MidPark Towers offers spacious and well-thought residential units with three-bedroom at 120 sqm, ideal for growing families.
Buying a residential condominium is a great option for those looking for an investment or purchasing a new home. For families and individual dwellers, condos offer security, amenities and convenient living. Condos also offer investment with potential for high-value appreciation and provide self-sustaining investment through short-term and long-term unit rental.
However, choosing a condominium is not easy given the number of options out there. Here are factors to consider, according to collated by
Aseana Residential Holdings Corp. (ARHC)
The first thing to consider is location. For end-use, accessibility to as schools, hospitals, commercial establishments, and transportation hubs is the key to ensuring daily needs are easily provided.
A condominium well-situated in a prime location, especially in central business districts (CBDs) or townships, will not only provide convenience but also offers high-value property appreciation. It also makes the condominium highly attractive for potential renters for those buying it for investment.
For example, ARHC’s MidPark Towers is a luxury residential development located inside Aseana City in Parañaque, which is considered as one of the fastest-growing CBDs and the next-generation cities in the metro. The development is connected to public infrastructures such as NAIA Expressway, LRT Line 1 Extension and the Paranaque Integrated Terminal Exchange, making it a transit-oriented development. It is also within walking distance to large-scale mixed-use developments such as Ayala Malls Manila Bay, City of Dreams Manila, Solaire Resort and Casino, and the Mall of Asia Complex.
Safety is another key consideration. 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 (IOC) designed to help manage complex city environments, incidents, and emergencies with a city solution that delivers operational insights. It offers integrated data visualization, near real-time collaboration, and deep analytics to help the estate management enhance the ongoing efficiency of its district operations; plan for growth; and coordinate and manage response efforts.
A spacious and livable space is an important factor to consider when purchasing a condo.
With hybrid work setup becoming the new normal, having ample space inside a condo would allow one to create a own work-from-home station without sacrificing space.
MidPark Towers offers spacious residential units ranging from Studio units at 40 square meters (sq.m.), to one-bedroom units at 52 sq.m., which are perfect for investors and even for starting nesters or individual dwellers. Two bedrooms at 80 sq.m., and three-bedroom units at 120 sq.m. are ideal for growing families.
One of the main advantages of owning a condo over a house is the availability of its amenities. An outdoor swimming pool, fitness gym, function rooms, and functional open spaces are some of the amenities usually offered in condominium developments. Real estate developers sometimes go the extra mile and offer more than the usual amenities such as business and private lounges, and kid’s playroom, all available in MidPark Towers.
Another underrated factor to consider in purchasing a condominium unit is its property management services. Maintaining the upkeep of the condominium by dedicated and highly professional property management can guarantee the order and quality of a home.
For those looking to purchase a condo as an investment, it is important to select a property that has the potential to appreciate in value. The main factors that increase the value appreciation of condominiums are its location, developer, and product quality.
When it comes to location, being situated in a master-planned community has a potential for high-value appreciation. Existing and upcoming public infrastructure and transportation projects near the area are also important to consider as this will help boost the value of the property .
The reputation of the developer is another factor to consider. Knowing the company’s track record would help identify its capability to provide quality products to its clientele.
