Sobrang dame ng condos ngayon sa Pinas and more to be turned over in 2-3 to years time. An investors valid concern
is will my property be able to rent out? Etong condormitel concept parang bedspacers o backpacker ang rental. Mas madame middle class sa aten and mas madame students which every year hinde nauubusan. The concept is basically
the same as shampoo sachet (tingi) which is mas mabenta kesa
sa bottled one. Same goes with pre-paid loads. Sa Pinas lang tingi2x pa din ang load. The units can be managed under a property management so this will be a hassle free investment, all an investor
needs to do later is to collect rental income. Feasibility:
For every investment there is always risk but good investors study the risks first not buy based on intuition or speculation. This project has undergone feasibility study. Example 360,000 students in the area (excluding workers). 2% of 360,000 is 7200 which is more than the number of bedspacers that the project can accommodate. Granted na meron competition that is why in feasibility study only 2% is only allocated. Advantages over other rental properties:
1) Students/Workers looking for decent stay at affordable price
2) Decent place where Students/Workers will no longer concern producing appliances furnitures etc
3) Students/Workers need NOT to look for roommates just to get a decent place
4) Students/Workers need NOT to worry that their rental will increase if one of the roommates goes away
5) Dedicated Property Management Team that will handle the Condormitel operations making the business hassle free
6) Property is walking distance from Major Schools in the University Belt (Savings on fares)
7) Wifi on All Floors for all Tenants (Savings on internet access on mobile devices)
8) Security cards for Tenants Only thereby units are accessible exclusively for tenants
9) Ground level is Mall making everything almost accessible to tenants
10) At towering 38th floor in the area the building will be an icon and an instant advertisement. Our Space Ubelt is located at the heart of Manila's university belt giving you 380,000 students within the vicinity. We know for a fact that Manila has an unending "demand" when it comes to safe temporary shelter for the students. What's good about our project is that we are offering "condormitel" units (condo unit + dorm type leasing + hotel like amenities). We are much more affordable than condo units since our prospect tenant can lease a bed space (not the whole condo unit itself) and at the same time, we are much more safer than old dormitory facilities in Manila offering common bathroom and no amenities.