Inside Information for the Investment Minded
How Iloilo Business Park Condominiums increase in value over time
Are you missing out on a property investment?
If you have the financial capacity and are not even considering of getting a unit in Iloilo Business Park, then you are indeed missing out.
Iloilo Business Park Condominiums are perhaps the most valuable residential assets in Iloilo today.
Yes, it is EXPENSIVE… there is no use hiding the fact that it is the priciest residential space per unit area.
But if you are thinking of the costs and it gets you overwhelmed, you are going about it the wrong way.
Don’t think of the price. Think of the VALUE instead.
“What is it that makes the condo units in this township so valuable?”
We can go forever pointing those things out. But to keep it short, there is a reason why the units appreciate in value every year.
The units you acquire in Iloilo Business Park can double up in value in the next 5 years. And this is not only based on presumption. It has precedence as it is happening right now… particularly with One Madison Place units.
In laymen’s terms… buy a 3 Million worth of property now; you should have 3 Million worth of financial gain after 5 years.
Across all condominiums, units are averaging around 8.8% appreciation rate every year and still have the same level of demand among investors.
Here are the Condominium unit’s actual prices (old market value) in the past compared to the current price (current market value):
One Madison Place Studio Unit without Balcony
2013: 1,771,900 PHP
2021: 4,590,000 PHP
Average Annual Appreciation: 12.7%
In 8 years, the return of investment has almost tripled!
And the property still appreciates!
Lafayette Park Square 2-Bedroom Unit with Balcony
2014: 8,526,735 PHP
2021: 15,887,000 PHP
Average Annual Appreciation: 9.3%
Almost doubled in 7 years.
The Palladium 2-Bedroom Unit with Balcony
2015: 9,908,750 PHP
2022: 16,813,600 PHP
Average Annual Appreciation: 7.9%
About 1-Million Peso per year for a 2-Bedroom unit, and expected to dramatically increase in the following years.
Saint Honore 1-Bedroom Unit with Balcony
2016: 6,912,000 PHP
2021: 9,312,000 PHP
Average Annual Appreciation: 6.9%
One of the newer condominiums, the rate of increase is expected to be lower than the older ones but it is still more than a couple of million in a little less than 5 years for a 1-Bedroom unit.
Saint Dominique Studio Unit with Balcony
2017: 3,721,000 PHP
2022: 4,978,000 PHP
Appreciation: 6%
Just freshly launched late of 2017 and it has already increased in value. Not quite as high as the others but keep in mind that this was just its early waves of price increase. As time goes by, it will increase in value at every progress of Iloilo Business Park.
This is based on real numbers, actual prices directly from Megaworld Corporation. This is supposed to give you an idea on how the units are appreciating these past few years.
Keep in mind that Iloilo Business Park is still in its early stages — that means, plenty more of developments and progress are to be expected. It aims to be the best address in Western Visayas, if it’s not yet the case. Value appreciation is almost a certainty.
Real Estate investing is all about location and the development of properties surroundings.
When it comes to developing townships, nothing does it better than Megaworld.
