The Gentry is Just One Street Away from Ayala Avenue

The Gentry is just one street away that will be situated in the middle of the major Ayala-led Makati City re-developments. It’s walking distance going to Ayala Triangle Gardens, City Gate, and other North of Makati based malls. It will be a short drive too going to Ayala Center and the booming Circuit Makati.

The Gentry Residences is a one of a kind master planned multi-use development in the heart of Makati, featuring three main components: 1. Residential tower 2. Office tower 3. Retail

Gentry Residences
Gentry Residences

GENTRY RETAIL

A three storey retail component comprised of upscale retail shops set to draw and excite people towards the development.

 – Three levels of retail – Ground floor, Second and Third Floor
–  3,800 SQM Gross leasable area
–  Hole in the wall concepts
–  Provision for fitness gym
–  Target opening by 2022

RESIDENTIAL AMENITIES

Over 1,000 SQM of amenities located on the 9th floor to complement a distinguished lifestyle.

1. Twenty (20) meter lap pool
2. Kiddie pool
3. Outdoor shower
4. Kids’ play area
5. Male and female shower and changing rooms
6. Function room with spill over deck approximate size of 195 SQM

UNIT OPTIONS

1. Unit offering will start with a 30 SQM STUDIO unit
2. The ONE BEDROOM will offer two size option, 54 SQM & 65 SQM
3. The THREE BEDROOM — located in the corner and sized at 124 SQM
4. EXECUTIVE and PENTHOUSE — limited inventory located on the 47-49th floor. These 3BR units will have sizes ranging from 168 SQM to 222 SQM
5. INVESTOR Unit. a TWO Bedroom combined with a Studio unit. Approximate size of 125 SQM (more on this unique concept below)

Total Number of Units = 391
Total Number of Parking Slot = 385

Approximate Price is at PHP 175,000 per square meter
Approximate Parking price is PHP 1M per slot
Target Completion Year 2022

The Gentry Residences is a project of Ayala Land, Inc.

10 HOUSE-HUNTING TIPS FOR NEWLYWEDS

Just got married? Buying a home is the next big step for newlywed couples

Planning to get hitched this June? Buying a home together is the next big step for newlywed couples. While this is a major commitment and requires careful considerations, it is still an exciting experience knowing that you are looking for place to start your family.

Whether it is a house in the suburbs, a townhouse midtown, or a condo close to the business district, nothing beats a buying strategy and a good dose of fun when buying your first home together. Global real estate website Lamudi Philippines has put together a list of 10 tips to keep in mind for this major life milestone.

Wedding_Shutterstock

  1. Assess Your Financial Situation

Before even stepping out of the door, it makes sense to look at your overall money situation. Sit down with your spouse and make an honest assessment of your individual and joint financial pictures and create a budget to know all your expenses. The plan will allow you to build your budget immediately and determine the type of house you can afford.

  1. Set a Realistic Goal

Manage your expectations and set realistic goals. Understand what you want individually and as a couple. Determine how much money you have put aside for down-payment to know how much more you need to save up. As a rule of thumb, have enough cash equivalent to 20 percent of a property’s selling price for deposit. If you have less than this, some banks may not be willing to give you a housing loan.

  1. Take a Look at Your Priorities

Like most couples, you probably agree on many things but not on all, so be sure to prioritize, whether it is the design, the size, the location, or whatever it is that matters to you both. This will make the whole process of choosing the right property so much easier.

  1. House or Condo?

Deciding on which property type you both want will help determine your budget. For instance, if you want a condo, your Php6 million budget will get you a 36-sqm studio condo in Makati CBD. However, if you prefer a house and doesn’t mind living in the suburbs, then for a slightly lower amount you could get a 97-sqm, three bedroom house in Ridgeview Estates Nuvali, Santa Rosa.

  1. Get Prequalified for a Loan

Unless you have enough cash on hand to buy a home outright, getting a housing loan is your next best option. If you do not have a specific property in mind yet, it will be helpful to get prequalified for a housing loan as it sets your budget. This is because banks and financial institutions will lend you the loan amount based on your financial capacity—that is, how much your monthly income could afford—and not on the property you want.

  1. Study the Real Estate Market

A good buying strategy is always recommended in real estate, and this involves doing some research. You may think that an affordable townhouse in Pasig or Mandaluyong is a good deal because it is situated just 20 minutes away from Ortigas Center, but first impressions may deceive you. What if the area experiences flooding during the monsoon months?

Similarly, a house and lot in Paranaque may not look that attractive now, but with the upcoming infrastructure projects in the area (e.g., NAIA Expressway, C5 Extension, and LRT-1 Extension), you can expect the area to become a real estate hotspot 5 years from now.

  1. Seek the Help of Professionals

This means talking to a bank’s loan officer or seeking the help of a licensed real estate broker to help you find the best property. The former can help you determine the cost of the property your income could afford, while the latter can help you streamline the house-hunting process. In addition, a real estate broker can provide you with in-depth information about the house and its neighborhood and how to go about the buying process.

  1. Know Which Developers Are Reputable and Reliable

In most cases the quality of a property corresponds to the reputation of its developer; therefore, it is important to select a property that is built by a reliable real estate company (one that is publicly listed and has long a history of turning over quality properties on time is a safe bet). In addition, take into consideration the developer’s sales administration and after-sales services.

  1. Where Do You See Yourself in the Next 5 Years?

Home purchase is a huge commitment and it is recommended to only buy if you plan to stay put for at least 5 years. Buying a house outright may be impractical if you see yourself moving to another city or country after 5 years (unless you see your property as an investment you are willing to keep in the long run).

  1. Don’t Rush

Buying a house can stir up mixed emotions: there’s excitement, anxiety over finances, overwhelming feeling of responsibility, and a whole lot more, so take your time and make sure that you are emotionally prepared before the whole process begins.

Last and definitely not the least, try not to get too worked up by the house-hunting process. Finding a home is indeed a big step and must be considered very carefully, but don’t forget to have fun. This is such a big step for most couples so be sure this doesn’t drive you two apart.

Happy house-hunting!