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

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

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


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

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

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

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

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


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

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

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


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

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

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

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

Though it is best known as the Shoe Capital of the Philippines, Marikina is now home to a variety of restaurants that will pique your interest and tickle your taste buds. From all-time breakfast favorites and classic comfort food to Asia fusion with a twist, foodies will have a hard time deciding what to try first. So here are a few favorite restaurants you shouldn’t miss when driving east of Metro Manila.

Fino Deli

Photo via Fino Deli Facebook Page

Fino Deli is the first wine bar and delicatessen in Marikina City.  Aside from a great wine and cheese selection, they serve classic Italian and Spanish fares. The classy and rustic interior sets the right vibe to make sure you savor every bite.

Must try:  Cinco Queso, Truffle Mushroom Pasta, Tomahawk Porkchop

Address: 151 SE Dao, Marikina Heights, Marikina City

Ca Phe Saigon

Photo via Ca Phe Saigon Facebook Page

Hidden in an unassuming house in a Marikina residential area, Ca Phe Saigon is a culinary gem that will satisfy your cravings for Vietnamese food.  This hole-in-the-wall serves a selection of soup noodles, rolls, sandwiches, and salads.  And with a Vietnamese leading the kitchen, you are guaranteed an authentic and healthy meal.

Must try:  Banh Mi, Beef Pho, Vietnamese Coffee

Address: 14 Red Cedar Street, New Marikina, San Roque, Marikina City

 Rustic Mornings by Isabelo

Photo via Rustic Mornings Facebook Page

What’s better than an indulgent breakfast? Breakfast in the garden! Rustic Mornings by Isabelo is a garden restaurant known for its serene al fresco dining setting and all-day breakfast menu. Their international and local brunch dishes are pleasing chow to start – or restart – your day right.

Must Try: Buttermilk Pancakes, Waffle Churros, Tinapa Burrito

Address: 11 Isabelo Mendoza Street, San Roque, Marikina City (6 min drive)

 

Café Lidia

Photo via Café Lidia Facebook Page

Café Lidia is named after its owner, Lidia.  A former shoe entrepreneur, Lidia has successfully established a widely popular restaurant in Marikina known for its pizza and pasta.  This warm, homey cafe is often jam-packed, so make sure to reserve a table beforehand.

Must Try: Pizza, Pasta, Buffalo Wings, Nachos Grande

Address: 64 F. Calderon, Calumpang, Marikina City (8 min drive)

 

Balestier

Photo via Balestier Facebook Page

East meets West in Marikina with Balestier’s unique take on Asian fusion cuisine. Balestier gives a fun new twist to well-loved Singaporean, Japanese, and Italian dishes.  For instance, the Laksa Tsukumen is laksa served tsukemen-style where the noodles are served separately from the broth.

Must try:  Laksa Tsukemen, Hainanese Chicken, Salted Egg Wings,

Address:  14 Nicanor Roxas St, San Roque, Marikina City

Miguel and Maria

Photo via Miguel and Maria Zomato Listings

Miguel and Maria is a neighborhood bar and restaurant serving all-time favorite feel-good food in generous servings.  It is also a cozy drinking spot, offering both international and local brews.

Must try:  Baby Back Ribs, Buffalo Wings, Mashed Potato

Address:  89 Lilac St., Concepcion Dos, Marikina City

 

Krung Thai

Photo via Krung Thai Facebook Page

When you’re craving for some Pad Thai and curry, Krung Thai has got you covered. Krung Thai serves authentic and affordable Thai dishes in generous servings that are big enough to share with family and friends.

Must try:  Pad Thai, Pork Satay, Bagoong Fried Rice

Address:  Marikina Public Market, M Cruz Corner WC Paz, Santa Elena, Marikina City

 

Forget Me Not Café

Photo via Forget Me Not Café

This unforgettable little café serves home-cooked meals that remind you of family dinners and delectable baked treats perfect for coffee and tea.  The hodgepodge of picnic chairs, couches, romantic photos, and dainty flower stencils capture the comforting ambiance of coming home.

Must try:  Roast Beef Sandwich, Nutella Cheesecake, Homemade Corned Beef

Address:  24 Lilac St, Concepcion Dos, Marikina City

 

In love with this foodie’s paradise? Federal Land’s  Siena Towers is only a mere four to ten-minute drive from these restaurants. Located near Marquinton Residences along Sumulong Highway, Siena Towers is a two-tower condominium community with pre-selling and ready for occupancy condominium units for sale.  It offers beautiful and secure homes ideal for starting families.  Residents will enjoy outstanding amenities and proximity to business hubs, shopping centers, and premier schools like Miriam College, Ateneo de Manila University, and the University of the Philippines Diliman.