THERE is a popular notion that investing
in a high-end condominium will be led by speculative buyers. However, Bays water
Realty wants to implement a paradigm shift through its 27 Annapolis project in
Green hills.
“We want to make sure that we will
develop the building’s synergy with the needs of a growing family,” said Andie
Ngan, chief executive officer of Bays water Realty, in a recent interview for
the Property section of the Business Mirror.
With speculative buyers dominating the
landscape, Ngan noted a project could not possibly build a true community
because owners will just lease their units to interested parties. As a result,
Ngan said the project becomes a ghost town because it is only the investors who
often go to the project.
Moving forward, Ngan said Bays water's
vision is to develop “a rich variety of quality projects, which evoke memorable
experiences of the past and promises of a bright future.” The company will
emphasize values that will provide them a healthy environment and enable them
to reach their full potential.
The units in of 27 Annapolis will have a
price of P135, 000 per square meter. Ngan said 30 percent of the units have
been sold out. The studio units have emerged as the most popular among the
buyers. The 45-story project will have a total of 190 units. 27 Annapolis
offers first-class amenities for its residents, including a grand lobby; three
high-speed elevators with key-card access; driver’s lounge; 100-percent power
backup generator; Professional property-management team; closed-circuit television
in major security areas; fire-alarm systems; pressurized fire-escape stairs;
garbage pick-up on residential floors; Exhaust systems in the kitchen and bath
centralized mail room; underground cistern water tank; water reserve tank;
double-glazed floor-to-ceiling windows; and sunlight and airway access from
every room.

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