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The Residences at Commonwealth by Century Studio Unit with 20.5 sqm

Commonwealth by Century is located along Don Antonio Drive, on the way to Capitol Homes in Quezon City. This property is very accessible as there is an ongoing MRT station being constructed along CommonwealthAve., cor Don Antonio. The project is within close proximity of schools and colleges (School of the Holy Spirit, Miriam, etc), universities (UP / FEU / Ateneo), supermarkets (Shopwise, Ever, Puregold) and other nearby villages (Tivoli, BF Homes, Don Antonio, Don Enrique, Capitol Golf, Ayala Heights, etc).Condominium amenities include: Commonwealth Rapids, Commonwealth Pool, Commonwealth Waterfalls, Badminton court, study / library, arts & crafts studio, orchard, theater room, kiddie place & a basketball court.This is a studio unit with 20.5 sqm. 1 parking slot included in price. Unit does not have a balcony so room is bigger, maximizing the 20.5sqm area.Commonwealth by Century will be a haven for your family’s safety with:a 24/365 full time security forcewell-planned and well-lit vehicle parkingintegrated closed-circuit cameras and fast action medical and security staffon call all hours of the day and nighteach building will have round-the-clock maintenance, doormen, engineering and reception to ensure that all your needs are attended tothe central amenities will also be protected by roving watchmen and kept pristine by the award-winning property management company Century Properties Management, Inc.Turnover of unit is scheduled on Jul 2020.Owner can accompany you to the site for tripping. Direct buyers only.NOTE: Adjacent unit is also being sold (same specs as above), you may inquire here for both units.

Why Purchasing a Condo Makes Sense

Although many pundits predicted Metro Manila condominium sales to return to more conservative levels after their banner year in 2012—when approximately 52,000 units were sold in Metro Manila alone—it seems that the market is still performing much favorably. Real estate developers are unveiling condo projects left and right, not just in areas traditionally favored by buyers, such as the Makati central business district, Bonifacio Global City, Ortigas Center, and others, but also in the fringe areas of these locations, where land prices are relatively lower and homes are, therefore, more affordable.

In addition, newer mixed-use projects, also called townships, are being developed in many areas, which will push up supply in the next few years, providing more and cheaper options to homebuyers. These townships feature everything a homebuyer would need: condo high-rises, office buildings, shopping malls and other leisure areas, and in some cases even schools and hospitals. With the rise of these developments, we can say that Metro Manila’s condo market will see an exciting future ahead of it.

 

Why Buy a Condo?

Buying a condo as opposed to a house and lot has plenty of advantages, but as with any big purchase, it comes with a huge responsibility so the decision should be carefully considered. MyProperty has put together four advantages of buying a condo to make the decision much easier to make.

 

1. Condos are located in some of the most prime areas of the city

The majority of today’s condos in Metro Manila and other major cities in the Philippines are located in some of the most prime areas. These include the Makati CBD and neighboring business districts, BGC, Ortigas Center, and others. Developers choose these locations because they will provide the maximum benefits to condo buyers, such as proximity to their workplaces, shopping centers, leisure areas, schools, and other amenities.

 

2. Condos promote walking

As most condo high-rises are situated in prime areas, homeowners need not purchase a car in order to get around. Almost everything they would be needing are situated within walking distance, whether it’s a supermarket, their office, a nice restaurant, or even a weekend market for artisanal finds.

 

3. Prime condos are attractive to renters

The same reason that made a condo attractive to a homebuyer would also apply to a renter. After all, both would have pretty much the same requirements on a home: location, amenities, and convenience. Hence, a condo property would make a perfect investment if one plans to turn it into a rental home for passive income, especially with Metro Manila’s buoyant leasing market.

 

4. They’re much easier to maintain

While houses provide homebuyers bigger living space, they also incur maintenance costs. There are yards and gardens to maintain, downpipes to regularly check, and other stuff. Condos, on the other hand, have none of these, which make them much easier to maintain. The maintenance of common areas in condo estates, including swimming pools, hallways, parking areas, and others, are taken care of the property management, which is paid for by the condo corporation funded by the individual owner’s monthly condo dues.