If there is one thing about city living that everyone can relate to, it is that sometimes, one needs to take a breather. What if you could take that breather and recharge without having to leave the big city? That would only be possible if you lived in a serene and comfortable abode.

This is the reason why more and more designers and home owners apply the Zen philosophy in their own homes. Zen is a sect in Buddhism relating to meditation and calmness. Applied to interior design, the Zen style reflects simplicity, harmony, and balance. It creates an atmosphere that neutralizes the everyday hustle and bustle of city living.

Fancy your own zen paradise at home? Start with these 10 simple ways to turn your condo into a zen paradise.

1. Let there be light
Zen design is bringing the nature in. Letting natural light fill your home brings the outside in and makes your home look more calm, warm, and fresh. In addition, tables and floor lamps with diffused lighting also give rooms a warm soft glow and relaxing atmosphere.

2. Bring in plants and flowers
Using fresh flowers and plants is another way of bringing in nature. These pleasing elements enhance your interior space and add to the space’s calm, soothing atmosphere. If you are not sure how to take care of your leafy friend; succulents, snake plant, and golden pothos are low maintenance houseplants forgiving enough to first-time gardeners.

3. Tidy up
Aesthetics aside, a clean home is a comfortable home. Housework, like meditation, is a mind and spirit detox. Clear the table, do the dishes, and make your bed daily so you can face the day with a fresh and clear mind.

4. Clear the clutter
Make it a habit to dispose of unnecessary items that clutter your condo. This does not necessarily mean throwing them in the garbage – try donating them to charitable institutions. Surround yourself only with the essentials and things that bring you comfort. Take de-cluttering tips from the popular KonMari method and other organizing techniques.

5. Stick to soft color palette
A Zen-inspired design is about creating a clean base. Natural colors in soft hues have the power to induce calmness and relaxation. Clean white walls open up space, beige tones warm up the room and soft blue in the bedroom are said to help you catch some z’s.

6. Keep furniture simple and natural
Zen style furniture is simple and minimalist, free from complicated detail and excess trimmings. Invest in pieces made of earthy materials such as wood, rattan, clay, and cork. The earthy ambience of the furnishings will add warmth and character to your condo.

7. Choose natural and light fabrics
Fabrics should also be natural, light, and comfortable. One of the staples of a zen décor are curtains, as it provides a sense of intimacy and privacy to spaces. Use natural textiles, such as linen, for your curtains for that airy look and feel. For your bed, go for natural textiles like linen, mohair, and fleece for throws, blankets and covers.

8. Leave a blank space
“Ma” is the Japanese word for space. It suggests adding a negative space or interval in room designs. Negative space means leaving a particular spot unadorned to provide visual balance to the whole room. This approach will not only make a room look cleaner and more spacious, but will also help the positive energy flow throughout your home.

9. Enjoy aromatherapy at home
Fresh scents can be both soothing and invigorating. Lavender is a relaxing fragrance that can help you unwind at night, citrus is bright zest that can refresh the kitchen, while a whiff of peppermint can promote concentration. You can also create your own homemade stovetop potpourri by simmering water in small sauce pan with slices of citrus, your favorite herbs, spices and essential oils.

10. Keep the electronics to a minimum – and cords out of sight
Electronic gadgets at home are often a distraction and do not go well with the zen philosophy. As much as possible, keep the gadgets out of sight. Make sure to organize and tuck away all cables and cords for an uninterrupted serene atmosphere.

 

The Grand Midori Ortigas is a two-tower Zen-inspired sanctuary designed by world-renowned Japanese architecture firm Tange Associates. The Grand Midori Ortigas will feature minimalist interior design and Japanese gardens that will foster relaxation and recreation amidst the hustle and bustle of the city.

 

Your home should always be a place for you to relax and unwind even if you reside in the middle of a bustling metropolis. This balance of bliss and excitement can be found at The Grand Midori Ortigas. Discover inspired living from the land of the rising sun where you can live and unwind with zen-inspired amenities in a Japanese themed residence.

Interested in a zen-inspired condominium residence? Check out www.midori.com.ph.


When you look at the list of wealthiest men in the country, you will notice that most of them made their fortune, or have interests, in real estate. Passive income, value appreciation, great returns, tax benefits – these are just a few of the reasons why investing in real estate is a good choice. Now the question is, “How do I get into this?”

Like in any other investment, it is best to exercise due diligence before cutting a check in the millions of pesos. Here are a few things you should know before you start spending your hard earned money on real estate.

The Right Location
When it comes to properties, the reason why you hear everyone talk about “location, location, location” is because it is a tried and tested rule. Location, more often than not, determines how much rent you can charge, what kind of renters you will have, and if the rent agreements in the location is seasonal, short-term or long-term.

If you are on the hunt for a profitable rental condo, look for a neighborhood near business hubs, good schools, public transportation, shopping centers, and other establishments. Condominiums with plenty of amenities also make your rental condo appealing to prospective tenants.

