Mural via Quezon City Government

Mural via Quezon City Government

From 1948 to 1976, Quezon City was the capital of the Philippines.  Manuel L. Quezon, the second President of the Philippines, founded the city as the new national capital after World War Two. Today, Quezon City stands as a vibrant city bustling with commerce, culture, and education.

From its rich history to entertainment and nature, here are 15 cool things to see and do in Quezon City.

Bird watching at La Mesa Nature Reserve

Bird watching at La Mesa Nature Reserve

Photo via Wikimedia Commons

Bird enthusiasts will be happy to know that there is a bird hot spot in Quezon City.  Spanning 2,659 hectares, the La Mesa Nature Reserve is the last rainforest in Metro Manila.  It is home to wide variety of bird species endemic to the Philippines and migratory birds from Taiwan and Japan. Avid bird watchers can hike the forest nature trails and see Black-crowned Night Herons, Ospreys, Spotted Wood Kingfishers, Lowland White-eye, Golden-bellied Flyeaters and others.

 

Photo via Wikimedia Commons

For a more relaxed bird watching, there is the La Mesa Eco Park, a public park at the southern boundary of the reservoir. Keep your eyes peeled for Red-bellied Pitta Pitta, Emerald Dove Chacophaps and the rare Ashy Ground Thrush along the forest path and spillways near the parking areas.  You can also enjoy other activities in La Mesa Eco Park like picnic, swimming, hiking, zip-lining and more!

Zumba at Quezon Memorial Circle

Photo via Wikimedia Commons

Iconic for its triangular art-deco monument and the Elliptical Road surrounding it, the Quezon Memorial Circle is a national park at the city’s center.  The park offers a little bit of everything like a free morning exercises, free Zumba, Dance of the Water Fountain, ballroom dancing classes, picnic grounds, bikes for rent, an orchidarium, a children’s playground and a small amusement park at Circle of Fun

Did you know?

Photo via Inquirer.net

In 2014, Quezon City attempted to break the largest Zumba class world record.  The event attracted 10,000 zumba enthusiasts, however the heavy rain and inaccurate tagging of participants botched the attempt. Camarines Sur now holds the record of the largest Zumba class with 13,350 participants during the province’s Kaogma Festival in 2018.

Animal Rescue At Ninoy Aquino Parks And Wild Life Center

Photo via Wikimedia Commons

Across the Quezon Memorial Park is the Ninoy Aquino Parks and Wildlife Center.  The park simulates a natural forest setting to serve as a rehabilitation facility for the rescued animals before they are set free to their natural habitat.  Aside from the rescue center, the park also features a lagoon, an aquarium, a children’s playground, a botanical garden and picnic grounds among others.

Lechon at La Loma

Photo via Quezon City Government

Dubbed as the Lechon Capital of the Philippines, the La Loma district in Quezon City is the place to be for some crispy and juicy roasted suckling pig.  The district is lined up with restaurants open 24/7 to cater to all your lechon needs like birthday parties, special celebrations or just plain old lechon craving.

Food Crawl at Maginhawa St.

Photo via psst.ph

If you cannot decide where to eat, you can never go wrong with the many restaurants of Maginhawa St.  The Maginhawa St. in Diliman is a foodie’s dream come true with almost a hundred hole in the wall restaurants in one long street.  They have Italian trattorias, French pasta, Japanese ramen, Chinese dimsum, Middle Eastern grill, Mediterranean kebab, Lebanese shawarma, American steak, Tex-Mex nachos, Indonesian ayam goreng, Thai tom yum goong, Vietnamese spicy noodles, Indian curry, European bistro, Filipino street food, healthy vegetarian options, meat-lover’s comfort food, icy desserts, board game cafes, Instagram-worthy food parks, and more!

Protip: make sure to bring your food buddies and come in a group to try more restaurants for a less.

Comedy at South Triangle

Photo via Flickr

If laughter is the best medicine, then the South Triangle area in Quezon City has the best hospitals in the city.  The streets of South Triangle have the funniest comedy bars that can cure away your boredom, loneliness and monotony with just one appointment. There are five comedy bars to choose from.  Popular comedy bars Laffline, Punchline, Klownz and Zirkoh boasts of famous comedians and celebrities as part of their lineup.  While the comedy and sing along bar Music Box is famous for upholding their mission of honing the skills and talent of starting comedians.  Their most famous alumni include Pokwang, Arnel Ignacio and Ai-Ai Delas Alas.

Did you know?

Vice Ganda got his stage name from the owner of Punchline.  His original moniker, Vice, was too short for the comedy bar’s marquee so the owner added Ganda for that extra appeal.

Higher Learning at the Top Universities

Photo via Flickr

Manila may have many universities under the University Belt, but Quezon City is home to the country’s top two universities: University of the Philippines in Diliman and Ateneo De Manila University in Katipunan Avenue.  From famous TV personalities to savvy businessmen to national artists and presidents of the Philippines, UP and Ateneo produced some of the best minds the country has ever seen.

Quezon City is also the home of the main campus of Philippine Science High School. PSHS or “phisci” is a specialized public high school system that offers scholarships to those gifted in the math and sciences.

Social Change at PETA Theater

Theater lovers out there will be glad to know that Quezon City is the home of the outspoken and daring PETA Theater.  Known for having a heart for social change, PETA Theater stages comedies, musicals, dramas and various performances that help raise awareness of social issues.  Notable plays shown in PETA Theater are Rak of Aegis (2018, 2014), Caredivas (2017), and Batang Rizal (2007).

Tv & Film at City of Stars

Photo via ABS-CBN Star Magic

Quezon City is a hotbed of arts and creativity.  In the 50s, the city is called “Hollywood of the Philippines” for hosting the “Big Four” of film industry: Sampaguita Pictures, LVN Pictures, Premiere Productions and Lebran International.  Between the four studios, they produced 350 films a year and established the Philippines as a major filmmaking center in Asia.

Though the four studios have closed their doors, Quezon City still remains the home of media giants.  Today it is dubbed as the “City of the Stars” due to major broadcasting networks such as ABSCBN and GMA Network, RPN, INCTV, PTV, UNTV, Net 25 and IBC have their headquarters in the city.  Quezon City also has the highest concentration of celebrity residents due to the nearby broadcasting networks.

Did you know?

The Philippines has their very own Walk of Fame in Eastwood City, Libis.  Patterned after the Hollywood Walk of Fame, the Walk of Fame Philippines honors media personalities that made notable achievement in these six categories: Movies, Television, News and Public Affairs, Radio, Music and Theater.

Retail Therapy at Supermalls

Quezon City is host to a number of malls and shopping places.  For the usual shopping needs, there are SM City Fairview, SM City Novaliches, SM City North EDSA, Trinoma Mall, Landmark Trinoma, Ayala Malls Vertis North, Ayala Fairview Terraces, Fisher Mall, UP Town Center, Robinsons Magnolia, SM City Sta. Mesa, Gateway Mall, Ali Mall, Robinsons Galleria and more.

For the classy signature brand stores, there is the Eastwood Mall at Eastwood City in Bagumbayan.

For the bargain-hunting experience, there is the Dapitan Arcade at Kanlaon St. corner Dapitan, and Cubao Expo Araneta Center in Cubao.

DIY Mechanics at Banawe St.

Photo via Quezon City Government

Banawe Street in Quezon City is the hub of car parts and accessories.  You can get a new headlight, a new sound system, floor mats and car paint for a fraction of your car dealer’ price.

Protip:   You can haggle the prices but be sure to be kind and friendly to the store clerks and mechanics because they can give you better price.  And if they do not carry the part you need, they can make a few calls to their other stores and have it delivered to you.

PC Build at Gilmore IT Center

Considered as an IT shopping mecca, Gilmore St. in Quezon City is dotted with an assortment of stores offering computer hardware, software and accessories in competitive prices. Most stores are located in Gilmore IT Center, a four-story IT shopping mall that serves as a one-stop shop for all office, personal and gaming needs.

Protip:

LRT remains the easiest way of going in and out of Gilmore Street.  However, security guards sometimes ask to search your purchases for security inspection.  If you are buying in bulk, you can avoid this by hailing a taxi or booking a Grab car.

Weddings at Sto. Domingo Church

Photo via Quezon City Government

The Santo Domingo Church along Quezon Avenue is one of the favorite churches of brides and brides-to-be.  It is made in Spanish modern style with Romanesque and Gothic designs that gives it large space and tall ceilings.  The church also features dome murals, stained glasses, and bas relief façade, ideal for vivid wedding photos.  The long aisle gives brides a long dramatic walk to the altar.

History at EDSA Shrine

Photo via Wikimedia Commons

 

If you think history is made in distant provinces, you will be pleasantly surprise to know that the monuments around the city are concrete manifestations of our history.   The Cry of Pugad Lawin Shrine in Project 8, Quezon City immortalizes the time when Andres Bonifacio and 1000 katipuneros tore their cedulas as a sign of rebellion against the Spaniards.  Tandang Sora, the Mother of Katipuna, is interred in her shrine along Banlat Road in Tandang Sora, Quezon City.

In recent history, The Shrine of Mary, Queen of Peace at the intersection of Ortigas Avenue and Epifanio de los Santos Avenue (EDSA) saw history happen when it became the site of the People Power Revolution of 1986. For three days, people stood in front of tanks and offered flowers to soldiers in a campaign of civil resistance against the Marcos dictatorship.

Did you know?

Photo via Quezon City Government

The Cry of Pugad Lawin is commemorated every last Monday of August as National Heroes’ Day.

