Exciting Condo Projects to Look Forward in 2017

As Philippine real estate continues to flourish, developers all over the country are giving their best to provide the most unique real estate projects that match the evolving needs of Filipino homebuyers. For 2017, another batch of fresh and exciting properties will once again change the Philippine real estate landscape.

In Metro Manila, a couple of exciting developments will open this 2017. Taguig alone will welcome a vibrant mix of residential properties from top real estate companies. Megaworld, the real estate arm of business mogul Andrew Tan, will welcome the first residents of its Venice Luxury Residences and The Viceroy, both of which are in the developer’s mixed-use McKinley Hill township in Fort Bonifacio.

Venice Luxury Residences is a three-tower Italian-inspired high-rise condo development. Sitting right next to the Venetian Grand Canal Mall, it offers executive studios and one-, two-, and three-bedroom units, ranging in size from 39 to 120 sqm. The Viceroy, on the other hand, is a much more affordable option offering studios and one-bedroom apartments, and is geared towards young professionals. Also in McKinley Hill, this four-tower condo high-rise is expected to be turned over in the fourth quarter of 2017.

Avida Land, a subsidiary of property giant Ayala Land, will complete and turn over this 2017 its newest residential offering, the Avida Towers Verte at the corner of 9th Avenue and 34th Street in Bonifacio Global City (BGC). A variation of the Spanish word, “to see” Avida Towers Verte is carefully designed to maximize the optimum views of the greens and wide spaces of the northern section of BGC. Avida Towers Verte is slated for turnover in December 2017.

Also in BGC, Madison Park West of Federal Land will also open its doors to its first occupants come 2017. Located in Federal Land’s BGC development Veritown Fort, Madison Park West is a luxury condo that boasts very unique features, including some units with their very own wine cellars!

Six Senses Resort, also developed by Federal Land, is likewise set to welcome its first residents in 2017. Located along Macapagal Boulevard in the Bay Area in Pasay, residents of this condo project are also automatically members of the elite Club Metropark, the premier amenity deck of the development.

Further down south, a Megaworld township project will complete its residential component this 2017. Poised to be the Beverly Hills of the South, Alabang West is one of the much-awaited real estate developments in Las Piñas.

Even outside Metro Manila, new real estate projects are set to open come 2017. Cebu for one will welcome a new prime residential spot in the second quarter of 2017. The first building of the five-tower condo complex by Alveo Land will offer city resort living like no other. Located within Ayala Land’s 50-hectare Cebu Business Park in downtown Cebu City, Solinea the multi-tower development, all which share a central amenity area that resembles a resort in the middle of a bustling city.

Iloilo, on the other hand, will be greeted by a new residential building: Megaworld’s One Madison Place, scheduled for turnover this 2017. This three-tower cluster of 10-story condos follows a modern contemporary theme and will offer ultimate luxury to Iloilo residents. One Madison Place is located within the 72-hectare Iloilo Business Park, one of Megaworld’s integrated townships in Western Visayas.

Empire East, the affordable arm of Megaworld, also has a list of residential towers that are set to open next year: San Lorenzo Place at the corner of Chino Roces Avenue and EDSA in Makati, Pioneer Woodlands in Mandaluyong, Kasara Urban Resort Residences and the Rochester Garden in Pasig, Little Baguio Residences in San Juan, and Manhattan Garden City in Quezon City. These fresh additions in the affordable category will give more chances to Filipinos to finally get that first home investment.

Lamudi Launches Undergraduate Scholarship Program

Online real estate platform Lamudi Philippines (www.lamudi.com.ph) is committed to helping to drive socioeconomic development in the countries where it operates. This desire to contribute to community development led to the launch of a new scholarship program for undergraduate college students in the Philippines.

Experience Life in an International Enterprise

Students who will soon be in the job market are usually in need of two things: money and experience. Lamudi is encouraging bright, driven, and enthusiastic college undergraduates to enter a competition for a brand-new scholarship. Applicants should be over 18 years old, in their third or fourth year of their college studies, and have a consistent GPA of 1.75 or higher.

