The Rise Makati by Shang Properties

A new living concept now rising at the heart of NOMA (the North Makati District), Shang Properties launches its first affordable project for young professionals.

Branding. The Rise Makati is the newest project brought to you by Shang Properties Inc., an affiliate of Shangri-La Hotels and Resorts, and Kerry Properties Limited, one of Hong Kong's largest property investment and development  companies known for its premier residential and commercial projects in Asia.

Quality. The Rise Makati's 59-storey vertical development gives you world class modern architecture and interior design combined with Shang Properties' signature build quality that creates one-of-a-kind residential and retail complexes. It sets itself apart from the rest with an innovative approach to city living and an entirely unique amenities concept.

Location. The Rise Makati is conveniently located just north of Ayala Avenue and within walking distance from the Makati Central Business District.

Affordability. The Rise Makati is strategically priced lower than the current market value of the neighboring developments. Quality doesn't have to be expensive.

DETAILS
Mixed-use development:
Residential: 1 tower of 59 storeys with 3 wings (North Wing, West Wing and East Wing)
Commercial: 2 levels of Shangri-la Mall with 51 retail shops, restaurants, and service providers
Turnover: 2018
Parking: 3 basement levels

UNITS
Studio: 25 sqm, Php 2.2M, starts at Php 10k/mo
1BR: 26-29 sqm, Php 2.8-3M, starts at Php 12k/mo
2BR w/balcony: 68-75 sqm, Php 7.5-8.5M, starts at Php 30k/mo

The 1 bedroom units are ideal for one, but are also ample enough for two with extra space for storage. The 1 bedroom units are located on all floors from the 6th to 63rd level. The limited 1 bedroom units with balcony are located from the 6th to the 22nd level.

The 2 bedroom units are spacious enough for a young couple starting a family. They are located at the core and at the corner of the towers from the 6th to the 63rd level. They come with a balcony and a small utility area ideal to be converted into a storage room, nursery room, study room, or maid's room.

PAYMENT TERMS
Php 50,000 reservation fee
48 months to pay at 0% interest

Cash: 12% discount
10% downpayment, 40% in 48 months, 50% balance
10% downpayment, 20% in 41 months, 70% balance
10% downpayment, 90% in 48 months: 4% discount
20% downpayment, 80% in 48 months: 5% discount
20% downpayment, 20% in 48 months, 60% balance
20% in 3 months, 30% in 36 months, 50% balance: 3% discount
50% downpayment, 50% in 48 months: 8% discount
 
SAMPLE COMPUTATION
Unit type: 1 bedroom w/ balcony
Unit Price: Php 2,760,000
Reservation Fee: Php 50,000
20% downpayment: Php 502,000
20% downpayment payable in 48 months: Php 11,500/month (0% interest)
60% balance: Php 1,656,000 (pay in lump sum or through bank financing)

Limited inventory!