GEM Residences – A Good Destination for your Condo Investment
Pasig City is a first-class city in Metro Manila with a fast-emerging commercial district and a growing population of urban dwellers. Home to a population of nearly 900,000 people, the highly urbanized city is the site of various luxury and affordable residential developments, catering to young professionals and migrants from nearby provinces. Here’s a list of reasons why many property buyers are looking into Pasig for their first condo investment.
Central Business Districts
Pasig City is a notable financial district as it is home to the Asian Development Bank and the Philippine Stock Exchange. In addition, the Ortigas CBD is where the international branches and headquarters of companies hailing from numerous verticals are located. Most banks, advertising companies, industrial firms, English tutorial services and business process outsourcing companies are located in the Ortigas CBD, generating jobs and businesses for thousands of Filipinos in Manila.
Lifestyle and Shopping Hubs
The Ortigas CBD houses one of the first and largest mall complexes in Metro Manila, namely, SM Megamall. It has a thriving culinary and shopping scene that is patronized by both tourists and locals alike. The bustling district of Brgy. Kapitolyo, where new gastronomic and lifestyle destinations abound, is also a short ride away.
Location: C5, Pasig City
Price Range: Php. 5,200,000 – Php. 9,400,000
1 Bedroom Unit with Den and Balcony.
1 Bedroom Unit
Outdoor Exercises Area
Nearby Transport Hubs
Pasig City offers a network of transportation hubs or terminals, making it easy for residents to get from one point to another in the metro. Nearby is a Pasig River ferry slip for those who’d like to travel by water. There are also several bus terminals in Pasig, such as that in SM Megamall. Through EDSA, residents also have access to the EDSA-MRT line, which takes them to other major cities and suburbs in Manila.
Affordable Real Estate Options
Though not necessarily cheap, low to mid-range developments in Pasig City are relatively within reach for most buyers than, say, elsewhere in the National Capital Region. According to recent real estate figures this year, condominium prices in the Ortigas-Pasig-Mandaluyong area are the second most affordable in Manila (next to Paranaque City at an average cost of P206,000/sqm. Meanwhile, condominiums in BGC and Makati cost around P404,000/sqm and P408,000/sqm, respectively.
Introducing Gem Residences
SMDC has recently launched Gem Residences for young professionals and families who want to get a slice of urban living in Manila for a fraction of the cost. Gem Residences is a world-class vertical community that combines luxury and comfort in its living spaces. As your haven in the metro, each unit features a spacious layout that you can customize to your liking. Gem Residences also places value on work-life balance, and thus integrates recreational areas such as lap pools, tennis courts, playgrounds, lobbies and lounge areas into its facilities.
Gem Residences is situated in a prime location along C-5 and is a stone throw’s away from Ortigas Ave. Close by are SM Megamall, other SMDC Properties, The Medical City, and Brgy. Kapitolyo. It is also a short drive away from Bonifacio Global City and Makati via C-5.