Saturday, June 20, 2009

2BR Rosewood Pointe Condo unit below market value!

Own your Rosewood Pointe unit for Php401k off the market value!




Market value of a 57sqm 2 bedroom unit is Php2.8M for units not ready for occupancy
and Php3M for units that are ready for occupancy.


You can acquire this unit for just Php2.599M!

Downpayment (until August 15, 2009) = Php879,000

5 year term
Monthly for 5 years (in-house DMCI financing at 15% IR) = Php36,275
or
Monthly for 5 years (Bank financing at 11% IR) = Php33,153

10 year term
Monthly for 10 years (in-house DMCI financing at 15% IR) = Php24,600
or
Monthly for 10 years (Bank financing at 11% IR) = Php21,004


Unit is now READY FOR OCCUPANCY

Cash price is Php2.555M!



I acquired a unit myself in this building during its pre-selling state 18 months ago and I will be moving in it next month July (we’ll be neighbors :-)).


From an investor’s standpoint, I can personally attest that this development is a good value for your money. I am planning to rent my unit out by January 2010 (in time for the turnover of other units). The rentals for the same-sized units are as follows: Php25k (bare) and Php30k (fully furnished). At Php26,100 amortization, if you can get a better interest rate from the bank [say 9%(Php24,000) or 10% (Php25,000) instead of the sample computation of 11%] the unit itself will be self-liquidating.


The target market are people renting in the Global City and Makati who are paying Php60k+ (conservatively, you may all know that other rental units of the same size in Fort Global City reaches Php180k/mo rentals). There are those who want to stay within the area but save on rental costs, Rosewood Pointe is their haven.


Moreover, the amenities are like no other development I’ve seen. Rosewood Pointe boasts of its resort-like amenities.


Ideal for the young, growing Filipino family, Rosewood Pointe is a 3.9 hectare development along the C5 Road in the progressive city of Taguig. It is mere minutes away from the Makati CBD and Bonifacio Global City – close to popular malls, restaurants, shops, top schools, modern hospitals, and the domestic and international airports. Travel time and traffic are minimized, allowing you and your family to spend time on activities you love.

This is a project of DMCI.





This asian-inspired 2 high-rise buildings, 8 medium-rise buildings uses a single-loaded corridor design and central atriums which facilitate privacy and natural lighting.


The windows of the unit is facing (Fort/Makati Skyline).



The Jade Building is directly facing the amenities.




I can guarantee you that you won’t get any unit at this low price. Resellers usually ask for market value (or MORE upon turnover!). This opportunity comes rare so grab it while it is still available. Likewise, parking will be sold lower than the market value.


0926.9999999
edenapril@gmail.com

1 comment:

my real estate blog said...

Oh' this is really a great price. I am sure many will get interested with this condo unit. You can never find an offer like this. Thanks for sharing.

condo Philippines