahal. 100K per square meter. parang the fort at makati price na.

bevepi · July 8th, 2011, 04:48 AM

Quote:

Originally Posted by todjikid

grabe ang mahal. 100K per square meter. parang the fort at makati price na.

I think yan na nag running rate sa area of katipunan. Swerte young mga naunang nag invest, even residentials Baka mas mahal na. As far as Tierra purr area.

yaj · July 8th, 2011, 08:34 AM

Quote:

Originally Posted by blueknight1968

I read from some local newspaper a year ago about the Wack Wack area of Mandaluyong and Diliman/Katipunan area of Quezon City as two of the relatively "cooler" (temperature-wise) places in the metropolitan area because of the greenery while Makati is considered as the hottest. .

True!

@ang_pilosopo: wow 7m na pala 2brs sa Berkeley, un cguro ung facing East & South corner units.

joemarc · July 9th, 2011, 09:16 AM

is it true that SMDC bought the property already in front of BLUE? gagawin daw SM mall na may connect sa condo bldg with a bridge. sana true, i just heard it this morning from an agent (agent not from SM)

todjikid · July 9th, 2011, 02:18 PM

that is good news for me if we get to have a mall in katipunan area, but the loyala assoc will surely go gaga.

xavierdude · July 9th, 2011, 03:26 PM

that area is too near sm marikina to have its own mall..

yaj · July 9th, 2011, 05:48 PM

If it's true ok yon, kung hindi ok lang din, maging magastos masyado pag nalapit na mall s mga kids!

todjikid · July 10th, 2011, 10:20 PM

o baka savemore pa rin? totoo kaya?

richard24 · July 11th, 2011, 02:27 AM

an SM Hypermarket would be good for the area I guess.

Kintoy · July 11th, 2011, 11:59 AM

Quote:

Originally Posted by passiveagressive

Do you know how the market works? So what if the company has investors, a condominium will fail if no one buys the units, regardless of how much hot money these investors would pump into SMDC. It's bad business to keep building when there is no true and proportionate demand (look at Berkeley, I don't even think its full occupancy yet), what they're doing is inflating property prices - pure real estate speculation, and with the volume of units they are building? There is no market for that big a condo along Katipunan, let alone two big condos, on either side.

there will be another ayala technohub in the area (the location of UP IS). the BPOs there will generate new market.

todjikid · July 11th, 2011, 10:55 PM

with the inflated prices of condos, how low can a unit for rent go in terms of price, and how high can an employee pay for the rent? pagbumili ka ng 2.4mil na 23 sq meter, magkano mo siya mapaparent na hindi sasama ang loob mo? and can an employee earning 30K allot half of her salary sa rent? how much ba usually ang allotment natin sa rent? my tenant is a wife of an OFW so her situation is a bit different.

yaj · July 12th, 2011, 12:14 AM

Ung naka usap ko sa pool area a month ago. Nsa 15k pa rent nila s 1br, ung 2brs naman 25: daw. Puro students ng miriam n ateneo tenants nila.

joemarc · July 12th, 2011, 03:23 AM

because of the flooding incident last 2009, people prefer to stay in higher areas. that includes katipunan and condominiums. we all know that rental cost is high in condos, but since the area is easy to mantain it lowers household expenses too. others eliminate hiring helpers, which also cuts down cost.
Most people who can afford to send their kids to ateneo and miriam can also afford to either buy a car or rent a condo. this is for their own convenience. but with the traffic situation in the area having a car is not a solution plus you also have to pay for gas or drivers.

It all depends with the situation of the need. Others have their reason of not renting or getting, while others have their own reasons of buying or renting. As condo owners we just wish that the demand is there to consider having one as a good investment. but it will also depend with the demand and supply. if there are no takers, we also think that investing always includes risk.

June 21st, 2011, 08:32 PM	#83
ang_pilosopo Registered User Join Date: Jun 2010 Location: Makati Posts: 62 Likes (Received): 0	my son is entering HS next yr. i want him to go to ateneo of course, same as his dad. to save on transpo and gas costs, and time (we live in makati), my wife and i decided to get a condo along katipunan where he can stay and focus on his studies. we went to berkeley but we were told there's no more 1BR available. the only units left are 2BR, which is expensive - almost 7M if you include VAT. so the agent suggested Blue. since they are on pre-selling, the units are very affordable. any thoughts about Blue? __________________ For Interior Design/ Architectural Services, visit us on Facebook

July 7th, 2011, 01:04 PM	#87
ellisdane13 Registered User Join Date: Feb 2011 Posts: 43 Likes (Received): 0	magkano na ba ang 23.47 sqm sa ngayon diyan facing QC...Thanks. Ellis __________________ Thank you. V/r, Ellis

July 9th, 2011, 03:26 PM	#93
xavierdude Registered User Join Date: Jun 2006 Posts: 713 Likes (Received): 7	that area is too near sm marikina to have its own mall.. __________________ too much negativity is bad for the skin.

