-Direct Link to EDSA-Boni MRT
-45th Floor, Tower 1 - above traffic noise/pollution, amazing view facing pool side, very quiet
-Comes Fully Furnished, ready to move in (bed, sofa, table & chairs, aircon, TV, refrigerator, water heater, kitchen equipment, etc)
Beautiful 1 bedroom apartment in SM Light Residences, purchased by current owner in pre-selling, turned over in 2014, fully paid with CCT transferred to us. Only lightly used 1-2 months/year when guests are visiting, nearly new condition.
Huge number of retail options in the mall just downstairs including SaveMore grocery, Cinema, and full range of shops. Near to Pioneer, Kapitolyo, Ortigas, Capital Commons, Makati, BGC
Building facilities include 3 huge swimming pools, backup generators, playground, gym facilities, function rooms, full amenities
Does not include a parking space, can acquire separately
For sale at last price of P2.4mm net in cash. For comparison:
-Sale price to buy the same unit directly from SMDC of P4.3mm after VAT and
-current zonal value (2019) of P2,605,000
For net price of P2.4mm, total costs will be approximately:
Gross Price - 2.765mm
Capital Gains @ 6% - 156k
Brokerage fee @ 5% - 138k
DST @ 1.5% - 39k
Transfer tax @ 0.75% - 20k
Registration fee @ 0.45% - 12k
Net Price - P2.400mm
If no broker we can split the brokerage fee. Note that taxes are based on the zonal value
If you want to pay through bank financing, that's fine, but we can't reserve the property for you from other buyers unless you pay a non-refundable deposit of 5% for 6 months. Otherwise we have no idea how long you will take to get a loan.
If you want to do a lease-to-own structure, that is also fine, we are open to discuss. Sample terms at 6.5% interest would be:
-P150k deposit, pay P51k/month for 5 years
-P150k deposit, pay P29k/month for 10 years
We would continue to hold the CCT until you've paid the full balance, either through the monthly amortizations or by getting bank financing
About Light Residences
Mandaluyong is a first-class highly urbanized city in Metro Manila. Located in the East of Manila, it is known as a commercial and business center area. Numerous prominent developers are expanding the cityâ€™s real-estate sector and one of them is SM Development. One of their prestigious projects is Light Residences, situated in Madison Street corner EDSA. When going by EDSA Boni, especially at night, you can easily notice Light Residences as it has bright lights that attract the attention of the people around.Â
The condominium is just walking distance from BONI-EDSA MRT, which is an advantage to your daily commuting routine. If you prefer to ride a bus, itâ€™s not going to be a challenge as well, as it is only a few steps away from the bus stops along EDSA.
Why Light Residences is a perfect choice for you
Light Residences is a three-tower residential condominium located at the corner of the longest highway in the metropolis. This development shines uniquely with its own light mall on the ground floor, digital cinemas, and restaurants for your leisure or date night, and Savemore market for your personal necessities. Imagine just taking an elevator and getting all your daily needs. But if you want to roam around your place, one of the biggest malls in the metro is also nearby, which is SM Megamall. Also, If you want to unwind, you can see different pubs around.
Light Residences can offer you an affordable unit for rent or for sale, with excellent amenities and features. With a monthly budget of Php35,000, you can already have a spacious and cozy fully furnished two-bedroom unit with access to most of the available amenities.
Strolling at the vicinity of Light Residences, you can get a perfect view of the bustling city of Mandaluyong.
Light Residences Features and Amenities
Light Residences is more than your typical condominium in the metro. It can provide most of your basic necessities. You can also find landscaped gardens, jogging paths, a fitness gym, swimming pools, function rooms, cabanas, a centralized mailroom system, and a standby generator set for common areas. It has its own Light Mall, cinemas, and shopping establishments. It also includes a 24/7 security and alarm system. If you have a pet, you donâ€™t need to worry since Light Residences is a pet-friendly home. Your kids may also enjoy a play area together with fellow kids in the community.
Mandaluyong is at the heart of urban living. Choosing to live in this area, you will be close to all the shopping, leisure, and entertainment establishments you want to visit often. Indulge in international cuisines, catch the latest films, and go anywhere you want from this easily accessible area. Whether you have your own vehicle or you plan to take the public transport, Mandaluyong is part of the route of city buses, trains, taxi cabs, and other modes of transportation in the metro.
About Light Residences
Light Residences is a home where you can find most of your essential needs. For transport hub, Light Residences is linked to EDSA Boni MRT station, making your daily commute to your workplace convenient. For your medical needs, southbound of EDSA Boni, is the VRP Hospital. For churches and schools, San Roque de Mandaluyong Parish is approximately 11 minutesâ€™ walk away from your home. You're also 1 km away from one of the well-known schools in the city, which is the Rizal Technological University.
About SM Development Corporation
SM Development Corporation (SMDC) is one of the renowned corporations in the Philippines with numerous projects around the metro encompassing the real estate sector. They also have stores, malls, banks, and leisure facilities. Founded by Mr. Henry Sy, SMDC has already won various awards in different categories, such as the Most Trusted Brand award from Readerâ€™s Digest. SMDC offers affordable condominium units situated at the Central Business Districts in Metro Manila and can be easily accessed by neighboring provinces.
SM Light Residences