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Last Updated on March 4, 2019 by Lamudi
As these properties would attest, condominium properties in the Philippines can go way beyond being just pricey
As the amount of developable land in major urban centers like Cebu and Metro Manila continues to decrease, the number of vertical developments in these areas expectedly continue to rise, with condominium developments the common answer to the increasing residential demand bought about by the similarly increasing urban population.
In addition, the Information Technology and Business Process Management (IT-BPM) sector’s continued notable performance and employment-generating activities, and overseas Filipinos’ continuing to direct about 60 percent of their remittances toward real estate investments, has created a growing market for low to mid-priced condo units.
However, there has also been great interest in luxury condo properties, with well-heeled buyers also wanting a home in a central city location but complete with the typical comforts of a larger home and more. As building methods advance and designs become bolder, many developers have produced landmark-priced condos, with some having been just sold and others currently on the market.
Anadem Villa One (Park Central Towers)
Unit cost: Php477 million
Status: Sold by the developer in 2016, scheduled for turnover in 2024
In July 2016, Ayala Land Premier, the luxury brand of listed developer Ayala Land Inc. (ALI), launched its most expensive residential project to date: Park Central Towers. The two-tower luxury condominium situated at the corner of Paseo de Roxas and Makati Avenue (the site of the former Mandarin Oriental Hotel) will cost ALI Php20.5 billion to build, and began with the South Tower, which is slated for turnover in 2024.
At its preview sale, about 40 percent of its residential units were reportedly immediately sold, including the penthouse unit called Anadem Villa One. The three-level unit was reportedly sold for Php477 million, and is said to be the highest value primary condo unit sold in the Philippines to date. At approximately 1,635 square meters, the property is to include a 281-square-meter pool deck and an expansive master suite on the third level.
The Trump Tower
Unit Cost:PhP 472.5 million
Status:For Sale on Lamudi
Thispenthouse unit in Trump Towerat Century City in Makati is initially two units modified and combined into one. This expensive condominium unit offers 856.8 square meters of living space. It has six car parks and storage rooms. Though offered as bare, this unit exudes luxury with its marble tiles, carpeted floors, glass furnishings, high ceilings, ceiling-to-floor windows, and amazing views.
The Trump Tower in Poblacion, Makati, only has 220 residential units in the entire development, ensuring that each unit offered is generously spaced and features ultra-luxurious features and amenities. On this condominium’s 29th and 30th levels, you will find the condo’s fitness center, spa, beauty salon, pool, and juice bar. Other amenities include a library, movie room, playroom, and function rooms.
Arca South – Arbor Lanes
Unit Cost:PhP 420 million
Status:For sale on Lamudi
Aside from enjoying the city view, thisluxury, two-bedroom corner unit in Arbor Lanes, Arca Southin Western Bicutan in Taguig, offers you a breathtaking view of the garden and amenities of the development.
Arbor Lanes is an urban oasis and is located at the heart of an urban jungle. Residents feel relaxed in their vertical community by featuring gardens throughout the whole development.
Horizon Homes at The Fort by Shangri-La
Unit Cost:PhP 393.5 million
Status:For sale on Lamudi
Included in this list of the most expensive condos in the Philippines is thisfour-bedroom luxury unit in Horizon Homesat The Fort by Shangri-La BGC in Taguig City. This condo home features four bedrooms, four bathrooms, a maid’s room and a driver’s room with a toilet and bath, three parking slots, and a floor area of 418 square meters.
Other units for sale in Horizon Homes start at PhP 200 million. Without a doubt, buying a property here is one way to show off your financial capabilities.
East Gallery Place
Unit Cost:PhP 350 million
Status:For sale on Lamudi
For a whopping PhP 350 million, you can stay in thisthree-bedroom penthouse unit in East Gallery Placewith a living space of 383 square meters. This unit faces east and is a corner unit, with four parking spaces and a maid’s room.
East Gallery Place by Ayala Land Premier in Taguig City is made with high-quality materials. Aside from relaxing lifestyle amenities and quality-made units, this project has some of the most luxurious condo units for sale in the Philippines. If you become the next lucky resident of East Gallery Place, you can live within BGC, where schools, hospitals, malls, and other essential landmarks and establishments are within your reach.
Discovery Primea
Unit Cost:PhP 345 million
Status:For sale on Lamudi
Located in Urdaneta, Makati City, thisseven-bedroom condo unit at Discovery Primeais something you would want to buy if you want a luxury condo unit in the heart of the Philippines’ financial district–Makati City. This expensive condominium is initially two combined units to offer a 790 square meter living area. Aside from seven bedrooms, toilets, and baths, this expensive property has six parking spaces.
Due to its location, quality, and amenities, it is no wonder that condos for sale in Discovery Primea start at 150 million. If you want to invest in a luxury condominium with impressive ROI, consider buying this or other units in this development.
Avignon Tower Penthouse
Unit cost: Php260 million
Status: For resale on Lamudi
Designed in 1989, the Avignon Tower in Makati was built for its architect/designer’s family’s use. Well maintained, the 1,311-square-meter penthouse unit features classically designed living and dining rooms with dramatic, cathedral ceilings and awesome views of surrounding modern high rises and the cities of Metro Manila.
Apart from featuring five bedrooms and nine bathrooms, the property also includes ownership of five car spaces, and the private and exclusive use of a rooftop swimming pool, and a sauna and bathroom. The latter is adjacent to a spacious, partially covered outdoor garden featuring a huge granite bar ideal for outdoor entertaining. On the roof is a spacious helicopter pad.
Main image via Deposit Photos
