The Gramercy Residences Outlines
Brand new condominiums where many local celebrities live
|Property information in 1 minute|
|Property Name||The Gramercy Residences|
|Assumed Rent||Studio type(30 Sqm) 30,000pesos~|
|Number of Floors||73 floors|
Gramercy Residences is the first condominium built in the Century City development project. It is known as a condominium where local celebrities and dignitaries live, and has the highest level of security of all the condominiums in the neighborhood. It has a hotel-like atmosphere and service that makes it feel like a high-grade condominium.
Location of The Gramercy Residences
Address: 71 Salamanca, Makati, Kalakhang Maynila, Philippines
Area Info: Located in Century City within Poblacion. Century City is an entire city that has been redeveloped into Century Properties, where everything related to life is available within a 600-meter radius.
Surroundings: 1 minute walk to Century Mall, an upscale mall opened in 2014 (directly next to the condo.) . Supermarket, movie theater, restaurants, you can go. Also, right next to Century City, there is a nightlife district called “Poblachon’s Drinking District”, Makati 1, where you can enjoy a variety of nightlife.
The city itself is small and densely populated with all kinds of stores, so you can choose from many options, from Japanese convenience stores to Chinese convenience stores (individual stores), depending on your mood that day.
The Gramercy Residences Amenities
24-hour manned management, lobby, infinity pool, gym, steam sauna, housekeeping, lockers, meeting rooms, parking, elevator, package delivery service
One dedicated storage space is provided for each room along the hallway in front of the elevator.
The Gramercy Residences’s special features
- High-floor infinity pool: “The Gramercy Sundeck” is located on the upper floors of the condominium and offers a spectacular view of the entire city.
- Slightly older residents: The majority of residents are in their late 30s or older, and the atmosphere of the residents is very relaxed.
Between The Gramercy Residences
- Hotel-like services: For a fee, you can ask for services such as room and balcony cleaning, sofa cleaning, and car washing from your room.
- Celebrity condominiums: Famous local names such as “who’s who” live there.
The only condominiums that offer this level of housekeeping service are those affiliated with luxury hotels, which is very rare for a pure condominium.
The Gramercy Residences Reviews
Gramercy Residences is a mega condominium with overwhelming name recognition.
As the first project undertaken in the redevelopment, the condominium’s 73-story high-rise design, hotel-like lobby, strong security, and amenities are a glimpse of Century Property’s efforts.
Capgain (gain on sale): The price of Gramercy Residences is expected to remain stable despite its age, and the demand for the property itself is expected to increase as the population of Century City, where the condominium is located, grows.
Income Gain (Rental Income): Rental prices are not that high, starting at 30,000 pesos for a Studio type 30 square meters, but the condominium is considered a coveted condominium in the local area and has name value. Compared to neighboring properties, it is very easy to get a lease. Although the building is more than 9 years old, the rental rate is firm.
The property is recommended for first-time buyers of Philippine real estate due to its cost-effective price, not too old age, and brand power.