Crosswinds Tagaytay

The place is idyllic. Pine trees hug the mountainside. A calming quiet blankets the area. Cool crisp air braces and refreshes. Along gently sloped roads, Swiss chalets seem to welcome you. It is a picturesque scene straight out of a European travelogue. This is Crosswinds. A quiet place where only the rustling of leaves against the wind can be heard. Where the scent of pine refreshes and relaxes. Where you can have a taste of the great life—the Swiss life—right in nearby Tagaytay.

PROFILE

      

Crosswinds is a 70 hectare Swiss Inspired Community. The name was inspired by the continuous interweaving of the winds from Tagaytay and Laguna de Bay.   CrossWinds, named after the wind currents converging from different directions above the exclusive retreat, is one of the ongoing projects of Brittany, a pioneer in envisioning and developing themed, masterplanned, high-end residential communities for the discriminating few with well-defined tastes who have the means to pursue the lifestyles they desire. The ambiance of CrossWinds, with its numerous pine trees and meticulously designed Swiss-themed architecture, is reminiscent of the Swiss countryside during summertime, with its rolling terrain, green environment and mild temperatures offering relief from urban aggravations.       LOCATION               Crosswinds is a prime development located along Brgy. Iruhin, Central Calamba Road, TagaytayCity. It is only less than 5 minutes away north of the popular landmark. Tagaytay Picnic Grove. It is about 7 minutes away west of the Tagaytay Rotunda where close proximity to the most popular restaurants, activity areas, hotels and casino make it a prime buy.     HISTORY   v     1996 – Official Launching of Crosswinds v     2001 – Cedar Brooks v     August 2003 – Swiss Quadrille I v     March 2004 – Swiss Quadrill2 II v     January 2005 – Grand Quartier Tower I v     March 2005 – Pine Grove Phase I v     June 2005 – Swiss Quadrille III (Pine Grove) v     March 2006 – Deux Pointe v     June 2006 – Grand Quartier Tower II v     October 2006 – Pine Grove Phase II v     January 2007 – Single Detached Units at Pine Grove   SWISS ARTISTRY   v     Master Planner by SC & A Architects and Planners v     Architectural Designs by Recio + Casas v     Site Development Engineering and Design by TCGI Engineers     PRODUCT LINES v     Custom Home Sites / Lot only                                    Peak View & Cedar Brooks – custom home sites to build your future chalets on lot sizes ranges from 450 to 1,000 sq.m.   Pine Grove – custom home sites which offers prime lots where you can build your own Swiss chalets. It is located on one of the most private and exclusive area of Crosswinds property. It is conveniently close to the amenities and major access points. Following the natural contour of the land, Pine Grove offers home designs that make optimal use of the enclave's different orientations be it uphill, downhill or side slope. Phase I lot sizes ranges from 400 – 600 sq.m. Phase II lot sizes ranges from 225 to 374 sq.m.   v     House & Lot Packages Swiss Quadrille (Multi-family Home) Floor Area : 133 sqm / 1431 sq ft Lot Area    : 211 sqm / 2270 sq ft                  2 Bedrooms (3 Bedroooms also available) 2 Bathrooms Powder Room                            Maid's Room Balcony & Terrace Attic    1 Carport Swiss Quadrille– has three (3) enclaves of quad units built on wide lots following the natural contours of Crosswinds' hills. Offers 2-bedroom units with provision for attic. 2 bedroom package ranges from P7 million to P8.5 million.   Duetto Tresor 152 (Duplex Home) Floor Area :152 sqm / 1635 sq ft Lot Area   : 100 sqm / 1076 sq ft Features:                  2 Bedrooms 2 Bathrooms Powder Room                            Maid's Room Balcony 2 Car Garage Duetto Primo 208 (DuplexHome) Floor Area : 208 sqm / 2238 sq ft Lot Area   : 110 sqm / 1183 sq ft Features:                  3 Bedrooms 3 Bathrooms Powder Room                            Maid's Room Balcony Attic    2 Car Garage Deux Pointe– duetto series situated on the highest and most prime location in Crosswinds. It is the only high peak property still available in Tagaytay today. A choice of spacious 2-bedroom(Duetto Tresor), 3-bedroom (Duetto Primo), and 4-bedroom (Gran Duetto) homes. With only 28 units available, Deux Pointe offers the luxury of privacy and exclusivity. Packages ranges from P8.5 million to P12 million.      Model 160 Downhill  (Downhill Slope) Floor Area : 155 sqm / 1667 sq ft Lot Area   : 225 sqm / 2421 sq ft                  3 Bedrooms 2 Bathrooms View Deck + Open Deck Porch Entertainment Hall  Provision for Carport                                                                           Model 155 Uphill  (Uphill Slope) Floor Area : 155 sqm / 1667 sq ft Lot Area   : 263 sqm / 2829 sq ft                  4 Bedrooms 3 Bathrooms Service Area Carport High Ceiling for living area      Model 165 Uphill  (Uphill Slope) Floor Area : 165 sqm / 1775 sq ft Lot Area   : 248 sqm / 2668 sq ft                  3 Bedrooms 2 Bathrooms Balcony &  Deck Porch  Provision for Carport     Model 165 Side Slope  (Side Slope) Floor Area : 165 sqm / 1775 sq ft Lot Area   : 248 sqm / 2668 sq ft                  3 Bedrooms 3 Bathrooms Family Room / Entertainment Room Porch    Pine Grove Single-Detached Homes Ø      Single-detached homes construction cost is Php 40,000/sq.m.   v     Condominium   Grand Quartier Tower I & II – Crosswinds' upscale mid-rise condominium which offers enhanced studio units, 1-bedroom, 2-bedroom and 3-bedroom residences that affords the luxury of Swiss living for those who worked for great life. The intelligently spaced, Swiss-inspired units provide a grand view of the surrounding crosswinds expanse. Package starts at P2.8 million. The Perks of a Great Life An immaculate reconstruction of Switzerland's famous Alpine villages, Crosswinds is perfectly nestled at an altitude of 2,500 feet above sea level and an average temperature of 22.7°C. Traipsing the confines of Crosswinds, one can marvel at the rolling hills of lush greenery and the scent of over 8,000 pine trees. Complementing the hills and the pines is the lulling sound of leaves rustling softly against the wind's breeze. Life in Crosswinds is made even greater by a host of luxurious amenities that match the way you live. Amenities are designed to blend with the cool, quiet, natural environment while simultaneously allowing for activities that help you enjoy the perks of a great life                                                  v     Swimming Pool  v View Deck   v Pocket Parks   v GourmetVillage SITE DEVELOPMENT PLAN        PREMIUM UTILITIES v     Underground utilities for cable, power and communication. v     Deep wells and water reservoir for round the clock water supply v     Professional Property Management Team   SECURITY v     Minimum of 2 security guards per gate v     Round the clock roaming security v     Security Outpost along perimeter line     SELLING POINTS   v     Prime Location (Cold Weather) v     Distinctive Theme/Concept/Architectural Design v     Product Lines v     Reputation of the Developer v     8,000 to 10,000 Imported Pine Trees v     The GourmetVillage(Quaint restaurant and specialty shops) v     Reliable Security Personnel and Procedures v     High Return of Investment (ROI) - 10% per annum