Grand Homes

Quezon City is also known for the stately mansions of the prominent families who migrated from Manila when the capital was moved to Quezon City.  They are the political leaders, the wealthy merchants, and the landed hacienderos. Noteworthy mansions that still stand today are President Manuel Quezon’s vacation house now turned Heritage House and Iglesia ni Cristo founder Felix Manalo’s house now a pilgrimage site.

Through the years, Quezon City evolved to keep up with the needs of a modern family.   As the picturesque mansions age and get replaced by new condominium communities, Quezon City retains its affluent atmosphere, now with a modern and vibrant vibe to match.

As Quezon City progresses to be the capital of entertainment, business, and art, potential residents can take advantage of moving into the long admired address with Federal Land’s newest condominium, Valencia Hills –  Tower E.   Designed with the modern and classic in mind, Valencia Hills – Tower E is a charming residential enclave in the quaint part of Quezon City.   Valencia Hills celebrates the convenience of modern living within the quiet part of the capital.  It is an ideal home for families, retirees, and professionals looking for peace and quiet in the bustling city.


Photo via Real Living

Marikina City is a mix of a picturesque old city and a verging urban modernization featuring a thriving economy, modern malls, ancestral houses, wide green parks, and friendly citizens.

Best known as the Shoe Capital of the Philippines, Marikina City is famous for its high-quality handcrafted shoes. The city produces 70% of shoes manufactured in the country. It is also the home of the world’s largest pair of shoes certified by the Guinness Book of World Records, and the infamous shoe collection of former First Lady Imelda Marcos.

Just east of Manila, Marikina is an easy escape to the metropolitan hustle and bustle. So if you are looking for a quick but interesting weekend getaway, you will definitely enjoy Marikina City.


Photo via Philippine Lifestyle

Admire the shoes in the Shoe Museum
As the shoe capital, Marikina, of course, has a Shoe Museum. Officially opened in 2001, the Shoe Museum is built to nurture the historical and cultural value of the local shoe industry.

The museum features the traditional footwear of Filipinos and other nationalities, and the shoes owned and worn by famous politicians, public servants, and celebrities. The museum is also the home of the largest pair of shoes, and a fraction of former First Lady Imelda Marcos’ (in)famous shoe collection.

Address: J. P. Rizal St, San Roque, Marikina City 1801
Hours: Monday to Sunday, 8 AM to 5 PM
Door fee: Php 50.00

Wander around the Book Museum
Tucked away in a quiet neighborhood in Dao Street, the Book Museum cum Ethnology Center exhibits the personal book and artifact collection of Atty. Dominador Buhain, chairman and president of Rex Group of companies. The museum includes first edition books, small edition books and various curiosities Atty. Buhain picked up from his travels to over 223 countries (and counting).

The Book Museum cum Ethnology Center occupies three buildings. The first building houses the book collections, while the second and third building houses artifacts from the Cordilleras, Visayas, and Mindanao. The museum also features two totem poles that illustrate Philippine mythology and two murals narrate the history of Marikina City and the printing press.

Address: 127 Dao St, Marikina Heights, Marikina City 1810
Hours: Monday to Sunday, 9 AM to 5 PM
Door fee: Php 300.00

Learn Science at Philippine Science Centrum
The first interactive science center in the Philippines, the Philippine Science Centrum (PSC) is launched in February 1900 at Manila Film Center in Pasay City. However, after being wrecked by an earthquake that same year, PSC transferred to the University of the Philippines Manila. In 2004, PSC transferred to its current location in Riverbanks Center, Marikina City.

Have fun and rediscover science with over 100 interactive exhibits in 10 galleries including Bodyworks, Earth Science, Electricity and Magnetism, Lights, Liquid, Space, Mechanics, Mathematics, and Perception.

Address: E-Com Building, Riverbanks Center, Marikina City 1800
Hours: Monday to Saturday, 8 AM to 5 PM
Door fee: Php 150.00

Try the food crawl at Lilac Street


Photo via Yedylicious

Now, you might be familiar with the popular food hubs in Maginhawa St. in Quezon City, Kapitolyo in Ortigas, and Aguirre Avenue in BF Homes Parañaque. But there is another thriving food scene you don’t want to miss – Lilac Street in Marikina.

Basically the Maginhawa Street of the East, Lilac Street in Concepcion Dos is a strip of highly-rated restaurants set up in a charming neighborhood. Wandering around Lilac Street and nearby streets, you will find restaurants offering the best Singaporean, Japanese, Thai, American, Mexican and Filipino cuisine. Protip: make sure to bring your food buddies and come in a group to try more restaurants for a lesser cost.

Address: Lilac St, Marikina City 1800

Attend mass at Our Lady of Abandoned Parish


Photo via Trip Advisor

The Our Lady of Abandoned Parish in Marikina opened in 1572 and consecrated in 1690. The church was originally constructed from bamboo and leaves, and then on 1687, it is constructed in Baroque style with heavily fortified façade, high ceiling, and round pediment bell-tower. The church enshrines several images of the Virgin Mary, one of which is venerated as miraculous and was canonically crowned in 2005.

Address: V. Gomez St, Marikina City 1800

Relax at Marikina River Park


Photo via Marikina City Government

Found alongside Marikina River, the Marikina River Park is a 220-hectare system of parks, trails, open spaces, recreation facilities and commercial complex. The Marikina River Park is the focal point of the city’s communities and cultural activities. The park is host to the Mama Mary Fluvial Parade and Festival, Marikina Christmas Festival and Metro Manila Pride March and various performing arts and concerts throughout the years.

Main attractions in the park include a skating rink, amphitheater, riverboats, Roman Garden, Chinese Pagoda, Animal trail, Freedom Park, and Women’s Park among others. Marikina River Park is open for picnic, running, biking, skating, and camping activities.

Address: 300 Shoe Ave, Sto. Nino, Marikina City 1800

Stretch out in Marikina Sports Center
A haven to sports enthusiasts and hobbyists, Marikina Sports Center is a three-hectare complex featuring an Olympic-size pool, an athletics track, a natural grass pitch, basketball courts, volleyball courts, tennis courts, badminton court, and an indoor gymnasium. Marikina residents can come in for a run or exercise as the sports center is open 24 hours every day.

Marikina Sports Center offers various sports clinics for children age seven to 16 every April and May. The sports center also hosts several sports competitions including 2014 ASEAN School Games and grand concerts, television shows, and community events.

Address: 24 Sumulong Highway, Marikina, 1800 Metro Manila
Hours: Open 24 hours
Door fee: Php 10.00

A visit to Marikina City will serve a good mix of urban and rural Philippines. Though it is a city with a growing business district, Marikina retains its charming small town ambiance. The city preserves its historical sites, ancestral houses, clean streets, and colorful festivals; while it welcomes new business investments and shopping centers. No wonder generations chose to stay close to their roots and manage the family businesses. Marikina is a good place to raise a family.

Located near Marquinton Residences along Sumulong Highway, the Tropicana Garden City and the Siena Towers of Federal Land offer condominium homes ideal for starting families. The two communities offer quiet, green and generous living spaces near to major weekend destinations, office towers, retail centers, and premier schools like the Marikina Science High School, Marikina Catholic School, Marikina City University, Ateneo de Manila University and the University of the Philippines Diliman.

Siena Towers is a two-tower condominium along Marquinton Drive that offers a beautiful and secure home in a vibrant community with the Blue Wave Mall a few steps away. Tropicana Garden City is a Mediterranean Castilian inspired community with lush pocket gardens and wide-open spaces. Residents of both Siena and Tropicana Garden will enjoy outstanding amenities, convenient location, and spectacular views of the Sierra Madre in the East and the metropolis in the Southwest.

With Federal Land, owning your first condominium residence is easy. Just contact our representatives, provide a Philippine government-issued ID (with your Tax Identification Number), fill up the required forms, pay the reservation fee and voila! The unit is booked under your name. You are now ready to start a home loan application through in-house or bank financing.


Image via One Wilson Square

San Juan City may be the smallest city in the Philippines, but it is large with real estate investment opportunities. With several exclusive schools like Xavier University, La Salle Greenhills, and Operation Brotherhood (OB) Montessori Center, Inc.; leading hospitals like Cardinal Santos Hospital, The Medical City, and St. Luke’s Medical Center; lifestyle hubs like Greenhills Shopping Center, and Robinsons Galleria; and other notable establishments like Wack Wack Golf and Country Club set in and near the little city, San Juan is quickly becoming a favorite home among affluent families and thriving businessmen. Its proximity to its proximity to central business districts makes it a must-have among the local professionals and expatriates.

If you are thinking of investing in San Juan City, know that there are two types of real estate development in the city: townhouse and condominium.

Here are some pros and cons of buying a townhouse or a condominium to help you determine which property type will work best for you.

TOWNHOUSE


Image via Dover Hill

PROS

Land ownership
Buying a townhouse also buys the land it is built on. It is basically paying for a house and lot.
It is similar to a semi-detached house but within a multi-unit housing complex. Each unit has their own front and backyard, a parking space and multiple stories.

Larger Living space
Based on popular property portal Lamudi Philippines, most townhouses currently for sale in San Juan City are three-story, three-bedroom units. As such, you can easily furnish your living room with a large couch, side tables, and other décor without looking overcrowded.

Complimentary Parking Space
A townhouse unit often comes with a parking space, without additional costs or separate property titles.

