Play it smart, go with Ridgewood Towers

Investing can be hard. But if you do a thorough research and keep your head on straight, your chances of long-term success are good. While you can go big, sometimes it pays to play it smart.

For people looking for a major property investment in Metro Manila, there will always be apprehensions: locations that offer the most potential come with a hefty price tag. So instead of going big, can one invest by going smart?

Thanks to C5 Mansions Development Corp., property investors can go smart. Their project, Ridgewood Towers Premier, offers value for money. It is situated along the periphery of Bonifacio Global City (BGC), 400 meters from SM Aura, and just across McKinley Hill. Access to Makati’s Central Business District and the rest of BGC is limited to a few minutes of driving, while the country’s premier airport hub is a short drive away.

However, the project doesn’t carry the hefty price tag common among the nearby developments. This makes investing in Ridgewood the smart play.

The property is now being pre-sold at an average of P85,000 per sqm, compared to similar projects that start at P130,000 per sqm and up. To illustrate, it is the only residential development within walking distance of BGC that offers one-bedroom units at P2.1 million to P2.5 million.

The attractive cost should sound compelling to the practical investor, as he/she realizes a bigger income potential as the property appreciates.

Whether you rent out the place, or resell upon turnover, you can potentially receive bigger gains compared to nearby projects where you need to shell out way more.

By 2022, investors can expect greater value for their property – and that is playing smart.

1-bedroom unit

Due to its lower price, units can be leased out at much lower rates – between P16,000 to P18,000 for a one-bedroom unit and between P18,000 to P20,000 for a one-bedroom with balcony.

Compared to similar units within BGC and McKinley Hill that fetch up to P30,000 to P70,000/ month, Ridgewood units present an attractive option for young professionals who prefer to live near where the action is.

Apart from the lower rental rates, there is virtually no trade-off in terms of amenities or distance from the workplace, so expect the units to attract more tenants than its more expensive competitors within the area.

With a return on investment of about eight percent, a Ridgewood investment outperforms leaving your money in the bank, considering annual deposit rates of 0.25 percent and time deposit rates of 1.75 percent.

Alfonso Keh, Jr., general manager of C-5 Mansions Development Corp., said: We project strong demand for rental units since BGC is doubling its office space portfolio in the next few years.”

Thus, employment will also increase dramatically in BGC and this will create an acute problem on availability of quality residential condominium options, which Ridgewood Towers Premier will partly address once it is turned over, Keh pointed out.

Amenities such as lap pool, landscaped garden, and fitness gym make the project attractive to urbanites working in the area but have disavowed long commutes and prefer to stay within the periphery during their off hours.

Original article from Manila Bulletin as provided by developer.

For unit viewing, reservation and other information, get in touch with:

Ms. Zumi Santiago

Licensed Real Estate Broker

+63 9164441314 Globe/Viber

primehomesph1@gmail.com

Facebook : Prime Homes PH 

Your cute and comfy nest is here in 55 Kalayaan Suites

Discover the perfect place to call home in the heart of Quezon City. AXEIA Development Corporation is proud to present 55 Kalayaan Suites, the haven for premium and pleasant lifestyle.

Studio Unit

Experience serenity in this specially designed condominium that is well suited for comfort and convenience. The project is strategically located just a stone throw's away from famous food strips, shopping establishments, private schools, hospitals, business districts and commercial establishments in Quezon City.

55 Kalayaan Suites is definitely the mid rise condo to fall in love with in Quezon City!

When you want your college teen to spend more time studying and developing their talents and skills rather than stressing out in the traffic jam of a long commute, 55 Kalayaan Suites is the place to be.

When you are ready to finally have your own place without breaking your bank account and still enjoy the young professional life on your way up the corporate ladder either alone or with a special person as your inspiration, let 55 Kalayaan Suites be your haven of a bright and memorable future!

Association dues. Unlike other condos with expensive monthly bill for maintenance of the building itself, it is a relief that 55 Kalayaan Suites stuck to basic necessities and does not have too much of lifestyle amenities to maintain in order to make it very affordable for the aspiring first time Filipino condo buyer. Condo dues will only cost 50 pesos per square meter.

Sure, most of residential condominiums nowadays have pools, game rooms, theater room and what not but it also comes with a price. Let's say it costs you 80 pesos per square meter for your 40 square meter studio, that will be 3,200 pesos condo dues every month which could already pay for your utility bills instead.

I can say this is one of the most if not the most affordable condo in a prime location in Quezon City. 

Okay, there is a part of Quezon City that is too far from civilization and you'll often hear a joke about Fairview being called as Farview instead. Yes, I am referring to that far north part of QC. But even then, you will still find that price of properties there are not too encouraging for its distance from QC CBD. I do not mean to offend if you love what is up there, after all, there is still no better place than home (if north east QC is your home) but I am merely comparing property prices vs proximity to major areas of the biggest city in Metro Manila.

There is a lot of developments going on in the southern and western parts of Quezon City and practicality plus common sense will dictate you to invest or live in the center of gravity where you have everything you will need and still very accessible to other cities nearby.

Construction Progress:
Finishing works ongoing.
Model Unit ready for viewing.

Don't wait for next year as this project is due for turnover this December 2017 and only a few of studio and 2-bedroom units are up for grabs. For detailed computation, reservation, site visit and unit viewing, do not hesitate to reach out to us and we will gladly assist and help you to finally get your first condo either for your children, rental business or the first home you can call your own.

Assistance hotline:
+63 9164441314 Globe/Viber
primehomesph1@gmail.com

Feel free to comment your opinion, idea or any objection in the comment box below. I would appreciate to discuss with you about properties in Quezon City or any part of the metro where developments are underway.

Stay blessed,
Zumi Santiago
Licensed Real Estate Broker
PRC REBL 28657