Your last chance to invest at Studio City Alabang: The best Philippine rental property!
There is so much anticipation on the sales launching of Tower 4, the last of Five (5) Towers in Studio City at Filinvest Alabang. There is no question that the excitement of the awaiting buyers is due to the success of Towers 1,2,3 and 5, all Four (4) exceeded investors expectations.
So how did the previous towers perform? Why can we all be so confident about investing in this project? Here’s why:
- 90% Occupancy Rate. It would be every investor’s nightmare to buy a property only to find out that it’s not as rentable. To many investors who did not do their homework, this is their reality. We hear a lot of disgruntled property owners eager to resale their properties because they are not getting the promised returns. With Studio City, investors really found a gem. Of the 90% occupied units at towers 1,2, more than 60% are used for rental.
- 17% Average Annual Appreciation Value. Consider your self lucky if you got a unit at Tower 1 when it was launched in 2010 at 1.3 million pesos. The last units at Tower 5 were selling at 2.9 M. Tower 4 most likely starts between 2.7 M — 2.9 M on its initial offering. That’s an average of (+-) 17% average annual appreciation value for the span of 7 years. This is when you appreciate the beauty of buying a pre-selling project. It does not appreciate as much on its first 2–3 years but when amenities and facilities are already in placed, including developments within and in nearby areas, expect the appreciation value to skyrocket.
- 15% Gross Rental Yield. It’s always about the law of supply and demand. Because Studio City is just one block away from Northgate, the BPO capital of the south that has 30,000 plus employees, it has become quite a luxury to live at Studio City ( you can save time while living in a city where there is so much to enjoy and benefit). With that comes the opportunity to set a higher cost for competing renters . Although the (+-) 15% is a gross rental yield computation, still Studio City is over performing than the national average of 7.5%. Currently the units at Studio City are being rented out at PHP16,000 per month.
All the above mentioned key points of course are attributed to investing in a property that has all the essentials required, like what Studio City and Filinvest City have to offer, to get the maximum returns for investors and provide the best lifestyle for either unit owners or renters.
If you are interested in Studio City Tower 4 or have questions, click here:http://bit.ly/2xJlfeS