Good Investment Potential
Set conveniently close to premier schools, topnotch hospitals, shopping centers, country clubs and business districts, San Juan City is a prime residential district ideal with families. A townhouse in San Juan City can be rented to large families, retirees, and expatriates.

Quick project turnover
Compared to condominium projects and subdivision developments, a townhouse complex can have as few as 2 units to as many as 35. Hence the construction phase is ideally shorter.

CONS

Higher Cost
As a 1st class highly urbanized city in Metro Manila, San Juan mostly offers upscale properties. On Lamudi Philippines, townhouse properties in San Juan City range from Php 16 million to Php 65 million; while comparable condominium units range from Php 2 million to Php 42 million.

Restricted Exterior Modification
Townhouse communities may restrict you from renovating the exterior of your property like the roof, façade, and driveway to maintain the coherent appearance of the neighborhood.

Shared walls with neighbors
Similar to semi-detached houses, townhouses share common walls and roofs. Hence, it may limit your privacy.

New Townhouses in San Juan City


Image is from Dover Hill

Dover Hill is a luxury townhouse development by San Miguel Properties with lush greenery and carefully planned living spaces, set amidst the commercial and entertainment center of San Juan City.
Developer: San Miguel Properties
Location: A. Mabini cor. Ortega and Pilar Sts., San Juan City
Unit Type: 3BR, 4BR, 5BR Townhouse
Floor Area: 202sqm – 355 sqm
Price Range (on Zipmatch): 21.5M – 26M


Image is from Arellano Townhouse

Arellano Townhouse is an exclusive six-unit residential enclave nestled in the neighborhood of Additional Hills.
Location: A. Mabini cor. Ortega and Pilar Sts., San Juan City
Unit Type: 5BR Townhouse
Floor Area: 328sqm – 387 sqm
Price Range (on Lamudi): 29M – 33M

CONDO

PROS

More affordable
A condominium unit in San Juan City costs less than a townhouse in the same prime area. On Lamudi Philippines, the price of a studio unit condo starts at Php 2 million to Php 42 million while townhouse properties in San Juan City range from Php 16 million to Php 65 million.

High Rental Yield
In a recent report released by Colliers Philippines, Metro Manila was said to have one of the most attractive rental yields in the Southeast Asian region with 5.1%. And with sustained demand from affluent families, foreign investors and offshore gaming firms, Colliers expects the rental and secondary market will remain strong.

Set in a highly urbanized city near established central business districts Makati, Ortigas and Bonifacio Global City, condos in San Juan are promising investments. A studio to two-bedroom unit condo can be rented or resold to young professionals, early nesters, retirees, and expatriates; while a three-bedroom unit and above are ideal for large families.

24/7 Security
Most condominiums are gated communities with CCTV surveillance cameras and roving guards patrolling the perimeter and its blind spots. You will have peace of mind when on vacation knowing that your home is tightly secured.

Amenities and Features
You have the luxury of enjoying a two-minute walk going to on-site amenities such as the swimming pool, fitness gym, landscaped gardens and more. Condos like One Wilson Square also provide concierge services, centralized mail room, fire detection and alarm system, and commercial space.

Easy Upkeep
Smaller living space is easy to maintain and require less utility. Also, you do not have to worry about mowing the lawn and fixing the roof. If you travel a lot or have a hectic schedule, these could be a big advantage for you.


A Guide Map of Greenhills, San Juan City

CONS

Smaller floor size
Though there are large units like three-bedroom units and above, condominiums are generally smaller than townhouses. As such, you have to be creative in maximizing living space for you and your family.

Partial privacy
Unless you are in a penthouse, you will share walls with your neighbors. Sounds and smells can sometimes travel through adjoining walls. Try to be cautious, lest you become a cause of a disturbance.

HOA fees and rules
Because of shared ownership to the building structure and amenities, condominiums are run by the homeowners association (HOA). HOA collects a monthly fee for the upkeep of communal areas and to fund future repairs of the building.

Furthermore, some HOA has rules and regulations you need to abide. Some condo communities do not allow pets; some impose strict trash disposal schedule; some have noise restriction policies.

New Condominiums in San Juan City

One Wilson Square
Set in a space that provides easy access to the major thoroughfares and business districts in Metro Manila, One Wilson Square has spacious and exquisitely appointed upscale condos for sale to provide you full access to an enhanced level of luxury.

Developer: Federal Land, Inc.
Location: Ortigas Ave. cor. Wilson St., Greenhills, San Juan City
Unit Type Available: 2BR, 3BR, 4BR Condo
Floor Area: 39sqm – 216 sqm
Average Price (for a two-bedroom unit): 11 M – 14 M
Classification: Ready for Occupancy

Chimes Greenhills
Located along one of the prominent addresses in the metro, Chimes Greenhills is a 40-story residential project with a distinctive architectural design that stands out among its neighboring buildings and will pave the way to an affordable affluent lifestyle.

Developer: Robinson Communities
Location: Annapolis Street, Greenhills, San Juan City
Unit Type: Studio, 1BR, 2BR, Condo
Floor Area: 21.7sqm – 48.9 sqm


Buying a home is a huge commitment. In the end, whatever you choose, you should make sure to buy the property that suits your lifestyle and your investment portfolio.

This 2019, top real estate developer, Federal Land, Inc., is slated to launch numerous condominium projects in Metro Manila and Cebu to add to your investment portfolio. Set in key areas of Makati, Bay Area, and Cebu, these condominium projects’ value is projected to surge even further in the coming years, so watch out for the upcoming announcements and launches.

One of the projects you can avail this year is the One Wilson Square in Wilson St., San Juan City. Set in a space that provides easy access to the major thoroughfares and central business districts in Metro Manila, One Wilson Square is an upscale condominium community. It’s a stone’s throw away from the Greenhills Shopping Center and the intersection of EDSA and Ortigas, making a drive to Ortigas and Makati central business districts easy. Its prime location sets it near major commercial establishments, top notch schools, modern hospitals, avant-garde art galleries, an exclusive country club, and affluent communities.

One Wilson Square offers spacious and well-appointed condominium units that provide full access to an enhanced level of luxury. Every inch of a One Wilson Square home has been individually created to maximize the space for residents, with careful attention to detail in every aspect of life – living space with the power to relax, refresh and recover.

To buy or to rent? That is the question.

The debate of buying vs. renting your home is never-ending with both sides full of valid points. One side says buying a home means security and good investment while the other camp says renting is the smarter move in the mobile times. The thing is, different lifestyles have different dwelling needs. There are several factors to consider such as your financial capacity, career trajectory, family considerations and location.

But what if we take location out of the equation, and place it, say, in Marikina where the place is both charming and urbane, the people are friendly, the history is dignified, and the opportunities are aplenty.

Let’s say a one-bedroom condominium in the distinguished Marquinton Residences is offered for rent at Php 15,000 a month while a one-bedroom condominium in the new Siena Towers is selling at Php 3.4 million with a 20% down payment and Php 24,000 per month amortization for the next 10 years at 9.5% annual interest. Which is the better choice – renting or buying?

Well, there’s no right or wrong answer. The right or wrong choice depends entirely on you, your needs and your plans. You will have to think long and hard when making this decision. To help you, here are some pros and cons of buying and renting.

What are the advantages of renting a condo?

Easy to Move In

Moving into a rented apartment is easy and affordable. For most, you will only need to pay one-month advance and two-month security deposit to move in.

Hassle Free to Move Out

Moving out is as easy when you have not signed 10 years of your life to a home loan. Don’t like the landlord? Move out. Neighbors are becoming annoying? Move out. Moving to Makati? Move out and look for a new condo in Makati.

However, note that your landlord might refuse to return your security deposit even without any damages or repairs incurred.

No Property Tax
As a tenant, you do not own the property. No property, no property tax.

What are the disadvantages of renting a condo?

Increasing Rents
Taxes, repair and association dues in the condo complex may be computed into your rent. Should these costs go up, your rent will increase as well. You have no control over rent increases unless otherwise specified in your lease contract.

Lease Deadline
Tenants have a monthly obligation to their landlords: rent payment. If you cannot pay rent on time because of an emergency, some landlords will understand and give you an extension. Some will not. For some landlords, non-payment of three months’ rent is a basis of eviction.

No Equity
If you have investment plans in the future, buying a condo is the way to go. Though a condo’s market value appreciates slower than a single-family home, a condo still has better investment potential than a rented apartment. Because as a tenant, you do not own the apartment so you cannot build equity. On the contrary, you are helping your landlord build equity.

What are the advantages of buying a condo?

Ownership
There is a sense of pride and security in owning a home. You can do with it as you please. You can paint your unit your violet; install constellation patterns in the ceiling; renovate the kitchen, or get an iguana pet. Most of all, no one will evict you for late rent payments. There is no landlord to answer to.

No Payment Hikes
Unlike in renting wherein you have no control of rent increases, buying a condo for sale gives you several payment options. You can pay through cash terms, or apply for a mortgage or home loan.

If you go the home loan route, your mortgage may have fixed or variable rates – depending on the bank policy, the property value and your financial capacity. For your convenience, your bank or developer will provide you a schedule of fees to guide your check releases.

Build Equity
A condominium unit is a long-term investment that will appreciate over time. Eventually, it will pay for itself and if you play your cards right, can make you money.

What are the disadvantages of buying a condo?

Huge Financial Responsibility
Owning a home costs a lot. Unless you have a truckload of cash to pay upfront, you will need to deal with a home loan that can tie you up for 25 years.

