Author Archives: Lauren

Apartment Rental Terminology

The most important thing you have to do before renting out your first apartment or condo is to make a budget. Look at how much cash you’ll be getting each month then determine how much of that will go to utilities, miscellaneous bills (cellphone, cable TV, internet), groceries, entertainment, and personal items. From there, you should be able to figure out how much you can spare for the rent. Remember though, that there are more costs to renting than the rent!

Remember that there is a difference between a reservation fee and a security deposit. The amount of the reservation fee usually varies from landlord to landlord but they’re usually the equivalent of a month’s rent. The difference between the reservation fee and the deposit is that the former is non-refundable. This is because the reservation fee is an indication of financial stability and serious commitment about renting the place.

The security deposit is refundable and is usually given when you move in or sign the lease. Any damages done to the property will be deducted from the security deposit. If the apartment is still in the same condition when you move out, you should get the entire deposit back. Before signing the lease, make sure you ask the landlord what items in the apartment are covered by the security deposit.

Other fees that you might have to pay besides the rent are a monthly parking fee or amenities fee if your apartment has a swimming pool or gym area. Late payment fees are standard for apartments but like other fees, they vary from building to building.

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Developers Invest 4.7B in Lapu-Lapu City

Fifteen real estate companies just invested 4.7 billion pesos to develop hotels, resorts, and residential subdivisions in Lapu-Lapu City starting the first quarter of 2008. Some of the developers involved in the project are Filinvest (the Php 25 million Aldea Del Sol in Barangay Maribago and Seascape Subdivision in Barangay Mactan), Robinsons Land (starting with the Php 533 million first phase of Amisa, an integrated condominium and resort, as well as Php 12 million for Blue Coast Residences), and Clavall Properties (who will expand Shangri-La Mactan Island Resort for approximately Php 1.3 billion). Other developments in Lapu-Lapu City will be the Gaisano Grand Mall in Barangay Basak (Php 134 million), Mactan Oceantown Information Technology Park and Commercial Complex (Php 57 million), and Microtel Hotel (Php 65 million).

According to City Administrator Teodulo YbaƱez, Lapu-Lapu city is more business-friendly than its neighboring cities (Mandaue and Cebu) due to lower business taxes, fees, and licenses. In fact, Lapu-Lapu is the 21st best city in the country for entrepreneurs to start a business. The investments from real estate companies is bringing Lapu-Lapu City closer to becoming a gateway for international business and tourism by 2020, as part of the Mactan Island Integrated Development Plan.

Michael Dignos of the City Attorney’s Office said these investments bring Lapu-Lapu City closer to becoming an international gateway for business and tourism by 2020 as indicated in the Mactan Island Integrated Development Plan.

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Kitchen Designs by SieMatic BeauxArts

SieMatic BeauxArts brings to the Philippines a completely novel concept in kitchen interior design that’s never been done before. Featuring elegant and stylistic designs in contemporary sophistication, BeauxArts Kitchens has intriguing combinations of materials, finishes, colors, and engineering.

What makes BeauxArts kitchen such a hit is that they don’t just give you pre-fabricated kitchen designs. Instead, they allow each person to discover a new freedom of design. Planning the kitchen is done in segments, where countertops and fronts made out of different materials and dimensions can be used. You can combine rustic stovetops and antiques with stainless steel fronts, if that’s how you want your kitchen to look like. BeauxArts makes sure that they accommodate the desires and tastes of all their customers.

Their designs also include elegant color selections of beige, green, white, grey, and two new wood finishes. Although you can technically use any color scheme, warm earth tones and natural hues give their kitchens a more homey look.

The lighting system of BeauxArts Kitchens are more than functional; they’re unobtrusive and indirect. Light is evenly distributed all over the work areas, making the kitchen appear larger and symmetrical while providing the proper illumination for cooking.

To view their state-of-the-art kitchen designs, visit the SieMatic Showroom along Pioneer St. Corner Reliance St., Mandaluyong City. The showroom is open from 10:00 am to 7:00 pm from Tuesdays to Saturdays, and 1:00 pm to 6:00 pm on Sundays. For more information, you can call them at 634-8587 or visit their website at www.siematic.com.

Apartment Essentials

Getting your first apartment is an exciting experience. There’s so much empty space for you to personalize according to your tastes, but it’s also easy for you to get carried away and spend on unnecessary (but gratifying) things. Here are some essential items you will need to turn your apartment into a comfortable home. It’s a good idea to purchase some of them before you move in.

Mattress or bed

While you still have no furniture in your apartment, your bed will serve as the place where you eat, sleep, or read. Make sure you measure your bedroom before buying the bed frame or mattress.

Trash cans

You’re going to be cleaning up the apartment, and naturally you’ll need a place to keep all the dust and debris. Have at least three trash cans – one for the kitchen, the bedroom, and the bathr

Shower curtains

Besides being functional, shower curtains can add a lot of life and style into your bathroom.

Curtains/blinds

Chances are your apartment won’t come with curtains or blinds, so you might want to get some as soon as you can for your privacy. While blinds are more functional, I prefer curtains as they definitely bring more life to the room. The fabric also helps weather the sounds and temperature outside.

Chest of drawers

You can’t keep your clothes in the box forever. If you have the space for it, a chest of drawers is a great place to store your clothes. A very affordable alternative to this are those stackable plastic drawers that you can get at office or furniture stores.

Dishes and utensils

It’s always cheaper to make your own food than to get takeout everyday. Get some plates, spoons, forks, knives, and glasses you can use permanently.

A Feng-Shui Positive Home

Feng shui (pronounced fung shway) is an ancient Chinese philosophy that focuses on living harmoniously with the environment. In a home, positive energy or “chi” can be channeled through proper placement and design to achieve balance among the elements fire, earth, water, wood, and metal.

One of the easiest things to follow when choosing a property or home with positive feng shui is the lot. A house with positive chi has a lot shaped like a rectangle or square – never a triangle. Triangles are considered incomplete and irregular because its sharp points indicate ill omens. The lot should also have a natural source of running water, like a river or a creek beside the home, be located near nature or animals, placed between two hills with different sizes that are not larger than the house itself, or placed in front of a hill.

The house itself must face south to allow warmth and sunlight into the home for a good part of the day. A house that is positioned at the end of a dead-end street or a cul-de-sac have less chi because its positions trap in the sha, or the negative energy.

Design-wise, houses that use natural materials like stone or concrete countertops and wooden flooring have a clear flow of chi. Other design elements need to be considered. For instance, the master’s bedroom should be located farthest from the front door, preferably at a back corner. Loud colors and art should be avoided, and you shouldn’t be able to see yourself on a mirror from the bed as your reflection disturbs your sleep patterns.

Whether you actually believe in the flow of positive chi or you just like the location of your lot and the way your furniture is arranged, the philosophy of feng shui is all about harmony and balance – elements that are needed in any home.

Tips for First Time Renters

Congratulations, you’ve finally gotten around to moving out of your parents’ house and finding a place of your own. You already know what kind of furniture to get and the parties you’ll be throwing every weekend. But before you celebrate, do remember that this is real life and living on your own isn’t just about no longer having a curfew. Here’s some advice you might want to follow so that you can avoid making costly mistakes during first experience out on your own.

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