In particular, Lamudi is looking for those majoring in Business and Management, Economics, Marketing, Media and Communications, Information Technology and Computer Science, and Engineering. However, those with other majors may also apply. Those who have the most potential will be awarded with PHP 20,000 and a paid internship in any department at Lamudi’s local office in the Philippines. One student will be chosen for each semester for the 2016–2017 academic year.

To complete the application, the first step is to fill in an online form. Students must also submit scanned copies of their school IDs and transcript of records, a letter of intent, and a letter of recommendation from a relevant professor. Applicants must send application no later than December 16, 2016, and the results will be announced from December 23, 2016.

Demonstrating Enthusiasm and Strength of Character

In order to be successful, entrants must write a letter of intent (500 words in length). In the letter, applicants should showcase their talents and their potential. They should express what an internship at Lamudi would mean to them and explain how they would put the scholarship funds to good use.

Working in a tech company like Lamudi demands strength of character. Tenacity, positivity, and a determination to succeed are key. As an online property platform, Lamudi brings innovation and transparency to the real estate industry. Entrants who can show that they are capable of driving innovation in a team will be the most successful of all. If applicants can demonstrate ways in which they have overcome obstacles, this is sure to impress.

A Mutually Beneficial Initiative

Lamudi is keen to attracting new talent, and so this program is mutually beneficial; Lamudi stands the chance of gaining a talented recent graduate, and a student has the opportunity to impress a potential future employer. Who knows – this could be the start of a prosperous career!

For more information on this program, visit http://www.lamudi.com.ph/scholarship.

ABOUT LAMUDI

Lamudi is a leading global property portal focusing exclusively on emerging markets. It offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online. Lamudi was established in 2013 in Berlin, Germany and it is currently available in Latin America (Mexico, Colombia and Peru), Asia (Philippines, Bangladesh, Indonesia, Myanmar, Pakistan, Sri Lanka) and Middle East (Jordan, Qatar, Saudi Arabia, United Arab Emirates). Within fewer than three years, Lamudi has established its presence as a key online real estate marketplace in the countries where it is operating. For more information, visit Lamudi Philippines on Facebook, Twitter, Google+, LinkedIn, and Instagram.

ABOUT MYPROPERTY

Established in September 2010, MyProperty.ph is one of the leading Philippine real estate online and print brand that brings property buyers and sellers together. The website’s main offerings are listings of pre-selling properties and properties for sale and for rent. Both website and magazine also provide relevant and updated industry news and information for its clients and consumers. And with the release of its mobile version, finding or selling a home is made even easier. For more information, visit MyProperty on Facebook, Twitter, Google+, and Instagram.

Foreclosures: Path to Homeownership for Filipinos

As the Philippine real estate industry continues to flourish, more and more properties are being developed especially in all vibrant and emerging cities of the country. Although this progress means success to the sector and to the economy, it affects the purchasing power of common Filipinos toward home ownership, as it means more expensive homes.

To address this problem, other viable means to own a property are being explored. One option that continues to gain popularity is the acquisition of foreclosed properties. Lamudi Philippines and partner My Saving Grace Realty & Development Corporation (MSGRDC) will showcase some of the 15,000 foreclosed properties that they manage and will offer it for auction to the public at the Lamudi Housing Fair on November 18–20 at the SM Megamall. MSGRDC is a brokerage owned by Ramil Alquileta that specializes in foreclosed properties. In the process, the real estate firm also educates Filipinos about the advantages of foreclosures.

The foreclosed properties handled by MSGRDC are owned by different banks and Special Purpose Asset Vehicles Companies (SPAV). Alquileta believes that with proper education, foreclosures can indeed be a smart way to put a real estate asset under your name. To further help people who are eyeing their first investment, Alquileta also enumerated some of the advantages of buying foreclosed properties: (a) Buyers can use regular mortgage financing; (b) Properties are clean and named under reputable owners such as banks; (c) and most especially, property is sold for outstanding mortgage balance, which means it is priced way lower than the market standard.

Know more about foreclosed properties acquisition and take advantage of the property auction only at the biggest housing event in the country this 2016. Apart from the auction, the Lamudi fair will also feature the widest selection of properties and offer exclusive discounts to home buyers and property investors. Investment and homebuying seminars and virtual reality application in real estate can also be learned and enjoyed at the fair.

For more information visit www.lamudi.com.ph/housing_fair/