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.


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.

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.

If you are actively looking for investment opportunities, you would have heard of the term “pre-selling.” Pre-selling condos, as the name implies, are condominium units available for sale before the building is completely constructed. Although buying a condominium under these circumstances may seem unconventional, pre-selling condominiums do have advantages. Here are the top three benefits of buying properties while they are still in the pre-selling stage.

Low Introductory Price
Condominium projects are launched at a low introductory price to generate interest and attract investors. Given the rapid appreciation in today’s real estate market and the finite property of developable land, prices of ready-for-occupancy units can climb up to twice the original price offer.

Flexible Payment Terms
Pre-selling condos offer flexible payment terms to make monthly payments straightforward and effortless. On top of the low introductory price, you can get a significant discount and a more spread out payment term when you avail at the start of the pre-selling phase.

Quick Return on Investment (ROI)

The value of real estate appreciates over time. This is especially true with pre-selling properties. Condominium projects are typically completed within a few years. By that time, the property’s value would have appreciated considerably and the buyer can earn a hefty profit by reselling his unit or leasing it out for a steady cash flow.

The Seasons Residences in Bonifacio Global City is a joint venture development of Federal Land, Inc., Nomura Real Estate Development Co., Ltd. and Isetan Mitsukoshi Holdings Ltd. A premier four-tower residential development, The Seasons Residences will be home to the first Mitsukoshi Mall in the Philippines.

Quick Tips on Pre-selling Condos
As a smart homebuyer, beware of potential troubles that can hurt your investment. Here are some tips to help you avoid unnecessary difficulties from the get go:

  1. Buy only from reputable real estate developers with a solid track record of delivering quality properties on time.
  2. Make sure to understand all terms and conditions before signing any document.
  3. If you plan to purchase through a home loan, canvass reputable banks only.
  4. Avail the services of a licensed broker or a trusted property specialist to guide you through the acquisition.
  5. Verify the project’s legitimacy on Housing and Land Use Regulatory Board (HLURB). HLURB is a government agency that regulates the Philippine real estate industry.

Mi Casa in Bay Area, Pasay City is an upcoming vertical residence reminiscent of Hawaii’s tropical ambiance redesigned for contemporary Filipino living.

Prime real estate developer Federal Land, Inc. has dedicated itself to developing properties that are faithful to the aspirations and expectations of its residents. Each Federal Land project adheres to the highest standards and is built to be of topnotch quality.

Quantum Residences along Taft Avenue is centrally located amidst known universities and business establishments in the area. Perfect for college students and hardworking professionals in pursuit of their careers and interests.

Among Federal Land’s pre-selling developments are The Seasons Residences in North Bonifacio Global City, Taguig; Mi Casa and Palm Beach West in Metro Park, Bay Area, Pasay City; Quantum Residences along Taft Avenue; Marco Polo Residences in Cebu City; Valencia Hills in New Manila, Quezon City; Florida Sun Estates in Cavite; Peninsula Garden Midtown Homes in Paco, Manila; and Siena Towers in Marikina City.

For more information on pre-selling condos, 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.

In photo are: Marieless R. Uy (Federal Land sales referral partner in Dubai); Chary B. Francisco (Federal Land Corporate and Digital Marketing Head); Jasmin B, Fisalbon (Federal Land Director of Sales, Stars Division); John Frederick C. Cabato (Federal Land Senior Vice President & Head of Sales and Marketing); our sales referral partners in Dubai: Honey Mae De Guzman, Mark Jayson Balaguer, Mark Emman Culapo and Jerome Barrocan.

The United Arab Emirates is reputable as a leading destination for Overseas Filipino Workers (OFWs).  With high wages and a zero income tax policy, over 800,000 OFWs in Dubai made an astounding remittance of at least $6.62 billion in 2018, according to the latest government figures.

