Friday, September 27, 2013

Most Expensive And Luxurious Condos In the Philippines

Condominiums have experienced an unbelievable growth in popularity these past two decades. There are many benefits to living in a condominium and people have quickly caught on to these. There are space constraints in major cities in the Philippines and it is not surprising that for those who want to be near commercial areas, getting a condo unit is preferable to buying a house and lot.

Just like for other properties, there is a wide price range for condominium units. A condo in the Philippines can typically cost anywhere from a little over a million pesos to hundreds of millions of pesos. More affordable condos are growing in numbers because of the bigger market but there are still expensive and luxurious condominiums for those who are in the upper bracket of society. Below are some of the most expensive and luxurious condos in the Philippines.
  • Essensa Private Residence. With two buildings towering over the Fort Bonifacio Development area and with views of neighboring Forbes Park and Manila Golf and Polo Clubs, a typical unit in this luxury condominium has three bedroom suites, an entrance foyer, a powder room, spacious living and dining area, a housekeeper’s room, a gourmet kitchen, a housekeeper’s kitchen, a utility area, and a balcony. Being a resident means coughing up at least 45 million.
  • Trump Tower. Backed by the popular Trump brand, the Trump Towers in Makati offers condo units with one bedroom up to four bedrooms and priced from 9 million pesos up to 90 million pesos. The Trump Tower is a relatively new luxury condominium because it has yet to be completed. 
  • Raffles Residences. It is not surprising that many of those in this list are Makati condominiums, one of which is The Raffles Residences Makati. The simplest one-bedroom condo unit can cost you a whopping 13 million pesos in this posh condo. A two-bedroom unit is priced anywhere from 25 million pesos to 32 million pesos while a three-bedroom unit is priced between 43 million pesos to 59 million pesos. Be ready to shell out up to 100 million pesos to get the privilege of owning a penthouse unit.
  • The Residences at Greenbelt. Conveniently located right beside the Greenbelt at Makati, this three-tower condominium complex is only available from resellers because it has been sold out for quite some time now. The different units are two-bedroom flat unit, two-bedroom bi-level garden unit, three-bedroom flat unit, three-bedroom bi-level garden unit, three-bedroom penthouse unit, and three-bedroom lower penthouse unit. The price ranges from 9 million pesos to 35 million pesos.