The Potential to Appreciate
Most properties appreciate a little bit over time. As an investor, you should be looking for a property that increases in value more than the rest. Choose the areas with high property value appreciation rate such as Makati, Bonifacio Global City, Ortigas Center, and Bay Area in Pasay. Industry experts also recommend investing in the fringe areas of established business districts.

Another thing to consider is the appreciation potential you can get from dressing up your condo. How much more can you charge for rent after repainting the walls, versus leasing it out as-is? How much will your condo be worth once you add a furniture or even another bedroom? You stand to earn more on your initial investment if you’re willing to upgrade your condo after you buy it.

A Safe Margin
A sound financial strategy on your real estate investment is a must prior to purchase. You will need to factor in the cost to maintain the property versus expected profits. Maintenance costs will include your monthly amortization, association dues, property taxes, insurance, and general upkeep.

While working on the numbers, consider setting aside at least 1% of the property value annually for maintenance costs and at least 2% for annual real estate tax. Set a goal of at least 10% return on investment.

Low Maintenance
Go for low maintenance investments. With several home flipping shows on TV, it is tempting to just buy a fixer-upper unit and go the DIY route. Unless you are an expert at large-scale home improvements though, this journey might cause you to spend too much on renovation and put your cash flow in the red. It would be better to purchase a condo that has a competitive price tag and needs only a paint job and few decors.

Similarly, short-term rentals, such as student dormitories and vacation rentals, may not be as attractive an investment. Because of the high turnover of short term rentals, you will need to spend more on maintenance to keep the rental usable and profitable. If you prefer a steady occupancy, low- maintenance condos in good locations are the ones that attract stable long-term renters.

Taking inspiration from the beauty of the islands of Hawaii, Mi Casa is your tropical-inspired residence in Bay Area, Pasay with amenities that will make your day vibrant and relaxing at the same time.

With the rising demand for condominiums for rent in the Philippines, renting out a condo is a good source of additional income. As with any other investment, a rental condo will not give you immediate big returns. Keep your expectations realistic and stick to the basics when starting out. Over time, your rental condo will prove to be a rewarding investment.

Looking for your next investment? Check out Federal Land, Inc. condominiums in the Bay Area and Ortigas.


In today’s fast-paced environment where work eats up time and energy, many young professionals or yuppies believe that a mix of work and play is the key to work-life balance. For some, this reward system means spending on things that bring instant gratification such as trendy gadgets and stylish outfits. While these purchases can be satisfying, an investment today is more rewarding in the long run.

One worthwhile way to enjoy your hard-earned money is to invest in a condominium that can elevate your urban lifestyle. Condominiums, especially in a convenient location, are increasingly becoming popular among young, single and independent adults. Before you start your hunt for your very own condo, here are a few reasons why young adults should start investing in real estate.

Independence
Living alone is liberating for many young adults. It gives you the chance to create a space that is truly your own – where you make your own rules and schedule. It gives you the freedom to make your own decisions and the privacy to pursue your interest. #NoJudgement

It also gives you the chance to be responsible and capable. Living alone means you are the only person you can rely upon to tend to your needs. More than the financial obligations, you have the grownup duty to deal with the housekeeping, cooking your meals, looking after your safety and security.


Convenient Location
Living in a condo near your office means you do not have to worry about traffic. Instead of commuting for hours, you can hang out with family and friends, work on a freelance job, or chill at home.

A well-located condo can also help you start a habit of walking and exploring the city. You will find that most condos are near shopping centers, restaurants, and other cool places. Who knows, maybe you will also find the one.


More Time for R&R
Housekeeping may be a tedious task, but at least cleaning up a condo is easier than cleaning an entire house! Because you need less time for upkeep, you can have more time for relaxation and recreation. Go down (or up) your condo’s amenity deck and enjoy a day by the pool or at the game room.

Moreover, you have more time to pick up new hobbies or learn new skills. Rediscover interests you have left behind, like learning photography, trying your hand at DIY projects, or developing a real workout routine.

Assume Financial Responsibility
Independence comes hand in hand with responsibility. As a young adult living alone for the first time, learning how to budget is a must. Living in a condo means there are bills to pay, so it is time to spend and save wisely. Gather your receipts and bills to study your spending patterns and discover unnecessary expenses you can cut back. Create a personal budget system that you can stick to. #ChallengeAccepted

Budgeting does not have to be rigid and unexciting. You can add a reward portion to your monthly budget. The reward portion can go towards that new shoes or dream vacation you got your eye on.


Investment Opportunities
Owning a condo unit is not only an ideal bachelor/bachelorette pad but also a wise investment. If in the future you decide to start a family in a bigger home, you can turn your unit into a rental pad to give you another source of income.

Investing early is always a good move. If you are in your 20s or 30s, you have 30 to 40 years or more to profit from your condo unit before you retire. The temporary dips in the real estate market will not hurt you much because you have years to regain your losses. So, if you can take the risk, now is the best time to invest.