Do's and don'ts for first-time condo buyers

Source: Business Mirror
July 2, 2007
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Dreaming of buying that condominium in the heart of the country's two fastest-growing business centers?

First-time condominium buyers, especially balikbayans or migrant workers, usually find themselves in a quandary when confronted with opportunities to purchase "vertical" property as opposed to the run-of-the-mill horizontal property, or a house and lot.

To help balikbayans and migrant workers in choosing the right condominium, Cynthia Palad-Yap..., bares nine tips—which she readily shares with clients—on how to buy a condominium in the Philippines.

Location

"When it comes to buying a condominium or any other real property, location is key. You should ask yourself, 'Is it near major thoroughfares? Is the condo located in a quiet area and yet accessible to commercial areas, schools and hospitals?'" Palad-Yap says.

If the buyer is a balikbayan or migrant worker, the most important question may be, "How many minutes is the condominium from the airport," she adds.

Palad-Yap, however, is partial to Fort Bonifacio, which she points out is "a very good location."

"It's only 30 minutes from the Ninoy Aquino International Airport and is practically close to major locations like Makati, Pasig, Mandaluyong, Quezon City, Manila, Antipolo, and Alabang. Fort Bonifacio is right in the middle of everything," she says.

'Mastaplan'

Every good condominium has a masterplan that details correct zoning and strict adherence to laws. Palad-Yap says she advocates not only the preparation of a good masterplan for any condominium building but also convincing buyers to take an active interest in the plan.

"A good masterplan incorporates several factors like zoning, floor area density, security and traffic management, designation of area for open spaces, parks and landscaping, and reliable utilities," Palad-Yap shares.

