The Eton Residences Greenbelt is a pre-selling Makati Condominium in the very prestigious address of Greenbelt Makati. It is also the pioneer project of Lucio Tan’s Eton Properties Philippines Inc. Its location is the at the PRIMEST (highest Zonal Value in Makati according to BIR), since it is along Legazpi St. and right in front of Chili’s Greenbelt 1. It is most comparable to The Residences at Greenbelt by Ayala Land, since their prices, location, and target market are virtually the same.
Since this is the first project of Eton Properties, management has decided to further upgrade its exterior from a classic Mediterranean feel to a more sleek, stylish, and modern look. Also, what’s very unique in Eton Residences Greenbelt is that only offers loft bi-level units, which gives you more breathing space, better air circulation and a nice “homey” feel to your Greenbelt Condominium.
When Eton Residences Greenbelt started pre-selling last April of 2007, it was immediately sold out in only 3 months! That’s because the Greenbelt location could be one of the primest locations in the Metro Manila area, and even in the whole Philippines. At that time, prices were even below the p100,000 per square meter mark, which also made it very attractive to investors since the going rate with its Ayala Greenbelt rival was about p130k per sqm. That is the advantage of investing in pre-selling condominiums – you get the lowest price with great payment terms
At present, prices at The Eton Residences Greenbelt are also in the p130k per sqm range, which is now the same with the Ayala Greenbelt condominium. Of course, they will finish earlier as its first tower has already been turned over. Meanwhile, Eton Greenbelt will be done by Sept 2011.
Due to the recent U.S. economic downturn, some units in Eton Greenbelt have reopened for sale. They still offer the low 10% or 20% downpayment term along with Zero Interest payment schemes.
Here is Eton Residences Greenbelt’s ADVANTAGE vs DISADVANTAGE chart:
|- Located in the HIGHEST Zonal Value Per Square Meter Value according to BIR (http://www.bir.gov.ph/) = PRIMEST in Makati||- Since it’s High-end, only a few can afford it|
|-Made of LOFTS, which are Rare in the Makati Central Business District||- More Expensive compared to Old Condos (for obvious reasons)|
|- BRAND NEW HIGH END CONDO, which is also rare in Makati||- have to wait until it is finished since its PRESELLING (until Sept 2011)|
|- Right in front of GREENBELT, so it is NEWEST Condo which is NEAREST to Greenbelt (aside from Ayala’s The Residences at Greenbelt)|
|- It’s Price per Square Meter is LOWER than Ayala’s The Residences at Greenbelt, with an even BETTER Location than them due to more Privacy|
|- Will still appreciate over time since it’s preselling|