Sample Computation:
Project: Shore 2 Residences
Unit: SHR2B010217
Area: 24.10sqm / 1 Bedroom with Balcony
Terms: 20% in 48months ; 80% Bank Financing
Sample Computation of SHORE 2 Residences:
Total List Price (TLP) : P 2,791,000.00
Other Charges: P 181,415.00
(Other Charges Covers: Registration/Annotation Fees ; Doc. Stamps- Title Issuance ; Transfer of Title Issuance
Electric and Water Connection ; Legal Fees.)
Total Contract Price (TCP): P 2,972,415.00
20% of TCP: P 594,483.00
Less Reservation Fee (RF): P 25,000.00
Net of 20% Spread Payment: P 569,483.00
20% Net payable in 48 months: P 11,864.23 monthly amortization for 4yrs. or 48months
80% Balance Cash/Bank Financing: P 2,377,932.00
Advantages of Having a Real-Estate Condominium Unit specifically in SM Development Corporation
1. You’re investing with the top Real-Estate developer in the Philippines.
1. You’re investing with the top Real-Estate developer in the Philippines.
(Meaning you are also a partner with the richest man in the Philippines Mr. Henry Sy if you’re investment is in SMDC.)
-Meaning you also owned a very popular BRAND and not need to pay excessive amount of money to endorse or promote your own brand and paying marketing or advertising fees.
2. Having our own advertising partners to work for you to find a customer or a tenants to rent our units.
-SMDC has a property management group or the leasing department that will be able to market or advertise the units that we owned.
-The Property Specialist also known as Agent will be the one to market our units for the investors.
NOTE: fellow agents have communications with each other just in case their clients are just looking for a place to stay for a day or two meaning cooperation of rental units for their clients or investors.
-Nowadays the latest and modern way of looking for a place to stay is on the internet. The power of technology helps us also to promote our own unit to be rented out not just by our own fellow Filipinos but also our Tourist abroad by posting it on the internet aka online booking. (ex. Agoda, Metrodeal, Facebook, etc).
3. You are considered as one of the shareholders in that certain development or project of SMDC.
- The total land area of the projects that you’ve invested at SMDC, you also have a share not just your unit but also the land or lot as well that’s why you are called a shareholder of the project.
- Our investment at SMDC is in perpetual ownership meaning it is a lifetime ownership not just 50years or so, and the good thing about real-estate investing is that it is a long-term investment that can be passed on to our children and to our children’s children. (So it is one of our legacy whenever we live or depart from this world. smile emoticon )
- When I say shareholder meaning the total land area of that certain project, also belongs to you since you are a unit owner, just in case after 100years the government check our buildings and tell us to reconstruct it due to the mandated laws of infrastructure, you are still the owner or shareholder of the land just in case it will be re-constructed.
4. SM Development Corporation establishes Real-Estate Condonimium in a strategic and prime LOCATION.
- The advantage of having a property in SMDC is in location, that’s why we are always telling our clients that we have the best LOCATION, LOCATION & LOCATION. :) Five Star Homes in Prime Location.
- Having a very convenient and accessible location helps you to access all you need.
Examples are:
1. Accessibility to mall. Walking distance away from our own condo unit.
2. Accessible to the workplaces compare of having a house and lot in a rural areas it helps you to save money on your travel expenses and most importantly your precious asset that we have, our time.
3. Strategically located areas and business district in the Philippines. Including Makati (JAZZ & AIR Residences) Ortigas (FAME, SHINE & LIGHT Residences) and the future Entertainment City of the Philippines (SEA, SHELL, SHORE 1 & SHORE 2) Mall of Asia (MOA) Complex Pasay City and many more.
4. We also have commercial buildings in all our condominium unit. Like supermarkets, laundry shop, restaurants and others.
5. SMDC also proud to share our 5star living experience in our projects and world-class amenities.
That’s why here at SM we say “WE’VE GOT IT ALL FOR YOU!”
5) Tax Free Investment.
Why did I say tax free investment?
1. If you buy a real-estate condominium unit especially for investment or business purposes we do not have a traditional business permit/tax, because our unit is considered as a residential type unit. And compare it to any other traditional business that have opex or operational cost etc, this kind of business if you are an investor, this is the perfect kind of business for you. This business does not need your full attention or supervision because this kind of business is a self-sustaining business, when I said self-sustaining meaning even while you sleep it generates income for you. This is also called as passive-income, SMDC will the one to market the unit for you as well as your agent or Property Specialist, he/she will also be the one to take care of it for you if you allow him/her to be your own property manager. Also the power of internet helps your business to market it not just locally but also worldwide.
Why did I say tax free investment?