She says one way to determine the "soundness" of the plan, buyers should try imagining in their mind's eye how the place will look like five to 10 years from the time the condominium was bought.

Again, Palad-Yap tells buyers that Fort Bonifacio, or better known as Global City, has a good masterplan, pointing out that the sprawling former military camp is "world class."

Reviewing the track record of the developer, builder, or project manager also plays a big part in determining what condominium a buyer should go for.

"Ask the developer whether the project was finished on time or delivered exactly as they promised," Palad-Yap says.

Turnover date

Knowing when the condominiums were actually turned over to their respective owners is also very important, Palad-Yap shares.

"Why invest in a condo that will take forever to be turned over? Remember that the reason you, the buyer, is investing in a condominium is because you and your family are looking forward to using it immediately," she says.

"The typical balikbayan will like to have a place of their own when they visit the Philippines, while other investors like to lease out their condos for rental income. The point is you are buying a condo because you like to get the benefits at a shorter waiting time," she adds.

Building density

The model unit may look off the charts but remember that it is just that—a model. There are a lot more factors to consider than simply getting a superficial taste of the condominium by viewing brochures and other walkthroughs.

"Far from it," Palad-Yap assures. "You should consider not only the aesthetics but also factors such as the number of units per floor of the building, the total number of floors, and the number of—functional—elevators or stairwells."

"Simply put, the density of the building will determine the number of tenants. This will impact greatly on foot traffic, elevator waiting time, and privacy," she adds.

Unit type

An often-neglected factor in choosing a condominium is whether to buy a flat or a bi-level or loft unit. Why is it so important? Because it will determine the amount of living space.

A flat is the more common type of condominium where all bedrooms, the living room, dining room, and toilet and baths are located on a single level. A bi-level or loft, on the other hand, has a staircase that leads to a loft or second floor where the bedrooms—and sometimes a bathroom—are located.

"Selecting a flat unit versus a bi-level or loft unit is very subjective because it really depends on the tastes and preferences of the client. As a real estate broker, I'd like to point out several areas for consideration," Palad-Yap says.

"The Philippines is a tropical country, and during summer it gets really hot, especially in a condominium unit. Most condos use glass for aesthetic purposes and loft-type units have large glass windows covering the entire length of the exterior wall, from floor to ceiling, meaning higher exposure to sunshine," she adds.

Palad-Yap's point is, loft or bi-level type condominiums get hot faster because of higher exposure to sunlight.

"Obviously, the loft-type units require more air-conditioning and, therefore, higher electricity costs. But if you still like to get a loft-type unit similar to the ones we see in Manhattan, New York City, then go for it but be prepared to invest in a good air-conditioning system," she explains.

Palad-Yap says other factors to consider are small children and old persons who will co-inhabit the condominium. "A flat unit will be more appropriate if there are small children and elderly folk."

Property management

Buy condos from property developers that have the appreciation of property values at the top of their minds, Palad-Yap says.

How do you determine this without baiting the property developer with sugarcoated words dripping with sarcasm?

"Good property management will be reflected through efficient maintenance and security of the condos common areas, like the lobby and hallways, efficient garbage collection, and proper maintenance of amenities like the swimming pool, gym, and function rooms," Palad-Yap says.

In the same vein, Palad-Yap says, it is also important to know beforehand how much the association dues are. Generally, condominiums with more open spaces and amenities have higher dues.

Hidden costs

When you purchase a condominium unit, there are other costs that should be considered, Palad-Yap points out.

"The projected condo or association dues, the value-added tax, and the closing costs that covers registration fees, transfer taxes, and documentary stamp taxes. Some developers require immediate payment while others give you a leeway of about a month," she says.

There is also the matter of projected property taxes for the unit, Palad-Yap adds. "The actual property tax can only be determined when the condo is ready for occupancy. The city or town assessor's office will make an actual assessment of the value of the property that will form the basis for the taxes. Property tax is usually 1.5 percent of the assessed value," she says.

Reputation

Palad-Yap says the most important factor to consider in buying a condominium is the reputation of the broker that is selling the unit.

"The licensed real estate broker is your link to the developer or builder. He or she can give you a thorough background of different condominium developments, emphasizing the condos strengths and weaknesses," she says.

"A knowledgeable broker can assist you in coming up with a 'shortlist' of condos based on your needs and preferences. He or she can help with the sales and negotiation process, and provide you with good after-sales service."
 

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This article "Do's and don'ts for first-time condo buyers" appeared in the July 2 online edition of Business Mirror, a Philippine-based newspaper which focuses on Economics and Business News.