If you are actively looking for investment opportunities, you would have heard of the term โ€œpre-selling.โ€ 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 todayโ€™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 propertyโ€™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 projectโ€™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 Hawaiiโ€™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 Landโ€™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.

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 shouldnโ€™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.ย  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:ย  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.ย  This hole-in-the-wall serves a selection of soup noodles, rolls, sandwiches, and salads.ย  And with a Vietnamese leading the kitchen, you are guaranteed an authentic and healthy meal.

Must try:ย  Banh Mi, Beef Pho, Vietnamese Coffee

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

ย Rustic Mornings by Isabelo

Photo via Rustic Mornings Facebook Page

Whatโ€™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 โ€“ or restart โ€“ your day right.

Must Try: Buttermilk Pancakes, Waffle Churros, Tinapa Burrito

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

 

Cafรฉ Lidia

Photo via Cafรฉ Lidia Facebook Page

Cafรฉ Lidia is named after its owner, Lidia.ย  A former shoe entrepreneur, Lidia has successfully established a widely popular restaurant in Marikina known for its pizza and pasta.ย  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 Balestierโ€™s unique take on Asian fusion cuisine. Balestier gives a fun new twist to well-loved Singaporean, Japanese, and Italian dishes.ย  For instance, the Laksa Tsukumen is laksa served tsukemen-style where the noodles are served separately from the broth.

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

Address:ย  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.ย  It is also a cozy drinking spot, offering both international and local brews.

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

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

ย 

Krung Thai

Photo via Krung Thai Facebook Page

When youโ€™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:ย  Pad Thai, Pork Satay, Bagoong Fried Rice

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

ย 

Forget Me Not Cafรฉ

Photo via Forget Me Not Cafรฉ

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

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

Address:ย  24 Lilac St, Concepcion Dos, Marikina City

ย 

In love with this foodieโ€™s paradise? Federal Landโ€™sย  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.ย  It offers beautiful and secure homes ideal for starting families.ย  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.

As it is one of the most important central business districts in the country, the Bay Area is bustling with real estate projects: itโ€™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.ย  With foreign investors boosting its growth, the Bay Area is set to overtake Makati CBD by 2021.

If youโ€™re looking into owning a condo in the Bay Area but still arenโ€™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 wonโ€™t be a problem ever again!ย  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.ย  Entertainment City boasts four mega-casino resorts with high-stakes tables, a vibrant nightlife, and big-name Broadway plays.

A Foodieโ€™s Paradise

From gourmet food to seaside markets, the bay has a lot to offer to food enthusiasts: thereโ€™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, Manilaโ€™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 kidsโ€™ 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 – theyโ€™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 โ€“ even going beyond PHP300,000 per square meter.ย  The demand stems from the influx of Chinese expatriates working in the Philippine Offshore Gaming Operations (POGO) and the cityโ€™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. ย 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 Hawaiiโ€™s reinvigorating aesthetic of open sea and air. ย ย With its sparkling water features, resort-like amenities, and island aesthetics, Mi Casa takes you to experience Hawaiiโ€™s reinvigorating sense of open sea and air.

Itโ€™s also a stoneโ€™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.