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.
Gem Residences is a precious find, a home with a strategic albeit off CBD location that shows immediate accessibility to work, all the while providing its residents the luxury of having a psychological headspace from the busy professional’s work environment. Gem Residences features thoughtfully designed facilities and amenities to promote a sense of balance, connectivity and productivity, addressing the various demands of the multi-faceted lives of today’s young urban professional. A home to be treasured that allows residents to blissfully move between different facets of
one’s life, be it work or play in seamless harmony.
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.
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.
|Payment Scheme||Particulars||Discount on TLP (RESI)|
|Spot Cash||100% Spot Cash in 30 day*||10.00%|
|Deferred Cash||100% Payable in 65 month*||2.00%|
|Spot DP||10% Spot / 90% in 64 months||2.00%|
|Spot DP||20% Spot / 80% in 64 months||4.00%|
|Spot DP||50% Spot / 50% in 64 months||5.00%|
|Spread DP||20% in 64 month / 80% through cash or bank||0.00%|
|Easy Payment Scheme||10% Spot / 10% in 63 months / 80% though cash or bank||0.50%|
|Easy Payment Scheme||20% Spot / 10% in 63 months / 70% through cash or bank||1.00%|
Frequently Asked Questions
What is the overall look of our lobbies?
• Our Hotel-Like Lobbies with high-grade finishes, sculpted ceiling lights and design pieces will provide a grand and opulent sight while the bespoke furnishings will provide a very comfy feel.
What are the back-up power?
• For common area: 100% back-up power
• For residential units:1 convenience outlet , 1 refrigerator outlet, 1 lighting outlet in the living area
When is the project completion date?
• April 2026
How does the ventilation function on typical residential
• Natural Ventilation
How to install Front Load Washing Machine?
• Recommended washing machine is 7.0-7.5 kg with 850x600x550mm (WxHxD) dimension.
• Intended location for the front load washing machine is at the kitchen countertop area. Below the countertop is a void space which can accommodate a commercially available front load washing machine.
• During installation, the installer may connect the water supply hose to the water point provision. The installer may also connect the drainage hose to the drainage provision.
How to extract the Front Load Washing Machine for Repair
• The water and drainage hose need to be disconnected from
the water and drainage points.
• When disconnected, the washing machine may be pulled
out of the kitchen counter for repair and maintenance.
Fault line Concern
• A certificate provided by R. B. Sanchez Consulting Engineers, states that
the design of the project can withstand earthquake up to Magnitude 7.0. This is in compliance with the engineering standards of the National
Structural Code of the Philippines 2015, Vol 1, 7th Ed.
• A certificate provided by PHIVOLCS states that the Ground Rupture of the
said project is “SAFE”.
• The seismic parameters such as the distance of the nearest fault line and
soil profile type, as well as the foundation design are based on the Geotechnical Assessment Report by Dr. Salvador Reyes PhD (soil consultant) and were accounted for on the design of the structure. Please note that Gem Residences was designed conforming to the NSCP2015 and its applicable references, provisions, and exemptions of local and international codes, as accepted in local engineering practices and as adapted by theNSCP2015.
• RB Sanchez Consulting Engineers (Structural Consultant)
• Dr. Salvador Reyes (Soil Consultant)
• EA Aurelio (Landscape Consultant)
• ASYA Design (DesignConsultant)
• M Concept (Interior Consultant)