Income potential at The Oriana
Investors are still keen on investing in real estate in the Philippines as they expect a robust economic recovery once the coronavirus pandemic is put under control.
This was reflected in the initial list of buyers of DMCI Homes’ latest residential development on Aurora boulevard, Quezon City–The Oriana–which was put on the market last April.
Citing investors’ feedback, DMCI Homes said The Oriana attracts buyers because of the property’s rental income potential owing to its advantageous location near Quezon City’s university town and upcoming transportation infrastructures like the Metro Manila Subway Project.
Apart from rental potential, The Oriana has an attractive price point and top quality construction and design, the company said. The Oriana will have two towers, the North and South towers, which have 54 and 56 floors of residential units, respectively.
The North Tower, which was launched in April, will offer 1,242 units–all two-bedroom layouts measuring 54.5 square meters (sq. m) to 81.5 sq. m. An initial inventory of 828 units have been re leased for pre-selling, with starting price of P6.53 million.
The Oriana’s North Tower will be ready for move-ins starting April 2026. Available units are now preselling starting at a very reasonable price of P17,000 per month.
Innovative investment package
Novel Residential Concepts Inc. said it has prepared an innovative investment package for Ridgewood Premier Hotel that would address investors’ concerns on the risks in renting out their units.
The four-star hotel on C-5 road in Fort Bonifacio is set to open its doors to tourists and business travelers in 2023.
Roberto Alvarez Jr., president of Residential Concepts Inc., said the company will be fully in charge of the management and maintenance of the units at Ridgewood Premier Hotel, instead of the investors or their staff.
This removes from investors the worry of seeing their properties getting trashed or ransacked by travelers.
“We want our investors to dedicate their valuable time to their businesses and other endeavors. Here at Ridgewood Premier Hotel, we promise to make their money work for them every step of the way. They can just await their earnings in their bank accounts or other methods they prefer to receive their income,” Alvarez said.
Alvarez said Ridgewood Premier Hotel guarantees a 6-percent annual return on investment, topped by another up to 6 percent performance bonus per annum based on hotel occupancy.
Investment at the 168-room hotel is also backed by a lease contract, with the opportunity to cash out and lock in appreciation on a specified period, with a pre-determined appreciation rate.
“We are giving our investors peace of mind in the management of their hotel units, both in terms of proper care of their property and earnings,” Keh said.
Ridgewood Premier Hotel has units ranging from Standard Suite (24.8 sq. m. at P3.54 million including furnishings) to a Two-Bedroom Suite (55.7 sq. m. at P6.92 million).
Tagaytay’s advantage
CitiGlobal Realty and Development Inc. took advantage of the uniqueness found in Metro Tagaytay, offering affordable and income-generating properties in its master-planned communities Tagaytay Clifton Resort Suites (TCRS) and Tagaytay Fontaine Villas (TFV)
The company said Investing in real estate properties in Tagaytay has shown progress for investors with its accessibility and livable environment.
With natural characteristics like fresh air, high land, rich soil, delicious fruits, luxurious view, and a serene atmosphere, Tagaytay properties became valuable and desirable to live in, CitiGlobal said.
TCRS and TFV are only two of CitiGlobal’s real estate developments, revolutionizing the Filipino mindset on leisure properties while giving new investment opportunities for ordinary working-class Filipinos, especially overseas Filipino workers.