1. If you buy a real-estate condominium unit especially for investment or business purposes we do not have a traditional business permit/tax, because our unit is considered as a residential type unit. And compare it to any other traditional business that have opex or operational cost etc, this kind of business if you are an investor, this is the perfect kind of business for you. This business does not need your full attention or supervision because this kind of business is a self-sustaining business, when I said self-sustaining meaning even while you sleep it generates income for you. This is also called as passive-income, SMDC will the one to market the unit for you as well as your agent or Property Specialist, he/she will also be the one to take care of it for you if you allow him/her to be your own property manager. Also the power of internet helps your business to market it not just locally but also worldwide.
SEA Residences is one of the example of the existing project of SMDC that generates income or CASHFLOW:
1 unit – 1 Bedroom = P3, 000.00 per day 30days = P90,000.00 less electricity, water bills and condo dues
1 Bedroom per week ranges about = P12,000-15,000 depending on the interior designs of your unit.
1 Bedroom per month ranges about = P30,000-P35,000 (plus the tenants will be the one to pay for the water and electricity bill.)
Association Dues aka Monthly Dues covers the oveall maintenance of our Amenities like swimming pools, gardens, lobbies, garbage disposals, 24/7 security guards, cameras or our overall securities.
So imagine you have your own security guards, own lobbies, gardens, generator and swimming pools and located in Prime LOCATION!, not shouldering the overall maintenance by your self. Instead you have partners the unit owners or condo corporation to also share for the association dues for the security and overall maintenance of the buildings.
With the very minimal dues:
1 unit – 1 Bedroom = P3, 000.00 per day 30days = P90,000.00 less electricity, water bills and condo dues
1 Bedroom per week ranges about = P12,000-15,000 depending on the interior designs of your unit.
1 Bedroom per month ranges about = P30,000-P35,000 (plus the tenants will be the one to pay for the water and electricity bill.)
Association Dues aka Monthly Dues covers the oveall maintenance of our Amenities like swimming pools, gardens, lobbies, garbage disposals, 24/7 security guards, cameras or our overall securities.
So imagine you have your own security guards, own lobbies, gardens, generator and swimming pools and located in Prime LOCATION!, not shouldering the overall maintenance by your self. Instead you have partners the unit owners or condo corporation to also share for the association dues for the security and overall maintenance of the buildings.
With the very minimal dues:
Example:
P90.00 per square meter X Floor Area = Monthly Dues/ Association Dues
For example if you have 1 Bedroom Unit that have a floor area of 24.10sqm.
90 X 24.10 = P2,169.00 per month
6) Last but not the least is the APPRECIATION or CAPITAL GAINS of your real-estate condominium property.
What are the factors why real-estate condominium increases or appreciates in value?
- Because the purchasing power of our currency or money is going down in value (inflation), so real-estate property tends to increase in value.
NOTE: instead of saving your money in the bank and accumulate 1% interest per year, so if for example you have 100 pesos savings after one year the money in the bank that you have increases by 1php.
P90.00 per square meter X Floor Area = Monthly Dues/ Association Dues
For example if you have 1 Bedroom Unit that have a floor area of 24.10sqm.
90 X 24.10 = P2,169.00 per month
6) Last but not the least is the APPRECIATION or CAPITAL GAINS of your real-estate condominium property.
What are the factors why real-estate condominium increases or appreciates in value?
- Because the purchasing power of our currency or money is going down in value (inflation), so real-estate property tends to increase in value.
NOTE: instead of saving your money in the bank and accumulate 1% interest per year, so if for example you have 100 pesos savings after one year the money in the bank that you have increases by 1php.
But in reality the value of your money is 97php purchasing power.
Ex. 100php savings + 1% interest per year, so that's 1php = 101php minus 4% inflation rate and sometimes 5% variable, so that's = 97php purchasing power.
- so you need to have an investment vehicle that can cope or even exceed the inflation rate of 4%. That's what Real-Estate can offer you, that's why it is best investment you could ever make in your life and your family!
and that's another advantage or real-estate investing. Appreciation of the value of your property.
- Also, as our population increases, demand increases, which also drives up prices.
NOTE: the population in the Philippines in 2000 is 90million but in 2010 is 100million.
NOTE: the population in the Philippines in 2000 is 90million but in 2010 is 100million.
Increase of our population is 1million per year but our land is not increasing.
The Three Drivers of Supply and Demand
1) EMPLOYMENT - It is a fact that jobs drive residency, so with all things being equal, property that is near to employment is in greater demand. Employability is one of the factor for appreciation of your property.
It is a fact that population follows employment.
- The saying that people go where the jobs are, is true.
- Create jobs and people will come. BPO companies like (TELETECH, CONVERGY'S, TELSTRA, TELEPERFORMANCE, STREAM etc.) are already in MOA Complex and three more to come.
- The developments of the location of the area or project is also the factor for appreciation of the property. development such as casinos (SOLAIRE, CITY OF DREAMS, and many more to come.)
- High employment can be beneficial for rental property investments, but be sure to look at the whole picture.
2) POPULATION - people are your future customers.
- People certainly go where the jobs are.
- The saying that people go where the jobs are, is true.
