Offering a No
Downpayment Payment Terms at Zero (0%) Percent
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For more information on these pre-selling projects please e-mail mckinleyparkway@yahoo.com and a property specialist will be happy to answer your questions. . |
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Playa Calatagan - Next Generation Beach Community Boracay of Luzon (Calatagan, Batangas) |
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While I'm writing this blog, I'm earnestly waiting for the price list of the 7th Build-To-Own (BTO) project to come out. Honestly, it's been almost two (2) months since The Blue Sapphire Residences, the 6th BTO project, has been sold out, and there has been considerable interest on BTO projects.
G&W Architects, Engineers and Project Development Consultants, has been in the business for more than 35 years already. They started the BTO concept in 2002 and personally, I have seen that their designs and unit lay-outs have consistently improved for every BTO project that they launch.
The
Penhurst Parkplace is the 1st BTO project of G&W Architects. This condo
building was finished last 2004.
The
Kensington Place is the 2nd BTO project. This was finished last 2006.
Personally,
I am happiest with The Sapphire Residences (5th BTO), and The Blue Sapphire
Residences (6th BTO) which are more "glassy" compared to their past BTO
designs. The design and its multi-cornered lay-out has actually raised
the bar among new projects at Bonifacio Global City (BGC).
A lot of clients are quite surprised that the project is affordably priced and yet the quality of finishes are superior compared to other BGC condo developments. That's what I call "Good Value for Money."
As I've mentioned in one of my blogs, prices of new condo units/supply in the market are already within the Php 90-95k/sqm.
The 6th BTO was priced starting at Php 64k/sqm (based on Model Unit Finish).
Construction of The Grand Hamptons - Tower 2, the 4th Build-To-Own (BTO) project, is now on the 4th level.
This
is the view from 1st Avenue. The main entrance of The Grand Hamptons -
Tower 2 will be along this Street.
Here
is the latest construction update of The Sapphire Residences (aka Sapphire
1), the 5th Build-To-Own (BTO) project. I took this picture last August
22, 2007 at the roofdeck of Kensington Place after a heavy downpour!
This
shot gives a better view of the depth of the ongoing excavation of The
Sapphire Residences. Please take note that the condo building will have
five (5) basement levels.
For
you to further appreciate the pace of construction, I am posting here the
excavation last August 2, 2007
The
skyline at this portion of Crescent Park West looks like this.
The
7th BTO project will be erected in front of Penhurst Parkplace.
Good news! The location of the 7th Build-To-Own (BTO) project at Bonifacio Global City (BGC; aka Fort Boni) will be at the corner of 30th and 2nd Streets. Specifically, it is just at the back of Penhurst Parkplace and Kensington Place, the 1st and 2nd BTO projects, respectively. The 7th BTO project is right beside the Burgos Park. The main entrance of the building will be facing 30th Street.
The total lot area is 1,998 sqm (much bigger than The Sapphire Residences' and The Blue Sapphire Residences' lot area of 1,600 sqm). The building footprint will be approximately 30% of the total lot area - therefore, expect a bigger area devoted to open spaces (greenery!) and amenities.
Turnover/Delivery
date of the 7th BTO is 3rd quarter of 2010.
The
7th BTO Tower will have similar unit sizes as The Blue Sapphire Residences
:
48
sqm / 520.35 sqft - 1-BR
80
sqm / 863.06 sqft - 2-BR
129
sqm/ 1,388.90 sqft - 3-BR
Prices for the condo units will start at:
1-BR
- Php 3.2M
2-BR
- Php 5.3M
3-BR
- Php 9.6M
The
location of the 7th Build-To-Own (BTO) project will be at the corner of
30th and 2nd Streets. Specifically, it is just at the back of Penhurst
Parkplace and Kensington Place (Note: 7th BTO lot - blue shaded portion
in the map below).
Did
you know that Build-To-Own (BTO) projects have the earliest turnover dates
among projects in Bonifacio Global City and in Metro Manila, in general?
BTO projects are turned over to unit owners in twenty four (24) months
or even less, i.e., from groundbreaking date, as compared to 36-48 months
for other condo projects. I'm talking here about buildings 21-28 storeys
high.
Some BTO projects which were finished and turned over to unit owners:
Penhurst
Parkplace, 21 storeys - less than 24 mos
Kensington
Place - 21 storeys - less than 24 mos
The
Grand Hamptons - Tower 1 - 21 storeys- to be turned over on December 2007
(24 months); but might be even earlier!
The
Grand Hamptons - Tower 2 - 21 storeys - ongoing construction; targetted
turnover date is December 2008 (also 24 months!).
If
you're an end-user or an investor, you can easily benefit with the fast
turnover date of these BTO projects. This means you can use your condo
right away or you can earn rental income from it.
Did
you know that the smallest condo unit allowed by the Fort Bonifacio Development
Corporation (FBDC) within the Bonifacio Global City (BGC) is 36 sqm or
387 sqft? FBDC is strict in implementing this guideline which in the long
run benefits the BGC condo unit owner.
You
will notice that there is a proliferation of compact condo units in some
condominium projects OUTSIDE the BGC area with floor areas as small as
18 sqm (194 sqft) or 22 sqm (237 sqft) for a studio unit. If you're an
end-user, the direct implications are the following:
a)
High density of the condominium building - means lesser privacy for the
condo unit dweller
b)
Higher foot traffic within the condo building
c)
Longer waiting times for the use of the elevator
d)
More people will be using the common areas including the amenities = higher
wear and tear of the common areas (ie, swimming pool, common hallways,
lobby etc.).
After
the successful subscription of the 6th Build-To-Own (BTO) project which
is The Blue Sapphire Residences, I was informed that the 7th BTO will be
launched this mid-August. At the moment, I have a list of clients who are
eagerly waiting for this project.
I'm happy with the designs and lay-outs of previous BTO projects like The Grand Hamptons Towers 1 & 2, The Sapphire Residences and The Blue Sapphire Residences... So I'm quite curious how the 7th BTO will look like!