Great beginnings
Purchasing a condo for yourself is like turning a new chapter of your life. There is no more rewarding way to go through adulthood and career goals than by living in a condo in the big city. Living independently in your dream condo will teach you valuable life lessons and open new doors so you can conquer the world.


Condominiums, such as Quantum Residences by Federal Land, Inc., can help yuppies achieve their dream condo lifestyle. Quantum Residences is a hip and modern condominium community equipped with the latest digital technology provisions and a full set of amenities to help motivated and hardworking young professionals in their pursuit of career, interests, and causes.

Strategically located at Sen Gil J. Puyat Avenue corner Taft Avenue, Quantum Residences offers a convenient city address with Manila’s university belt in the North, Makati Central Business District in the East, and Bay Area Central Business District in the West.

To reserve preselling condo units, email invest@federalland.ph.


Ready-for-occupancy or RFO condominiums are units sold after the construction of the building is done and the units are ready to be turned over to residents. While a preselling condo may seem practical due to its low introductory price, purchasing an RFO condo unit has several advantages. Here are the top reasons why an RFO condominium unit is a good buy.

Ready to Live In
As the term suggests, RFO units are fully-constructed and available for turnover. Unlike preselling units, you do not have to wait for years to move into your RFO condo.

Inspecting your unit to check out its actual size, features, and even the view from the windows is possible. Some RFO units come unfurnished, allowing you to design it the way you would like, while some units have already been furnished by previous investors. The bottom line is, if you have urgent housing needs, then RFO unit is the way to go.


Oriental Garden Residences in General Trias, Cavite is a thoughtfully designed low-rise condominium that brings in the Florida lifestyle into your home.

Flexible payment options
There are great deals to have even for RFO units. Some real estate companies like Federal Land, Inc. offer flexible payment terms, one of which is a lease-to-own plan. The lease-to-own or rent-to-own plan gives the buyer the option to purchase the leased unit within a specified period. It is ideal for buyers who are looking for an easier way to deal with their amortization.

Among Federal Land’s condominium offerings with lease-to-own options include the Oriental Garden Residences in General Trias, Cavite, The Capital Towers in E. Rodriguez Ave., Quezon City, Paseo de Roces in Makati Central Business District, and Park West in North Bonifacio Global City.

Ready for Investment
RFO condo units make lucrative investments. Since you do not have to wait a few years for your unit, you can immediately rent it out to generate a steady income stream. Simply furnish it, list it online, and prepare to be a landlord.

Value Appreciation
RFO units sell at a higher price compared to preselling units. The price difference is indicative of a thriving property market that may carry over through the years. This gives you the advantage to sell your unit at a profit after some years.


Paseo De Roces in Makati Central Business District matches the vibrance of Makati City with its outstanding amenities, exclusive community, and convenient location.

Tips when buying an RFO condo
Here are a few things to consider before you commit to the purchase:

  • Have a substantial amount saved up to cover the down payment, transaction fees, and taxes.
  • Make sure you understand the terms and conditions of the contract before signing. Better yet, consult a lawyer.
  • Visit the area on different occasions to see if the neighborhood is right for you. Signs of a good neighborhood are its proximity to your work and points of interest, light traffic, safe surroundings, and low risks of flooding and earthquake.
  • Check the condominium policies and monthly dues.
  • Verify that the property title is “clean” with no unresolved issues or pending ownership cases.


With roads leading to Manila, San Juan and Makati, The Capital Towers in Quezon City offers a life where the avenues of your interests come together and opportunities are within reach.

For over forty-seven years, Federal Land, Inc. has been creating properties that redefine the key areas of Metro Manila, Cavite, and Cebu. It is the developer of iconic landmarks such as the GT Tower International in Makati CBD, Metro Park in Entertainment City, and Grand Hyatt Manila in North Bonifacio Global City.

Among Federal Land’s condominium properties with ready for occupancy units are One Wilson Square in Greenhills, San Juan; Paseo De Roces in Makati CBD; Florida Sun Estates in General Trias, Cavite; Peninsula Garden Midtown Homes in Paco, Manila; The Capital Towers in Quezon City; Tropicana Garden City in Marikina; and Marco Polo Residences in Cebu City.

For more information on ready-for-occupancy condos, email invest@federalland.ph.


Real estate can be a lucrative investment that presents opportunities to gain a steady stream of income. According to Colliers, Metro Manila is one of the most attractive real estate hotspots in Southeast Asia due to the high rental yield and strong demand for condominiums for rent.

While it is an appealing business venture, renting a condo is more than just advertising a lease and collecting rent every month. To be a successful landlord, you need to constantly learn and adapt. For first-time landlords, here are a few tips to get you started.

Know the rules
The very first thing you should consider is how freely you can rent out your condo. Some condominium communities will have no qualms about a bed and breakfast rental in their midst, while some communities can vet the lessees. Aside from the boundaries, you should also know the rules and regulations of the Homeowners’ Association (HOA) so you can lay it out to your tenants.