- Create jobs and people will come. BPO companies like (TELETECH, CONVERGY'S, TELSTRA, TELEPERFORMANCE, STREAM etc.) are already in MOA Complex and three more to come.
- The developments of the location of the area or project is also the factor for appreciation of the property. development such as casinos (SOLAIRE, CITY OF DREAMS, and many more to come.)
- High employment can be beneficial for rental property investments, but be sure to look at the whole picture.
2) POPULATION - people are your future customers.
- People certainly go where the jobs are.
Places that have clearly defined personas are population draws almost as powerful as employment.
• New highways or highway extensions. (LRT 2, FLYOVERS, etc.)
• Master planned communities. (ENTERTAINMENT CITY)
• New sports stadium and arenas. (ARENA)
• Universities and university expansion.
• Redevelopment areas. (BPO or Business Process Outsourcing/ Call Center Industries.)
• Casinos. (City of Dreams, Solaire, etc.)
• Regional airports. (NAIA)
• Company relocations.
• Major events.
• Master planned communities. (ENTERTAINMENT CITY)
• New sports stadium and arenas. (ARENA)
• Universities and university expansion.
• Redevelopment areas. (BPO or Business Process Outsourcing/ Call Center Industries.)
• Casinos. (City of Dreams, Solaire, etc.)
• Regional airports. (NAIA)
• Company relocations.
• Major events.
3) LOCATION
Location is the most important thing when it comes to real-estate.
- Locations have to be evaluated not based on geography alone, but based on how they measure up in relation to supply and demand.
After a location has met the criterion of being in an area with good employment prospects and a growing population, I look for a few important physical features that experience has shown to be valuable:
• Great locations have driven-by visibility.
• Great locations possess a rare quality.
• Great locations are in demand.
The first step in buying right is knowing your market better than anyone else.
Focusing your market makes things manageable.
Location is the most important thing when it comes to real-estate.
- Locations have to be evaluated not based on geography alone, but based on how they measure up in relation to supply and demand.
After a location has met the criterion of being in an area with good employment prospects and a growing population, I look for a few important physical features that experience has shown to be valuable:
• Great locations have driven-by visibility.
• Great locations possess a rare quality.
• Great locations are in demand.
The first step in buying right is knowing your market better than anyone else.
Focusing your market makes things manageable.
7) Good Debt makes you rich and Bad Debt makes you poor.
you are using LEVERAGE.
Leverage is the ability to do more with less.
Bankers will line up to lend you money for investing in property. Ask your banker if he or she will lend you money to buy mutual fund.
you are using LEVERAGE.
Leverage is the ability to do more with less.
Bankers will line up to lend you money for investing in property. Ask your banker if he or she will lend you money to buy mutual fund.
for more questions and clraifications kindly pm or text me at:
Ronelle S. Caranto
Property Specialist
09088214050 / 09156303114
email: ronellecaranto@gmail.com
website: investatsmdc.blogspot.com
Property Specialist
09088214050 / 09156303114
email: ronellecaranto@gmail.com
website: investatsmdc.blogspot.com
SMDC date night present The best of Martin Nievera
Avail our promo's and discounts on the event. INVEST NOW for 25k reservation fee.. and get up to 12k monthly amortization. No downpayment for pre-selling projects! grin emoticon
Pm, txt or call
Ronelle Caranto
SMDC Property Specialist
0908-8214050 / 09156303114
ronellecaranto@gmail.com
Ronelle Caranto
SMDC Property Specialist
0908-8214050 / 09156303114
ronellecaranto@gmail.com
SMDC date night present The best of OGIE ALCASID.
Avail our promo's and discounts on the event. INVEST NOW for 10k reservation fee.. and get up to 12k monthly amortization. No downpayment for pre-selling projects! grin emoticon
Pm, txt or call
Ronelle Caranto
SMDC Property Specialist
0908-8214050
ronellecaranto@gmail.com
Ronelle Caranto
SMDC Property Specialist
0908-8214050
ronellecaranto@gmail.com
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| Craving for some sweets? Join us on May 28, 2015 6PM at Magnum Manila at SM Aura Premier, Bonifacio Global City, Taguig City. Talk to any of our Property Specialists to know more about the event. See you all there! |
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| Join us for dinner on May 27, 2015 6PM at City Buffet Restaurant at SM City Fairview, Upper Ground Floor, Annex.Talk to any of our Property Specialists to know more about the event. See you all there! |
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| Catch SMDC at Kapamilya sa Malaysia with special guests, Vina Morales and Erik Santos on May 31, 2015. Sunday 2:30PM to 4PM @ Kompleks Kraf Auditorium Jalan Conlay, Kuala Lumpur. |
Contact us for more details.
Join SMDC for this year’s Pyromusical Event at SM by the Bay every Saturday, starting February 7 to March 14, 2015.
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| Are you ready for a night of music and romance with overlooking the Manila Bay? Join us tomorrow, Jan 21, at Prism Plaza, Two E-Com Center, MOA Complex and plan your future with SMDC and True Faith. |
