Real estate is one of the most basic and ideal forms of investment, Whether through capital appreciation over time or by way of regular rental income. However, it goes without saying that not all properties are the same. Choosing the right one to invest in is key to maximize returns and effectively realize investment potential. So how does one know which property would make the best investment in the long run?
Location
Especially for city condos, one that is strategically located in major urban hubs is the best, with easy access to transportation and in close proximity to vital support establishments such as schools, offices, hospitals, malls and many others. A property being located in a major city also plays a key role in ensuring that its value rises along with the overall land prices in the area.
Design
Design does not only pertain to external appearance or aesthetics but also refers to space planning and interiors. An ideal condo maximizes freedom of movement and offers thoughtful touches such as a balcony, perhaps, or a dedicated storage spaces. Design also extends to the building’s amenities and facilities, and how these function efficiently to support the vertical community’s day-to-day needs and activities.
Quality
Construction quality is apparent by how well the surfaces and structures are finished, as well as through the use of premium finishes and fixtures. However, structural integrity is something that cannot be immediately assessed. For this, it’s best to go with a developer with a reputation for reliable engineering works and construction—or better yet, a developer with inhouse expertise.
All these attributes that make for the perfect city condo investment can all be found in a development such as The Olive Place—a twin-tower high-rise along Shaw Boulevard in Mandaluyong City. Developed by DataLand Inc. (DLI), the project is an epitome of the company’s mission to provide Filipino homebuyers with quality beyond the basics.
This is achieved primarily through inhouse construction expertise, with no less than its parent company— quadruple-A rated DDT Konstract Inc.—as its contractor. This means that buyers and unit owners are assured of only the highest standards of construction quality and excellence.
Units at The Olive Place are also carefully designed to provide optimum spaciousness and efficiency in daily living. Studio units start at around 24 square meters, with larger special “flex” types that allow for a room partition. Most one- and two-bedroom units—starting at 37 and 76 square meters, respectively—also feature a balcony, which serves as additional living space and breathing room.
The units are finished with durable homogenous tiles for the general flooring and laminated wood in the bedrooms, and granite countertop with stainless steel sink in the kitchen along with cabinets. The bathroom also comes complete with fixtures including a bidet with the dual-flush button water closet, along with a shower niche and mirror. With such attention to detail, the units are ready for immediate move-in upon turnover.
The amenities at The Olive Place also ensure that the community is actively dynamic, with a swimming pool and jacuzzi, gym and sauna, game room, library, meditation garden, yoga deck, children’s playground, social hall and a refreshing landscaped garden.
Despite the challenges of the COVID-19 pandemic, the first tower of The Olive Place sold out and commenced turnover of units to its owners by December 2020. Today, there remains a valuable opportunity to be a part of this urban vertical community in its second tower. A unit at The Olive Place is definitely a rewarding experience, whether as a convenient home in the city or an income-generating real estate investment.
Visit www.datalandinc.com