Target the right market
Will you be leasing your condo to families with small children, or to young professionals starting their careers? Before you decide on the price and the furnishing of your rental condo, identify your market first.

The location of your condo can help you define your target market. If your condo is within the university belt, then students and university employees are practically a captive market. If your condo is in a business district, you can offer your rental condo to young professionals, business executives, or expats working nearby.


Ask the right price
Like in any business, pricing should be on point. Ask too low, you lose money. Ask too high, you lose potential tenants. You want a price that will attract tenants and ensure a good profit.

There are several considerations to make in pricing your rental condo. First, consider the prices of similar units in your area, so you know what you will be up against. Whether you can match their rate will be based on how much you furnish your unit, your repair fund, and the fees of a property manager if you choose to hire one.

Spruce up your unit
Before you advertise your condo unit for rent, make sure it is in tiptop shape and more than livable. Check if all windows open and close properly, faucets don’t leak, and electrical wirings are safe. Then decide if you want to furnish your rental unit or offer it bare. Generally, unfurnished units are more affordable and get leased out quicker compared to more expensive furnished units. So depending on your target market, you can keep your unit sparse or fully furnished. For instance, if you are renting out to a small family, they may prefer to furnish the condo themselves. If you are renting out to students, however, you can provide bunk beds, study tables, and built-in closets to make your condo conducive to living and studying.


Advertise online
An eye-catching listing will attract the right client and help you stand out from other rental properties online. Post photos that highlight the best features of your unit and the amenities. Write an informative description that includes the unit features, list of amenities, and the nearby establishments.

Screen tenants
As a landlord, you take the risk of a tenant messing up your unit, disregarding HOA rules, and missing monthly payments. To avoid stress, choose a tenant that is responsible and tidy. Create a checklist of all the qualities you want in a tenant and use it as a guide when meeting with potential renters.

Ideally, conduct a thorough background check on all potential tenants. Ask for IDs and call the previous landlord to probe how he/she is as a tenant.

Write the contract
Before you rent out your unit, you will need to prepare an official lease agreement. Your lease agreement should clearly define the duration of the lease, the terms of the monthly rent and initial deposit, and the responsibilities of both landlord and lessee. The contract should also plainly state all your house rules and reasons for eviction or pre-termination.

Depending on your condominium administrators, you might need to secure a permit prior to renting out your condo. Attach the leasing permit to your contract, together with the Proof of Ownership, the Official Receipt and Tax Registration, and a list of inclusions as an annex.


Build a network
When your tenant calls you about a leaky faucet or burnt-out light bulb, you should have a handyman lined up to do repairs. Unless you are willing and capable to handle the maintenance yourself, it helps to have a network of trusty plumbers, electricians, and repairmen you can turn to when the need arises.

Manage the finances
You might want to open a bank account solely for your rental business. This will help you see how the cash flow is going, especially the income and the expenses. For instance, the two- month advance and security deposit you required may cover the unpaid rent and the repair damage. Once the tenant vacates your condo, you will have to return the deposit less damages incurred.

Nurture a healthy landlord-tenant relationship
Since you are practically letting a stranger into your property, establishing trust is important. As a landlord, you must reach out to build a healthy landlord-tenant relationship. Respect each other’s time and learn to compromise every now and then. Mutual respect and professionalism are the keys to smooth tenant relations.

Undoubtedly, renting a condo is a great additional source of additional income. With the rising demand for condominiums for rent in the Philippines, anyone can be a landlord. Like any business endeavor, however, leasing out your property requires a whole lot of planning and commitment. Take precautions when starting as a landlord. Over time, your condo rental will prove to be a rewarding investment.

Want to invest in a condo for rent? Check out Federal Land condos in the Bay Area and in Ortigas.

People around the world have been clearing out their closets and simplifying their homes to the tune of Marie Kondo’s sensational tidying techniques. Marie Kondo is a renowned tidying expert that aims to organize the world one home at a time.  In her bestselling book The Life-Changing Magic of Tidying Up, Kondo introduces the KonMari Method, which focuses on appreciating things that speak to the heart and getting rid of the excess.

Here are 11 tidying tips to transform your condo into a home that sparks joy.

Tidy all at once

Marie Kondo claims that decluttering your entire space in one go ensures that you will not go back to your old, hoarding ways. Rather than decluttering little by little, tidying in one go resets your space and teaches you to live a more thoughtful and mindful life.

Visualize your dream life

Before you start tidying, imagine the kind of life you want to live. What do you want your dream home to look and feel like? What would less clutter mean? Dig deep and specify how you want your room to be like. Remember, the more exact you are, the better.

Discard and organize

The KonMari method is a two-part system: discarding and organizing. Though Kondo’s bestseller book is titled The Life-changing Magic of Tidying Up, it focuses more on purging your condo with things that don’t speak to your heart. Discarding what you do not want, then organizing the essentials are the key to tidying effectively.