Aside from making sure you can afford the monthly amortization, you should also have a budget for the reservation fee, down payment, closing costs, bank fees, title fees, mortgage insurance, and others miscellaneous fees.

Once those are settled, remember the monthly homeowner’s association (HOA) dues and the annual property tax.

Cost of Selling
When you are ready to put your unit on the market, you might already picture the money going into your bank account. Reality check, selling a unit costs money too. First, you will need a real estate agent, which costs up to 7% percent of your unit price in commission. Then, you will need to merchandise your unit either through an open house or web listing, in which you will need to touch up the unit and fix the minor and major repairs. Lastly, there is the closing cost. Closing costs are expenses over and above the property price including capital gains taxes, business tax, and notary fees.

Maintenance
The least of a renter’s concern is the maintenance and repair of the unit. Condo owners, on the other hand, is responsible for all the repair and maintenance of the interior of their condo. You will have to buy and change that busted light bulb and call your plumber for that clogged toilet.

Buying or renting a condo is always a big financial decision. Your choice would depend on your priorities, plans, and finances. In the end, it is best to pick what suits your current needs and will make the most logical choice in five years. Federal Land, Inc. has several pre-selling and ready for occupancy condominium properties in Marikina City – the renowned Marquinton Residences; the Spanish-inspired Tropical Garden City; and the new urban playground Siena Towers – that will accommodate your various lifestyles, needs, and aspirations.

From the developer of the distinguished Marquinton Residences comes a radiant prime development at the heart of Marikina city – Siena Towers. A modern take on the Italian town of Siena, where rural charm and modern progress abound, Siena Towers goes beyond being a home by providing outstanding lifestyle choices just outside your doorstep.

Siena Towers is a two-tower condominium project offering a beautiful and secure preselling homes in a vibrant community with its own shopping mall a few steps away. Residents of Siena Towers will enjoy outstanding amenities; quaint homegrown retail selections; proximity to major weekend destinations; I.T. business parks; premier schools like the Marikina Science High School, Ateneo de Manila University, Miriam College, Center for Culinary Arts, and the University of the Philippines, Diliman; and spectacular views of the Sierra Madre in the East and the Metro Manila skyline in the Southwest.

At Siena Towers, live in an exciting lifestyle playground you can truly call your own.

Made up your mind? Email us at digital.mktg@federalland.ph to get your dream condo in Marikina City today.

Though San Juan City is the smallest in Metro Manila, it certainly has big things to offer. The city is home to shopping centers, entertainment hubs, topnotch schools, premier hospitals, exclusive clubs, and food crawls. It also a prime real estate with easy access to Makati, Ortigas and Bonifacio Global City central business districts. Its upscale status complemented with a proud history makes it an idyllic place to live, work and play.

So from golf courses to shopping centers to music theaters, here are the 10 things you should not miss when in Greenhills, San Juan City.

1. Shop Till You Drop at Greenhills Shopping Center


Image via Wikimedia Commons

Known as a “tiangge” haven, Greenhills Shopping Center is one of the go-to places of bargain hunters looking for great finds at affordable prices. With over 2,000 stores within its malls and tiangge section, Greenhills Shopping Center has dedicated sections for clothing, furniture, décor, grocery, entertainment, and pearls – a definite something for anybody.

For branded items and other commercial needs, there are several malls within and near San Juan City such as the Promenade Mall, Robinsons Galleria, SM Megamall, and Shangri-La Plaza.

Did you know?
Retail giants Plains & Prints, Celine (CLN), Bayo, Kamiseta, Bench, Folded & Hung, Toby’s, Odyssey, Astro Vision, and Ricky Reyes started as small shops at Greenhills Shopping Center.


Image via Flickr

Did you know?

Greenhills Shopping Center is a world-famous pearl hub, where both local and international celebrities, fashion designers, dignitaries, and pearl collectors come to buy pearls. Famous people who visited the Greenhills pearl market include Rihanna in 2013 and Queen Sofia of Spain in 2012.

Address: Ortigas Ave, San Juan City
Mall Hours: 10 AM – 9 PM Sunday to Thursday; 10 AM – 10 PM Friday to Saturday

2. Get your Health Checked at Cardinal Santos Medical Center


Image via My Philippine Life

Founded by the Maryknoll Sisters before the World War II as the St. Paul’s Hospital of Manila, Cardinal Santos Medical Center is one of the Philippines’ leading hospitals specializing in the fields of cardiology, neurosurgery, oncology, and rehabilitation medicine. It is also known for its expertise in pediatrics, obstetrics, and gynecology, pulmonary medicine, nephrology, urology, and minimally invasive surgery.
In recent news, Cardinal Santos Medical Center was awarded the DOH Star Awards 2018 Top 10 (Level 3 category) by the Department of Health during the 69th Philippine Hospital Association’s Annual National Convention.

Address: 10 Wilson St. Greenhills West, San Juan City
Telephone: +632 727 0001

3. Play golf at Wack Wack Golf and Country Club


Image via Flickr

A favorite of young and season executives, Wack Wack Golf and Country Club (WWGCC) is one of the country’s most exclusive and elite golf and country clubs. WWGCC is mainly known for the two 18-hole professional golf courses: the East and the West courses. The East course, with its rolling greens, water hazards, and tricky Par-3, Hole No. 8, is known to be the tougher course. It is host to prestigious events such as the Asian Circuit, and Philippine Golf Open Championship. The West course, on the other hand, is more of an everyday course enjoyed by the club members, and their guests.

Did you know?


Image via Lou Gopal

William James Shaw founded WWGCC in 1930 after Larry Montes, a caddie who won the Philippine Open Tournament in 1929 at Manila Golf and Country Club, was asked to leave the tournament celebration. WWGCC open door policy welcomed all golfers without discrimination.

Address: Old Wack Wack Rd, Mandaluyong City
Telephone: (02) 723 8558
Office Hours: 8 AM – 5 PM Monday to Sunday

4. Say your prayers at Santuario de San Jose


Image via Wikimedia Commons

A shrine to Saint Joseph, husband of Mary, Santuario de San Jose in East Greenhills is dedicated to lead its parishioners and their families to piety, like St. Joseph led the Holy Family. Santuario de San Jose is the home parish of the Holy Family Chapel in Greenhills Shopping Center, and the Immaculate Conception Chapel, and the Sacred Heart of Jesus Chapel in West Crame.

With its simple elegance and exclusive location, Santuario de San Jose is also a popular location for weddings. The interior is a mix of red, gold and wooden accents with stained glass windows giving a cozy and classy ambiance. While its location within exclusive subdivision means the ceremony is solemn and undisturbed.


Image via Pinterest

Address: Duke corner Buffalo Sts., East Greenhills, Mandaluyong
Telephone: (02) 7252044

5. Relive history at Club Filipino

Within the upscale city of towering condominiums, posh subdivisions, vast shopping centers, and exclusive golf club of Greenhills stands an actual piece of history. Founded in 1989, Club Filipino is the first exclusive social club in the country. It is established as an elite gentlemen’s club, with the Ilustrados and Filipino politicians as its first members. Throughout the years, the club hosted several significant political events that shaped the country, most notably the first celebration of Rizal Day in 1898 and the presidential inauguration of Corazon Aquino in 1986 People Power Revolution.


Image via Inquirer.net

Today, Club Filipino holds balls, parties, and conferences to its members. Its present amenities include swimming pool, tennis, badminton, and squash courts, bowling alleys, outdoor restaurant, salon, and “Kalayaan Hall,” an indoor events/reception room.

Address: Club Filipino Avenue cor. Eisenhower Street, Greenhills Subdivision, San Juan City
Telephone: (02) 722 2001

6. Enjoy Entertainment at The Music Museum


Image via Music Museum

More than a shopping mecca, San Juan City is also a hotbed of creativity and arts. The Music Museum is a cultural metropolis that hosts all things music, theater, and entertainment of all genres. Established by Kuh Ledesma in 1988 to give the local audiences a taste of New York and Las Vegas, the Music Museum is a combined theater-restaurant where guests could eat and drink during performances. The Music Museum has been the stage for countless Filipino talents and houses several showbiz memorabilia such as Nora Aunor’s “Tawag ng Tanghalan” trophy, Apo Hiking Society’s first entertainment contract, and Lisa Macuja’s first ballet shoes.

Did you know?

The Music Museum has expanded to add dining, shopping, and entertainment hub complex now known as the Music Museum Group. It includes Shoppesville Plus, Theater Mall, Promenade Mall, and Teatrino, the biggest little theater in the city.

Address: Service Rd, Greenhills, San Juan City
Telephone: 721 0635 / 721 6726
Hours: 10 AM – 6 PM Monday to Sunday

7. Appreciate art at Ronac Art Center


Image via Yellow Pages PH

Ronac Art Center, a brainchild of Bigboy Cheng, is Metro Manila’s newest hub for contemporary art and retail. It houses some of the hippest boutiques in town like toy store Secret Fresh; German shoe retailer Unschld; one-stop skate shop We Legendary, Asian streetwear Terminal, concept store Progress; plus, a slew of diners, burger joints, coffee shops, and a yogurt bar. It also features gallery spaces, events halls, and a basketball court.

The Ronac is also known for its interesting façade, which is inspired by a mattress. The large gray block with uneven windows is the foam, while the spiral staircase is the spring – an incredible representation of the family’s other business, Uratex.

Did you know?

The façade’s uneven windows are actually the short and long dashes of Morse code of the Daft Punk song: “Work it harder, make it better, do it faster, makes us stronger.”

