The Rise Makati

The Rise Makati is a 63-storey mid-market residential and commercial development that celebrates world-class architecture and interior design.
It features 82,000 square feet of amenities, and a two-storey mall with 50 tenants consisting of about 41,000 square feet of retail space.
The 3,044 unit development is divided into three wings converging in a central core..
Each floor will have 55 units, but will only have between 17 to 21 units per wing while 18 lifts will service the development.

DETAILS
FACILITIES
ADDITIONAL INFO
LOCATION
FLOORPLAN
CONTACT
Details
Price:
PHP 5,152,000 - PHP 16,954,600
Address:
7248 Malugay St., San Antono Village
State:
City:
Makati City
Developer:
Shang Properties Inc.
Max sqft:
808
Tenure:
Completion Year:
2020
Property Type:
Condo
Units Available:
3044
Area Range:
265 - 808 (sqft)
Facilities
Home Features
  • 24 Hr Access
  • Bath Room
  • CCTV
  • City View
  • Corner Unit
  • Swimming Pool View
  • Fixture & Fittings
  • Intercom
  • Facilities
  • Balcony
  • Games Room
  • Gymnasium
  • Jogging Track
  • Lap Pool
  • Library
  • Multipurpose Hall
  • Outdoor Patio
  • Playground
  • Sauna
  • Yoga Room
  • Additional Info
    Investment Facts
    This freehold development was launched in 2014 and is currently 85% sold.
    Cash Requirements

    -A reservation fee of P50,000 (approximately SG$1,276 is needed to reserve a unit.
    -A minimum down payment of 10% is required upfront and will be due 30 days from Reservation Date.
    -Foreigners cannot open a local bank account (unless they have a local company, partnered with a Filipino) or secure a loan if they are not based in the Philippines. If they choose to take a loan, it would have to be with their own bank in their home country using their own property there as collateral.
    -Local banks also do not allow (even local) buyers to use their purchased unit/s from a pre-selling project, as collateral when they opt to get a bank loan. Bank financing normally comes in when the project has already topped off in the construction stage.

    Rental Yield
    Projected rental yield is between 4.5% to 5.0%
    Resale Options

    The developer has the right of first refusal if resale is made prior to the turnover of the unit. A transfer fee of P150,000 (about SGD 3,800) is charged when transferring ownership rights prior to turnover. Ownership of foreigners is limited to 40% of the total development.

    Margaret Bong
    Call ( click to show number ) 97273119
    Or drop us your details and one of our sales consultants will contact you.
    Send me updates and partner offers
    Margaret Bong
    Call ( click to show number ) 97273119
    Or drop us your details and one of our sales consultants will contact you.
    Send me updates and partner offers
    Check Availability
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