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What do you look for in an investment condo? Of course, location is a top consideration, as certain places hold advantages over others in terms of accessibility. However, the best places often feature high-priced residential properties. As investors, the name of the game is buy low, sell high. Starting your investment by buying expensive condominiums means you’ll need a lot more time to raise your investment’s value. Instead, start a bit smaller by dealing with properties that have great potential for resale or rental income.   

Mandaluyong: The Great Tiger City 

One city in the national capital region that’s largely overlooked is Mandaluyong, the TIger City of Metro Manila. It got its powerful nickname for its remarkable economic growth during the early years of the 2000s. The Department of Trade and Industry and the Asian Institute of Management Policy Center jointly came up with the moniker in 2002.

While nearby Ortigas Center holds the distinction of being the business district, many corporate addresses are geographically located in Mandaluyong. This includes the headquarters of San Miguel Corporation, RFM Corporation, Unilab, and the original base of Globe Telecoms. In addition, the city’s Pioneer St and Greenfield districts are home to a growing number of Business Process Outsourcing (BPO) firms.

Shaw Boulevard: Business and Pleasure Combined

Another key area in Tiger City is Shaw Boulevard. A long stretch connecting the City of Manila with Pasig, Shaw Boulevard is home to a merry mix of business, entertainment, residential, and dining adventures. The famed Wack Wack subdivision is home to many of Manila’s old rich families. It also has a namesake golf and country club that’s one of the best courses in the country today. The avenue is also home to plenty of retail complexes, sports and fitness centers, major supermarkets, and towering residential condominiums. Homeowners, especially those with business nearby districts such as Makati, Ortigas, or BGC, love its proximity to major transport hubs and 24/7 availability of public transport. 

The Olive Place: DataLand’s “Triple A” Investment Condo    

One fascinating residential option available to homebuyers and investors is The Olive Place, a twin-tower condominium that rises up to 51 and 49 floors respectively. The project is owned and developed by DataLand Inc,, a 12-year old company that promises its clients with the three A’s of properties: Accessibility, Affordability, and Aesthetics. 

Why We Like It

For the movie Metro Manila professional, the Shaw Boulevard location is as central as you can be. Stepping outside the condo, your travel options include heading west to Manila, south to Makati, north to San Juan, and east to Pasig. Shaw Boulevard is also a few minutes’ drive to EDSA’s extensive bus and railway network.  

Over the years, DataLand properties have become popular for their quality projects. The developer commits to using high-quality building materials and turning over fully-furnished units. Speaking of units, both towers of The Olive Place offer various unit configurations that fit single occupants and small families. Tower 1 (51 floors) features regular studio units with an average floor space of 24.32 sqm, premiere studio units (also called Junior one-bedroom at 26.53 sqm, and two-bedroom units measuring 69.47 sqm.

Meanwhile, Tower 2 (49 floors) offers studio unit configurations measuring 24.32, 26.54sqm, or 26.73sqm. It also offers one-bedroom units at 39.87 sqm and one-bedroom with balcony options measuring 37.52 sqm and 39.17 sqm. Finally, Tower 2 also offers a two-bedroom with a balcony configuration at 76.74 sqm. Considering that investment condo prices in Metro Manila are hitting an average of P225 thousand per sqm, you’ll find unit prices for The Olive Place significantly lower than market rates. Unit costs range between P4.042 million for studio units to P12.95 million for a two-bedroom option. 

Things to Consider

Homebuyers wanting to move in immediately would automatically prefer buying properties that are ready for occupancy (RFO). On the other hand, those who want an investment condo will prefer pre-selling units with below-market value prices. The good thing about The Olive Place is that it has both options available. Completed in 2020, Tower 1 offers 100% RFO units ready to welcome their new owners. Meanwhile, Tower 2 is in the midst of construction and has committed its turnover in 2025. 

As both a residential and investment condo, The Olive Place’s shared amenities provide added pleasure for its dwellers. Sports and fitness enthusiasts will spend hours in the swimming pools, gym, sauna, jacuzzi, and yoga deck. Those who prefer to have solitary walks can find solace in the meditation garden and landscape area. Meanwhile, those who prefer the company of like-minded residents can hang out in the social hall, the game room, and the library. 

The Olive Place is the Residential and Investment Condo We All Live To Love

Looking to get your stake in an investment condo like The Olive Place? You can find all the details of this condominium and many others by visiting Ohmyhome Philippines, the country’s premier property tech platform. Instead of spending too much time jumping from one developer website to another, you can get faster results by searching for your dream property at Ohmyhome. Use the search tool to filter results based on your preferences for property type, location, budget, and turnover date. 

What’s more, having an Ohmyhome account gives you access to our network of real estate professionals and customer service staff. They can make recommendations, help you avail of great financing options, and assist you with documentary requirements. Our team can also help you unload your idle properties that you wish to rent out or sell outright.    

Acquiring your dream home is but a few clicks away! Sign up now for a free Ohmyhome account and enjoy a hassle-free Ohmyhome experience using your computer or smart device!  

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