Living in the high-rise structures or condominuim dwelling is a definitive sign of the times, indicating a cosmopolitan era and lifestyle that people now adhere to because of the convenience, amenities and security these types of home provide, particularly to urban dwellers.
But more than convenience living and lifestyle trend, condominuim dwelling can also be a big opportunity for people to invest in a property that can bring in immediate financial returns. For example, units offered at The Grand Towers, a high-rise development within the university belt area in Malate, Manila, are already being bought at a rapid pace by investors because they see the income potential of leasing these units to students, acccording to Aidee Tejano, senior executive vice president of Moldex Realty Marketing Inc.
In fact, units at The Metro, the first tower of The Grand Towers, almost sold out in a matter of months since it was launch early last year. Tejano said there are even buyers who purchased 4 or 5 units each.
"High-rise condominiums in close proximity of universities are indeed attractive to investors. Students, which represent a big population in the area, provide the condo unit owners a constant captured market."
For investors, The Grand Towers provides them opportunity to also own precious Manila property, particular high-rise residential developments, which are "rarity" in Manila—considering the fact that Manila is already developed with many structures and really lack available space for real estate company to tap.
Tejano said investors are aware of this fact so their tendency is to grab the opportunities provided by some developers like Moldex Realty Inc., a known developer of horizontal housing projects that ventured into class A high-rise developments in Manila.
The Grand Towers is a high rise condominium catering to the mid market but feature resort-type amenities, something that is quite unique as majority of condominiums offering the upscale market.
A major trademark of the vertical projects of Moldex Realty is the class A amenities-big swimming pool, jogging path, outdoor fitness station, kid's outdoor play area, outdoor Jacuzzi and gazebo, social halls and function rooms, gym and Wi-fi enable study rooms.
Located along Vito Cruz Street and very near De La Salle University, College of St. Benilde and St. Scholastica's College, The Grand Towers is a welcome and refreshing addition to Manila's historic Malate district.
Also very near Manila Bay and other beautiful and historic sites in Manila, The Grand Towers is positioned to become a premier address in Malate that will carry high appraisals in the near future according to Tejano.
The Grand Towers consist of two towers The Metro and The Centro, with each tower boasting of 47 floors and occupying a total of 4,000 square meters. It is a very regal and imposing structure that will contribute immensely into transforming the area into a destination that combines old Manila charms and modern high-rise residential structures.
Tejano said serious property investors aren't the only ones realizing the sound investment opportunities offered by The Grand Towers. Young urban professionals likewise are encouraged to purchase units because of the building's close proximity to nearby financial districts such as Manila, Makati and upcoming Pasay-Paranaque.
Upstart families as well as parents from the provinces and the metro, concerned about their children studying in Manila, are also buying into the property. Why make their children stay in dormitories with no amenities when they can use the rent money as a wise investment for a unit at The Grand Towers?
"The Grand Towers is a class A development made affordable for the market serviced by Pag-IBIG housing. The units are surprisingly affordable to the target market", said Tejano.
In addition, The Grand Towers architectural is not a simple box type designs, according to Tejano, but a beautiful piece of structure. "It was designed planned to archieve the highest aesthetic potentials without sacrificing the efficiency of the project."
Tejano said living in The Grand Towers will have a positive effect on the lives of convenience, amenities and security. Apart from the first-class amenities, The Grand Towers will provide a commercial area that will host businesses and services that students need.
Moldex Realty, Inc. has recently lauched the second tower of The Grand Towers. The Centro offers more than 900 units, which make for financially sound property investment that will be turned-over on schedule by 2012 said Tejano.
Today, developer Moldex Realty Inc. is celebrating the topping off of The Metro, the first tower to be built.
"The Grand Towers was planned and designed with the image of class and excellence in every aspect. It is Moldex Realty's symbol of continuous effort of providing Filipinos with their well-deserved life."
But more than convenience living and lifestyle trend, condominuim dwelling can also be a big opportunity for people to invest in a property that can bring in immediate financial returns. For example, units offered at The Grand Towers, a high-rise development within the university belt area in Malate, Manila, are already being bought at a rapid pace by investors because they see the income potential of leasing these units to students, acccording to Aidee Tejano, senior executive vice president of Moldex Realty Marketing Inc.
In fact, units at The Metro, the first tower of The Grand Towers, almost sold out in a matter of months since it was launch early last year. Tejano said there are even buyers who purchased 4 or 5 units each.
"High-rise condominiums in close proximity of universities are indeed attractive to investors. Students, which represent a big population in the area, provide the condo unit owners a constant captured market."
For investors, The Grand Towers provides them opportunity to also own precious Manila property, particular high-rise residential developments, which are "rarity" in Manila—considering the fact that Manila is already developed with many structures and really lack available space for real estate company to tap.
Tejano said investors are aware of this fact so their tendency is to grab the opportunities provided by some developers like Moldex Realty Inc., a known developer of horizontal housing projects that ventured into class A high-rise developments in Manila.
The Grand Towers is a high rise condominium catering to the mid market but feature resort-type amenities, something that is quite unique as majority of condominiums offering the upscale market.
A major trademark of the vertical projects of Moldex Realty is the class A amenities-big swimming pool, jogging path, outdoor fitness station, kid's outdoor play area, outdoor Jacuzzi and gazebo, social halls and function rooms, gym and Wi-fi enable study rooms.
Located along Vito Cruz Street and very near De La Salle University, College of St. Benilde and St. Scholastica's College, The Grand Towers is a welcome and refreshing addition to Manila's historic Malate district.
Also very near Manila Bay and other beautiful and historic sites in Manila, The Grand Towers is positioned to become a premier address in Malate that will carry high appraisals in the near future according to Tejano.
The Grand Towers consist of two towers The Metro and The Centro, with each tower boasting of 47 floors and occupying a total of 4,000 square meters. It is a very regal and imposing structure that will contribute immensely into transforming the area into a destination that combines old Manila charms and modern high-rise residential structures.
Tejano said serious property investors aren't the only ones realizing the sound investment opportunities offered by The Grand Towers. Young urban professionals likewise are encouraged to purchase units because of the building's close proximity to nearby financial districts such as Manila, Makati and upcoming Pasay-Paranaque.
Upstart families as well as parents from the provinces and the metro, concerned about their children studying in Manila, are also buying into the property. Why make their children stay in dormitories with no amenities when they can use the rent money as a wise investment for a unit at The Grand Towers?
"The Grand Towers is a class A development made affordable for the market serviced by Pag-IBIG housing. The units are surprisingly affordable to the target market", said Tejano.
In addition, The Grand Towers architectural is not a simple box type designs, according to Tejano, but a beautiful piece of structure. "It was designed planned to archieve the highest aesthetic potentials without sacrificing the efficiency of the project."
Tejano said living in The Grand Towers will have a positive effect on the lives of convenience, amenities and security. Apart from the first-class amenities, The Grand Towers will provide a commercial area that will host businesses and services that students need.
Moldex Realty, Inc. has recently lauched the second tower of The Grand Towers. The Centro offers more than 900 units, which make for financially sound property investment that will be turned-over on schedule by 2012 said Tejano.
Today, developer Moldex Realty Inc. is celebrating the topping off of The Metro, the first tower to be built.
"The Grand Towers was planned and designed with the image of class and excellence in every aspect. It is Moldex Realty's symbol of continuous effort of providing Filipinos with their well-deserved life."
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