Keep only the things that spark joy

The KonMari method asks you to decide what to keep, not what to throw away. Hold each item in hand and ask: ‘Does it spark joy?’ If it does, keep it. If not, sincerely thank the item for its service then place it on the discard or donate pile.  The result is a home full of things that give you joy and pleasure.

“Someday” never comes

If you are holding on to some stuff because you think it will come in handy someday, discard it.  Though it is good to be prepared, these “someday” items are often left unused and become dust collectors. It is better to donate them, so they can be of use to others.

Organize by category, not location

Since we normally keep similar items in different areas around the condo, organizing room by room only compartmentalizes clutter.  Kondo advises to organize by category, and not by location. Kondo emphasizes that working by category keeps you on track of all items stored in different rooms.  This also helps you build an effective mental inventory of all your things.

Work in the right order

Kondo advises to begin with clothes since it is the least emotionally valuable possession. Then move on to books, papers, and komono or miscellaneous items.  Save the mementos for last, since they are the hardest things to let go of. Working in this order strengthens your “spark joy” meter which will help you tackle the last category, sentimental items.

It’s not about storage

Kondo believes that putting things away only creates the illusion of zero clutter. The issue is never about the lack of space or storage; it is having more than what you need or want. Kondo suggests to keep storage as simple as possible. This means that storage should not be scattered and stacks are to be avoided at all cost.

Fold the “hikidashi” way

The KonMari method promotes folding clothes into a small, smooth, simple rectangle that can stand up on its own.  Start by folding in the sleeves, fold the short end of the rectangle towards each other, then fold in thirds.  The goal is to easily see and reach for your clothes in the dresser.

Paper rules

The general rule is to discard almost all documents and papers. However, there are three categories you should keep:  papers you need to deal with such as bills; papers you need for a limited time such as warranties; and papers you need to keep forever such as marriage certificates, and real estate titles.  These documents should be filed per category and organized in one place.

A grateful heart

One of the key takeaways from Marie Kondo is to respect and thank your possessions. The KonMari method takes its roots from Shinto religion, where objects are respected and treated with value, regardless of actual monetary worth. Kondo asks that you consider the feelings of your possessions. Before tidying, greet and thank your home for its service.  Always thank your items for their service before launching them on a new journey.

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Marie Kondo’s philosophy is more than cleaning your home.  It is about recognizing what truly makes you happy and shedding what weighs you down. Followed to a T, the KonMari method will help you transform your condo into an oasis in the midst of the business of life. When everything flows, joy and serenity will come easily.

With picture-perfect beaches, a thriving economy, and a large English-speaking population, the Philippines has become a top expat destination. Legally, a foreigner can own a condominium unit provided that foreign ownership in the given condo development does not exceed 40 percent.

If you’re a foreigner thinking of moving and settling in the Philippines, here are a few things to consider before buying your condo.

Your Short and Long-term Plans
Do you plan to raise your family in the Philippines, or are you just staying for a few months? Practically, it is better to buy a condo than rent one when you plan to stay for more than a few years. And, if you are looking for an additional steady source of income; a condo unit can be a rewarding investment. Rent it out in the long term and collect monthly rent with minimal to zero effort.

Set a budget
Before you start the search, set a budget you are willing to work with. If you plan to take out a home loan, ask reputable banks about their mortgage options for foreigners.

Aside from the Total Contract Price of the condo unit, take note of the transaction fees and taxes you need to settle. Adding these to your computation will help you set a sensible budget.

Location, Location, Location
The neighborhood you choose to live in can either further or get in the way of your lifestyle. A condo within or near the central business district will mean that your work, elite schools, upscale malls, and fancy restaurants are within your reach. Plus, condos in prime locations appreciate faster.

A Support Network
If you are coming to the Philippines for the first time, it may be wise to settle in an area with a significant expat population. Filipinos will treat you like family and make you feel at home, but it is natural for expats to seek communities that they can truly identify with. Business districts like Makati, Ortigas, and Bonifacio Global City have expat clubs that will show you the ropes and help you settle in.

Outside the capital, you will find the areas of Clark, Subic, Cebu City, and Davao City have a sizeable number of foreign residents.

One Wilson Square in Greenhills, San Juan City is an upscale condominium that offers spacious and well-appointed ready for occupancy units that provide full access to an enhanced level of luxury.

Track record of the developer
If you are planning to purchase a condo unit in its pre-selling phase, it is important to choose a developer with a solid track record of delivering your unit as promised. Federal Land, Inc. is a reputable developer that has handed over thousands of condo units to satisfied homebuyers.

Local help
As a foreigner, you might not be familiar with the ins and outs of real estate acquisition. To protect you and your purchase, get the right, qualified local help to guide you. A lawyer can help you verify the authenticity of the property title and make sure everything is legal. A licensed broker or a trusted property specialist will guide you through the acquisition process.

Final Check
Before you finalize the sale, do a final check on the property. Carefully check the unit’s condition, size, amenities, and electrical and water connections. Ask for the condominium house rules and make sure you are comfortable with them.