The steady financial gains thus encouraged financial literacy and investment among the Filipino population, with real estate investment a major point of interest.  In a survey by New Perspective Media Group, 8 out of 10 Filipino expats in UAE are considering buying property in the Philippines within the next 12 months. Property tops the list of preferred investments (55%), a growingly popular alternative to putting money into a savings account, money market or insurance.  The top 3 locations preferred are Manila, Cavite, Laguna.

Introducing OFWs to an array of valuable real estate opportunities, esteemed real estate developer of 47 years Federal Land, Inc. joined the recent Philippine Property and Investment Exhibition (PPIE) at JW Marriott Deira in Dubai, United Arab Emirates. The Philippine Property and Investment Exhibition is the largest exhibition of Philippine real estate investment in the Middle East featuring the top firms of the Philippine property scene such as Federal Land, Ayala Land, SMDC, Robinsons Land, Greenfield Development, and Aboitiz Land among others.

Federal Land’s presence at the exhibition underscores its motivation to support OFWs in Dubai in their quest of looking for their dream homes and investments properties. Federal Land showcased Palm Beach West – Baler, one of four towers in the company’s sprawling 4-hectare Metro Park, a mixed-use estate in Pasay City; Florida Sun Estates – Orlando, the latest phase to join the resort-like and clustered residential development in Cavite City; Siena Towers, a two-tower high-rise residential condominium in Shoe Capital suburban, Marikina City; and Quantum Residences, a millennial-oriented condominium community located at Sen Gil J. Puyat Avenue corner Taft Avenue.

In his talk during the event, Federal Land’s Senior Vice President and Head of Sales and Marketing John Frederick Cabato urged attending OWFs to “leverage the sustained strength and growth of the Philippines’ real estate industry.”  He emphasized the value of being decisive and daring in their investment as “their decisions today would shape their future, especially when the time comes for them to head back home.”

OFWs showed high interest in Federal Land’s condominium developments, learning how they are ideal for themselves and their families with the properties’ unique design, modern amenities, and conveniences, as well as strategic locations, which encompassed proximity to universities, growth priorities by the local and national government, and ideal retirement areas.

For more info about Federal Land’s latest developments, visit www.federalland.ph.

Mi Casa at Metro Park

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 Federal Land, Inc. condo is your best bet to grow your investment.  Here are five good reasons for buying and investing in Federal Land’s Metro Park.

 

Residences are resort-inspired communities

Mi Casa at Metro Park

The condominium communities of Metro Park redefine high-end living with a relaxing vacation atmosphere.  Residents will get the feeling of not just being at home, but also being like at a resort at the same time with its club-like amenities and tropical aesthetics against the backdrop of the world-famous Manila Bay sunset, only for the select few.

Prospective homebuyers and investors can choose from several deluxe resort communities.  There is the exclusive Bay Garden Club and Residences, the first community to rise in the Metro Park enclave.  There is the Six Senses Residences, distinctive for its lucky number eight shape. There is also the sunny Palm Beach Villas and Palm Beach West.

Federal Land’s latest offering by the bay is Mi Casa, a vibrant vertical residence reminiscent of Hawaii’s reinvigorating aesthetic of open sea and air.  Mi Casa will have four towers: Hawaii, Maui, Lanai, and Honolulu that will bring in the modern tropical paradise streamlined for Filipino contemporary living.

Each of the condominium communities offer thoughtfully designed and well-spaced units for comfortable living.  There are also intimate gathering spaces in the amenity deck to foster a close communal relationship.  Residents can host barbeque parties, movie nights and play dates all within a neighborhood that embraces the sun, wind, and sea.

 

Federal Land is one of the top developers in the country

Six Senses Residences at Metro Park

As a homebuyer and investor, acquiring property from a reputable developer with a solid track record is a must.  It guarantees that the condominium project is delivered on time, has topnotch quality and set in a strategic location – three factors that will ensure your condo can fetch a good price in the secondary and rental market.

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.

Metro Park is a master-planned community

Blue Bay Walk at Metro Park

The Metro Park community is 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, Palm Beach West, and Mi Casa; 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.

