HSBC Home Loan Sale at 6.99% per annum


Good thing I found out about HSBC latest home loan promo. Right now, the interest rate of my home loan is 9.5%. HSBC is offering 6.99% for 1 year period and 7.99% if you get a lock in period of 2 to 3 years.

For those of you who plan to buy a new home, this is a good rate. I remember the first home loan I got in year 2000 was from BPI Family bank. Interest rate was then 14% then it slowly decreased through the years. Buying your first home or upgrading your current dwellings is an exciting and daring venture for most. After all, buying or building a new home is a process that needs a lot of planning, patience, and most of all, money. But don’t let your financial limitations get in the way of your dream home – especially now that HSBC is offering an all-time low interest rate on their home loans.

If you apply for a home loan from HSBC between July 5 to September 30, 2010, you get to enjoy the following interest rates for 1-year, 2-year-, 3-year, or 5-year loans.

1 year: 6.99%
2 years: 7.99%
3 years: 7.99%
5 years: 8.99%

Aside from these amazing interest rates, HSBC will also waive the standard fees for the following:

Processing fee
Title verification service fee
Appraisal fee
Mortage Redemption Insurance premium *
Fire insurance premium *
Mortgage Registration Fee
Documentary stamp tax
Registry of deeds cancellation fees

* These fees will be waived for the first year only

Ask HSBC how they can help you attain the home of your dreams and achieve big savings in the process! Call (02) 85-800 or 976-8000 (Metro Manila), 1-800-1-888-8555 (provincial), or
+632-8580000 (abroad).
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The West Tower at One Serendra: Life Begins within a Stunning Setting

With the launch of The West Tower, Ayala Land Premier offers buyers a final chance to be part of its uncommon urban sanctuary, One Serendra. The combination of a unique location in Bonifacio Global City (BGC), a flourishing environment within, and graceful spaces makes The West Tower at One Serendra a truly singular residence.

One Serendra Aerial

“In the West Tower, we are combining the comforts of larger, more thoughtfully planned living spaces, greenery and open spaces usually found in subdivisions with the conveniences of access only an urban location like BGC provides,” says Rex A. Mendoza, Senior Vice President and Chief Marketing & Sales Officer of Ayala Land.
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Moranti: The New Tower at Two Serendra

alveo meranti

For the last couple of years, Two Serendra has been one of the most desirable addresses in the Metro. And why shouldn’t it be? This development is features highly thematic and upscale aesthetics, residents will soon have a venue where family and friends can converge to pursue their interests together. Amenities cater to each resident’s diverse passions, goals and ideals. The introduction of The Meranti—the newest tower to rise within Phase 3 of Two Serendra—perfectly complements the tenets of one of the most innovative and pioneering developments under Alveo Land’s portfolio.

alveo meranti tropical garden

Recently earning approximately 700 million during The Meranti’s priority selling, the project is Two Serendra’s newest high-rise development in the thriving retail, business and lifestyle epicenter.

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The Year of the Metal Tiger is an Auspicious Year

condo construction

Happy Chinese new year! According to feng shui experts, the Year of the Metal Tiger is a good year for the real estate industry. The earth will be the governing force of 2010, and real estate’s close association with the ground makes it off to a good start this year.

Non-feng shui experts also have favorable business forecasts for the year 2010. The Philippine real estate industry was fairly resilient in the face of the global financial crisis, and a number of developers boosted their budgets and launched a number of developments this year – many of them high end. For instance, Metrobank Group of Companies’ property arm will be constructing projects such as the third and fourth sector of the Marquinton Garden Terraces in Marikina, three more high-rise buildings in Binondo, Makati, and Fort Bonifacio. Eton Properties will be launching four to five new projects this year, including the Centris condominium, 8 Adriatico, and Eton Tower City. Finally, Robinsons’ Land Corp has the Signa Designer Residences in its lineup as well as affordable units at Gateway Regency.

Over the next four years, over 5,000 residential condo units will be completed in the Makati Central Business District. Outside this, around 20,000 condominium units will be available for selling and occupancy. With so many options and so many affordable payment schemes available, now is definitely a good time to invest in your own condominium!


Optimistic Real Estate Outlook for 2010

2009 was a year of calamities and the usual political turmoil, but the Philippines’ real estate sector remained resilient despite the financial crisis and developers continued to start new projects as a response to the market’s increasing demand. In fact, chairman of CB Richard Ellis (CBRE) Philippines Rick Santos says that most Philippine real estate companies remained profitable during the first three quarters of 2009, with SM Prime Holdings and SM Development Corp being the biggest players of the year. The latter group is SM group’s middle income residential condominium development, which reported a 1.3 billion net income during the first nine months of 2009. Other active players include Ortigas & Co. Phinma Properties, Rockwell Land, and Greenfield Development DMCI Homes.

The passage of the Philippines REIT Act of 2009 sees the accelerated growth of the property section as more investors come to the country for new opportunities. There are also a number of income generating assets that can be converted into real estate investment trusts, such as residential condominiums, office buildings, apartments, and tourism related facilities. As far as new business districts are concerned, CBRE Philippines vice chairman Joey Radovan says that BPO (business process outsourcing) companies are looking for cheaper office spaces. Cebu might be the next big thing in terms of the development of business districts, with major developments starting in Cebu City, Mandaue City, and Lapu-Lapu City. Ayala Land will also be developing a new IT park in Cebu City, in addition to the existing Asiatown IT Park and Cebu Business Park districts.

Five Reasons to Invest in Santierra Nuvali

santierra nuvali

Nuvali, Ayala Land’s latest development in the south, will soon be selling lots in the phase Santierra. With tree-lined roads and master-planned layouts, residents of Santierra will experience an orchestrated interplay between natural and suburban living. Aside from the pride of ownership that comes from owning a beautiful home from a premiere Ayala development, there are five other reasons why you should invest in Santierra Nuvali.

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