Shang Residences at Wack Wack
Shang Residences at Wack Wack is an exclusive resort-inspired residential property in the verdant neighbourhood of Wack Wack, Mandaluyong. It is set in beautifully landscaped gardens neighbouring one of Manila’s most iconic heritage golf clubs. Conveniently nestled between Greenhills and Ortigas, and within easy travelling distance to both Ortigas and Makati central business districts, the Wack Wack neighborhood is home to some of the best schools, universities, medical facilities, and shopping that the city has to offer.
DETAILS
FACILITIES
ADDITIONAL INFO
LOCATION
FLOORPLAN
CONTACT
Details
Price:
PHP 17,638,000 - PHP 59,598,000
Address:
575 Wack Wack Road, Mandaluyong, Metro Manila, Philippines
State:
City:
Mandaluyong City
Developer:
Shang Wack Wack Properties Inc.
Max sqft:
2,497
Tenure:
fh
Completion Year:
2023
Property Type:
Condo
Units Available:
460
Area Range:
874 - 2497 (sqft)
Facilities
Home Features
  • 24 Hr Access
  • Air Conditioning
  • Bath Room
  • CCTV
  • City View
  • Corner Unit
  • Swimming Pool View
  • Walk-in-wardrobe
  • Fixture & Fittings
  • Bathtub
  • Cooker Hob / Hood
  • Intercom
  • Facilities
  • Balcony
  • Games Room
  • Garage
  • Gymnasium
  • Lap Pool
  • Maidsroom
  • Multipurpose Hall
  • Outdoor Patio
  • Playground
  • Sauna
  • Additional Info
    Investment Facts
    The new freehold development was launched in September 2018. It is a joint development between two prominent Hong Kong-listed property heavy weights, Shangri-La Resorts Worldwide, and Kerry Properties Limited. Enjoy signature Shang Properties living experience – superior amenities, outstanding architecture and world-class design. Conveniently nestled between Greenhills and Ortigas, and within easy travelling distance to both Ortigas and Makati central business districts. The Wack Wack neighborhood is home to some of the best schools, universities, medical facilities, and shopping that the city has to offer.
    Cash Requirements
    To purchase a unit at Shang Residences at Wack Wack, must pay a fee of PHP 200,000.00 (approximately SGD 5,070) to reserve a unit. The down payment is due 30 days after reservation. -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. -As a matter of fact, local banks do not even allow the 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
    Rental yield is estimated at around 4.5% to 5% p.a.
    Resale Options
    The developer has the right of first refusal if resale is made prior to the handover of the unit. A transfer fee of PHP 150,000 (approximately SGD 3,084) is charged when transferring ownership rights prior to handover. Ownership of foreigners is limited to 40% of the total project.
    Floorplan
    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
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