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Beacon Tower, a new Benchmark for Makati


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The Beacon "Resort" a new Benchmark for Makati

 

3.jpg

 

This popular project consists of three Towers, and is on the edge of the prime area of Makati just South of Amorsolo, and a short 6 minute (or so) walk from Greenbelt mall.

LePr2uf.jpg

 

Three Towers at Beacon. From Left to Right, is #3, #2, and #1

 

Tower Name : Floors : Units*: completion : St. : 1 BR : 2 Br : 3 Br :

1- Roces---- : 44 st. : 600 :

2- Arnais---- : 48 st. : 800 :

3- Amorsolo : 44 st. : 600 : 2nd Q.2017 :

========== 2,000 units

* approx. - and many studios have been sold as paired "combined units" : 2X 21 sqm

Company website: http://thebeacon.com.ph

 

The project is known for its first classes amenities, including : xx...

... The the popular deck at the top of Tower 2, with the commanding view of Makati and its surroundings

7t83GAc.jpg

 

Tower three will be handed over soon, and it will be interesting to see what happens to Rents in the area. The area remains popular, and so absorption of the new units should happen within a year of less, with some downwards pressure after keys are handed over

 

There's been some downwards pressure already - at Alveo Columns, where average rents have softened over the past two years or so from generallty P 1000-1100 psm, to perhaps P 900-1000. Having said that, particularly good decoration may fetch higher rents.

=====

> SSC thread on Beacon : http://www.skyscrapercity.com/showthread.php?t=516233

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Video and Map- The Beacon, Makati

 

Published on Oct 1, 2012

Welcome to the most refreshing Makati ever.

It has been branded as "the residential resort in Makati"

 

locationmap.jpg

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Tower 3 is scheduled for turnover any time now (April?)

 

Nevertheless there are still some units left - although all the studios have been sold.

 

NEW FLATS - available through GeoCities

 

Typical Units - and prices follow

(this is AFTER a cash discount of 6%, and BEFORE Misc. expenses of about XX%)

 

Type---------------- : floor : ( Size ) ---------- : Cash price : Per sqm : incl. balcony

Combined Studios 39th : ( 2x21 =42 sqm): P 5.299 Mn : P 126.2k :
Executive 1 BR---- 23rd : (43+10.5= 53.5 ): P 5.374 Mn : P 125.0k : P 100.4k
2 BR Corner units- ??? : ( 48 sqm): "abt.7million" "146k" (incl. 1 parking space)

 

The normal 2BR units are sold out, but "there may be reopen units available in April"

There is also talk of an April price rise

 

That 2BR unit looks expensive, but if you take off P1mn for the Parking, it comes to P125k psm

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Some Rental offers on OLX

/Sqm : Rental-assoc : Size- : Type/ comment-------
P 846- : P22,000 incl : 26sqm : F.Furn - fr. "Bella"
P 857- : P18,000 incl : 21m?? : F.Furn - sunset side
x XXX : P22,000 incl : 21m?? : Furn. studio
P 857- : P18,000 incl : 21m?? : Furn. studio
P 761- : P16,000 incl : 21m?? : Bare

P 727- : P16,000 incl : 22m?? : Bare, 14k + 2k assoc. fees
x XXX- : P20,000 incl : 21m?? : Corner Studio, 34th fl / Rent or Sale
P 786- : P33,000 incl : 42sqm : Furn. - 38th fl.
===
> https://www.olx.ph/item/condo-unit-for-rent-at-beacon-makati-ID7Oq5V.html?h=e2c2cb406b

 

Estimated Gross Yield

===

P850 x 12 = P10.k psm / (P125k + 8k for furniture = P133k psm) = 7.66%

 

For Sale (OLX):

Unit 3820 Tower 1 The Beacon - at P 2.6 million / xxx sqm = (confusion: may be 21st fl.) 25 March 2017
32nd Floor Studio, 27 sq m's - at P 3.00 million / 111k sqm., "facing sunrise"
35th Floor Studio, 21 sq m's - at P 2.79 million / 133k sqm,, unit 11, facing Makati skyline

37th Floor Exec 1Br, 42 sqm - at P 5.65 million / 135k sqm., Twr.1, facing sunset

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  • 2 months later...

The impending turnover of Tower 3 seems to be pushing some bargains out in the secondary market

 

Floorplan

amorsolo_1BR%2BStandard%2BB%2Blayout%2Ba

 

Balcony (green) : units #14, 15 are said to be; 43 sqm + 11.5 sqm balcony = 54.5 sqm

Combined (blue) : #2+3, 10+11, 17+18, 19+20, 25+26 / size is: 21sqm+21sqm = 42 sqm

 

Unit: 42 sqm

listing_1496823266_5125_2940.jpg

1 BR: Selling Price ₱ 4,500,000 / Area 42 Sqm = P107k psm : 36th floor

 

If rented for 750 psm. the gross yield is: 8.4%

 

The-Beacon_Amorsolo-Bedroom-Combined-B.j

 

This condominium is near:
Malls
  • Walter Mart Makati - 0.12 km
  • Yamazaki - 0.18 km
  • Little Tokyo - 0.19 km
  • Cyotto Stop - 0.20 km
  • Legazpi sunday market - 0.42 km
Restaurants
  • Amici - 0.08 km
  • Yellow Cab - 0.09 km
  • Sinangag Express S.EX - 0.11 km
  • Cartier Music Lounge - 0.15 km
Schools
  • Microcadd Institute Makati - 0.22 km
  • Don Bosco Technical Institute - 0.23 km
  • Asian Institute of Management - 0.48 km
  • Makati Medical Center College - 0.50 km
  • Gen. Pio del Pilar Elementary School 1 - 0.53 km
Hospitals
  • Aventus - 0.67 km
  • Bangkal Health Center - 0.75 km
  • Makati Medical Center - 0.82 km
  • Tokyo Healthlink - 0.96 km
  • Comprehensive Pulmonary Clinic - 1.04 km
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  • 2 months later...

Amorsolo Tower (Tower 3) should open for occupancy soon.

 

Many of these flats will have an excellent view

 

9XqxkXC.jpg

Tower 3 looks towards Alveo Columns, the view in either side should be excellent

 

Compare Beacon, with Alveo's The Columns Legaspi - height, number of flats, etc

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089owe8.jpg

Amorsolo Tower is 158m / 44 fl = 3.59m per floor

 

Compare:

The Columns, Legazpi is across Amorsolo St.: A: 150 / 41lf : B: 150 / 41lf = 3.66m

 

TRAG, The Residences of Greenbelt, Laguna Tower: 170.75m / 48 fl = 3.56m

 

Typical Flat sizes:

hJIex5t.jpg

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