Valencia Hills Tower E in New Manila, Quezon City is an upcoming vertical residence that sits in a quietly elegant residential enclave along N. Domingo and Valencia Streets.

Like in any property purchase, gather all the facts before deciding. Do your due diligence and choose a reliable developer with a solid track record of building high-quality properties like Federal Land, Inc.

Prime real estate developer, Federal Land, Inc. has been creating properties built on the values of trust, reliability, and integrity. It is the developer of many large-scale developments: residential condominiums, office buildings, retail and commercial centers, mixed-use townships and master-planned communities.

To know more about pre-selling and RFO condos for sale, email invest@federalland.ph.

As it is one of the most important central business districts in the country, the Bay Area is bustling with real estate projects: it’s become the well-known site of SM Mall of Asia, the Solaire Resort and Casino; City of Dreams Manila, Okada Manila, and Metro Park.  With foreign investors boosting its growth, the Bay Area is set to overtake Makati CBD by 2021.

If you’re looking into owning a condo in the Bay Area but still aren’t convinced that condo living is for you, take a look at the advantages of living in a Bay Area condo:

The Central Business Park

If you work in the Bay Area, then buying a condo for sale near your workplace saves you from a long commute. A shorter commute means more time for yourself and your family, and condo living ensures that convoluted traffic won’t be a problem ever again!  Federal Land condominiums, such as Mi Casa, are located within the Central Business Park island of Bay Area.

The Entertainment City

On the western side of Roxas Boulevard lies Entertainment City, the Philippine version of the Las Vegas Strip.  Entertainment City boasts four mega-casino resorts with high-stakes tables, a vibrant nightlife, and big-name Broadway plays.

A Foodie’s Paradise

From gourmet food to seaside markets, the bay has a lot to offer to food enthusiasts: there’s Dampa, along the seaside of Macapagal Avenue, where you can buy fresh seafood and have it cooked at nearby restaurants; Sofitel manila offers Spiral, a grand buffet with 21 dining ateliers; a yacht cruise dinner; and a diner with singing cooks and waiters!

Road Accessibility

Mi Casa is between Macapagal and Roxas, the two most traveled boulevards in Pasay City. These boulevards seamlessly connect Mi Casa to other spots in Metro Manila, including the Makati Central Business District, Manila’s University Belt, Ninoy Aquino International Airport, and the upcoming Sangley Airport.

Convenience and Comfort

New condos like Mi Casa have various retail stores on the ground level of the building. If you want a quick snack or a new haircut, head down to the commercial level to find the shop you need!

Safety and Security

For those who prioritize home safety and security, living in a condo is something to consider. Condominiums have secured entry and exit points, CCTV cameras at all common areas, and 24/7 roaming security guards. Some condos also use key cards instead of keys, restricting elevator access to residential floors and ensure the privacy and safety of the residents and their homes.

Resort Amenities

Condo living makes amenities like the pool and gym more affordable and more accessible to most city folk. Why break the bank building a backyard pool or indoor gym when you could buy a condo that comes with one?

Newer condominiums in the Bay Area even have other amenities that complement the stunning Manila Bay sunset. Residents can enjoy lounge pools, the wet play area, the kids’ playground, and alfresco dining. Indoor amenities also include a fitness gym and meeting and function rooms.

Investment Potential

Condos are also a great investment opportunity – they’re easy to purchase and appreciate rapidly. Should you move to another city, you can resell or rent out your unit.

Real estate agency Colliers International Philippines notes that the Bay Area condominiums are among the most sought after and expensive – even going beyond PHP300,000 per square meter.  The demand stems from the influx of Chinese expatriates working in the Philippine Offshore Gaming Operations (POGO) and the city’s rise as Entertainment City.

So, are you ready to pick your condo?

Prime real estate developer Federal Land, Inc. has several condominiums available for pre-selling and ready for occupancy in the Bay Area, Pasay City.  Its master-planned integrated community called Metro Park is home to several premier and luxury condominium properties such as the Bay Garden Club and Residences, Palm Beach West, Palm Beach Villas, Six Senses Residences, and its latest development, Mi Casa.

Mi Casa is a vibrant vertical residence reminiscent of Hawaii’s reinvigorating aesthetic of open sea and air.   With its sparkling water features, resort-like amenities, and island aesthetics, Mi Casa takes you to experience Hawaii’s reinvigorating sense of open sea and air.

It’s also a stone’s throw away to the world-class casino-resorts, upscale malls, event centers, and the offices of the Bay Area Business District. You need only walk to get to work, the grocery, or fine dining restaurants.

For more updates, check out the Mi Casa Showroom and Information Center at Metro Park, Bay Area, Pasay City or visit the website at www.federalland.ph.

Choosing a condo for investment is not an easy decision to make. After all, there are several options on the market, each better than the last. If you are interested in the Bay Area, then a Mi Casa condo is your best bet to grow your investment. Here are five benefits of buying and investing in Mi Casa at Metro Park.

