SMILE RESIDENCES

Location: Reclamation Area, SM Bacolod City 

You’ll find a lot to be happy about at Smile Residences! At this premier residential condominium in Bacolod built within the SM City Bacolod complex, you can enjoy attractive lobbies, top-tier amenities, and a convenient location.

Always a reason to smile

Set beside a bay in Bacolod, Smile Residences gives you paints a spectacular scene that you can walk to and watch every day. You can reach the city just as easily and enjoy a whole host of shopping, dining, and entertainment choices, as well as SM City Bacolod which sits right next door.

• Built beside SM City Bacolod

• Grand views of the bay

AMENITIES

Lush gardens and open areas give you the space to take relaxing walks or simply enjoy the outdoors. Fill your days with excitement with our generous selection of modern amenities! The swimming pools, basketball court and children’s playground are free to use to your heart’s content.

GRAND LOBBY

Cozy and charming. Our lobbies give an inviting sight, with friendly staff to greet you every time you pass.

SAMPLE COMPUTATION ONLY

Price Range: Php 3,800,000 - Php 5,200,000 

Sample Unit Computation Flexi Unit with Balcony: 31.16sqm

10% PAYABLE IN 36 MOS.: 90% BANK / PAG-IBIG  Financing

Total Contract Price:        4,574,100

10% DOWNPAYMENT:       457, 410.00

Less: RESERVATION FEE:  15,000

Net 10% Downpayment:   442,410.00

MONTHS TO PAY:       36 Months

Monthly Downpayment 10%:   12,287.17

90% BANK /PAG-IBIG HOUSING FINANCING :    4,116,690.00

*Disclaimer: Price may change without prior notice.

UNITS

• Family Suite with Balcony

• Flexi Suite End Unit

• Flexi Suite

• Studio End Unit with Balcony

• Studio Unit with Balcony

• Studio

AMENITIES

• Swimming pool

• Gym

• Lobby

• Amenity Area

• University of St. La Salle - 4.5 km (12 minutes)

• Colegio San Agustin-Bacolod - 3.4 km (9 minutes)

• Bacolod City National High School - 2.5 km (6 minutes)

• Bacolod Tay Tung High School - 5.7 km (14 minutes)

• Riverside College - 4.5 km (12 minutes)

• John B. Lacson Foundation Maritime University - 3.2 km (8 minutes)

• St. Joseph School-La Salle - 6.3 km (15 minutes)

• West Negros University - 6.8 km (17 minutes)

• La Consolacion College Bacolod - 6.2 km (15 minutes)

• University of Negros Occidental - Recoletos - 5.5 km (13 minutes

Please note that travel times can vary depending on traffic conditions and other factors, and these are just rough estimates based on car transportation. Additionally, there are many other establishments and landmarks in the area that may be of interest.

• Bacolod Adventist Medical Center - 4.4 km (12 minutes)

• The Doctors' Hospital - 4.1 km (11 minutes)

• Corazon Locsin Montelibano Memorial Regional Hospital - 4.3 km (12 minutes)

• Bacolod Queen of Mercy Hospital - 4.8 km (13 minutes)

• Bacolod South General Hospital - 5.5 km (14 minutes)

• Riverside Medical Center - 3.8 km (10 minutes)

• Bacolod Our Lady of Mercy Specialty Hospital - 5.5 km (14 minutes)

• Sanitarium Hospital - 5.1 km (13 minutes)

• Metro Bacolod Hospital and Medical Center - 6.2 km (16 minutes)

• Bacolod City Hospital - 5.5 km (14 minutes

Please note that travel times can vary depending on traffic conditions and other factors, and these are just rough estimates based on car transportation. Additionally, there are many other establishments and landmarks in the area that may be of interest.

• SMCity Bacolod - 0.5 km (2 minutes)

• Robinsons Place Bacolod - 4.0 km (10 minutes)

• The District North Point - 4.4 km (12 minutes)

•  Gaisano City Bacolod - 3.8 km (10 minutes)

•  Ayala Malls Capitol Central - 3.3 km (9 minutes)

• Bacolod Public Plaza - 5.5 km (14 minutes)

•  San Sebastian Cathedral - 5.0 km (12 minutes)

• Bacolod City Government Center - 2.6 km (7 minutes)

•  Bacolod Government Center - 2.6 km (7 minutes)

• New Government Center - 2.6 km (7 minutes)

Please note that travel times can vary depending on traffic conditions and other factors, and these are just rough estimates based on car transportation. Additionally, there are many other establishments and landmarks in the area that may be of interest.

