SM Residences - as investment?

**ghosthunter** · January 1st, 2013 09:39 PM

I would like to ask some unsolicited advise regarding putting some money into purchasing a unit at SM Residences, like the SM LIGHT Residences.

Do you think its a good investment or will I just be wasting my money?

LINK: Light Residences Price | SM Light Residences

Prices are affordable so it kind occurred to me.

**crazy_boy** · January 1st, 2013 10:04 PM

Maganda location niya. Pagbaba mo kasi mrt na. Mahal na price ngayon. Nabili ng boss ko sa kanya around 63k per sqm. That was in 2009. And never babahain yung location na yan. 15 mins away from rockwell. Between makati and ortigas pa siya.

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**jigs_xix** · January 1st, 2013 10:39 PM

Nakabili ako sa Makati Jazz Residences (also with SMDC) around 70K per sqm in 2010. Now, na on-going pa yung construction, the price is around 90K per sqm. I could say good investment if I chose to sell or lease it to a small time expat.

Boss GH, baka makatulong ang thread na to on your decision. Di ko alam kung magkano na ang bentahan sa Light ngayon especially that another competitor is on the rise, sa tabi lang mismo.
MANDALUYONG | Light Residences [40F|res] - SkyscraperCity

**crazy_boy** · January 1st, 2013 10:51 PM

Yung lot ng sm jazz, part ba ng cemetery yung dati? If im not mistaken, papatayuan daw ng crematory sa harap nun

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**R.Paul** · January 1st, 2013 11:06 PM

hayzz bushet yang ginagawang SM jazz sa makati. napapatakan ng pintura ung kotse kasi katabi lang niya pinapasukan ko

Sorry OT

**jigs_xix** · January 1st, 2013 11:20 PM

^hindi po sir crazy_boy, walang part ng cemetery. Ang nabili lang ng SM for Jazz ay yung PLDT property, katabi ng SPI (call center?) at tapat ng Mapua.

**Altis6453** · January 1st, 2013 11:26 PM

Originally Posted by ghosthunter

I would like to ask some unsolicited advise regarding putting some money into purchasing a unit at SM Residences, like the SM LIGHT Residences.

Do you think its a good investment or will I just be wasting my money?

LINK: Light Residences Price | SM Light Residences

Prices are affordable so it kind occurred to me.

Depends if you're looking to lease it out or flip it right away.

The way SMDC puts out its residential projects, you might find it hard to compete with the newer buildings or units if you decide to sell.

If you're after passive income by leasing it out, just compute how much and how long before you ecover your investment.

**oliver1013** · January 2nd, 2013 09:12 AM

Mag avida centera ka nalang dude..kahit papano mas may peace of mind tayo sa ayala pag dating sa development...

**Retz** · January 2nd, 2013 09:17 AM

Maganda nga location ng Light Residences may mini grocery pa sa baba. If the price is favorable, why not?

**oliver1013** · January 2nd, 2013 09:21 AM

Magkakahelera yan sa stretch ng edsa, yan sm na yan, avida centera and a dmci project...iba iba features almost the same price range..at the end its the developer you trust and who best maintains their projects inthe long run ang labanan...just check their track records...