Address: 424 Ortigas Ave., San Juan City
Telephone: (02) 570 9815
Hours: 10 AM – 8 PM Monday to Sunday

8. Tag your friends at Lazer Maxx Greenhills


Image via Lazer Maxx Ph Facebook page

This futuristic fun for the whole family and friends is a modern take on the backyard staple game of tag. Lazer Maxx in Greenhills involves high tech laser guns, glowing vests, inflatable obstacles, bad villains, and “The Incredibles” theme song to provide an epic superhero experience.

Address: Greenhills Shopping Center, Ortigas Ave, San Juan City
Telephone: 584 5958
Hours: 12 NN – 9 PM Monday to Friday; 10 AM – 10 PM Saturday to Sunday

9. Check out the best schools

Image via Wikimedia Commons

A home in Greenhills, San Juan means your children are within arm’s reach of some of the best schools in the country. For instance, a residential condo in One Wilson Square puts you and your family right in the middle of several exclusive schools: OB Montessori Center, six-minute drive; La Salle Green Hills, seven-minute drive; Immaculate Conception Academy, eight-minute drive; and Xavier School, nine-minute drive. For higher learning, San Juan is home of the Asian Institute of Journalism and Communication, five-minute drive; Polytechnic University of the Philippines – San Juan Campus, six-minute drive; St. Augustine School of Nursing, seven-minute drive; and St. Pedro Poveda College, 10-minute drive.

And since San Juan City is in the middle of Metro Manila, going to top schools in other cities can be convenient. Going to Reedley International School in Pasig City is only an 18-minute drive; International School Manila in Bonifacio Global City, Taguig is only a 25-minute drive; Ateneo de Manila University in Quezon City is only a 17-minute drive; and University of the Philippines-Diliman Campus in Quezon City is only a 25-minute drive.

10. Wine and Dine at Gloria Maris Restaurant


Image via Gloria Maris Greenhills Facebook page

Craving for authentic Cantonese cuisine? Gather your family and friends for fine dining at the Gloria Maris Sharks Fin Restaurant in Greenhills. With the finest ingredients, Hong Kong chefs, and courteous staff, Gloria Maris will take the fine dining experience to a whole new level. The Gloria Maris in Greenhills caters to a variety of palates: the Hot Pot, a casual Hotpot dinner; the Dimsum Kitchen, a popular weekend breakfast hangout; the Main Dining accommodates fine dining lunch and dinner; the VIP Rooms reserved for intimate gatherings; and the Banquet Hall to celebrate weddings and other special occasions.

Address: Greenhills Shopping Center, Ortigas Ave, San Juan City
Telephone: (02) 570 0921
Hours: 11 AM – 2:30 PM; 6 PM – 10 PM Monday to Sunday

Want to be in the middle of these hotspots? Federal Land, Inc.’s One Wilson Square has ready for occupancy condominium units for sale and for rent. Located within the upscale Greenhills, San Juan City, and just a stone’s throw away to Ortigas and EDSA intersection, One Wilson Square provides your family convenient access to central business districts, and spacious and exquisitely appointed homes of comfort and luxury – created with careful attention to every aspect of life.


Image via One Wilson Square

Source: Colliers International Philippines’ Top 10 Forecast for 2019: Flexibility is the name of the game

Before 2018 ended, global real estate services organization, Colliers International Philippines released a report entitled, “Top 10 forecast for 2019: Flexibility is the name of the game.”
In the report, Colliers explained how the strong demand and evolving preference of tenants is giving rise to flexible workspaces; residential developers are tweaking their projects to cater to Chinese offshore gaming employees and local professionals; and mall operators are more open to foreign food and beverage (F&B) and home furnishing tenants, which will redefine retail space absorption in 2019. Colliers also said it sees developers cashing in on the thriving property market by aggressively acquiring parcels of land outside of the more established business districts.

Here are the 10 things that will define the Philippine property sector in 2019, according to Colliers.

1. Infrastructure-led government spending to spur property


Image via Wikimedia Commons

Colliers said it sees the government’s Build, Build Build program around Metro Manila and other parts of the country will dictate the strategies of the real estate developers. Hence, it expects to see more office and residential developments outside Metro Manila.

“Colliers believes that property firms will be more aggressive in acquiring parcels of land in Northern and Southern Luzon and ensure that they are strategically positioned, especially in Pampanga, Bulacan, Cavite, Laguna, and Batangas. Developers’ expansion should be supported by the completion of rail, expressway, and toll road projects between 2020 and 2022 that are planned to pass through these provinces,” it said.

2. Metro Manila office vacancy to remain at sub-6 percent


iMet BPO will soon add office space in Bay Area

Colliers said it expects Manila office vacancy to reach around 5% by the end of 2018.
“We see strong demand being carried over to 2019, with projected demand moving in step with the new supply. Over the next 12 months, Colliers sees the delivery of nearly 1.0 million sq metres (10.8 million sq ft) of new office space and net take-up of about 910,000 sq metres(9.8 million sqft). This should yield a vacancy of 5.3% by end-2019. About 30% of office space due to be delivered in 2019 is pre-leased.,” it said.

Colliers said it foresees a strong contribution from the knowledge process outsourcing (KPO) sector, which provides higher-value outsourcing services like health information management, software engineering, and finance and accounting, over the next 12 months. The demand is believed to be due to the presence of top technology firms such as Google in Manila and the improvement of Manila’s ranking in the latest Tholons’ global outsourcing survey, which ranks the most competitive outsourcing destinations in the world.

3. Offshore gaming to expand outside Manila

For 2019, Colliers sees offshore gaming firms to continue to expand and look for office buildings with large floorplates. But with a recorded 4.8% vacancy across Metro Manila as of the third quarter of 2018, Colliers encourage new and expanding offshore gaming companies to continue looking for space in Cebu, Pampanga and Laguna where bulk of large space is still available.

“Aside from expansive office space and residential availability, offshore gaming companies need to operate in cities that have airports offering direct flights to China or areas that have direct access to and from Manila. This is one of the reasons why these firms are starting to look at a number of cities in Southern Luzon,” it added.

Colliers sees offshore gaming firms occupying 200,000 sqm to 300,000 sqm of office space, representing as much as 23 percent of the projected take-up in 2019.

4. Flexible workspaces spaces to grow by 10% annually


Image via Wikimedia Commons

Flexible workspace describes a workspace that provides flexibility over location, terms and additional services. With the emergence of mobile workforce and evolving preferences of tenants, flexible workspaces are gaining ground in the Metro Manila office market.

“We see Manila’s flexible workspace stock expanding by at least 10% per annum over the next three years owing to the continued rise of micro, small, and medium enterprises (MSMEs); the influx of multinational corporations (MNCs) and outsourcing firms looking for plug-and-play offices; and the implementation of a set of policy reforms likely to improve the business climate.,” Colliers forecasted.
“Over the next three years, we expect more flexible workspaces to be offered in malls, hotels, residential towers and dormitories for professionals,” it added.

5. Manila Bay Area to dominate Metro Manila condo price and supply


Palm Beach West – Baler Tower is set to add more units to the Bay Area’s residential stock

For 2019, Colliers believes the pre-selling condominium prices in the Bay Area will remain among the most expensive and projected to breach the PHP300,000 (USD5,700) per sqm.

“Colliers believes that the Bay Area is an attractive location for wealthy families from Southern Luzon and cities in Metro Manila that are upgrading to condominium living. The Bay Area is likely to remain an attractive location due to its proximity to Manila International Airport and ease of access to other business hubs across the country’s capital,” it said.

6. Luxury residential market to remain strong, price to breach Php400K per sqm

Colliers said it expects the luxury condominium demand to remain strong as Metro Manila continues to have one of the most attractive rental yields in the Southeast Asian region with 5.1%, relatively low prices, and sustained demand from affluent Filipinos, foreign investors, and offshore gaming firms.

“The luxury market in the country’s capital is relatively small but demand has been stable over the past few years. The projects being leased out or sold to the secondary market continue to receive strong demand,” it said.

Federal Land, Inc. is partnering with SM Prime to build an ultra-luxury condominium project on the last parcel of land in the upscale Apartment Ridge in Makati CBD. Colliers believes that the project may breach the PHP400,000 (USD7,400) per sqm price point.

7. F&B to further dominate retail absorption

Colliers believes the food and beverage (F&B) sector will remain the major driver of retail space absorption in Metro Manila over the next 12 months.

“We believe that the continued inflow of remittances from OFWs and rising disposable incomes, coupled with a generally stable macroeconomic backdrop, are luring more foreign F&B brands to establish a foothold in the Philippines. A number of foreign F&B brands such as Popeye’s, Panda Express, and Shake Shack are reportedly opening branches in Manila over the next 12 months, and we see this contributing to greater retail space absorption across the country’s capital,” Colliers said.

8. More foreign players in home furnishing and luxury retail in the Bay

Colliers sees sustained demand for home furnishing retail as the popularity of condo living increases. Nearly 60% of projects launched in third quarter of 2018 are studio and one-bedroom units. Hence, we encourage foreign retailers to focus on the furnishing requirements of the more compact condominium units.

Though the home furnishing segment is currently dominated by local players, Colliers believes this will become a more interesting segment once foreign players become more aggressive in opening shop in Metro Manila.
“Colliers believes that the Bay Area is ripe for more high-end F&B, footwear and clothing brands. Prada, Givenchy and Salvatore Ferragamo have opened shops in Solaire casino. The area continues to attract high-end retailers and we see more luxury brands opening shop in the reclaimed business district over the next 12 months,” it said. “The completion of new malls in the Bay Area such as Aseana mall is an opportunity for operators to house luxury retailers. The entry of more high end brands should differentiate the Bay Area’s retail offerings from the retailer profile of other business hubs including Makati CBD, Fort Bonifacio, and Ortigas Center.”

