Sunday, May 29, 2011

Part 2 Real Estate: Chateau Elysee

PROPERTIES NEAR SM BICUTAN

In real estate, it is all about location, ,location and location. I remember Ray Kroc, the founder of McDonalds restaurant. One time, Ray Kroc said to an MBA class , “My business is not hamburgers. My business is real estate. ”. Obviously Ray Kroc uses the hamburger business in order to get the best location of real property in the world. In every corner of the city, you would see the McDonalds restaurant. In every prime location of the world cities, McDonalds is there. Likewise when considering an investment, the location is of prime importance.

For comparison purposes, I have selected a few properties specifically condominiums near SM Bicutan where Azure Urban Resort is located. Also, I have selected 1 bedroom unit for all the rest of the condominiums selected near SM Bicutan. What I have noticed is that the big boys developer like Robinsons, SM Residences, and DMCI have their one foot in this area.
Chateau Elysee
General Info
          Built in an enchanting French Mediterranean design, Chateau Elysée sprawls on 4.8 hectares of prime land, with more than half of the property devoted to amenities and breathing space, and a clubhouse with complete facilities.Every living space at Chateau Elysée is masterfully designed - from the living room to the kitchen. Our One-, Two- and Three-Bedroom units evoke comfortable living and freedom of space. High ceilings create a sense of airy openness. Wide windows look out across pleasant bright expanses of gardens and courtyards. There are 6 clusters, each cluster has 4 buildings and each building has 6 to 7 floors.
SMDC Chateau Development SiteCluster Names are:
Cluster 1:Concorde
Cluster 2: Lafayette
Cluster 3: Eiffel
Cluster 4:Seine
Cluster 5: Vendome
Cluster 6: Ritz


Location
         Chateau Elysée in the heart of Bicutan, Parañaque City, just 20 minutes away from the Makati Business District, and 15 minutes away from the International Airport, with shopping, dining and entertainment destinations of SM Bicutan just 10 minutes away.

Price
      1 million to 1.5 million

Payment Terms
     Cash -  10 to 11 % discount
     Deferred Cash  payable in 6 months, 12 months, 18 months
     Spot Downpayment 
              20% spot DP  80% thru Bank/In-House Financing
              30% spot DP 70% thru Bank/In-HouseFinancing
              40% spot DP 60% thru Bank/In-House Financing
      Installment
               30% DP payable in 12 months 70% thru Bank/In-House Financing
               10% DP payable in 12 months  10% DP on 13th month  80% thru Bank/In-House
Amenities
SMDC Chateau Residences
• Clubhouse with Function Halls
• Fitness Gym
• Playground Area
• 25-meter Lap Swimming Pool
• Kiddie Pool
• Wading Pool
• Children's Play Area
• Basketball / Volleyball and Tennis Courts


Building Facilities and Services
• Chambermaid Services (Maintenance and Housekeeping)
• Shuttle Service To and From SM City Bicutan
• Spacious Courtyard with Children's Play Area
• 24-hour Security
• Automatic Fire Sprinkler System
• Centralized Overhead Water Tank for Sufficient Water Supply
• Provision for Garbage Disposal Area
• Stand-by Generator Set for Common Areas
• Natural Air Ventilation for Common Areas
• Sufficient Fire Exits
• Spacious Lobby and Corridors
• Back-up deep Well Water Facilities
•Convenience Store


Construction Progress
    It is ready for occupancy.

Developer
       SM Residences

Floor Area
         Typical 1BR has 24 sqm.

Typical Unit Finishes  SMDC CHATEAU UNIT
SMDC CHATEAU BEDROOM
SMDC CHATEAU UNIT
SMDC CHATEAU UNIT
Ceramic Floor Tiles 
• Painted Wall and Ceiling 
• Modular Kitchen Counter and base cabinet 
• Toilet and Bath with ceramic tiles 
• Automatic Fire Sprinkler System 
• Provision for telephone and internet facilities 
• Provision for cable tv facilities 
• Provision for water heater at master’s bedroom T&B 
• Individual Electric and Water Meter 
High ceiling units (3.0 meters)

Sources
Information and photos courtesy of below web portal:

Note: I am not affiliated nor connected to Chateau Elysee Residences.

The accuracy and correctness of the contents found on this site is not warranted either. OFW Investor will not be liable for any readers losses arising from following the recommendations or tips found on this site.Trademarks and copyrights found on this site are the property of their respective owners and OFW Investor holds no responsibility for any infringement on any of the above.

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