Posts Tagged ‘Real Estate’

Shell Residences at the SM Mall of Asia

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Shell Residences is an investment you may want to seriously consider looking into because it’s  in a very Prime Location at the SM Mall of Asia Complex. Whether for your personal use or rental income possibilities, this investment has all the the checks for a sound fundamentals. LOCATION. LOCATION. LOCATION.

As your own residence, it offers you close proximity to every conveniences you could think of being stones throw away from the SM Mall of Asia which houses a Department Store, Supermarket, Cinemas, Name brand Shops, Restaurants, Hobbies and Sports. And within the Shell Residences are Facilities and Amenities of Country Club and Resort Living attractions to keep your day full. Or you can simply chill in your very own condominium unit for a relaxing stay.

As a potential rental business, it offers you high probability of leasing it to expats and Filipinos alike who wish to be close to the mall and other exciting attractions by the bay and proximity to establishments and Business Districts as if they live in a hotel.

Shell Residences

Shell Residences

TOTAL LAND AREA : 2.2 hectares

LOCATION: Edsa cor. Road 11, SM Mall of Asia Complex, Pasay City

Developments near Sea Residences

SHELL RESIDENCES- is another concept inspired by modern tropical design. Inside the 4-

tower complex lies an oasis providing residents with a relaxed and refreshing atmosphere.

- Maximizes green architecture for ventilation and light conservation

RESIDENTIAL: Various condominiums and hotels

COMMERCIAL: SM Mall of Asia, San Miguel by the Bay, Blue Wave

RESIDENTIAL: Various condominiums and hotels

COMMERCIAL: SM Mall of Asia, San Miguel by the Bay, Blue Wave

EDUCATIONAL: De La Salle University, St. Scholastica’s College, St. Benilde, St. Paul

Manila, UP Manila, Manila Doctors Hospital: San Juan De Dios, Ospital

ng Maynila

PLACES OF WORSHIP: Shrine of Jesus, San Isidro Parish Church

HOSPITALS: San Juan De Dios, Ospital ng Maynila

GOVERNMENT OFFICES: Department of Foreign Affairs, National Statistics Office-Pasay

City, Pasay City Hall, Banko Sentral ng Pilipinas

Leisure/Tourist Destination : SMX Convention Center, The Arena, One Esplanade,

Philippine International Convention Center, Cultural Center of the

Philippines,Cuneta Astrodome, World Trade Center

ARCHITECTURAL CONCEPT: Modern Tropical Design

NO.OF BUILDINGS: 4 Towers

NO. OF FLOORS: 15 physical floors, 16 marketing floors

NO.OF UNITS: 3,117 units ; 587 Basement Parking Slots ; 93 open parking

AMENITIES : Multiple Swimming Pools, Wet Play Area,Grand Lobbies , Lounge Area,

Children’s Playground, Vast Modern Tropical Garden, Jogging Trail, Multi-

Purpose Room

FACILITIES: Grand lobbies with lounge areas , 5 passenger elevators for each

Tower ,Meralco Power Maynilad Water , PLDT ,24 hour security ,Automatic

fire detection and alarm system ,Stand-by genset for common areas & select

residential outlets ,Sufficient fire exits Centralized cistern tank , Sewerage

treatment Plant.

TYPICAL UNIT FINISH:

WALL FINISHES: Interior Walls – Painted Finish

Toilet and bath – combination of wall tiles and painted finish

Living and dining area – painted plain cement finish

FLOOR FINISH: Living, dining and kitchen – 600 x 600 homogeneous tiles

Toilet and bath – 300 x 300 vitrified floor tiles

Bedroom – 600 x 600 Homogeneous Tiles

Balcony – vitrified floor tiles

DOORS: Main door – steel moulded or solid wood door

Toilet and bath – PVC door

Bedroom – Glass on laminated wood frame sliding door(1BR)

Laminated wood door (2BR)

WINDOWS: Tempered glass on powder coated Aluminum frame

BALCONY RAILING: Powder Coated Aluminum Railing

Kitchen cabinets and equipment : Laminated overhead kitchen cabinets

: Granite Counter top on under counter cabinets

Unit Count and Sizes: Type of Unit No. of Unit Average Area

1-Bedroom Unit                                                                 1,193 units                           28.91square meters

1-Bedroom Unit w/ Balcony                                        1,624                                        29.30

1-Bedroom End Unit                                                        55                                              35.81

1-Bedroom End Unit w/ Balcony                                95                                              34.88

1-Bedroom Unit w/ Garden                                           43 units                                  33.91sq.m.

