Vion Tower's first appreciation in Value
- Jao Elegado
- Jan 15, 2019
- 1 min read
The year 2018 has been a great one for the real estate industry in the Philippines most especially in the renowned land of opportunities, Makati City. The overwhelming demand from the foreign market that started in the third quarter of 2017 and continued up until the end of 2018 surely had its effects felt not only by the investors but also by the developers themselves.
Makati City has already proven its property investment potential with its long history of consistent annual appreciation of property value that ranges from 7 percent to 9 percent. But with last year's overwhelming demand from the foreign market, the value of real estate properties in the city appreciated to as much as 10 percent to 13 percent.
The Megaworld Corporation launched a new project last November 27, 2018 called the Vion Tower. As a result of the recent property value appreciation in Makati City, the company announced on January 1, 2019 that the price per square meter in the Vion Tower will appreciate by 5 percent to 6 percent of the total contract price. The present price now ranges from P183,000 per square meter in the lowest residential floors to P250,000 per square meter in the Penthouse levels. Despite the increases, the Megaworld Corporation remains competitive by being one of the most affordable pre-selling residential condominiums in the vicinity that does not compromise a first-rate lifestyle -- a promise that the Megaworld Corporation delivers in all its Makati projects! Be a resident of the Vion Tower and experience the first-rate lifestyle that Megaworld promises!
You can visit www.mcbdcondos.com/the-vion-tower for more details about the project.
This is an article from: https://www.propertyinvestment.ph/vion-towers-first-appreciation-in-value/
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