Project Review : Mount Carmel Village in Antipolo City

For the last two months, I have been brokering repossessed  townhouses. A lot of prospective buyers are interested in them because of their bargain prices. The townhouses with a floor area of 64 sqm. were priced  for only P900k( more or less ) and newly renovated / repainted. Really a bargain, considering that they are located in a good part of Antipolo City (near Assumption ).

But the problem is, there are only a limited number of houses that are repossessed with a bargain price. Almost all house for sale inventory are brand new and quite out of the budget of  most buyers. 

Construction updated picture January 2013 :
Roofing and walling of the condominium has started

I  checked a new development  in Antipolo last week. (The development though is not  horizontal but vertical, which means it's not a townhouse nor a single detached house but a condominium). I was surprised by the project's location and pricing. I didn't know that there is still a big parcel of land at the city center of Antipolo. And the pricing : a studio unit with a floor area of 23.28 sqm is selling for only P769,177.00. The project is a mix development of 2 condominium buildings, several row of townhouses in a 1.2 hectares property located near the Antipolo Cathedral. Tentative delivery date : June 2013. Comment:  Price-wise it's a good project. A good project to invest in.

Check the pictures  I took at the construction site. ( see above )

For inquiries and more info please check this site :
http://www.sulit.com.ph/index.php/view+classifieds/id/4319718/recent/1/CONDO+FOR+SALE+at+MT.+CARMEL+VILLAGE+ANTIPOLO+CITY+%3A++Studio+P769K