9. More strategic land banking and township development in Quezon City


Valencia Hills- Tower E is set to add more units to the New Manila, Quezon City residential stock


One Wilson Square is set to add more units to Greenhills, San Juan City residential stock

Colliers said it sees Quezon City benefiting from the planned Mega Manila Subway – a 25-kilometer underground mass transportation system connecting major business districts and government centers – as seven of the 13 stations will be set within the city. With improving connectivity given the construction of the Mega Manila Subway, Metro Rail Transit-7 (MRT7) and the common LRT-MRT station, Colliers sees Quezon City becoming more attractive for mixed-use projects that feature office, residential, and retail projects.

“With renewed interest in Quezon City, we see the proliferation of more integrated communities similar to Ayala Land’s and Eton Properties’ existing estates. In 2019, Colliers recommends and expects more aggressive and strategic land banking by developers around the first three stations in Quezon City,” it said.

10. Upgraded infrastructure to spur Cebu leisure

Luxury hotel-branded residence Marco Polo Residences – Parkview Tower is set to add more units to the Cebu residential stock

Over the next 12 months, Colliers expects property firms to take a more aggressive approach in exploring parcels of developable land especially in the Mandaue and Mactan areas that will benefit from the completion of major infrastructure projects such as the expanded Mactan-Cebu International Airport; the Cebu Cordova Expressway Link; Cebu Bus Rapid Transit (BRT); and the Cebu-Negros bridge.

Colliers believes that the completion of these projects should spur demand for more hotels and serviced apartments outside the Metro Cebu corridor. The areas of Mandaue and Mactan are also seen as highly viable for resort-oriented townships.

“We also suggest that developers build more residential projects that are leisure and lifestyle-oriented in anticipation of the increased interest brought about by the infrastructure improvements,” it said. “In 2019, Colliers expects the completion of 700 new rooms, raising Cebu’s hotel stock to 11,300 rooms from 10,600 rooms in 2017.”

How Can It Help Your Investment

The various government infrastructure projects, expanding offshore gaming industry, and the growing KPO and BPO presence are positively affecting the real estate industry of the country. Metro Manila and key areas in Luzon, Visayas and Mindanao are in a unique turning point and as an investor, you can seize the opportunity by:

  • Investing in condominiums within the peripherals of universities. This can be set up as a worker dormitory that caters to young urban professionals who want to live near their offices. OFWs are also investing on these for their children in time for their entry to college education.
  • Investing in properties outside the Metro Manila, such as Cebu, Pampanga and Laguna where expanding offshore gaming companies are encouraged to avail space.
  • Investing in premier condominium projects to lease out or sell to secondary market.
  • Investing in condominium projects in main business hubs for leasing out to work executives, including foreign expatriates.
  • Investing in condominium projects for a secondary home and at the same time a maturing investment for future income.

This 2019, top real estate developer Federal Land, Inc. is slated to launched numerous condominium projects in Metro Manila and Cebu to add to your investment portfolio. Set in key areas of Makati, Bay Area, and Cebu, these condominium projects’ value is projected to surge even further in the coming years, so watch out for the upcoming announcements and launches.

Federal Land Inc. also offers condominium units for sale in Makati; BGC (Fort), Taguig; Binondo and Paco, Manila; Entertainment City, Pasay; Greenhills, San Juan; Quezon City; Marikina; Cebu as well as in General Trias, Cavite. For lease to own units or pre-selling reservations, email us at digital.mktg@federalland.ph or visit www.federalland.ph.

Over the past decade, the Bay Area of Pasay City has blossomed into the exciting Entertainment City. Bay Area offers plenty of ways to entertain. Whether you are looking to enjoy yourself, family or friends, the Bay Area has it and more. Here is a quick list of 10 fun things to do in Bay Area.

Picnic at the Igarden

Devote a wholesome fun afternoon in the park for the whole family at the gardens of Six Senses Residences. Play Frisbee with your dog or teach your kids how to fly a kite, and then enjoy a picnic lunch – there are many ways to Sunday at the lush iGarden.

Location: Six Senses Residences, Metro Bank Ave, Pasay, Metro Manila

Walk Your Dog at Metro Park

With its wide green grass field and pet-friendly policies, the Metro Park is one of the best places to bring our furry friends for a romp in the park. Blue Bay Walk in Metro Park is also one of the few malls that hosts various pet events and allows them inside the shopping mall.

Location: Metro Bank Ave, Pasay, Metro Manila
Mall Hours: Sunday to Thursday 11:00AM-10:00PM, Friday to Saturday 11:00AM-11:00PM

Watch the Sun Set at Manila Bay

In contrast with the hustle and bustle of the metropolis, the quiet beauty of setting sun at Manila Bay presents a soothing sight to the denizens. Stroll along the Baywalk of Roxas Boulevard for the best view of the world famous sunset.

Location: Baywalk, Roxas Boulevard, Metro Manila

Shop And Dine At Blue Bay Walk

With quaint shopping galleries and a wide grass field, Blue Bay Walk is very different from other malls in Metro Manila. Blue Bay Walk is a lifestyle hub where you can find a fusion of authenticity, relaxation, and indulgence. Pamper yourself with the latest fashion trends or delectable meals without the worries of overcrowding.

Location: Macapagal Boulevard corner EDSA Extension, Pasay
Mall Hours: Sunday to Thursday 11:00AM-10:00PM, Friday to Saturday 11:00AM-11:00PM

Test Drive a Car at Toyota Manila Bay

Car enthusiasts should not miss visiting the Toyota Manila Bay. One of the largest car dealership in the country, Toyota Manila Bay’s showroom exhibits bestselling passenger cars, commercial vehicles, rugged 4x4s, environmental-friendly hybrids and performance racing car, GT 86.

Location: Roxas Boulevard corner EDSA Extension, Pasay
Hours: Monday to Saturday 9:00AM-7:00PM, Sunday 9:00AM-5:30PM

Say a Prayer at Baclaran Church

When in need of divine guidance or spiritual solace, try visiting the Baclaran Church. The Baclaran Church or the National Shrine of Our Mother of Perpetual Help is the biggest shrine in the world dedicated to Our Mother of Perpetual Help. Devotion to Our Mother of Perpetual Help is popular amongst Filipino Catholics, with devotees flocking to the Church every Wednesday. Thus, Wednesdays are popularly called “Baclaran day” in Manila.

Location: Redemptorist Road cor Roxas Boulevard Service Road, Baclaran, Parañaque

Learn the Latest Trends at World Trade Center Metro Manila

A member of the World Trade Centers Association of New York, World Trade Center Metro Manila is the preferred venue for international and professional events such as the APEC Summit 1996 and 2016. Most of the trade shows and exhibits are open to the public. Check their calendar of events to see if an event catches your fancy.

Location: Sen. Gil Puyat Avenue cor Macapagal Boulevard, Pasay
Hours: Monday to Friday 8:00AM-5:00PM

Health is Wealth at San Juan De Dios Hospital

Founded in 1578, San Juan De Dios Educational Foundation, Inc. Hospital is the oldest hospital in the Philippines. It is also Asia’s first hospital certified in OHSAS and first Philippine Hospital certified in Environment Management System and with Triple ISO Certification. So if you are looking for a new health care provider, why not consider a tested and proven hospital?

Location: 2772 Roxas Boulevard, Pasay
Clinic Hours: Tuesday to Friday 9:00AM-8:00PM

Host Your Event at Le Parc and Le Pavilion

From weddings to debuts, product launches and corporate events, fashion show to bargain hunting, events halls Le Parc and Le Pavillon at Metro Park are here for you. Picture a grand affair and you can do it in the grand hall where only your imagination sets the limit.

Location: Le Parc: EDSA, Pasay; Le Pavillon: Metro Bank Avenue, Pasay

Bump Cars at Star City

Unleash your inner child and enjoy the rides and attractions in Star City. With more than 30 different rides and attractions including the largest Ferris wheel in the country, Star City is a thrilling paradise to both kids and kids at hearts seeking adventures.

Location: Sotto Street, CCP Complex, Pasay
Fee/Admission Pass: Php80.00, Ride All You Can Pass: Php490.00
Hours: Monday to Thursday 4:00PM-11:00PM, Friday to Sunday 2:00PM-11:00PM

Want to be in the middle of these hotspots? Palm Beach West Residences – Baler Tower is opening pre-selling condo units for sale. Located within the sprawling Metro Park, between the two most traveled boulevards, Roxas and Macapagal, in Pasay City, Palm Beach West provides your family a safe and secure home, with resort-theme atmosphere and lifestyle amenities for the enjoyment of the family and a neighborhood bustling with life and excitement of Entertainment City.

With Federal Land, owning your first condominium residence is easy. Just contact our representatives, provide a Philippine government-issued ID (with your Tax Identification Number), fill up the required forms, pay the reservation fee and voila! The unit is booked under your name. You are now ready to start a home loan application through in-house or bank financing.

Federal Land Inc., also offers condominium units for sale in Makati; BGC (Fort), Taguig; Binondo and Paco, Manila; Entertainment City, Pasay; Greenhills, San Juan; Quezon City; Marikina; Cebu as well as in General Trias, Cavite. For lease to own plan details or pre-selling reservations, email us at digital.mktg@federalland.ph.