July 11th, 2011, 02:27 AM	#96
richard24 go ahead.. scan it Join Date: Dec 2005 Location: Manila, Philippines Posts: 2,200 Likes (Received): 0	an SM Hypermarket would be good for the area I guess. __________________ Nothing good is easy to get. The hardest things to leave are the hardest things to work for. If I don't win it, fine. If I win, great. But I'm going to be myself. - Sen. Richard Gordon

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

May 23rd, 2011, 07:58 AM	#81
passiveagressive Registered User Join Date: Apr 2011 Posts: 8 Likes (Received): 0	Do you know how the market works? So what if the company has investors, a condominium will fail if no one buys the units, regardless of how much hot money these investors would pump into SMDC. It's bad business to keep building when there is no true and proportionate demand (look at Berkeley, I don't even think its full occupancy yet), what they're doing is inflating property prices - pure real estate speculation, and with the volume of units they are building? There is no market for that big a condo along Katipunan, let alone two big condos, on either side.

May 24th, 2011, 06:50 AM	#82
makatiprime BANNED Join Date: Jan 2011 Posts: 1,134 Likes (Received): 0

June 22nd, 2011, 11:27 AM	#84
makatiprime BANNED Join Date: Jan 2011 Posts: 1,134 Likes (Received): 0	2-3 years pa matitirhan ang blue, depende kung anong taon na ang anak mo...sa aim or la salle nalang eenroll ang anak mo tapos pakunin mo ng juris doctor sa la salle then masters of law sa ateneo.your son will be one of the most highest paid mba-lawyer

July 8th, 2011, 12:31 AM	#88
todjikid Registered User Join Date: Nov 2007 Posts: 1,714 Likes (Received): 29	grabe ang mahal. 100K per square meter. parang the fort at makati price na.

July 9th, 2011, 09:16 AM	#91
joemarc Registered User Join Date: Jul 2011 Posts: 5 Likes (Received): 0	is it true that SMDC bought the property already in front of BLUE? gagawin daw SM mall na may connect sa condo bldg with a bridge. sana true, i just heard it this morning from an agent (agent not from SM)

July 9th, 2011, 02:18 PM	#92
todjikid Registered User Join Date: Nov 2007 Posts: 1,714 Likes (Received): 29	that is good news for me if we get to have a mall in katipunan area, but the loyala assoc will surely go gaga.

July 9th, 2011, 05:48 PM	#94
yaj Pool Player Join Date: Jan 2009 Posts: 207 Likes (Received): 0	If it's true ok yon, kung hindi ok lang din, maging magastos masyado pag nalapit na mall s mga kids!

July 10th, 2011, 10:20 PM	#95
todjikid Registered User Join Date: Nov 2007 Posts: 1,714 Likes (Received): 29	o baka savemore pa rin? totoo kaya?

July 11th, 2011, 10:55 PM	#98
todjikid Registered User Join Date: Nov 2007 Posts: 1,714 Likes (Received): 29	with the inflated prices of condos, how low can a unit for rent go in terms of price, and how high can an employee pay for the rent? pagbumili ka ng 2.4mil na 23 sq meter, magkano mo siya mapaparent na hindi sasama ang loob mo? and can an employee earning 30K allot half of her salary sa rent? how much ba usually ang allotment natin sa rent? my tenant is a wife of an OFW so her situation is a bit different.

July 12th, 2011, 12:14 AM	#99
yaj Pool Player Join Date: Jan 2009 Posts: 207 Likes (Received): 0	Ung naka usap ko sa pool area a month ago. Nsa 15k pa rent nila s 1br, ung 2brs naman 25: daw. Puro students ng miriam n ateneo tenants nila.

July 12th, 2011, 03:23 AM	#100
joemarc Registered User Join Date: Jul 2011 Posts: 5 Likes (Received): 0	because of the flooding incident last 2009, people prefer to stay in higher areas. that includes katipunan and condominiums. we all know that rental cost is high in condos, but since the area is easy to mantain it lowers household expenses too. others eliminate hiring helpers, which also cuts down cost. Most people who can afford to send their kids to ateneo and miriam can also afford to either buy a car or rent a condo. this is for their own convenience. but with the traffic situation in the area having a car is not a solution plus you also have to pay for gas or drivers. It all depends with the situation of the need. Others have their reason of not renting or getting, while others have their own reasons of buying or renting. As condo owners we just wish that the demand is there to consider having one as a good investment. but it will also depend with the demand and supply. if there are no takers, we also think that investing always includes risk.