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.


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.

The prime real estate development company, Federal Land Inc. has launched the third tower in its Four Season Riviera residential community in Binondo, Manila.

Designed to bring good feng shui to its residents, the riverfront Four Season Riviera boasts of generous living space perfect for families, retirees, professionals, business owners and foreign immigrants looking to assimilate into the thriving Filipino-Chinese community in Binondo.

Four Season Riviera – Peony Tower, the third tower of this real estate development, offers spacious layouts of one-bedroom unit measuring up to 47 square meters; two-bedroom unit measuring up to 89 square meters; three-bedroom unit measuring up to 142 square meters; and four-bedroom unit measuring up to 184 square meters.

The Peony Tower also offers generous amenities to its residents. Aside from the usual fare of swimming pools, spacious fitness center and function rooms, Peony residents will enjoy wellness amenities such as a Yoga Room and Tai Chi Areas; entertainment amenities such as Game Room, Entertainment Room (with home theater and KTV area) Children’s Playground, Day Care, Outdoor Recreation Area. Other amenities include Reading Lounge, Study Room, Outdoor Lounges, Landscape Gardens and Gazebos.

This is the fifth project that Federal Land launched this year. The other four projects Federal Land have launched this year are the Baler Tower of Palm Beach West in Bay Area, Pasay; Mimosa Tower of Peninsula Garden Midtown Homes in Paco, Manila; Orlando Phase of Florida Sun Estate in General Trias, Cavite; and Quantum Residences in Taft, Manila.

Federal Land residential properties are almost sold out and only have a few units left in its inventory. Interested homeowners and investors can choose among the remaining pre-selling and RFO (ready for occupancy) units. For lease to own plans, pre-selling reservations, or ready for occupancy units, email us at digital.mktg@federalland.ph for details.


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.

9 Places in BGC Perfect for Your Kids Weekend
Weekends are the time when you don’t have to go to work, and your kids don’t have to go to school. It is time for relaxation and family bonding. At Bonifacio Global City (BGC), there are lots of places to take the whole family for a weekend of smiles and happy memories. Look forward to Saturdays and Sundays with these nine places perfect for your kids.

Stan, the T-Rex of Earth Gallery,

Stan, the T-Rex of Earth Gallery, Mind Museum
Mind Museum. Science comes alive in the first world-class science museum in the country. Located at J.Y. Campos Park, Third Avenue, you and your kids will enjoy and learn from 250+ playful and interactive exhibits in the Atom, Life, Earth, Universe and Technology galleries. Mind museum also organizes cool experiments, fascinating projects, and mind-blowing conversation sessions with Mind Movers, affiliated science teachers and resident scientists in featured fields.

Kidzania Manila

The various activities of Kidzania Manila
Kidzania Manila. How can you teach your children to be big world-ready? Take them to Kidzania Manila, so they play to learn! Kidzania is an indoor themed city scaled for kids created by educators and child development specialists to provide a fun, safe and realistic space wherein kids can role-play various careers and activities. Located in at Park Triangle North, 11th Avenue, Kidzania offers over 100 role-playing activities wherein kids can experience careers as pilots, doctors, performing artists, architects, and more.

iCreate Café. While it is not the latest addition to Philippine education, Robotics is rapidly gaining popularity among the youth. As a parent, how can you reinforce your child’s new interest? Well, let them practice programming robots in the weekends at iCreate Café located on the 3rd floor of the Venice Grand Canal Mall, Mckinley Hill. iCreate Café is a workshop with basic Lego blocks, programmable Lego robots and resident robotics experts to help kids program their little creations.

Lazer Xtreme

Image from www.lazerxtreme.com.ph
LazerXtreme Manila. This futuristic fun for the whole family is located at the 4th level of Market! Market!, McKinley Parkway. LazerXtreme Manila is a modern take on the backyard staple game of tag. The kids will enjoy the colorful neon lights, big laser guns, and exhilarating unique adventure.

Active Fun. How do you channel your overactive child’s energy? The easiest way would be to teach them sports. However, if your kid’s coach is not around, a happy alternative would be to park them in Active Fun at Bonifacio High Street, 9th Ave cor 28th Street. High-energy kids need time to play, so after homework and projects, let the young ones play to their heart’s content and make friends at the trampolines, hanging bridges, and giant slides of Active Fun.

Terra 28th

Terra 28th by Elmer Domingo via Wikimedia Commons
Terra 28th. Want to teach your kids your favorite games back in the day? Terra 28th is your place to go. Terra 28th is an outdoor playground featuring futuristic playground installations and old-school Patintero, Piko and Luksong Baka courts where young kids can enjoy classic Filipino street games, and. Terra 28th is located along 28th Street beside Bonifacio High Street.

Track 30th. If fitness is what you want to pass along to your kids, by all means, bring your kids to Track 30th at 30th Street, beside Bonifacio High Street. A mere twelve-minute walk to Grand Central Park, Track 30th is a jogger’s haven, featuring non-slip asphalt pavements, circular mini track, and artistic exercise installations. Take your kids running then to a little picnic while chatting how proper exercise is essential to their well-being.

Flying Trapeze Philippines. Admit it. You have once thought of running away and joining the circus. How about you start a circus with your family? Book flying lessons for the whole family with Flying Trapeze Philippines. Located at 24 Federacion Drive, Flying Trapeze Philippines will teach you proper form, acrobatic tricks – a one-of-a-kind experience that will set the family bonding bar high.

Grand Hyatt Manila

Grand Hyatt Manila. How about you plan a “staycation” over the long weekend? #LiveGrand and enjoy a luxurious stay in the country’s tallest landmark building, Grand Hyatt Manila. Located in 35th St BGC, this five-star hotel offers Hyatt Grand Bed™, lavish amenities, succulent cuisine, breathtaking views, premium retail therapy and the legendary Hyatt service making it a destination within a destination. You can also throw a grand birthday bash for your children at the Grand Hyatt’s numerous events halls and with the help of resident chefs.

Grand Central Park

Grand Central Park
Strategically placed at North Bonifacio Global City (BGC), Grand Central Park is a new premier community that allows for expansive development, and places the community between three major central business district in the Philippines. Enjoy living in a city within a city complete with exclusive spaces for living, working, shopping, dining and strolling in parks, in a location where the best urban districts in 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 (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. 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.