Photo via Patrickroque01 (Creative Commons 4.0 License)
Marikina City is a picturesque old city verging on urban modernization featuring a thriving economy, modern malls, ancestral houses, wide green parks, and friendly citizens. Just east of Metro Manila, Marikina may feel like a small town with clean streets, quiet neighborhood and green spaces; but it is still very much a city with a thriving shoe industry with easy proximity to major business districts of the Metro Manila.

Though it is best known as the Shoe Capital of the Philippines, Marikina City has more to offer to those looking to settle down in her land. From museums to food trucks to pride parades, here are seven reasons why we love Marikina:

The Vast Green Spaces And The Fresh, Clean Air

Photo: Marikina City Government
In the early years of Spanish colonization, Marikina was one of the largest haciendas in the Philippines. The fertile land produced excellent crops, bountiful harvest, wealthy farmers and a prosperous town. Though the Marikeños turned to shoemaking in 1887, Marikina has preserved its greenery and transformed its farmland into parks. Each of Marikina’s 16 barangays has at least one mini-park, and in the middle of the city is the vast Marikina River Park.

So thanks to the lush greenery, the air in Marikina is so much cleaner than the rest of Metro Manila.

Did you know?


Photo via judgefloro (Creative Commons 1.0 License)
The Carabao Trail along the riverbank traces the old route used by the farmers and carabaos to and from their home and rice fields.

The Rich Culture And Heritage

Photo: Philippines Lifestyle
Marikina has a colorful history of how the shoemaking industry started. A visit to Don Laureano “Kapitan Moy” Guevara’s home turned museum will give you a quick history lesson about the birth of shoemaking industry in Marikina City. Down the street, you will find the Marikina Shoe Museum. The museum features the traditional footwear of Filipinos and other nationalities, and the shoes owned and worn by famous politicians, public servants, and celebrities. The museum is also the home of the former First Lady Imelda Marcos’ (in)famous shoe collection.

Marikina also holds vibrant and colorful festivals celebrating its heritage and culture. The Ka-angkan Festival celebrated every April 16 honors the founding families of Marikina. The Rehiyon, Rehiyon Festival celebrated every December 8 honors the migrant families and their contributions to the city’s progress. The Sapatos Festival is a three-month long celebration beginning in September honors the creativity, craftsmanship, style and high quality of Marikina shoes.

Did you know
Marikina City is now referred to as the “City of Pride” for hosting Metro Manila Pride March in 2017 and 2018.
Photo:

The Foodie’s Haven

Photo: Crave Park

Now, you might be familiar with the popular food hubs in Maginhawa St. in Quezon City, Kapitolyo in Ortigas, and Aguirre Avenue in BF Homes Parañaque. But there is another thriving food scene you don’t want to miss – Lilac Street and Mayor Gil Fernando Avenue in Marikina.

Dubbed as the Maginhawa Street of the East, Lilac Street in Concepcion Dos is a strip of highly-rated restaurants set up in a charming neighborhood. Wandering around Lilac Street and nearby streets, you will find restaurants offering the best Singaporean, Japanese, Thai, American, Mexican and Filipino cuisine.

Mayor Gil Fernando Avenue, on the other hand, hosts new Instagram worthy food parks. The Crave Food Park features not only multinational gastronomic experience but also badass artsy murals. The Carnival Food Park stays true to its name with its carnival-themed setup, costumes and food. The other food parks are Terminal 8 Food Park & Lifestyle Hub, Windsor Food Park, and EATsetera Food Park.

Protip
Make sure to bring all your food buddies and come in a group to try more restaurants at a lesser cost.

The Huge Workout Space

Photo via Patrickroque01 (Creative Commons 4.0 License)
A haven to sports enthusiasts and hobbyists, Marikina Sports Center is a three-hectare complex featuring an Olympic-size pool, an athletics track, a natural grass pitch, basketball courts, volleyball courts, tennis courts, badminton court, and an indoor gymnasium. Residents can come in for a run or exercise as the sports center is open 24 hours every day.

The sports center also hosts several sports competitions including 2014 ASEAN School Games and grand concerts, television shows, and community events such as summer clinic for children ages 7 to 16.

Did you know?

The city government has started the rehabilitation of the Marikina Sports Complex.

The Convenient Access to What Matters Most

With only an area of 22.64 square kilometers, Marikina is a small city with at least 80 private schools, 7 colleges and universities, 10 hospitals, 10 malls, 5 churches, 20 gas stations, 89 banks, public market, mini parks, the iconic Marikina River Park and the vast Marikina River. With everything just a few minutes’ drive away, there is no shortage of essentials.

Moreover, major highways such as the C-5, Katipunan Avenue and Commonwealth Avenue, connects Marikeños to central business districts of Quezon City, Ortigas, Makati and Bonifacio Global City; and top universities such as Ateneo de Manila University and University of the Philippines Diliman Campus. While the scenic Marikina-Infanta Highway or Marcos Highway connects Marikina to Rizal, Laguna and Quezon for an easy weekend getaway.

The Growing Business Hub

The main industry in Marikina is shoemaking at Shoe Avenue, however there is also an upcoming food hub in Lilac Street and Mayor Gil Fernando Avenue, a booming entertainment scene at Angel Tuazon Entertainment District, a large BPO sector at IT Centers in Riverbanks e-Com, and a thriving manufacturing industry at Marikina Industrial Park.

Did you know?

The world’s largest pair of shoes is made by the shoemakers of Marikina in 2002. It measures 5.29 meters long and 2.37 meters wide.

The fusion of the urban and suburban makes Marikina an ideal home for many Filipinos starting a family. It is a city close enough to major business hubs but without the hustle and bustle of the metropolis. It is a quiet city-town where the elderly can sit and relax at a town plaza and where kids can ride their bicycles at the main street. Because of this, real estate in Marikina is flourishing. Aside from the residential house and lots in its many subdivisions, there are now a number of condominiums for sale in Marikina City.

Located near Marquinton Residences along Sumulong Highway, the Siena Towers of Federal Land offer condominium homes ideal for starting families. Siena Towers is a two-tower condominium offers a beautiful and secure home in a vibrant community with the Blue Wave Mall a few steps away. Residents of both Siena will enjoy outstanding amenities; proximity to major weekend destinations, office towers, shopping centers, and premier schools like the Marikina Science High School, Ateneo de Manila University and the University of the Philippines Diliman; and spectacular views of the Sierra Madre in the East and the metropolis in the Southwest.

The Diverse Real Estate Choices
With Federal Land, owning your first condominium residence is easy. Just contact our representatives, provide a Philippine government-issued ID (with your Tax Identification Number), fill up the required forms, pay the reservation fee and voila! The unit is booked under your name. You are now ready to start a home loan application through in-house or bank financing.

Federal Land Inc. also offer condominium units for sale -pre-selling condo units or lease to own condo units that are ready for occupancy (RFO) in Makati; BGC (Fort), Taguig; Binondo and Paco, Manila; Entertainment City, Pasay; Greenhills, San Juan; Mandaluyong; Quezon City; Sumulong Highway, Marikina; Cebu as well as in General Trias, Cavite. For lease to own plan details or pre-selling reservations, email us at digital.mktg@federalland.ph.

Investing in real estate in the long term is an excellent addition to one’s investment portfolio. Purchasing a property is both low-maintenance and high-return investment. A condominium property can be rented out and provide a passive monthly income to the investor. In a few years’ time, it can then be resold to maximize the market value of the property.

With the construction boom in the country, real estate investment is not for the bourgeoisie only. Any Filipino with enough savings can afford the opportunity to invest in real estate.

So instead of letting your hard-earned money sit idle in a bank account, why not try your hand at real estate investment. Here are some guidelines to help you acquire property for investment without a hitch.

Find a Bank

Buying a property is a huge financial move. So the first step in investing is to make sure you have enough capital to complete the transaction. If you prefer to pay cash upfront, prepare enough to cover the total contract price, documentary stamps tax, transfer tax, registration fee, and notarial fees.

If you are going the route of the mortgage or housing loan, it is important to know how much a bank can lend you. You can go check online for a home loan calculator of reputable banks like Metrobank and PSBank to know. The computation is based on the loan amount, loan term in years, interest, and your gross monthly income. Though the online loan calculator result is not legally binding, it is important to understand how much you can loan from the bank. This will guide your search for the property suited to your budget.

Need an urgent loan, PSBank now offers one-day loan approval, convenient housing loan terms and great rewards with PSBank Home Loan with Prime Rebate.

Establish the specifics

Determine how the prospective property will be used. Then you can decide the type and location most suitable for your plans. Will you rent it to students, office workers, or tourists? Establishing the specifics will also help you consider the renovations and furnishings you will be willing to spend on the property you are eyeing.

For instance, you have decided to cater to office workers. You will then look to invest in condominiums for sale near Makati, BGC and Pasay business districts. Consider taking advantage of pre-selling rates of Palm Beach West- Baler Tower located within the Entertainment City in Pasay to cash in on the growing rental market of offshore gaming firms.

Call a friend

With the current construction boom in the country, there are many available properties to choose from. To avoid choice paralysis, talk to a trustworthy broker. Property acquisition can be a daunting task, especially for first timers, so real estate agent is your friend. Asking assistance from a reliable property broker will make your purchasing transaction a whole lot easier instead of directly dealing with the seller or the developer.

Also, ask friends who are already in the real estate investment game to recommend a reliable developer with a solid track record like Federal Land.

