Situated along President Quirino Avenue Extension, Avida Towers in Paco, Manila is near prime educational destinations from elementary to the collegiate level. Find everything you need in the area’s shopping malls and retail neighborhoods. With direct connectivity to one of the city’s main thoroughfares, access and around the metro is a breeze. Avida Towers Intima is where you achieve urban living in a safe and exclusive community. Experience the thrill and excitement of living in a Manila property with Ayala Land.
- Occupying a land size of 263,794 sqft, the residence comprises 800 condominium units ranging from 1 to 4-bedrooms and a comprehensive range of indoor and outdoor facilities.
- Each apartment is meticulously designed with select appliances and fixtures from renowned brands such as Assa Abloy, Laufen, Samsung, Franke, and Gessi.
- Situated along Jalan Lempeng, Parc Clematis is a rare condominium development in the mature Clementi estate.
- The capital region offers a wide array of condo options, catering to various budget ranges and lifestyle preferences.
- Factors that can affect your condo fees include the size of your unit, the amenities offered, the location, and the age of the building.
Embrace a vibrant community with an inherent appreciation for refined living and proximity to nature, retail, and culture— all the makings of a modern masterpiece. Certain decisions, however, require unanimous consent of all the owners of the units in the condominium. These include decisions relating to changing the aesthetics and decor of the condominium, those which seriously affect the use or enjoyment of any common part or those which may prejudice the stability or the security of the building. This framework has facilitated the growth of the condominium market and enabled developers, unit owners, and investors to navigate the sector with a clear understanding of their rights, responsibilities, and obligations.
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While the Condo Law was generally praised as being progressive legislation, particularly given its recognition of foreign ownership rights, a practical implementation of the law has not yet been possible. Particular obstacles were the lack of clarity surrounding certain eligibility criteria (including how the 40% foreign ownership cap would be calculated) and gaps in certain registration processes. When living in an apartment you will have to pay monthly rent with a security deposit as per the rental.
- This unique combination of private and shared ownership creates a distinct legal framework that governs condominium projects in the Philippines.
- The exemption does not apply, however, to management companies that place a manager on-site at a particular community, where the manager is employed by the management company.
- Developers and the government may need to explore innovative housing solutions and financing options to address these challenges.
- There is no need to prepare a separate deed for the transfer of limited common elements when a unit is sold.
The residence is surrounded by a variety of shopping malls and amenities to fulfil everyday needs without having to travel far. Shopping malls including KINEX, Paya Lebar Quarters, Singpost Centre, I12 Katong, Tanjong Katong Complex, City Plaza, Joo Chiat Complex are well within 2 km radius from the development. The Continuum at Thiam Siew Avenue is located in a prime spot to enjoy the nostalgic charm of Katong and the vibrancy of the East Coast. Residents can look forward to exciting happenings in the neighbourhood and a great variety of recreational, retail and dining spaces just minutes’ away from the residence.
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Forming part of the Bukit Timah Collection, Juniper Hill is an upcoming luxury condominium developed by well-known developer, Allgreen Properties Limited. Juniper Hill is situtated minutes away from the Stevens MRT Interchange station and is within 1 km from several renowned primary schools. Blossoms By The Park is a newly launched condominium development released in 2023 and will be situated in the vibrant heart of One-North Business Park. Here, the seamless integration of living, working, and learning converges, offering close proximity to the prominent Buona Vista MRT station.
Until registration of a revocation, the provisions of this Act shall continue to apply to such property. An investment in a condominium property just like any other real estate investment is undoubtedly a prime investment for anyone to make. A condominium property is developed for a particular use which is commonly residential but it may also be for non-residential purposes such as shops or warehousing. Therefore any unit owner who intends to change the use of his or her unit will require a unanimous consent by all unit owners and approval by the local authorities. If the change intended will result in a modification of the condominium plan then the owner has to submit to the Registrar a modified condominium plan. A condominium is a type of housing where individuals own their units while sharing ownership of common areas like corridors and amenities with other unit owners.