Financials - Century Spire, Makati, Manila, Philippines
Pricing
Studios: range between 25 – 45 m2 and are priced from PHP 8,750,000 (circa £115k / $195k USD)
1 bedrooms: range between 50 – 70 m2 and are priced from PHP 13,536,000 (circa £180k / $300k USD)
1 bedroom premieres: range between 70 – 100 m2 and are priced from PHP 27,696,000 (circa £370k / $620k USD)
2 bedrooms: range between 100 – 150 m2 and are priced from PHP 44,440,000 (circa £595k / $995k USD)
3 bedrooms: range between 150 – 210 m2 and are priced from PHP 59,449,000 (circa £795k / $1.3m USD)
Duplexes: range between 200 – 350 m2 and are yet to be released to market – please ask if you are interested in this property type
Penthouses: range between 200 – 400 m2 and are priced from PHP 99,000,000 (circa £1.3m / $2.2m USD)
Payment Schedule
reservation fee | ** dependent on property type |
10% | down-payment due on signing the agreements (after 30 day review period) |
10% | in 6 months |
30% | monthly or quarterly up until completion (up to December 2018) |
50% | on turnover of the completed, approved property |
Suite = 100,000 PHP reservation fee
One bedroom unit = 150,000 PHP reservation fee
Two bedroom unit = 200,000 PHP reservation fee
Three bedroom unit = 250,000 PHP reservation fee
Penthouse unit = 500,000 PHP reservation fee
The payment plans are flexible at Century Spire so please do be in touch if you would like to propose a plan that would suit you better.
Finance
Up to 50% finance is available to foreign buyers and this will be subject to status
Timeframes
Construction at Century Spire will begin in Q2 2014 and the project will be completed in December 2018
The showroom will be open in March 2014 and interested clients who would like to visit may be in touch to arrange a tour
Capital Appreciation
Between now and completion we expect the units could increase in value by approximately 30-40%. Capital appreciation should be around 8 – 12%% per year in the Philippines in the current economic climate. Now is a great time to invest at Century Spire!
Furniture
Luxurious furniture packs by Armani are available – please ask us for the details
Property Management Fee
The property management fee is 150 PHP per sqm and includes the upkeep of the common areas and use of all the facilities - concierge, valet parking, fitness centre, etc.
Tenure
Properties at Century Spire are available freehold and there are no encumbrances for foreign purchasers
At A Glance | Project Overview | Location | Century City| The Apartments | Floor Plans
The Developer | Architecture by Daniel Libeskind | Interior Design by Armani | Gallery
Press | Financials
Whilst every care is taken to ensure that all general information and descriptions of projects and properties on this website are correct, we do urge all investors to make their own checks and always to seek independent legal advice when purchasing property overseas. Information can be subject to change and whilst we do endeavour to keep this site up to date we cannot guarantee accuracy at all times. |
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