Condo prices in Makati

Published: 17th May 2010
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At present, condominiums (or simply condos) are all the rage in the Philippines, making them valuable pieces of real estate for businessmen and investors. Makati condos are especially popular places of residence, especially because of their proximity to office spaces, companies, bars, clothing shops, malls, and restaurants, to name a few. At present, the there has been a substantial increase in Makati condo demand, with more and more corporate people and officials wanting to have their own condos.

It is not obvious, but condominiums in Makati have changed not just the city's skyline, but also the way its people live, work, and interact. Currently, Philippine housing costs are high, and it is only possible to buy low-cost homes on small tracts of land at the city's fringes. Condos, on the other hand, are free from land costs, making them good alternatives for cheap rents.

It is important to know, though, that cost of condos can play from P400,000 to P40 million, usually based on size, location, and amenities. Some can be a mere 14 square meters, while others can hike up to 200 square meters. Raffles, especially, is pushing its so-called "first significant luxury branded residence in Makati", a high-end condominium with 30 suites (one even measuring 402 square meters) and 236 units.


Owning a condo in Makati include benefits like luxurious amenities such as leisure spaces, swimming pools, basketball courts, function rooms, gyms, tennis courts, walkways, Zen gardens, and commercial units, and many more. These, however, depend on a condo's price.
City-like

Condos can be compared to small cities, with their residents sharing open green spaces, going from structure to structure, and enjoying private access to amenities and services. They are also great investments for retirement, so people who have done their part to society can be pampered in a secure, comfortable, and low-maintenance location.

As such, health and safety should be a person's top priority when looking for condos. When there are people living so close to each other, problems like sanitation, waste disposal, pests, and fire hazards are possible. One should take these things in consideration, and not only the various amenities and luxuries that condo developers use to woo shoppers. Do remember to query about the maintenance process, as well as the number of personnel who will attend to these tasks.


Get a feel
A good thing to do when buying a condo is relying on personal "feel" and intuition. The Philippines, especially, have webs of marketing regulations that are often neglected, so one runs the risk of dealing with real estate agents desperate to make sales. It is also vital to ask questions that are related to what one expects out of a house, and not just the ones written in brochures and pamphlets.
One should be wary of the "pushy" types of agents, and try to do business with the subtler types. Most of the time, the quirk of buying condos is that quality comes with high costs, but with a bit of patience, a person is bound to find one that has complete amenities at low costs.


View Rent Condo Makati listings. Visit Condosmakati.com-The place to find Makati Condo for Rent. It offers in-depth information about the different condos and apartments available as well as information about Makati City itself.

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Source: http://frankjeffries.articlealley.com/condo-prices-in-makati-1551949.html


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