 

Bay Area is near business districts, university belt

The South Luzon Expressway and The Metro Manila Skyway

Though located on the western coast, the Bay Area can easily access the important places of the Metro Manila.  Bay Area is near the central business districts of 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 are within Pasay 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.  Bay Area is also near the Ninoy Aquino International Airport and Port of Manila, providing more convenient transportation between the other destinations in the country.

 

Investment has high returns

Mi Casa at Metro Park

Colliers International Philippines foresees 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 sq. meter.  The high demand and the soaring price are due to the influx of Chinese expatriates working in the Philippine Offshore Gaming Operations (POGO).  Another reason is 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.

Looking at some of the 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.

Mi Casa at Metro Park

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

 

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.

Known for its sky-high towers, luxury shopping, and a large expat community, Dubai is a thriving global city rising within the Arabian Desert. It is no wonder why Dubai is a leading destination of Overseas Filipino Workers (OFWs). With almost 450,000 Filipinos living and working in Dubai, you will surely find “kabayan” nurses and doctors in every hospital and clinic; teachers in international and Filipino schools; architects, engineers, labors in every construction site; accountants, managers, and clerks in every company; sales personnel in every shop; chefs and waiters in restaurants; singers and chambermaids in hotels; and fashion designers, artists, web designers, animators in various freelance businesses. Hence with their diligence and competence, Filipinos in Dubai and other emirates in UAE remitted a total of $1.5 billion or (DH5.5 billion) to support their families back home.

This sunny situation makes Filipinos in Dubai more optimistic with their careers and future. In a 2018 survey of 2,000 Filipino expatriates in UAE, eight out of ten said they are ready to invest in real estate. Many OFWs plans to buy a condominium, house or villa as a retirement nest egg or as a passive supplementary income for their dependents.


A Palm Beach West condo unit can be rented out to young professionals working in the Bay Area Central Business District or resold to a family that is upgrading to condominium living.

Opportune Time for Investments

With numerous infrastructure investments from the government and the private sector, the World Bank sees the Philippines continue to be the fastest-growing economy in Southeast Asia. Moreover, organizations such as US News and Asia Property HQ also named the Philippines as the best country to invest in the region.

Though the house and condominium prices in the Philippines is rising, the Philippine peso is still weak against the US dollar, boosting the Filipino expatriate’s United Arab Emirates Dirham (AED) purchasing power in the Philippine market.

Properties in central business districts such as Makati, Bonifacio Global City (BGC) and Bay Area command highest prices due to its high demands and subsequent high returns. In a recent report, global real estate organization Colliers International Philippines sees the capital value to continue increasing with an average price of a prime three-bedroom unit in the secondary market ranging between PHP131,000 and PHP329,000 per sq. meter, increasing between 5% to 6.5%.

Colliers also sees rental yield to grow as developers pop up new supply. At the same time, demand in the secondary market will be sustained by a mix of demand from foreign and local professionals. Thus buying a home to rent out or resell is very attractive.


A Quantum Residences condo unit can be converted into a dormitory to cater to students studying in the university belt or to young professionals working in Makati Central Business District.

Property Recommendations

For first time investors, it would be prudent to start with a moderate risk investment that has potential for high returns. Condominiums on the fringes of Makati, Pasay and Quezon City have a lower capital but relatively high demand from young professionals working on the central business district and mid-income families that are upgrading to condominium living.

Condominiums near leading universities are also good investment opportunities to rent to college students coming from various parts of the country. Condominiums in Marikina can be advantageous for its proximity to the University of the Philippines – Diliman, Ateneo de Manila University and Miriam College.

Properties in Cavite should entice families from Southern Luzon, especially with the completion of the road and train projects that will connect the south to the center.


A Florida Sun Estate house and lot property can be rented out or resold to a family who want to raise children away from the hustle and bustle of Metro Manila.

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For Filipinos in the Middle East who want to know more and interested invest in various Federal Land projects, visit our property page or join us in the Philippine Property and Investment Exhibition on April 26-27, 2019 at Marriott Deira, Dubai, United Arab Emirates.

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.