• Accessibility: Smile Residences is located in a prime area of Bacolod City, with easy access to major roads and highways. The Bacolod-Silay International Airport is approximately 17 kilometers away, and the seaport is approximately 5 kilometers away.

• Commercial Establishments: The property is surrounded by a variety of commercial establishments, including SM City Bacolod, Gaisano City Bacolod, Robinsons Place Bacolod, and Ayala Malls Capitol Central. These malls offer a wide range of shopping, dining, and entertainment options.

• Education: There are several reputable schools and universities near Smile Residences, including the University of St. La Salle, Colegio San Agustin-Bacolod, and Bacolod City National High School.

• Medical Facilities: The property is also in close proximity to various medical facilities such as Bacolod Adventist Medical Center, The Doctors' Hospital, and Corazon Locsin Montelibano Memorial Regional Hospital.

• Government Institutions: Bacolod City Government Center and the New Government Center are located just a few kilometers away from Smile Residences, making it an ideal location for professionals who work in these offices.

• Tourist Spots: Bacolod Public Plaza and San Sebastian Cathedral are popular tourist spots in the area. Both are located just a short drive away from Smile Residences.

Please note that this is not an exhaustive list and there may be more characteristics and establishments in the area.

What are the real estate property taxes in the Philippines?

• Real Property Tax - this is an annual tax imposed on the owner of the real property based on the assessed value of the property.

• Capital Gains Tax - this is a tax on the gain from the sale, exchange, or other disposition of a real property, which is 6% of the gross selling price, zonal value, or fair market value, whichever is higher.

• Documentary Stamp Tax - this is a tax on the documents related to the transfer of real property, such as deeds of sale, mortgages, and lease agreements. The rate is usually 1.5% of the transaction value.

• Value Added Tax - this is a tax on the sale or lease of goods and services, including real properties, which is currently at 12% of the selling price or gross lease.

What is the current real estate market like?

The current real estate market can vary depending on location and the specific market conditions, but it is important to keep an eye on local and national trends, as well as the economy and interest rates, to get a general understanding of the market.

How do I determine the value of a property?

The value of a property can be determined through a professional appraisal, a comparative market analysis, or by using online tools like Zillow's Zestimate. However, these methods can provide only a rough estimate of the property's value and a professional appraisal by a licensed appraiser is typically the most accurate. 

What is the home-buying process like?

The home-buying process typically involves finding a property, making an offer, having the property inspected, and finalizing the purchase with a closing. The process can take several weeks to several months, depending on the complexity of the transaction. 

What are some tips for first-time homebuyers?

Some tips for first-time home buyers include: saving for a down payment, getting pre-approved for a mortgage, researching the neighborhood and local schools, hiring a good real estate agent, and having a contingency plan in case the deal falls through. 

How do I know if a property is a good investment?

A property is considered a good investment if it is expected to appreciate in value over time, generate rental income, and have a low cost of ownership. Factors such as location, the local real estate market, and the condition of the property can all affect whether a property is a good investment.

How do I finance a real estate purchase?

A real estate purchase can be financed through a mortgage, a home equity loan, or a cash purchase. It is important to compare rates and terms from several lenders to find the best financing option.

What are some common pitfalls to avoid when buying a property?

Some common pitfalls to avoid when buying a property include: overpaying for the property, not getting a professional inspection, not having a contingency plan in case the deal falls through, and not researching the neighborhood and local schools.

What is the role of a real estate attorney in the home-buying process?

A real estate attorney can help with legal aspects of the home buying process, such as reviewing the purchase contract, conducting a title search, and handling the closing.

How can I make my home more attractive to potential buyers?

Making a home more attractive to potential buyers can be done by decluttering, doing minor repairs, staging the property, and making the property feel welcoming and inviting.

What are some factors that can affect property value?

Some factors that can affect property value include location, local real estate market conditions, the condition of the property, the local economy, and interest rates.

How do I prepare my home for sale?

Preparing a home for sale can include decluttering, doing minor repairs, staging the property, and making the property feel welcoming and inviting to potential buyers.