The decision between a house and lot and a condominium can be a daunting one. Both offer unique advantages and drawbacks, catering to different lifestyles and preferences. Here's a breakdown to help you choose the right fit for your needs: Photo from Canva House and Lot Pros: Space: More square footage , larger yards, and the potential for customization. Privacy: Greater sense of privacy and control over your surroundings. Outdoor Living: Enjoy the benefits of a garden, patio, or backyard for outdoor activities and entertaining. Appreciation: Generally, house and lot values tend to appreciate at a higher rate than condos . Cons: Upfront Costs: Significantly higher upfront investment , including the purchase price, land costs, and construction or renovation expenses. Maintenance: Requires ongoing maintenance and repairs , which can be time-consuming and costly. Location: May be situated further from urban conveniences and amenities. SMDC Lush Residenc...
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| Note: The real estate photos above are from Canva. |
Reminder: Please read the last part.
While we do have the intention to sell, our mission, vision, and values emphasize the importance of the value we provide to our prospects, clients, and team. Therefore, we strive to educate them about the process before proceeding with any buying or selling of properties. We firmly believe that education is one of the most valuable assets a person can acquire. It not only enhances knowledge and skills but also empowers individuals to make informed decisions, pursue their passions, and contribute meaningfully to society. Additionally, a solid education equips individuals with the tools to recognize and avoid scams, protecting themselves from potential fraud and deception. An education opens doors to opportunities, fosters personal growth, and helps individuals navigate the complexities of the modern world.
We never anticipated how hectic the responsibilities of a realtor would be. Experience is indeed the best teacher, and we've gained many valuable insights that we want to share with you. One key lesson
pertains to the different types of buildings: low-rise buildings (LRB), mid-rise buildings (MRB), and high-rise buildings (HRB).
Low-rise buildings typically have 1 to 4 stories, mid-rise buildings have 5 to 12 stories, and high-rise buildings have 13 or more stories.
It's also important to understand the concepts of socialized and economic housing. Socialized housing is the least expensive option intended for low-income earners and is mandated for developers under the Philippine real estate laws, specifically the R.A. 7279 also known as Urban Development and Housing Act (UDHA). Economic housing, on the other hand, is aimed at the middle class, specifically those earning above the minimum wage (but not more than what upper class earns). Often, socialized and economic housing are combined in a house-and-lot subdivision.
To gain a better understanding of these types of buildings and housing options, we encourage you to click on the colored texts that link to the founder's Facebook Marketplace for detailed property descriptions. If you have any questions or would like to schedule a virtual or site tour of a project, feel free to message us, reach out to her directly through her social media accounts, or set a schedule for a face to face or online meeting here.
SMDC High and Medium-Rise Condo Buildings
(Available Units as of November, 2024)
Luzon
Cavite
Hope Residences
Location: Governor's Drive, Trece Martires, Cavite
Nearby Places:
✅️SM City Trece (600 m)
✅️Trece Martires People's Park (500 m)
✅️Capitol Complex (550 m)
✅️New Cavite Provincial Capitol (1.8 km)
Property Types:
✅️ Flexi Suite
✅️ Flexi Suite End
Floor Area: 28.52 sqm
Unit View: Amenity
Buildings: A-D
Available Floors: 1st to 7th
Distance Source: Google Maps
Developer: SMDC
Status: Ready for Occupancy (RFO)
Price: From Php 2,700,000.00
Pasay
Coast Residences
This is one of Yan's favorite places. The unit she rented for the Real Estate Brokers' Oath-Taking Ceremony was held at the PICC. The condo is located on Roxas Boulevard, which is just about 1.7 kilometers away from the venue.
One of the most famous amusement parks in Luzon, Star City, is also nearby, only 1.1 kilometers away or approximately a 14-minute walk. Its Ferris wheel can be seen from the balcony facing the condo's swimming pool.
If you believe that 8 is your lucky number, there are many units available that feature this number.
Property Name: Coast Residences
Location: Roxas Blvd., Pasay City
Nearby Places:
✅️PICC (1.3 km),
✅️Star City (1.2 km), and
✅️MOA SM by the Bay (3.2 km)
Property Types: High-Rise Condominium ( HRB Condo Units )
✅️ 1 Bedroom (BR) with Den
✅️ Family Suite A with Balcony
✅️ Family Suite B with Balcony
✅️ 1 BR with Balcony
✅️ 2 BR End Unit with Balcony (availability changes based on demand)
Floor Area: From 20.09 sqm
Unit View: Amenity/Mall of Asia or Manila Bay
Buildings: Tower 1
Available Floors: 7th, 8th, 9th, 10th, 11th, 12th, 14th to 41st (may change)
Distance Source: Google Maps
Developer: SMDC
Status: Ready for Occupancy (RFO)
Price: From Php 5,300,000.00
Mindanao
Cagayan de Oro City (CDO)
Vail Residences
Price: From Php 3,500,000.00
SMDC Low Rise Buildings
Luzon
Bulacan
Joy Residences
Location: SM City Baliwag, Bulacan
Nearby Places:
✅️SM Baliwag (100 m)
✅️Puregold Baliwag (950 m)
✅️NU Baliwag (100 m)
Property Types:
✅️ 1 BR
✅️ Studio
✅️ Studio End
Floor Area: From 24.41 sqm
Unit View: North West/ Linear Park
Buildings: A, F&L, G&J, H, I, and K
Available Floors: 1st, 2nd, 3rd, and 5th
Distance Source: SMDC
Developer: SMDC
Status: Pre-Selling
Reservation Fee: Php 30,000.00
Price: From Php 3,085,000.00
Modes of Payments: Cash/Bank/E-wallet/HDMF/Others
Payment Terms (May change overtime)
Option 1: Spot Downpayment
With this option, the buyer will receive both a standard discount of 5% and a promotional discount of 5%, totaling a 10% discount. These discounts have a validity period, so timing is important.
Under this option, the buyer is required to make an initial payment of 5%, followed by 15% after 35 months, with the remaining 80% to be paid in cash. Payments can be made through bank transfers, the Home Development Mutual Fund (HDMF), and other payment methods recognized by SMDC.
The balance can be paid over a period of either 15 or 20 years, with an approximate interest rate of 8.5%. This rate may vary depending on the national economic conditions and government policy.
Option 2: Give Me 5-Promo
With this option, the buyer will receive a total discount of 6%, which includes a standard discount of 5% and a promotional discount of 1%. Please note that these discounts are valid only for a limited time, so timing is important.
The payment plan allows the buyer to pay 5% upfront, 15% after 35 months, and the remaining 80% in cash. Payments can be made through various methods, including bank transfer, HDMF, or other payment options recognized by SMDC.
The remaining balance can be financed over a period of 15 or 20 years at an approximate interest rate of 8.5%. Please be aware that this interest rate may vary based on national economic conditions and government policies.
Other options are available upon inquiry.
Price: From Php 1,600,000.00
Bulacan
Joy Residences
Location: SM City Baliwag, Bulacan
Nearby Places:
✅️SM Baliwag (100 m)
✅️Puregold Baliwag (950 m)
✅️NU Baliwag (100 m)
Property Types:
✅️ Open Parking
Floor Area: 12.5 sqm
Price: From Php 1,000,000.00
This listing will be updated from time to time. So, check back for updates soon.
Remember, investing within your means is always wise. If millions are not a concern for you, then this is a great investment opportunity!
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