Prepare the Papers

Acquiring a property requires proper documentation to assure the legality of property ownership. Ensure that you have the necessary paperwork in order such as:

• Fully accomplished Reservation Application Form
• Fully accomplished Buyers Information Sheet
• Government-issued ID (bearing the client’s picture and signature)
• Passport
• Duly filled-up BIR Form 1904/1903
• Community Tax Certificate
• Latest Proof of Billing
• Latest Income Tax Return
• Withholding Tax Remittance
• Certificate of Employment with Compensation
• Two Years Bank and/or Financial Statements

Request for the full list of requirements from the seller or developer and comply accordingly to avoid the hassle of returning to the office or incurring penalties.

Write that check

Depending on your financial capacity, there are various payment plans available such as in-house financing and bank financing. Request a sample computation and determine which among payment plans is the most practical for you. Carefully consider the pros and cons of each plan before deciding.

If you choose to pay in installments through in-house financing, know that a complete set of post-dated checks is a requirement for monthly amortization or down payment. In case you do not have a checking account yet, set up one. Just make sure to fund it sufficiently for the monthly amortizations.

It is also important to make sure that the Transfer Certificate of Title, Deed of Sale, Contract of Sale and other relevant documents on the property are filed on the Register of Deeds.

Inspect the unit

Before taking the keys, make sure that you and other family members inspect the unit before the turnover of the property. Check for the condition of the load-bearing walls, floors, water pipes and electrical provision among others. Best if you can bring an experienced inspector to ensure nothing is amiss before the turnover.

Wait for the Cash to Flow

There are two basic ways to make money out of real estate: reselling and renting. Because of the rapid developments within the country, properties go up in resell value anywhere between 10 to 100 percent every year because of appreciation. Rental properties, especially near business hubs and university belt, also enjoy good yield as the demand for nearby dormitories is constant.

However, understand that buying low and selling high is not as easy as it sounds. A property in a good location always fetches a good price, but buyers and renters may not always be present. Hence, you should be ready to wait for some time.

Acquiring a property and starting a real estate investment may sound overwhelming. But what is a couple of months stress for an asset that will make you money for years? My answer: the ticket to financial freedom.

With Federal Land, investing in a condominium is easy. Contact a representative to inform us of your intent to buy, provide a Philippine government-issued ID (with your Tax Identification Number), fill up the required forms, pay the reservation fee and voila! The unit is yours. And we are ready to start your home loan application through in-house or bank financing.
Federal Land Inc. offers condominium units for sale in Makati; BGC (Fort), Taguig; Binondo and Paco, Manila; Entertainment City, Pasay; Greenhills, San Juan; Quezon City; Marikina; Cebu as well as in General Trias, Cavite. For lease to own plan details or pre-selling reservations, email us at digital.mktg@federalland.ph.


Before the craze for anything Korean, Filipinos love all things from Japan.

As it is at the forefront of Japan of creative, cultural and technological advancement, Japan became synonymous with robots, anime and kawaii. Japanese brands churn products that are timely, relevant, practical yet very appealing. The minimalist, high-tech and exoticness of Japanese brands have captured the hearts of not just to the Filipino market, but also of the world.

From entertainment to technology, here are five things from Japan that we just cannot get enough of.

Anime


Image from Otaku Kart

Who could forget rushing home after school to watch Naruto? Or finishing dinner early to watch Ghost Fighter on primetime? Or getting up early on Saturday to watch Doraemon? Remember when the Marcos regime banned Voltes V?

Philippines is one of the biggest anime fans in the world. For decades, anime dominated Philippine TV. They occupied weekday midday and primetime, weekend mornings and primetime slots. With the cool robots, flashy hairdos and unmatched martial arts prowess, the Japanese animation entertained and taught the young and the young at heart the importance of friendship, goodness and following your dreams.


Image from Otaku Kart

Did you know?

Dragon Ball, Sailor Moon, Slam Dunk, One Piece and other beloved anime series were animated in the Philippines through Toei Animation Philippines.

Japanese Food

The Japanese cuisine is widely popular in the Philippines. With more than 1300 Japanese restaurants, there is no doubt Filipinos love Japanese food. You will find numerous ramen houses, sushi bars, shabu shabu hot pots, tempura shops, donburi restaurants and takoyaki stalls in shopping malls, food parks, and weekend markets anywhere in Metro Manila. The precise preparation and neat flavors of Japanese cuisine present the right blend of familiarity and exoticism that gives a unique experience that is both comforting and exciting to the Filipino palate.

Did you know?

Halo-Halo derived from the pre-war Japanese desert kakigori, which was snow with condensed milk and syrup. Japanese farmers who came to the Philippines modified kakigori and called it mongo-ya. Mongo-ya is cooked red beans topped with ground ice, sugar and milk sold for ten centavos.

Lifestyle and Fashion


Image from Anello

Because of its minimalist design, high functionality and foreign element, Japanese lifestyle and fashion have captured the hearts of Filipino fashionistas.

Japan’s latest IT bag Anello is sweeping Philippines and has opened around 25 stores nationwide. Anello offers modern backpacks and handbags with a classic feel and the signature hinged clasp zipper.

Japanese retail clothing Uniqlo, which offers technology-infused modern wardrobe essentials, has over 50 stores in the country and is set to open a global flagship store in Glorietta 5, Makati.

Then there is the Japanese dollar store Daiso which offers various home and lifestyle products. With about 80 stores nationwide, Daiso Japan carries home décors, lifestyle products, kitchenware, home improvement, gardening tools, pet food and accessories, toys, and other kawaii finds starting at 100 Yen or P88.


Image from Nikkei Asian Review

Did you know?

Ministop, Family Mart and Lawson Station are convenience store chains from Japan. These one-stop shops provide quick meals, snacks and other necessities for the denizens of Metro Manila.

Technology

(Photo by Eric Thayer/Getty Images)

Japanese inventions changed the way modern people lived. The Japanese made significant contributions across scientific and technological domains, especially in the digital revolution. Japan has given us the Walkman (Sony), the VHS recorder (JVC), rice cooker (Toshiba), LCD screens (Sharp), DSLR (Canon, Nikon), laptops, robots, and bullet trains.

Japan’s latest consumer technology, as seen in Combined Exhibition of Advanced Technologies (CEATEC) 2017, includes a healthcare tool promoting better chewing techniques called Bitescan from Sharp, an army of factory robots called Autonomous Intelligent Vehicles (AIVs) from Omron, a child-care partner robot called Cocotto from Panasonic, and a robotic therapy cat called Qoobo by Yukai Engineering.


Image from Nikkei Asian Review

Did you know?

The upcoming Mega Manila Subway project is in partnership with Japan International Cooperation Agency. The subway is set to be a 25-kilometer underground mass transportation system connecting Makati, Pasay and Bonifacio Global City.

Modern Living

Due to the relaxation of Japan’s visa policy for Filipinos and the increasing number of flights between Japan and Philippines, more and more Filipino tourists visit the Land of the Rising Sun to experience Japanese everyday living.

If you are looking for modern Japanese living and shopping, there is no need to fly to Japan with Federal Land’s upcoming Japanese community The Seasons Residences and Japanese mall Mitsukoshi.

In partnership with Japan’s leading property developer firm Nomura Real Estate Development Co. Ltd. and iconic retailer Isetan Mitsukoshi Holdings Ltd, Federal Land Inc.’s The Seasons Residences is the perfect fusion of Japanese ingenuity and modern luxuries. Seasons Residences will have four residential towers, ranging from 41 to 51 floors, which will feature the Japanese elements of functionality, safety, harmony with the environment and simplicity.

The first Japanese-inspired condominium in the Philippines, the first tower of The Seasons Residences, Haru, will have 304 distinct units measuring 45 square meters up to 175 square meters. Residents will enjoy Japanese-inspired landscapes and amenities such as wellness spas, sky garden, dry garden, BBQ terrace, karaoke, game room, swimming pools, fitness gym, library, business centers and function halls.

The Seasons Residences will feature internationally renowned Mitsukoshi shopping in the podium level featuring Japanese fashion, food, cosmetics, and enterprise. Founded in 17th century Tokyo, Mitsukoshi is known to travelers who frequent Japan, primarily the Ginza branch. Mitsukoshi is also in Taiwan, China, South Korea, Hong Kong, Italy, and the USA.

Touted to be the first Japanese-inspired lifestyle condominium residences in the Philippines, The Seasons will offer not only Japanese Zen sensibilities but also a complete community experience with the Grand Central Park Township. The Grand Central Park by Federal Land is an exclusive eleven-hectare enclave composed of first-rate residential towers, distinguished business hubs, haute couture shopping and exciting gastronomic destinations. Strategically located in North Bonifacio Global City, Grand Central Park presents unique spaces for living, working, shopping and dining dedicated for a well-balanced lifestyle in a location where the best of Makati, Ortigas, and BGC revolve around you.

With Federal Land, owning a family condominium residence is easy. Just contact a representative to inform us of your intent to buy, provide a Philippine government-issued ID), fill up the required forms, pay the reservation fee and voila! The unit is booked under your name. You are now ready to start a home loan application through in-house or bank financing.

Federal Land Inc. also offers premium condominium units for sale in Makati; BGC (Fort), Taguig; Binondo and Paco, Manila; Entertainment City, Pasay; Greenhills, San Juan; Quezon City; Marikina; Cebu as well as in General Trias, Cavite. For lease to own plans, pre-selling reservations, or ready for occupancy units, email us at digital.mktg@federalland.ph for more details.