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Friday, January 24, 2014

Shang Salcedo Place: One of the Best Investment Propositions in the Country


Wazzup Pilipinas!

From the Shang Properties, Inc., an affiliate of Shangri-La Hotels and Resorts, world-renowned owner and developer of the most illustrious properties in the Philippines like One Shangri-la Place, The St. Francis Shangri-La Place, The Shang Grand Tower, Shangri-La Plaza Mall, EDSA Shangri-La Hotel, Makati Shangri-La Hotel, The Enterprise Center, Makati, Shangri-La Mactan Resort and Spa, Shangri-La Boracay Resort and Spa comes another prestigious address ... the Shang Salcedo Place!

Shang Salcedo Place is the newest highly prestigious offering of the world class Shangri La ­ Kuok Brand perched along the posh neighborhood of Salcedo Village along the Makati CBD. It is an affordable world class quality condo in Makati's most prime location.

Located along the streets of Sen. Gil Puyat (Buendia), Tordesillas and H.V. de la Costa, moving around by foot or by car is a breeze, and commuting options are fast and hassle-free.

From Shang Salcedo Place, business, commercial and medical establishments within Makati Central Business District are easily accessible. The Ateneo Professional Schools and Mapua Institute of Technology-Makati Campus are just a few steps away.

This luxury high-rise residential development is brought to you by Shang Properties, Inc. and Kerry Properties Limited, one of Hong Kong's largest property investment and development.



 


Top 3 Reasons Why Shang Salcedo Place is one of the best investment propositions in the country:

I. Location:

A. Strategic Convenience

- The Salcedo Village location of SSP in Makati represents a location of strategic convenience. It is within proximate distance to the offices of The Makati CBD. It also offers a convenient immediate access to Edsa via Gil Puyat Ave pretty much makes the travel not so tedious. Its location also provides flexible alternative options going east of Manila via the Makati - Mandaluyong Bridge via Makati Avenue and The New Rockwell to Mandaluyong Bridge via Edsa Kalayaan Bridge.

B. Topography and Safety

- The location of SSP in Makati is situated in one of the most stable and solid kind of surface in Metro Manila. Most highly suitable for high rise developments. Furthermore, its terrain sits in one of the higher portions in Metro Manila thus making it not a flood prone neighborhood. But most importantly, its location is significantly far from any of the fault line in Metro Manila.


II. Value

A. Prime Value Asset

- SSP is perched on one of the most prime land in the entire country. Even with the emergence of the Bonifacio Global City and other pocket developments in the greater Manila that promises to be as vibrant as Makati, still, Makati remains as the country¹s central business district and financial center where all the major players, the movers and shakers of the country still prefer to call home. In terms of value, a Makati CBD location on a world class building that carries a highly acclaimed international brand like SSP is the closest to a sure thing investment one can ever get to acquire.

- Land Values in Makati in since 1949 to present have never gone down in the long curve pricing. There will be short cycles of down pricing but its long term curve has always been overwhelmingly transcendent over time. And with the scarcity of land made available for new developments, a discerning buyer with the right timing and choice of development will be indubitably rewarded. Most if not all of the business tycoons in the last century have been the biggest winners in the real estate industry by betting in Makati.


B. Pricing

- SSP¹s introductory pricing matrix is significantly reasonably priced when compared to their other Top Tier A Competitors of comparable upscale brands. With this comparative pricing, one can already discern that by choosing the SSP proposition, since your acquisition cost will be within fair market introductory pricing, it still leaves the buyers with an excellent opportunity to gain a rewarding margin for profit assuming they will intend to sell the unit in the near future. And even if they consider to rent out their units, their rental yield profit would be significantly higher as their return on investment will be faster to recover due to the much lower acquisition cost.

C. Cash Flow Friendly Terms

- The Shangri La Developments offers payment terms where buyers can choose among a wide array of options on how to proceed with their payments. Since they recognize that not all parties have similar cash flow situations, several payment terms are made available to tailor fit the requirements and preference of a buyer. A salient example of such payment term is the 10 ­ 20 ­ 70 option where only a total of 30% is paid to the developer until the completion of the building is consummated. Thus, on a standpoint of taking risks in buying a pre selling development, most of your monetary exposure is reduced to a minimum by only paying the remaining 70% of your purchase only once the building is ready for turnover to unit owners. In addition, they have even made the proposition even more feasible and acceptable as all payment terms are interest free.