The Luxury of Resort Living

Mi Casa brings in the modern tropical paradise of Hawaii into Filipino contemporary living. With its sparkling water features, lush greenery, resort-like amenities, island aesthetics, and the Manila Bay sunset, Mi Casa takes you to experience Hawaii’s reinvigorating sense of open sea and air. You will feel like you are on a 5-star vacation on an island while being at home.
For a close community life, Mi Casa has thoughtfully designed spaces that evoke Hawaii’s love for gathering. There are various swimming pools, barbeque area, kid’s playscape, fitness gyms, function rooms, library, movie room, and lounges. Residents can host barbeque parties, movie nights and play dates all within a neighborhood that embraces the sun, wind, and sea.

The Prestige of a Federal Land Inc. Condo


Mi Casa is Federal Land’s first Hawaiian-inspired condominium community. To capture the character and aesthetics of the popular island destination, Federal Land partnered with top design firms such as the Callision RTKL and AIDEA Inc. for the architecture’ Chat Fores Design Studio for interior design; and CREARIS for the landscape.

Founded in 1972, Federal Land has since developed over 55 large-scale projects that redefined the key areas of Metro Manila, Cavite and Cebu. Federal Land is best known for its many iconic developments GT Tower International in Makati, Marco Polo Residences in Cebu, Grand Hyatt Manila in Bonifacio Global City, and the upcoming Norman Foster luxury condo The Estate Makati.

The Convenience of Metro Park Community


Blue Bay Walk at Metro Park

Mi Casa is part of the Metro Park community, a sprawling 36-hectare master-planned community in the business district of Bay Area, Pasay. Metro Park is a modern and vibrant community home to deluxe resort residences of Bay Garden Club and Residences, Six Senses Residences, Palm Beach Villas, and Palm Beach West; stylish shopping centers of Blue Bay Walk, and Met Live; PEZA-accredited office towers iMet BPO; spacious event centers of Le Pavillon and Le Parc; elite Nursing school Manila Tytana Colleges; and a pet-friendly park – all set within the emerging Entertainment City.

With a workplace, mall, school, and park just a stone’s throw away, a balanced live-work-play lifestyle awaits residents looking to live the good life.

The Accessibility of a Strategic Location

The South Luzon Expressway and The Metro Manila Skyway

Though it is located on the western coast of Metro Manila, Bay Area is set in a strategic location that can easily access the important places of the metropolis. Bay Area is near the central business districts: Makati, Ortigas, and Bonifacio Global City. The universities along Taft and España Avenues are also just a short drive away; while the theaters at Cultural Center of the Philippines and amusement rides of Star City.

Travel to and fro Bay Area is also convenient with numerous roads and skyways connecting the area to the rest of Metro Manila. There is the Metro Manila Skyway System, Manila–Cavite Expressway or Coastal Road, C5 South Link Expressway, NAIA Expressway, Macapagal Boulevard, and more. Mi Casa is also near the Ninoy Aquino International Airport and Port of Manila, providing more convenient transportation between the other destinations in the country.

The High Return on Investment

Colliers International Philippines projects that the Bay Area will be among the most in demand and expensive condominiums for sale that will go beyond PHP300,000 (USD 5,700) per sqm. The high demand and the subsequent soaring price can be attributed with the influx of Chinese expatriates working in the Philippine Offshore Gaming Operations (POGO) and the rise of Bay Area as the entertainment capital of the country that houses four major casino resorts: Solaire Resort and Casino; City of Dreams Manila; Okada Manila; and Resorts World Bayshore.

Based on the other residences in Metro Park such Bay Garden Club and Residences and Palm Beach West, the prices per square meter has risen exponentially over the years. In 2017, Palm Beach West is worth around Php 212,000 per square meters; which rose to Php 312,000 per square meter in 2019. That is a 47% increase in just two years.

“The best thing about investing in a Federal Land condo is its quality. I know I can resell or lease at high market value because its value is justified. The community is in a great location, the amenities are well-planned, and the unit itself spacious and wonderful,” shares one of the Federal Land condo investors.

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To learn more about Mi Casa, visit the website at www.federalland.ph or visit the Mi Casa Showroom and Information Center located at Metro Park, Bay Area, Pasay City.

The dream of owning a big house with a large lot in the quiet part of the city has shifted to living in condominiums conveniently close to business centers and main hubs. While the condo life is often associated with independence, convenience, and excitement, many would-be homebuyers are skeptical of condominiums.  Chief of their concerns is the myth of the 50-year rule of a condominium building lifespan and stakes in the condominium corporation.

Here we will answer a few important questions to allay concerns.

How long is the lifespan of a condominium building?

Though the lifespan of condominium buildings is not specified, the section 8C of Republic Act 4726 The Condominium Act provides three factors that would deem a condo uninhabitable:

“That project has been in existence in excess of 50 years; that it is obsolete and uneconomic, and that condominium owners holding in aggregate more than fifty percent interest in the common areas are opposed to repair or restoration or remodeling or modernizing of the project.”

