Projects

Good buys: Makati Condo projects

With the flurry of condo projects in Makati today, it’s so easy to get overwhelmed and just delay the decision to buy, maybe at the cost of letting good opportunities to invest slip through one’s fingers.

They say with real estate, the magic word is always location. But these days, projects just keep popping up in the same general area, some even side by side. The decision usually boils down to the developer, amenities and payment terms offered, and turnover date. One other important (but usually overlooked) consideration is the profile of buyers– who will make up the community in the condo, eventually manage it and determine its future market value?

With these in mind, here are my top 2 recommendations among what’s available in Makati today:

1. SENTA, Ayala/CII’s newest project
- Derived from the Japanese word for “center”, located across Legaspi Park (along Legaspi St.) in the center of the Makati Business District, just 2 minutes away from Greenbelt
- Will have a contemporary design with unobstructed views and a visible vertical glass pane on the building for “drama”
- Designer lobby with hotel-like concierge services and club-like amenities, including a jacuzzi overlooking an outdoor pool theater (dvd area)
- Sky garden on the rooftop for private use of residents
- 39 floors with 14 units/floor (total of 452 units)
- Choose from Studio (35 sqm), 1BR (55 sqm), 2BR (80 sqm) units
- Indicative price is P100,000/sqm, parking is P650,000-750,000/slot
- With option to buy furnished units at P110,000-115,000/sqm
- Turnover: after 5 years (2013)
- To be launched mid-March; Letters of Intent now being accepted
*A Letter of Intent will give you a slot in the priority selling tentatively scheduled on March 15. Kindly note that we will need to submit a photocopy of your P50,000 reservation check along with the LOI form.

2. ETON PARKVIEW GREENBELT, from Eton, the Lucio Tan group
- Also facing the Legaspi Park, on the Gamboa side
- 34-storey all-loft condominium with 19 units/floor (total of 230 units)
- Choose from 1BR (42 sqm average) and 2BR (72 sqm) units
- Price is about P94,000/sqm, parking is P600,000-800,000/slot
- Launched last September 2007, turnover on December 2011
- Flexible terms available, including no downpayment

For more information, please contact our office or email me at johanna@metrorealty.ph.