- And even if you should decide to loan the remaining balance to pay for the purchase, then the scenario becomes literally like a rent to own option already as while you have started paying for your amortizations, you are already living in the unit.

- Assuming change of plans have made you decide to rent it out, your bank loan amortization becomes self liquidating as your rental proceeds will basically help pay for your amortizations thus giving you an investment where your actual cash exposure is only 30% on a world class residential condo that will remain part of your asset even as you move on to other considerations in the future.

D. Value over Time Potential


- In my 15 years as a top notch real estate practitioner, I have never given or committed a future pricing or value for my clients. Only a fool will give you their projections on future market values for a property as nobody can really predict the future. What we can rely on is the track record of their past developments as a logical benchmark to create a framework where we can build a platform for your investment considerations. As of to date, No Shangri La Condo has ever gone down in value. Each and every Shangri La Development in the country has appreciated over time. Even among rental locators, Shangri La Residential Buildings have the highest rental yields and occupancy rate. It is the most preferred condo among expats in the country other than Rockwell.

III. Quality


- As far as the building features such as the amenities, ambiance, community of unit owners and architectural aesthetics, this development is head and shoulders above every other development in the country. The Shangri La Brand may not be a popular developer in Manila since like expensive watches and bags, their creations are not mass produced. They are the boutique developers in the country. But their quality control and their standard is benchmark on a global stage. By bringing the world class quality of their hotels to their residential buildings, it seems fair to say that indeed, they are unrivaled in terms of quality.   

     
      


QUICK FACTS:

What is the difference between the High Zone & the Low Zone?
The Low Zone is from 8th to the 35th floor and is separately serviced by 3 low zone elevators. The High Zone is from 36th to the 65th floor, also separately serviced by 3 high zone elevators. The penthouse units will be located on the 66th and 67th floors.

How many units will be there?
There will be a total of approximately 778 units, including the Penthouse Units.

How many units will there on each floor?

A typical floor will have approximately 12 to 14 units only.

How many parking levels are there?

The residential tower will have 10 parking levels at 3 Basements, the ground floor, and podium parking at the Mezzanine to the 6th floor.

What is the lot size or area of Shang Salcedo Place?
The lot size is approximately 3,045 sqm.

How much is a parking slot?
The cost of a parking slot is approximately Php900,000.00 - Php1.1M, inclusive of VAT.

Where are the amenities located?
The clubhouse or amenities floor is located at the 7th floor.

What are the amenities?


Wireless Fidelity Facilities (WIFI) in the public areas
Adult and Kiddie swimming pools including a jacuzzi
Podium garden including outdoor children's area and barbecue area
Fully equipped gym
Male and female changing rooms with lockers
Children's Indoor play area with toilet
Multi-purpose game rooms
Function rooms with pantry


Who designed Shang Salcedo Place?

The Design Team:
Design Architect: Wong & Tung International Limited, Hong Kong
Local Architect: Pimentel Rodriguez Simbulan & Partners (PRSP Architects)
Civil & Structural Geotechnical Engineer: Sy^2 + Associates
MEP Engineer: J.P. Rapi (Phil) Inc.
QS Consultant: Rider Levett Bucknall Philippines, Inc.
Interior Designer: Manny Samson & Associates
Environmental Examination Consultant: Alai Environment'l Services
Landscape Consultant: ALN (Adrian L. Normal Limited)
Facade Consultant: ALT Cladding, Inc.
Wind Tunnel Consultant: Windtech Consultants Pty Ltd


When is the delivery/turnover of the units?
The target delivery date is approximately last quarter of 2015.

AVAILABLE UNITS:
Studio units are approximately 35 to 36 square meters
Price Range: Php4.4M - Php5.6M (inclusive of VAT)

One-Bedroom Unit is approximately 52 square meters
Price Range: Php 6.3 M - Php 10 M, (inclusive of VAT)

Two-Bedroom Unit is approximately 103-104 square meters
Price Range: Php13.5M - Php17M (inclusive of VAT)

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