Bonifacio Global City (BGC) is a business and lifestyle district in the City of Taguig, Metro Manila. It’s home to the headquarters and branches of local and international companies, like Aspen Philippines, MEGA Philippines, Cisco, and Oracle. As such, it’s also a hotspot for condominium developments.
Established residential buildings in the area include Bonifacio Heights Condominiums, Avida Towers BGC 9th Avenue, Uptown Parksuites, and The Triton Towers. Despite BGC being a prestigious address, there are condos in the area for buyers on a budget.
An owner may put up a BGC condo for sale rush. This means they want to sell their property as soon as possible because they need the cash. Such listings may offer you, the buyer, various perks like discounted prices, fast transactions, and even freebies.
Even if the property you’re eyeing is on a rush sale, you should still take your time to read the listing before you reach out to the seller. It may also be helpful to consult a real estate agent about your purchase. They’ll provide expert opinions and observations about the property that you might not have noticed before. The agent can also negotiate with the seller on your behalf to get the best price possible.
When it comes to rush sales, there are a few things you should consider, such as:
The price of a BGC condo for sale rush depends on numerous elements, like the number of bedrooms and bathrooms, amenities, floor size, and furnishing.
The most affordable properties in this category start at around PhP 1,500,000. These are often one-bedroom condos with floor areas below 40 square meters, great for starter families and couples. Some rush sale condos can cost upwards of PhP 340,000,000. Such properties often have floor sizes that exceed 400 square meters and have four or more bedrooms. These condominiums may come with premium furnishing, as well.
You have various options when it comes to financing your condo purchase. Most buyers get a bank loan. This is a popular choice because it allows you to spread your payments throughout multiple years. Banks are also known to offer competitive interest rates. There’s also the Pag-IBIG Loan. It works pretty much the same as bank financing, letting you pay your balance in monthly installments. However, it provides various benefits, like fixed interest rates for payment schemes up to 30 years.