Century Spire Review for investors

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Century Spire Residences is the newest condominium in the Century City area, fully collaborated with the prestigious Italian fashion brand ARMANI. (*As of July 2023)

Location of Century Spire

Address: Century Spire, Century City, Kalayaan Ave, Makati, 1210 Metro Manila, Philippines

Area Info: Located in Century City within the Makati and Poblacion area. Century City is a 5-minute walk to restaurants, supermarkets, pharmacies, shopping, movie theaters, and everything else you need. Poblacion is Manila’s premier nightlife destination, offering a full range of restaurants, bars, clubs, and other nightlife options.

Surroundings: Century Medical Makati, a 24-hour general hospital, and Century Mall, a large luxury mall. The famous “P Burgos Street” with its clubs and many bars is only a 5-minute walk away. Supermarket “The Marketplace” is a 3-minute walk (international supermarket with Japanese food available).

Century Spire Amenities

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24-hour manned management, lobby, swimming pool, gym, juice bar, relaxation room, meeting rooms, parking, elevator, parcel delivery service

Security inside the building is rigid, with elevators requiring a card key to get to your floor. From the entrance to the inner corridors of the rooms, the atmosphere is reminiscent of a luxury hotel in New York.

Century Spire’s special features

• Armani design: The interior design was done by ARMANI CASA, the kitchen by ARMANI CASA, and the bathroom and toilet by ARMANI ROSA, all of which were designed by Armani.
• Office area: Separate residential and office areas in the same building. Separate entrances.
• New building: just built in 2022. Occupancy will start on October 26, 2022.

Between Century Spire

• Armani to the kitchen: Armani has created not only the common areas but also the kitchen system, lighting, wall materials, flooring, and ceilings, so you can feel the Armani aesthetic in every aspect of your room.
• All rooms have extensions: All rooms have extensions that go directly to the lobby, so that if you need something, you can call the staff right up to your room.
• Indoor pool on a high floor: While most condominiums have common areas on lower floors and outside pools, Century Spaiya’s pool is an indoor pool that can be used even on rainy days.

Property Reviews

It faithfully reproduces Armani’s concept of “understated luxury. The interior of the rooms are similar to those of new high-end tower condominiums in Japan, and in a good sense, they do not feel Philippine-like at all.

Capgain (gain on sale): The Armani brand, location, and the young age of the building make it a strong value-added and rare property, and since occupancy is scheduled to begin in October 2022, most of the properties currently for sale are newly built, with resale gains added to the pre-build price, so the absolute price is high and relatively high for the size of the building. high and relatively expensive for the size of the property.

Income Gain (Rental Income): When leased, tenants are expected to be mostly foreigners (mainly Chinese, Europeans, and Americans). As this is the newest property in Century City and there are no properties with a similar concept in Makati, the rent can be expected to be quite high. Also, since the residents are expected to be highly sensitive, it would be better to rent a semi-furnished apartment (with basic appliances only) rather than a fully furnished apartment (with all furnishings). When choosing a management company, you should choose a company with Chinese-speaking staff.