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Condo For Sale In Manila


zinnia towers , quezon city
 

‘Tiger City’ of Mandaluyong Beckons Housing Options


By Pearl Angel at 2014-06-10 04:15:02

Seeking opportunities in the banking sector in Philippines is a good enough nudge to look out for investment and housing options in and around the City of Mandaluyong.

With a strong historical lineage resting on the popular folklore of ‘Luyong’s’ love for ‘Manda’, the Barangay chieftain’s daughter; adds a romantic allure to the city’s fame.

Mandaluyong is centrally located around Metro Manila and shares strategic boundaries with the Capital city of Manila to the West. This makes the city accessible to the commercial and business districts in the Philippines metropolis and also links Pasig and Quezon City on its eastern borders.

The ‘Tiger City’ of Mandaluyong is also tagged as the ‘Shopping Capital’ of Philippines which also shares favourable boundaries with San Juan City to the north and the southern city of Makati.

Operations in the pharmaceutical sector via Unilab, the Ortigas Centre, headquarters of the Asian Development Bank and the San Miguel Corporation – the Banco De Oro makes Mandaluyong a favourable destination for work-related opportunities.

Acquiring one of the much touted condos for sale in Mandaluyong is therefore a dream investment for buyers. Naturally, the buying trend translates to profitable promotion for sellers in high rise constructions such as the Sheridan Towers, Mandaluyong.

Triple ‘A’ Property Developer or Not?

Without doubt, Mandaluyong, an industrially and commercially viable city has many takers in the buyer’s market and so also in the property selling domains.

Selecting appropriate property developers in Mandaluyong therefore calls for sound checks on credentials of developers to ascertain their Triple ‘A’ quality codes and construction liabilities.

Reality Checks on Realtors

• Look beyond landscaping and lifestyle amenities in condos for sale in Mandaluyong. Instead seek real-estate benefits in quality, location of the property and long term investment possibilities of your chosen apartment.

• Check for warranty policies of property developer specially those related to long-term maintenance and repairs of infrastructure and amenities.

• Ideally, ensure your realtor has Triple ‘A’ certification which adheres to a strict quality program to sustain the worth of the property for long-term living or selling purposes.

• Check on ‘field-test’ warranties of all condos in various building blocks within gated communities.

• Understand the proprietary 102-point inspection due by real estate developers in Philippines for design definition, construction and turnover of the property.

• Check if the developer adheres to the two-pronged national standards and industry practices.

• Also ask your developer if they run specific tests for in-process property inspection and other regulatory set of tests for testing and commissioning of the project.

The official launch of Sheridan Towers, Mandaluyong on March 1, 2013, adds yet another home project to the city - promising lifestyles beyond shelter and recreation.

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