This is a project of DMCI Homes and it is a residential village with eight buildings, five floors each. This project is suitable for budget range buyers as all the condo units are designed by keeping budget buyers in mind. This condo project is one of the biggest in Pasig.
Despite its fame as a project for budget buyers, East Raya Gardens offer a wide range of first-class facilities to the residents. Some of these facilities include a gym, swimming pool, basketball court, small retail area, playground, and function rooms. All the entrances are protected by security personnel round the clock.
Every major shopping mall, restaurant, school, and the hospital is at a walking distance because this project is located at a prime location in Pasig. Affordability wise, there are only a few who can compete, if any. A standard three bedrooms condo costs around ?6 million.
Pasig city is on the eastern border of Metro Manila. The Quezon City and Mandaluyong are in the west of Pasig; Marikina is in the north; on the south border Makati, Pateros, and Taguig; and Antipolo is to the east. The location of Pasig city and its bordering cities makes this city a prime candidate for real estate investment. Initially, the Pasig City was supposed to be a residential and industrial area, but it is becoming more of a commercial city considering many office buildings and Ortigas Center business district right at its heart.
In the past few years, Pasig has become a highly urbanized city in Metro Manila. Continuous development in the area, its famous business district, booming industry, and commerce sectors, it has become a favorite spot for real estate investors. From big companies operating in towering skyscrapers, to the small local businesses on the road side, there is a diversity only seen in few cities of Philippines. Seeing the potential, many investors have invested in commercial buildings and offices for better returns.
The residential settings in Pasig city are also very favorable for investors. There is a great potential in condominiums and small homes as most of the people living in the city are professionals who spend most part of their days at the office and do not need any huge residential settings.
Parc Royale is a big condominium project from Amberland Corporation, which is one of the biggest developers in the Philippines. This project has been operational since 1998 and under the management of Parc Royale Condo Association. Condos in this building are cozy and designed for optimal comfort and quality living.
All the basic necessities of life are available inside the building as there is a retail area inside. Pets are allowed and a swimming pool, a whirlpool, playground, sauna, gym, and games room add to the luxury of the residents. A spacious parking is located in the basement which is enough to accommodate all the vehicles owned by residents. The building is kept safe with 24-hour security and security personnel at each entrance.
Location of this building is really good as all the famous malls, schools, and restaurants are at a walking distance or a few minutes by car. Hospitals and clinics are also less than 2kms away in case of any medical emergency.
One, two, and three-bedroom condo units are up for grabs and the price ranges from ?7.2 million to ?10.2 million depending upon the number of bedrooms. Investors can only expect profit from this investment as prices have spiked up to 10% than the last year and they’ll continue increasing in the coming few years.