Description
It is a 2-br condo (38-sqm) unit with 1 parking slot. The unit is at 26th floor (26F) of Tower 1 (facing northeast-Makati and BGC skylines, without obstruction) and the parking (12.5sqm) is at 3rd floor of the same tower of San Lorenzo Place (SLP).
Total Contract Price:
* 2-br condo - Bought/turned over in 2016 for 4,927,935.00 with current market value of 6,500,000.00. Actual payments made: from May 2016 to January 2021 for the unit = 2,228,771.91. The remaining balance will be paid continuously to Maybank (34,679.00/month amortization for 12.5 years) OR pay upfront the remaining balance of approximately 3.7m to fully settle the bank loan.
* Parking (1 slot of a tandem) - 831,940.75 with current market value of 1,200,000.00. The parking is fully paid.
The TOTAL to be paid to me for the unit with parking:
2,228,771.91 + 831,940.75 = 3,060,712.66.
The remaining will be paid to Maybank: 3,761,732.97 as of 2 October 2020. (This could be lower as of this month)
Note that there is no mark-up made. These are actual payments only. Capital gain taxes(6% of selling price or zonal value, whichever is higher), transfer fees and other charges will be shouldered by the BUYER.
All improvements made (interior design and construction) including appliances (tv, ref, induction cooker, range hood, microwave, washing machine, shower heater, 2 units of aircon) and furnitures (dining set, 2 double decks with 4 mattress, built-in cabinets, and sofa set) are FREE.
Real property tax is paid for 2020 for both parking and unit. No pending association dues and bills. Note that the price will increase as time goes by as payments are being made monthly.
Reason for selling: I am acquiring new unit near my workplace.
The property is directly connected to Magallanes MRT Station. SLP with 4 towers, has its own mall at the ground floor. It is located in Don Chino Roces Ave. cor Edsa. The property is also across savemore (Don Chino Roces Ave.) and alphaland mall (edsa). It also has complete ameneties (tennis/basketball court, gym, jogging trails, playground, function rooms, swimming pool). It is 1 station away to ayala MRT station (to the north) and 1 station away to taft MRT/edsa LRT station (to the south). SLP is 5-min drive to walter mart mall, 10-min drive to Makati Medical Center, 10-min drive to greenbelt mall, glorieta mall and sm makati. It is also 15min-drive to NAIA airport.
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Unit Details
Selling Price | ₱ 6,800,000 66.0% cheaper vs average in Makati City |
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Bedrooms | 2 |
Bathrooms | 1 |
Floor Area | 38 Sqm 62.4% smaller vs average in Makati City |
Project | San Lorenzo Place |
Building | Tower 1 |
Floor Number | 26 |
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Parking Slots | 1 |
With Balcony | No |
Date Listed | Jan 17, 2021 |
Project Details
San Lorenzo Place, a luxury residential project of Empire East Land Holdings Inc., makes the Makati CBD lifestyle more accessible than ever before. Located at the junction of Chino Roces Avenue and EDSA, it’s the address of choice for those who want to be part of the city’s exciting dynamic.
Living here means enjoying a quick link to work. The project’s location brings business, financial and banking institutions, multinational companies, foreign embassies and consulates closer, so future residents have the privilege to do more and be more right where they are. But it’s not just the corporate world that is easily accessible.
Those that prioritize post-graduate learning will find the Makati CBD ripe with options as the Ateneo Graduate School of Business, Ateneo School of Law, Asian Institute of Management and De La Salle Professional Schools are just minutes away. Also nearby are the upscale Greenbelt district, Glorietta and the retail establishments of Rockwell, which serve up many fun ways to unwind.
As a home in the middle of a vibrant city, San Lorenzo Place is an exceptional haven.
- 24-hour Security
- Gym
- Swimming Pool
- Kiddie Pool
- Jogging Path
- Game Room
- Retail Area
- Function Rooms
- Playground
- Tennis Court
- Garden
- Savemore Market - 0.13 km
- Alphaland Southgate Mall - 0.16 km
- Super 8 - 0.16 km
- Rustans Fresh Market - 0.68 km
- Emmaflor - 0.82 km
- Sizzlin Pepper Steak - 0.14 km
- Le Coeur de France - 0.14 km
- Chowking - 0.17 km
- Shakeys Magallanes - 0.49 km
- Racks - 0.50 km
- Tokyo Healthlink - 0.21 km
- Fresenius Medical Care - 0.22 km
- Philippines School of Interior Design - 0.36 km
- Reach International School - 0.60 km
- Bangkal High School - 0.80 km
- Colegio de San Agustin - 0.85 km
- Bangkal Elementary School - 0.86 km