PRICE RANGE : Php 2.2 M – P 9.0 M

2-Bedroom Unit w/ Balcony                            6 units                               108.07 sq.m.

2-Bedroom End Unit w/ Balcony                  100                                       72.62

4-Bedroom Unit w/ Balcony                                       1 unit                                   262.70sq.m.

Total number of Units – 3,117

DEVELOPER: SM Development Corporation

ARCHITECT: ASYA Design Partners by Arch. Albert S. Yu

INTERIOR DESIGNER: M-Contemporary Concept Inc.

SHOWROOM: Grand Showroom

CONSTRUCTION SCHEDULE: Tentative Ground Breaking – January 2012

TURN-OVER SCHEDULE: Tentative 2nd Half of 2015

* Information given is a general overview of the period. The developer reserves the right to

modify.

Contact Us now for more information and  Unit Computation.

We have very flexible terms of payment to suit your investing preference.

SAMPLE COMPUTATION
TOWER C – ONE (1) BEDROOM with BALCONY
26.10 sq.m
TCP : P 2,495, 000.00
Term of Payment Used:10/10/80
10% Spot Down
10% Balance Down payable in 36 months interest free
BALANCE of 80% Bank Financing at a minimum of 9.0%/annum
Computation of Down payment and Amortization
TOTAL CONTRACT PRICE: P 2,495, 000.00
less Discount (3%) : P 74,874.53
NET Contract Price: P 2,420,943.19
Less Reservation Fee: P25,000
SPOT DP (10%): 217,094.32 payable 30Days after the Reservation Date
BALANCE DP(10%) : P 242,094.32  payable in 36 months interest free
MONTHLY DP BALANCE PAYMENTS: P 6,724.84
payable beginning 30 days following the 10% SPOT Downpayment date for 36 months
BANK FINANCING Balance:
80% = P 1,996,654.18
At 9.0%/annum
5 YEAR LOAN= P41,447.26/month (factor 0.01672210)
@ 10% / annum
10 YEAR LOAN = P26,285.93
(factor 0.01064553)
@ 10.5% / annum
15 YEAR LOAN = 22,070.99 (factor 0.00890465)
Take advantage of this very flexible term of payment and own a Condominium at the prime Shell Residences today.
Arelle V. White, R.N.
Real Estate Broker License No. 5632
Mobile No. +63929.741.8885
Tel. No. +632.455.3628
Email: realty@wowislands.com
http://wowislands.com/smresidences/
Gmail/YM: wowislands


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Want a great retirement?

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I have been meeting people the last few days who are living a great life at retirement time and they shared with me why.

One is Ma’am V who just acquired a $ 600K luxury condo and Sir F who bought at least 3 vacation condotels and buying more.

They have travelled the world with their families spending quality time and love and keep travelling to this day and have sent their children to ivy league schools.  Also, they own a lot of rental properties in America, Canada, Mexico, Caribean and now have been investing in the Philippines. They are both Filipinos.

They say it all boils down to “SAVING”, consistently.

Today as i open the net to check my mail, i saw this link on Yahoo’s front page. This explains in figures what we

should be saving to be able to travel and have investments in the future and have a great retirement.

Based on the article, I should be saving at least $671 a month…check how much should you save to have a $1 Million on retirement.

Similarly, author Al Sembrano who wrote 10 Secrets of the rich say the same thing… You can

get his book at any National Bookstore, Powerbooks or online at http://sikreto.com

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Real Estate is booming in Boracay

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In the locally distributed monthly paper called Philippine Wide Boracay, the December issue says “Real Estate in Boracay is Booming”.  I believe this is true because of the so many Condominium Hotel developments in the Island. I saw at least five such as The Crown Regency Boracay along the Main Road, which will boast of the largest swimming pool in Boracay and the biggest Convention Center; The Alta Vista De Boracay in Yapak which has at least 2 of the 18 clusters already operating; Alice in Wonderland along the white beach, 7 Stones also on a beach front on the other side of Boracay Island where kiteboarding is a hit, and Paradise Garden View which is located on a high part of Boracay which has overlooking the sea units.

 

Any real estate agent who will seriously market properties in Boracay can make a killing in a great opportunity. I say these because there are at least half a million tourists who visited the island last year (2007), and hitting 1 Million tourists by 2010.  Also, a lot of these tourists are Balikbayans who are very interested in investing and Tourists who fell with the island who wants to own a piece of Paradise.

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