Considerations in buying condo – The Manila Times

FOR families and individual dwellers, living in a condominium is an excellent option as it offers security, amenities and convenient living. While for investors, condos offer investment with potential for high-value appreciation and provide self-sustaining investment through short-term and long-term unit rental.

With the number of choices out there and the factors that need to be considered before owning one, Aseana Realty Holdings Corp. helps prospective buyers with this checklist that sums up key considerations in choosing the right condominium development.

Location. Accessibility to important developments such as schools, hospitals, commercial establishments, and transportation hubs is the key to ensuring that daily needs are easily provided. For instance, MidPark Towers is a luxury residential development located inside Aseana City in Parañaque. It is connected to public infrastructures such as NAIA Expressway, LRT Line 1 Extension, and the Paranaque Integrated Terminal Exchange (PITx). It is also within walking distance to mixed-use developments such as Ayala Malls Manila Bay, City of Dreams Manila, Solaire Resort and Casino, and SM Mall of Asia.

Safety and security. Residential developments inside a master-planned community usually provide ample security features for their residents and guests. Aseana City, where MidPark is strategically located, has 24/7 on-ground security personnel and is equipped with an integrated operations center designed to help manage complex city environments, incidents, and emergencies.

Spacious units. MidPark Towers offers spacious residential units ranging from studio units at 40 sqm., to one-bedroom units at 52 sqm. or two bedrooms at 80 sqm, and three-bedroom units at 120 sqm., which are ideal for growing families.

Exceptional amenities and property management services. Availability of amenities such as swimming pool, fitness gym, function rooms, and functional open spaces and an exceptional property management team in the project are important considerations.

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High value appreciation. It is important to select a property that has the potential to appreciate in value – for its location, developer and product quality.

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