TIPS: Real Estate as an Investment
If
you’re looking for a good investment opportunity, you may want to consider an
SMDC investment.
With
properties currently being built and still lined up, the Philippines is
definitely enjoying a major surge in the real estate market. After all, condo
living is an attractive offer. Living in a condo lets residents enjoy five-star
living in key locations that allow them easy access to their favorite
establishments.
A
condo also makes for a sound investment. Here are just some of the reasons why
you should consider investing:
If
your condo is situated in a prime location, it can bring a premium resell price
or monthly rental.
Condos
can help you rent out your unit through their rental services, ensuring that
the unit is occupied and the cash keeps flowing.
The
purchase price is lower compared to a single family home. Renting it out tends
to be cheaper than a typical home because the maintenance costs are shared,
even if the property value is high.
Because
condos have restrictions when it comes to maintaining the property, its value
is maintained as well, which is great for when you’re renting it out.
Condos
offer great amenities like pools, gyms, gardens, and so on. These are great
perks for renting or reselling.
Reselling
or renting out a condo is a great way to benefit from the property boom.
Because of shortages in housing, it can be said that there is a demand for
property rentals. Plus, your market is not limited to locals. Recently, it has
also been observed that tourists consider condos as alternatives to hotels
because they are cheaper.
Given
that there is a market for rentals and reselling, investing your money in a
condo is definitely worth considering.
SMDC
is a wholly-owned subsidiary of SM Prime Holdings Inc., the largest integrated
property developer in the Philippines and one of the largest in Southeast Asia.
SM Prime Holdings, Inc. (SMPH) is one of the largest integrated property
developers in Southeast Asia that offers innovative and sustainable lifestyle
cities with the development of malls (owns the largest shopping mall in the
Philippines), retail, residences, offices, banking (owns BDO Unibank Inc., the
largest bank in the Philippines in terms of total assets), hotels and
convention centers. It is also the largest, in terms of asset, in the
Philippines.
SM
Prime Holdings, Inc. was incorporated in the Philippines in 1994. They started
as a mall developer and operator and grew to be the biggest retail shopping
center developer and operator in the Philippines. Currently, it has 70 malls in
and outside Metro Manila and 7 shopping malls in China, totaling 9.4 million
square meters of Gross Floor Area (GFA). In the Philippines, they have a total
of 17,994 tenants and 1,921 tenants in China.
SM
Prime goes beyond mall development and management through its units and
subsidiaries. SM Development Corporation (SMDC) is the residential business
component that sells affordable condominium units. SM Prime’s commercial
business units, the Commercial Property Group (CPG) is engaged in the
development and leasing of office buildings in Metro Manila, as well as the
operations and management of buildings and other land holdings such as Mall of
Asia Arena (MOA Arena). Its Hotels and Convention Centers business unit
develops and manages various hotel and convention centers across the country.





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Amazing tips, thank you for sharing this advice, it is a good idea to consult a real estate firm that could help you find your dream house, when buying or selling real estate property in the Philippines. Great blog.
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