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Asia Property Report

Daily, Bangkok
Up-to-date news and coverage of industry trends and innovations from Asia with an in-depth special focus on real estate hot spots, as well as key interviews with important industry figures.
 

Manila: Buyers set the record straight

May 04, 2012
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A gazebo in the gardens of Rhapsody Residence, Manilla.


Buyers are setting the record straight about purchasing the property that must be right for them.


Today’s Philippine market of practical condo purchasers stringently assesses the property specifications and considers the range of market options available to them.


Potential investors conduct independent research on new property players entering the market.


Developers’ previous track record wages high on the investors stakes.


Triple A builder-developer, DMCI Homes; Manila, Philippines is basing the foundations of its success upon almost 60 years track record in the construction industry.


Glitzy glamour, funky furniture and smooth talking sales teams are no longer swooning property investors with gimmicks and gadgets.


Over half of a century, a testimonial project of DMCI is Rhapsody Residence, Muntinlupa City.


Emulating a Neo-Asian design theme, the residence will cover a 3.8-hectare prime space. A total of 1,186 2bedroomed units will be available, ranging in size from 50sqm to 82.5sqm.


DMCI Homes believe the residence has established itself as a community of choice for young Filipino families and professionals. Rhapsody Residences considers itself a community with a pulse and soul, beyond the aesthetics of plastic and the pool.


Low-density living will be achieved through eight medium-rise towers, each rising at five levels. There will be one tower at ten storeys.


Century Properties, is currently developing, Trump Tower, Manila. Donald Trump, chairman and president of the Trump Organisation said: “Trump buildings are known for their spectacular views, prime locations, luxurious amenities and discerning owners.


“Trump branded projects have always been associated with the world’s premier real estate.”


In the veins of both of these developments, developers claim urban living ebbs upon luxury residential resort living.


Facilities at Rhapsody Residence include a clubhouse lounge and bar area, sky lounge, function rooms, fitness gym, game room, entertainment room, swimming complex: children’s pool, lap pool, and lounge pool, basket ball court, play court, water features, a tea house, along with park, gazebos and gardens.