From BFFs to real estate investment partners

How SMDC’s Fame Residences provides good business opportunities for young millennials

It started with the idea of investing in a condominium unit. But little did these three friends know that a business opportunity began to take shape in this investment.

 “We’ve been friends for such a long time. We all share the same interests, may it be in food, drinks, or hobbies. I guess this is why the three of us click, as we have the same preferences,” said Llano, who works as a Programmer.

The three friends then searched for a good investment. Fortunately, a friend offered them an SMDC unit, and the next thing they knew, they were already co-owners of the property.

“The timing was great,” they shared. “We were looking for a viable investment. Good thing, a friend offered us a unit here at Fame Residences. So, we immediately grabbed the opportunity!”

The three friends-turned-business partners loved the unit at first sight. For one, SMDC’s Fame Residences is in a prime location. Strategically located in Central EDSA, the development offers convenience and so much more. It also provides easy access to nearby malls such as Shangri-La Plaza Mall and SM Megamall, and even gives its residents their very own commercial complex that houses an SM SaveMore, BDO, restaurants and cozy cafes.

The close friends decided to lease out their unit. “A lot of people are into staycations these days, because it’s a quick and hassle-free escape. And Fame Residences is exactly what staycationers are looking for—a homey vibe with luxury in mind” said Rivera.

The group shared that most of their renters are foreign friends visiting the country, and locals who are looking for weekend staycations. So far, their rental business generates an average of P45,000 per month, bringing a sense of fulfillment to the business partners.

“We now see that owning a unit at SMDC is such a viable investment, as we are able to rent it out and earn from it. We also get to enjoy the increase in value of this property,” said Llano.

Asked if they want to invest again, the group answered with a resounding yes. “Having an SMDC unit as a rental space has provided us an additional source of income. The rental business is booming and if you’re not considering it, you are missing out on a great opportunity,” Sajorda furthered.

There’s no better time to invest in a property, the group noted, and SMDC’s Fame Residences should be on top of any investor’s list primarily because of its location, and the convenience it provides to unit owners and renters.

To know more about SMDC, Fame Residences and its other developments, log on to www.smdc.com or visit its official social media accounts.

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The article was originally published in Manila Bulletin.

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