878 España – Not Your Ordinary College Address.

By: Fredolin P. Aguinaldo – Doha, Qatar

878 Espana investors, guest & Vista Land representatives - Doha, Qatar

With almost 35 percent reservations on its initial LOI offering, officials of Camella  Qatar is gearing up to top all sales abroad including that of Singapore who is leading the sales race for now.

Despite some un-expected turn of events, a sizable crowd gathered for the grand launch of the newest landmark in the university belt Manila that was held last night at Emerald ballroom at Holiday Villa Hotel & Residences Doha, Qatar.

The same ladies who cared for me at St. Lukes & Hamad during my hospitalization

Everyone is at awe as soon as they entered the venue because everything is on its best.

The organizing head of Vista Land thanks everyone who participated in the preparations including those logistics made by the sales team of Qatar.

Abraham M. Malicdem International Marketing Manager welcome all visitors and after the ceremonial wine toasts, He introduces the 37-storey building that completes Camella Condo Homes' university project series, built to upgrade every students' usual college experience, and designed to generate income for the persistent investor. 878 España will prove to be more than your usual college address.

Engineer Rowel Santiago said that due to the project un-expected volume on its initial LOI offering and inquiries, the original 25 floor building design has been up-graded to 37 floors iconic green architecture who then expertly explains all the technical aspect and building details of the project.

...now they are all busy selecting their OWN units

Prices range from P2.4 million to P5.0 million and areas from 25 square meters to 72 square meters. 

The construction is set to begin in May next year while buyers will be able to move in by June 2017 He continues.

International food menu was served to the delight of everyone attending the presentation – and while everybody is busy having dinner, Rowel continues his presentation on various payment scheme designed to attract all kind of interested condo investors.

Young but persistent investor

While everyone settles down – Abe on the other hand introduces one of Qatar community leader.

Since “ako pala yun” - I then continued introducing myself and further about my own experiences in real estate investing.

Being on the business for almost 10-years now – I did assure the audience that condo rental situated at the university belt area is on its best and continue to be a “SURE FIRE” passive income generator as long as students from abroad as in the provinces continue to flock Manila for their studies.

As OFWs, one has to learn how to manage their finances well. What we see and learn today from those presentation made by industry experts - is an alternative or approach for earning and investing.

It is not how much an individual could earn my friend - but how much one get to keep or save.

In order to attain this, please continue to seek alternate avenues to be educated in order for you to be literate to know how to save or keep and eventually grow ones saving. My friend there is always a way, and that is trough investing. 

878 Espana will be a trusted brand and a good part of one’s investment portfolio.

Thank you all - Good Morning.

The entrepreneur author & Fe Martinez - Ex. Volunteer Business Counselors of Doha 

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Metro Manila’s university belt ‘the most sought after’ location for rental homes

By: Evelyn L. Aguinaldo / Author / Investor / Cyber Real Estate Property Seller

Transactions in the Philippines residential leasing market picked up significantly during pre-enrollments of up-coming students in May-June each year as several foreigners, Filipino foreign dependents as to those well-to-do provincial-based students find housing for their continued studies in the prime cities particularly within the university belt areas in Metro Manila, as I noticed on my leasing business transactions nowadays.

“The location most in demand is in the university belt area particularly within the vicinity of the University of Santo Tomas, University of the East, Far-Eastern University, San Sebastian College, San Beda College and Centro Escolar University in Sampaloc, Manila.

In Taft Avenue, De La Salle University, Philippine Women’s University, Philippine Christian University, Saint Benilde College, Saint Scholastica’s College, Saint Paul College & the University the Philippines comprises the university belt area.

Whereas in Katipunan Avenue in Quezon City is where Ateneo De Manila University, Miriam College and the University of the Philippines continues to be the University belt’s prime development for many students.

CAMELLA Condo Homes, Katipunan Avenue Quezon City

The average rental rate for a 16.5 sq. mtrs studio pad condo unit at the UniversityTower Manila during the first quarter of 2012 was Php 9, 000.00 to Php 12, 500.00 a month while a 1-bedroom condo unit of 22 sq. mtrs was Php 18, 000.00 a month. The sought after studio pad condo unit of 24 sq. mtrs – that can be expanded as 1-bedroom at the Pacific Grand Tower and is strategically located near to UST’s Hospital building was priced at Php 18, 500.00 monthly.

“The cheapest condo rental is found at the Espana Tower, near Mabuhay rotunda where a fully-furnished 22 sq. mtrs studio unit is priced at Php 12, 500.00 to Php 15, 000 per month. España Tower is reviewers’ paradise because of rental affordability as well as being near to most review centers in Manila. 

University Belt "best" students' condo for investment & residences  

Rental rates depend upon the furnishing offered by the lessor, for high-end condo units in Makati financial district as in the Fort Global city area commands a much higher price.

“If demand continues at this level, and, assuming no new residential buildings in phases are delivered during the school opening on June 2012, rental rates for the best-configured condo & apartments may witness a slight increase. However, several condominiums, apartments, and dormitories across all areas of Metro Manila and all other progressive cities in the Philippines will become more affordable because of continuous constructions activities of prime-condo developers in these areas.

Several condo units at the University belt are now on its finishing stage namely: the University Tower II in Galicia Street, Pacific Grand Tower II in Dapitan Street and Crown Tower in P. Campa Street – all mentioned condo towers are located in Sampaloc, Manila and One Archers place in Taft Avenue, Manila is now ready for occupancy as well.

Fully Furnished Condo @ AURORA HEIGHTS Residences, QC

Up-coming and under-construction university belt condo in or around the university belt areas are as follows: University Tower P. Noval Manila, Camella Condo Homes Taft Avenue Manila, Camella Condo Homes Katipunan Avenue Quezon City, SM Blue Residences Katipunan Avenue Quezon City and Aurora Heights Loyola Quezon City are amongst the few condo buildings that will cater to the housing needs of students.

Apart from rental homes, the residential condo sales market saw improved levels of inquiries during the first quarter of this year as investors, eyeing the Philippines promising medium-to-long term capital appreciation prospects, sought alternative investment opportunities to cash reserves.

SM Blue Residences, Katipunan Avenue Quezon City

The majority of inquiries were from Overseas Foreign Workers (OFWs) all over the world, Filipinos with dual residency status outside the Philippines - particularly from the US / Canada sector and local investors seeking to purchase a property from reputed developers in the Philippines.

Inquiries continued to be for residential purposes ranging from a studio pad and 1-bedroom condo unit both in rentals and sales. This segment of the market is relatively undersupplied compared to prime, shell and core offices that are available today.

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