SM Light Residences – 5 Factors That Make It An Attractive Investment
SM Development Corporation, one of the leading character developers in the Philippines, is constructing SM Light Residences at the corner of EDSA and Madison Street in Mandaluyong, right beside the Boni MRT stop.
The SM Light Residences is under the SMDC’s SM Residences brand, which launched 4 new projects in 2010.
The project is composed of three (3) 40-story buildings all sharing shared as a hobby facilities and commercial center. SMDC plans to include an SM Hypermart and a food court in the commercial center.
SMDC is banking on 5 advantages for this condominium development’s success – strategic location, convenience, luxury amenities, value for money and its trusted name in the country.
Strategic Location – the towers will be connected directly to the MRT stop which runs by EDSA, the main thoroughfare in Metro Manila. This method the prospective owner is only minutes away from the major business districts in Metro Manila – Makati and Ortigas.
Convenience – the project’s location allows an owner to be within reach of any commercial or government service center. It is also within reach of schools, hospitals and as a hobby facilities. The project will also characterize a supermarket, a commercial retail center, a food court and it’s own as a hobby facilities.
Luxury Amenities – one of the dominant selling points of SM Residences is to provide 5-star amenities at an affordable price. SMDC aims to provide these by its as a hobby facilities which characterize swimming pools, gym, jogging path and a children’s playground.
Value for Money – the initial selling price of the condominium units were pegged at Php1,400,000. This puts it within range of the government’s financing program, Pag-Ibig. However, high need for the units have pushed up its price and may soon put it out of reach of the middle-income family.
Trusted Name – the SM brand is well-known for its commercial mall operations all over the Philippines. It is the largest operator of commercial malls in the Philippines and enjoys high trust from most Filipinos.
The condominium units come in studio, three types of one-bedroom units, and two bedroom units. The projected turn over of the 3 condominium towers begins with Tower 1, around the third quarter of 2013. The other towers will follow shortly after that.
The SM Light Residences combination of strategic location, convenience, 5-star amenities, value for money and SM’s trusted brand should provide prospective condominium buyers with good return on investment and sufficient guarantee on quality and timely delivery.