Real Estate Philippines News Blog

If you will notice the Philippine Real Estate market today, seldom will you find any Metro Manila Commercial Spaces for Sale. What you will see mostly are residential spaces for sale, whether they’re condominiums, residential lots, townhouses, etc etc. Why is that so? Of course, one can argue that the primary reason for this is that our rapidly growing Filipino population needs to fulfill their basic need of having shelter (See my previous blog post here). But there is another reason – Commercial Spaces, when owned, can yield great profits for you especially in the long-term.

A Metro Manila mall normally commands more than P1,000 per square meter of rental revenue. That, my friends, is relatively high especially here in the Philippines. Most residential areas cannot charge as much, with some exceptions coming from a few high-end condominiums like Rockwell. Also, if the mall is particularly strong, like Glorietta or SM North Edsa for instance, commercial spaces go for as high as p2,000 to even 4,000/sqm! That is the reason why you will never see SM or Ayala Land sell any of their commercial spaces – simply because the revenue they generate is VERY VERY high.

Meanwhile, Eton Properties has decided to pre-sell some of its Metro Manila commercial spaces in their respective residential condominium projects for cash flow purposes. Among them are Eton Baypark Manila, Belton Place Makati, Eton Parkview Greenbelt and Eton Emerald Lofts Ortigas Center. Only a few of these commercial units remain available for investment, as keen investors have snatched up most of them in lieu of the great long-term profits that they will earn in the near future. However, it is not too late. Perhaps the best Eton commercial properties are now being offered at Green Podium Mall in One Archers Place along Taft Avenue and beside De La Salle University. Just look at its location and you know that this one’s a winner! The foot traffic in that area mainly comes from the DLSU students themselves since One Archers Place is virtually inside the DLSU Taft campus, hence making it VERY prime property indeed.

The Green Podium Mall promises to be a very prime property with high overall quality since Eton’s very reputation is at stake with this mall. Have a look at the layouts below…

Notice that each space is zoned into a particular use, which ensures that the Green Podium Mall will be well-balanced to serve all the needs and wants of its target market – De La Salle University students and those who pass by the DLSU area. Also, the spaces which face the outside roads of Taft Avenue, Castro Street and Fidel Reyes “Agno” Street can operate more than 24 hours since their entrances are facing the road. This also applies to some of the spaces on the 2nd floor like Unit 17, which have their own stairway access and can therefore operate beyond the usual 9am to 9pm mall hours.

For more inquiries about these very investment-worthy Eton commercial properties, inquire here with:

Administrator, the Real Estate Philippines News Blog
Account Manager, Eton Properties
Landline: +632-4258726, Cell: +63920-9124909
Email: Terence.Propertyphil@gmail.com
Yahoo Messenger: ritaku17@yahoo.com
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Tags: Eton Commercial Properties, Green Podium Mall, metro manila commercial space, metro manila commercial space for sale, Metro Manila Commercial Spaces, Metro Manila Commercial Spaces for Sale

This entry was posted on Tuesday, May 5th, 2009 at 2:40 pm and is filed under Commercial Properties, Eton-Properties. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.