Project at a Glance
Project at a Glance
This residential and commercial condominium development in Manila is the newest and one of the iconic skyscrapers. It has a total of 38 stories and is strategically located along Adriatico Street. This development is not just accessible, but also very convenient for someone who works around Manila and they want to stay within the city.
A few meters from Malate Bayview Mansion Manila is Remedios Circle, an important landmark in Malate which also serves as the intersection between Jorge Bocobo Street, Remedios Street, and Adriatico Street. Having such a serene development at the center of Malate in Manila is a dream answered for hundreds of residents and expatriates many of whom are constantly on the lookout for good housing for themselves and their families.
The development of Malate Bayview Mansion as a condo project was well thought out. With its total 38 floors and each floor having units that range from studios to 2 bedrooms, everyone can own a piece of this magnificent project.
When you choose to stay at Malate Bayview Mansion, you will not be far from some of the city’s greatest developments. For instance, City Place is just within 635 meters from here, Noble Place is 906 meters away, Four Season Riviera is 1061 meters from this development, Mandarin Square is 1201 meters away, Lee Tower is within 1301 meters, Princeview Parksuites is within 1323 meters, and Oxford Parksuites located just 1424 meters away.
One of the interesting bits with properties here is that they are supported by a vibrant market. As a matter of fact, no property stays in the market for more than 6 months whether rental or for sale. The moment people hear of it, they immediately make down payments and occupy. That said, luck seems to be on your side because at Malate Bayview Mansion Manila, there are a still a few units on sale and up for rental.
Remember, as an investor, you can either buy a property here for resale, self-occupation, or to let it out. The returns on your investment are attractive.
The main reason why these condos have Bayview as part of their name is because they overlook the Manila Bay scenery. This is one of the most beautiful natural harbors serving the Port of Manila. It is strategically located around the capital and is a key infrastructure for commerce and trade.
The studio units have a floor area averaging 33 square meters and for rental, you can fetch about 27,000 pesos per month. The one-bedroom units measure 40 square meters and fetch 31,000 pesos per month rental. The two-bedroom units are the highest in terms of size measuring almost double the one bedroom in floor area at 75 square meters. If you decide to rent them out, you fetch 65,000 pesos per month.
If you decide to purchase a unit, expect to pay anything from 2.15 million to 6.10 million pesos for the studios, one and two bedrooms. The price for the units vary depending on their location. Some of the one-bedroom units are facing Manila Bay and come with a walk-in closet.
All the units are well done complete with ceramic tiles. The bedroom and kitchen are spacious and fitted with cabinets. The ceiling height is about 3 meters which is tall enough for comfortable living and aeration. At the ground floor, there is commercial space also at basement and mezzanine floors. If you are concerned on how you will be able to access your upper units, do not worry because there are 4 elevators serving this building powered by both mains electricity and standby power generators in case of power outage.
Just to give you a hint on the value of these units, in their preselling period which was in the fourth quarter of the year 2003, their value went up from 40,000 pesos to 60,000 pesos per square kilometer. This was a historical jump in properties here and it happened within two years. This is a precursor of what to expect going forward bearing in mind that this area is urbanizing at an extremely fast rate.
To make it easier for you, there are two main payment options to acquiring a unit here. The first option is a cash payment where you pay a reservation of 100,000 pesos and the rest of the payment within 30 days. This gives you discounts of up to 15% of the property value. The second option is deferred cash payment. In this payment model, you get 10% discount upon making a 10% down payment with the balance payable in a span of 36 months. There is no interest that accrues on this amount.
The developer, Prince Jun Development Corp is a seasoned real estate developer based in Philippines. The company was organized in 1991 and its being operated by highly experienced developers especially in high-rise buildings. Apart from Malate Bayview Mansion, these developers have put up other high-rise condos within the Philippines such as University Tower 1, 2 and 3, and Malate Crown Plaza.
Malate Bayview Mansion in Manila, Philippines is a premier Condo project available for sale. If you're looking to rent or purchase Malate Bayview Mansion, then check here first. We have full details of Malate Bayview Mansion updated regularly as well as everything you need to know about the availing and booking process, broken down into stages that includes selecting a unit, choosing a payment plan and buying your dream home at the right price. For price list, free site tripping or showroom visit, personalized service, model house, unit plans, floor plans, payment terms, CHAT LIVE with an agent 24x7. Always only buy from PRC licensed Real Estate Brokers and Agents.