RED RESIDENCES

Property Overview

Location:  Don Chino Roces Ave., Brgy. Pio Del Pilar, Makati city

Red Residences can be found in the heart of Chino Roces, a thriving neighborhood west of Makati City that’s well known for its row of concept restaurants, food finds, art galleries, and creative business enterprises.  

Start something big

Red Residences in Chino Roces offers a mix of the creative and the corporate. Located just west of Makati City, it allows residents to quickly walk to Makati for business and work, and then return to explore Chino Roces’ selection of concept restaurants, art galleries and exhibits, unique food concoctions, and creative business enterprises.

• Within walking distance of Makati City 

• Galleries, stores, and restaurants only found in Chino Roces 

AMENITIES

With a comprehensive host of amenities and facilities, ranging from landscaped gardens to swimming pools, a gym, and an integrated commercial area, everything is in place so you can shift gears to rejuvenate and be your most creative and successful self. 

UNIT

Live in a home that mirrors your own success. Designed with arresting views of the Makati and Manila skylines, feel the pulse of the city as you live out your passions in life and recharge for tomorrow's new opportunities. 

SAMPLE COMPUTATION ONLY

10% PAYABLE IN 24 MOS.: 90% BANK / PAG-IBIG  Financing

Price Range: Php 3,400,000- Php 5,300,000 

Sample Unit Computation Flexi End: 29.76sqm

Total Contract Price:        4,522,137.75

10% DOWNPAYMENT:       452, 213.78

Less: RESERVATION FEE:  15,000

Net 10% Downpayment:   437,213.78

MONTHS TO PAY:       24 Months

Monthly Downpayment 10%:   18,217.24

90% BANK /PAG-IBIG HOUSING FINANCING :    4,069,923.98

*Disclaimer: Price may change without prior notice.

Services:

• Front desk 

• Doorman Services

• Professional Property Management

• Wifi-Ready Area

• 24-Hour Security

Units: 

• 2-Bedroom with Balcony

• 1-Bedroom with Balcony and Den

• 1-Bedroom with Den 

Amenities

• Fuel Hub

• Power Deck

• Focus Zone

• Lap Pool

• Collab Corner

• Think Lounge

• Reflective Garden

• Jogging Trails 

• Colegio de San Agustin Makati - 2.2 km, 9 minutes

• Ateneo Professional Schools - 2.7 km, 12 minutes

• Makati Science High School - 1.9 km, 8 minutes

• Mapua University Makati Campus - 2.4 km, 10 minutes

• Assumption College Makati - 3.4 km, 15 minutes

• Don Bosco Technical Institute Makati - 2.4 km, 10 minutes

• Asia Pacific College - 4.1 km, 17 minutes

• Centro Escolar University Makati - 2.9 km, 12 minutes

Please note that the travel times are only estimates and may vary depending on traffic conditions.

• Makati Medical Center - 3.1 km, 13 minutes

• Ospital ng Makati - 2.7 km, 11 minutes

• St. Luke's Medical Center Global City - 6.6 km, 23 minutes

• The Medical City Clinic Makati - 1.7 km, 7 minutes

• Philippine General Hospital - 6.7 km, 22 minutes

Please note that travel times can vary greatly depending on traffic conditions and other factors. Additionally, these estimates are based on a car as the mode of transportation. Walking or other modes of transportation may take longer. 

• Century City Mall - 1.4 km, 6 minutes

• Power Plant Mall - 2.8 km, 12 minutes

• Ayala Triangle Gardens - 3.1 km, 13 minutes

• Makati Central Business District - 3.3 km, 15 minutes

• Rockwell Center - 2.4 km, 10 minutes

• Makati Avenue - 2.2 km, 9 minutes

• Greenbelt Mall - 3.2 km, 13 minutes

• Bonifacio Global City - 6.6 km, 23 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.

Red Residences is a high-rise residential condominium located in the heart of Makati City. Some of its nearby characteristics include:

• • Commercial establishments - Red Residences is situated near various shopping malls, restaurants, and entertainment hubs such as Century City Mall, Power Plant Mall, Rockwell Center, and Makati Avenue.

  • Business districts - The property is located near Makati Central Business District and Bonifacio Global City, which are known for their numerous multinational and local companies.

  • Educational institutions - Red Residences is in close proximity to several schools and universities, such as Ateneo Professional Schools, Colegio de San Agustin Makati, and Mapua University Makati Campus.

  • Hospitals - The property is also near several hospitals and medical centers, including Makati Medical Center and Ospital ng Makati.

  • Transportation hubs - Red Residences is easily accessible via public transportation, such as jeepneys, buses, and taxis. It is also near the MRT Guadalupe Station and PNR Buendia Station.

  • Parks and recreational areas - The property is also close to parks and recreational areas such as Ayala Triangle Gardens and Washington SyCip Park.

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.