Makati City is considered as one of the most posh places to live in Metro Manila. This comes as no surprise being the business and financial center of the country. Its high-rise condominiums offer penthouse units that afford their residents unobstructed views of the mountains of Rizal Province, the Metro’s skyline, or the spectacular sunset on Manila Bay. Imagine the views that will greet you every morning.
While commonly misperceived as real estate only for the moneyed few, penthouses are not always unaffordable. There are places in Makati, such as Salcedo Village and Legaspi Village, where renting one is good value for your money. These units also come in a variety of types or layouts: lofts, bi-levels, or Z-lofts. Their common denominator is that they offer a much larger living space than a common condo for rent. If one considers its per-square-meter price, a unit can actually come out cheaper than an apartment for rent in Makati.
The following condominium projects offer affordable units:
There are also numerous real estate developers that offer upscale penthouses. Most of these units range from 200 to 600 square meters or even larger. These types can be found in the following:
In Ayala Center, the two most sought-after condominiums that offer penthouse units are Raffles Residences and The Residences at Greenbelt. In Rockwell Center, these types of units are available in the Manansala, Joya Lofts and Towers, One Rockwell, Rizal Tower, Luna Tower, and Hidalgo Tower.
To people who appreciate cityscapes, living in a penthouse is the way to go. There are very few of these properties available, so hiring a licensed broker who specializes on facilitating this kind of transaction will be a great deal of help. It is also important to decide on your budget. That will help your broker find you a suitable property, and will eventually save you a lot of time in the process.
Penthouses may be more expensive than a regular condo unit. Renting upscale units can range from PHP 200,000 to more than PHP 500,000 per month, according to global consulting firm Colliers. This type of property however, offers more than just living space. The views, the amenities, and its size ensure you the very best your money can buy, and can prove to be worth your investment.