January 31, 2019
Condo buyers reap benefits of purchasing pre-selling units
Brixton Place’s site development plan.
One of the benefits of buying a pre-selling condominium unit is getting a higher return on investment (ROI) as the property increases in value over time.
Buyers of DMCI Homes’ Brixton Place development along Brixton Street corner Fairlane Street and West Capitol Drive in Kapitolyo, Pasig in fact have netted as much as over P3 million in ROI as of January 2019 with the capital yield of the two-tower project having doubled just two years after the property was put on the market in June 2016.
Marketing communications consultant Kit Trajano for one is elated to see her investment growing in value even though she meant it as a graduation gift for her son.
Trajano got her 2-bedroom unit in the resort-inspired development for P3.4 million in August 2016, P3.4 million lower than its P6.8 million price tag as of January 2019.
Per Trajano, “In just three years, my unit’s value doubled. It was an unexpected, but very pleasant, surprise!”
Meanwhile, Kate Pineda who also bought a 2-bedroom unit in the 9,618 square meter (sq.m) development, is happy that she made the right choice in investing in the property industry instead of trading in the stock market.
Pineda’s unit at Brixton Place is her second condo investment after buying a 1-bedroom unit at another DMCI Homes project, Lumiere Residences in Pasig Boulevard, Pasig City.
Her unit in Brixton Place is valued at P6.6 million value as of January 2019, P3.2 million higher than its original price of P3.4 million in July 2016.
“I am very happy that my investment has grown its value over the past years. I feel like I made the right choice when I bought the unit,” shared Pineda who has always wanted to live in the Kapitolyo area that is known for its renowned hole-in-the-wall restaurants and interesting art galleries.
Composed of the 45-residential level high towers Brent and Weston, the sold-out project instantly became a hit among end-users and investors because of its excellent location near business centers, malls, prestigious schools, medical institutions and transportation hubs.
“Location is my top reason for choosing Brixton. I’ve always liked the vicinity of Kapitolyo and when I learned that there’s an upcoming project in Kapitolyo, I didn’t think twice in purchasing a unit,” revealed Pineda who works as a client service manager in a media research firm.
Artist illustration of Brixton Place’s lap pool.
With the high ROI of their condo investments, the two unit owners are convinced that property investing, especially on pre-selling properties, is the best way to make their money grow.
“Property, more often than not, appreciates. Often at a growth rate better than whatever is offered by the banks. If one is looking for a guaranteed investment, property is the way to go,” Trajano opined.
“Investing in stocks and bonds may be iffy – especially if playing the stock market isn’t second nature to you. With property, the ROI is usually rather high, so the possibility of your money going to waste is lower. I’d rather risk my hard earned money on bricks than on paper,” she stressed.
“I do think that real estate property is one of the best investments that one could make. The value increases over time and does not depreciate. Sure it involves a lot of money, but you also reap big rewards,” Pineda, for her part, said.
Nonetheless, the two have a word of advice for would-be property investors—that is to choose the right developer to put one’s money on.
“I worked in the property development industry for 10 years. In my experience, by choosing the right property, location, and developer, one can make one’s investment increase in value in a short amount of time,” Trajano disclosed.
In the case of Pineda, she is fortunate enough to experience first-hand how to live in a project of her trusted developer.
“I currently stay at a DMCI Homes community and I really like it there. It’s a great value for money and investment for the future,” she enthused.
Brixton Place is one of the developments of DMCI Homes, the country’s first Quadruple-A developer known for building quality resort-inspired communities in Mega Manila, Baguio, Boracay and Davao City. Each of its properties is built with world-standard craftsmanship borne from D.M. Consunji Inc.'s over 60 years of expertise in the construction and development industry.
To learn more about Brixton Place and other DMCI Homes projects, call (632) 324-8888 or log on to www.dmcihomes.com. News and other updates are also posted on the company's official social media accounts on Facebook, Twitter, Instagram and YouTube.