A careful reading shows that the 50-year rule is not necessarily true to all developments.  It is on a case-by-case basis where all three provisions should be met in order to declare a condominium building uninhabitable. That the building is:

  1. over 50 years old;
  2. obsolete and uneconomic; and
  3. the unit owners holding in aggregate more than fifty percent interest do not agree to repair or modernize the building.

Hence, although a condominium building is over 50 years old, it does not automatically become obsolete and uneconomic if it passes the building inspections and certifications. Most of the new condominium projects today are designed and built with modern techniques and durable materials to endure the ordinary wear and tear of everyday use.   Modern condos will likely remain in good shape even after 50 years. Moreover, if the majority of the homeowners believe they the building structure is safe, sound, and will only need some modern renovation, demolition would be unnecessary.

On the other hand, if an older condo has monthly maintenance fees, recurring repairs and realty tax that exceeds the monthly rental of a comparable unit in another property, the homeowners can decide and declare that the building is obsolete, uneconomic, and uninhabitable.

Build in the 70s, the Soler Tower, Tytana Plaza and Mandarin Mansion of Federal Land, Inc. are still in good shape and stands near the thriving Chinatown of Binondo, Manila.

What happens when the condominium is declared uninhabitable?

The condominium corporation will convene to make a decision.  The unit owners will vote on what they could do with the building and the land. There are usually two options, they can:

  1. sell the land and divide the proceeds among themselves;
  2. strike a deal with the original developer or another to build a new condominium on their land.

What is a condominium corporation? 

Similar to a homeowner’s association in subdivisions, a condominium corporation is a legal entity that represents the interests of condominium unit owners in accordance with the Condominium Act.  Condo corporation holds the title to the land, common areas and other interests, as such it is responsible for the management and maintenance of the common areas and its other obligations. Members or shareholders of the condo corporation are the unit owners who automatically become members upon purchase of their unit.

Like other corporations, all issues in a condominium are decided through the votes of the shareholders or unit owners.  Every decision, be it a simple plan of repainting of the façade or a major agenda of selling the land, must be decided by votes. The rule of the majority, or the option with most votes, wins.

What is your stake in the condominium corporation?

As a condominium unit owner, you are automatically a member of the corporation and co-owner of the condominium, its lands, and other interests.  Your stake will be equivalent to the size and price of the unit or units you own.

For instance, you own a three-bedroom unit of 88 square meters in size.  Your stake and voting power will be higher than the owner of a studio unit of 25 square meters.  If ever the land of the condominium is sold, you will have a bigger portion of the profit.

Is a condominium unit a good investment?

Yes.

While some may argue that the definite lifespan and ownership of house and lot is a more favorable investment compared to the finite lifespan and ownership of a condominium building, there are other factors that should also be taken into consideration.   The major selling point of condominiums is their proximity to important places such as schools, business district, hospitals, malls, and major highways.  If you, as a homebuyer, wishes to cut commute time, then a condominium unit near your office will be more beneficial to you than a house and lot in the fringes of Metro Manila.   Moreover, a condominium unit is more financially attainable than a house and lot in a central location.

As an investor, buying a condominium to rent out or resell is also a sound investment.  Its strategic location will ensure you have a steady market of students, young professionals, and small families. You can make money from start to finish of the building’s lifetime.  And even if the condominium is demolished or sold after 50 years, you as a shareholder will profit from the sale of the land.

Buying a condominium for sale may seem trickier than buying a house and lot.  However, remember that condominiums are not so different from houses.  While units in a condo community are governed by a condo corporation, houses in a subdivision are governed with a homeowner’s association (HOA).  Houses are also susceptible to the damages of everyday wear and tear and natural calamities same as condominium buildings.

So if the 50-year rule is the only thing holding you back from living in your dream condominium, then rest assured that your apprehensions have a low chance of becoming real but potential returns have a high chance of becoming true!

With over 47 years of solid experience, Federal Land, Inc. builds properties anchored on the values of trust, reliability, and integrity.  In every project, Federal Land ensures to collaborate with the best architects and engineers who can best utilize sophisticated technology and reliable materials to create unique projects that stand the test of time.

Federal Land is best known for the iconic GT Tower International in Makati and the luxurious Grand Hyatt Manila in North Bonifacio Global City among others. Other projects are the Hawaiian-inspired Mi Casa and resort community Palm Beach West in Bay Area, Pasay City; the spacious One Wilson Square in Greenhills, San Juan; kid-friendly garden community Peninsula Garden Midtown Homes in Paco, Manila; feng shui-infused Four Seasons Riviera in Binondo, Manila; the quietly elegant Valencia Hills in New Manila, Quezon City; the hip and modern Quantum Residences within Manila’s university belt; luxury hotel-branded residences Marco Polo Residences in Cebu; and the Japanese-inspired The Seasons Residences in BGC, Taguig.