Coast Residences - SMDC Condo Homes For Sale Roxas Boulevard, Pasay City
Coast Residences is the newest SMDC Premier Development of condo homes for sale along Roxas Boulevard with hotel-inspired elegance and seagull-inspired façade, designed to capture your eyes up to 41 storeys high. The angles of its wings serve as the balcony of units, where you can enjoy breathtaking views, enhanced by harbor lights and dazzling city sights.
An amazing opportunity, call +63 917 512 5475 (Viber/Whatsapp/IMO/Skype) today for an appointment as this property is high in demand and will not be on the market for long.
Coast Residences – Project Brief
| Project Brief | Coast Residences |
| Location | Roxas Blvd. corner Dapitan St. Pasay City |
| Developer | SM Development Corporation (SMDC) |
| HLURB LTS No. | 31572 |
| Track Record | 37 yrs (since 1977) |
| Land Area | 5.6 Hectares |
| No. of Buildings | 1 |
| Floors per building | 41 per floor |
| No. of Units | ± 2,197 Total Units |
| Parking Areas | 2nd to 6th floor Ground floor |
| Unit Turn-over | Complete Finish |
| Unit Type Offered | Studio – 5m – up 1 Bedroom Unit w/ Den – 6.7m – 6.8m 2 Bedroom End Unit w/ Balcony – 18m – 22.5m |
| Completion Date | April 30, 2020 |
Top Reason To Invest in Coast Residences
1
Transportation
Coast Residences offers great convenience in terms of transportation options. Traveling is a breeze as there is easy access to public transit. Enjoying a premier location along Roxas Boulevard, it is right by major routes of public and private vehicles. Getting to and from Coast Residences is an experience in itself because of spectacular sights surrounding the development.
2
Business District
Wake up right in the middle of the bustling city surrounded by booming establishments. It is a short drive away from Manila and Makati Business Districts. Be in the center of economic and social points of the city and never feel left out.
3
World-Class Entertainment
Living in Coast Residences gives you the opportunity to live in an area rich in culture and history. Immerse yourself in world-class entertainment – visit a museum, catch a play, listen to opera. At the end of the day, take a walk by the boulevard and see for yourself the incomparable beauty of the Manila Bay sunset.
4
City Sights and Evening Attractions
Stroll through historic parks, cruise down the bay or dance the night away – the city’s possibilities are endless.
Coast Residences Unit Price Sample Computation
Important Reminder
- Prices may vary depending on the unit area, floor level and view.
- The product is sold per unit and not per sq.m.
- Prices and unit availability are subject to change without prior notice.
- Prices may have increased by the time you see our site, chat with us for an updated computation of your desired unit.
- Please note that this file does not constitute nor form part of any contract and is for information purposes only.
How to Pay - Coast Residences
You can pay the down payment or spot payment thru any of the following:
- Post dated Checks
- Auto Debit Arrangement
- Bills Payment
- Bank Remittance
While pay bank amortization thru:
- Auto Debit arrangement
- Post Dated checks
Choose from the following mode of payment:
- Spot Cash
- Deferred Payment
- Spread downpayment, balance payable in cash or loanable to Bank (for NON-RFO units only)
- Easy Payment Scheme – balance payable in cash or loanable to Bank (for NON-RFO units only)
Bank Financing Requirements
- INITIAL REQUIREMENTS WHEN RESERVING A UNIT
- Reservation Agreement (RA)
- Dully filled-out and signed Buyer’s Information Sheet (BIS).
- Signed Schedule of Payment (Computation Sheet)
- Reservation Fee (Choose one – Cash; Dated Check; Credit Card/Debit Card; Bills Payment or Proof of Remittance for International Sales)
ADDITIONAL REQUIREMENTS – Upon Reservation
- For Corporate Buyer – BIR 1903 / 2303 (Validated by BIR)
- For Foreign Buyers with balance which be paid thru bank financing – Waiver
- For Individual buyer with payment schemes of total payments within the year of sale – BIR 1904
- Spot Cash
- Spot Deferred Cash whose payment term forecasted to reach 25% of total payments within the year of sale.
- The Buyers TIN shall be validated to ensure that creditable Withholding Taxes (CWT) will be paid promptly and the account of the correct party.
Click here for complete information about Bank Financing Loan Requirements »
How to Buy - Coast Residences
- Inquire about the price, mode of payments and requirements
- Visit unit model at our showroom. Viewing assistance is free.
- Fill up forms and pay reservation fee
- Pay your down payment 30 days after reservation date.
- Prepare to submit required documents within specified time
- Loan Approval and take-out
- Unit Inspection
- Unit Turn-over
Coast Residences - Unit Floor Plan
Studio Unit
One Bedroom Unit
Family Suite A with Balcony
Family Suite B with Balcony
One Bedroom Unit W/ Den
Two Bedroom Family Suite B with Balcony
Two Bedroom Unit With Balcony
Coast Residences - Unit Materials & Finishes
Living & Dining
| Wall: | Painted Cement Finish |
| Floor: | Homogeneous Tiles |
| Main Door: | Wood Laminated Door with Lever Type Lockset |
Bedroom
| Wall: | Painted Cement Finish |
| Floor: | Homogeneous Tiles |
| Partition: | Sliding Glass on Laminated Frame (1-BR); Laminated Wood Door (2-BR) |
Balcony
| Wall: | Painted Cement Finish |
| Floor: | Ceramic Tiles |
Toilet & Bath
| Wall: | Wall Tiles and Painted Finish |
| Floor: | Ceramic Tiles |
| Door: | Laminated Wood Door with Cylinder Type Lockset |
Kitchen
| Wall: | Painted Cement Finish |
| Floor: | Homogeneous Tiles |
| Countertop: | Granite Finish |
| Kitchen Cabinet: | Laminated Wood Grain Finish |
Coast Residences Site Development Map
Amenities and Facilities in Coast Residences
- Adult pool
- Kiddie pool
- Lobby
- Lounge
- Sky lounge
- Function room
- Game room
- Children’s play area
- Jogging path
- Passenger Elevators for each of the 4 Buildings
- 24-hour Security
- Automatic Fire Detection and Alarm System
- Stand-by genset for common areas & selected residetial outlets
- Sufficient Fire Exits
- Centralized Cistern Tank
- Sewage treatment plant
- Provision for telephone & cable TV
Coast Residences – Location & Accessibility
Located along Roxas Blvd, Coast Residences is just few minutes’ drive to:
- LRT Buendia Station – 7mins/1.5km
- MRT Taft Station – 16mins/3.7km
- NAIA 1 Airport – 30mins/7.1km
- Bonifacio Global City, Taguig – 42mins/11.4km
Coast Residences is just walking distance to jeepney stop and taxi stand. It is highly accessible thru:
- Roxas Blvd Road
- Gil Puyat Avenue
- Diosdado Macapagal Road
- NAIA Expressway
Coast Residences – Facilities Nearby
Frequently Asked Questions
- What is the floor-to-floor height? – (+-) 3 meters
- What is the floor to ceiling height? – (+-) 2.4m – 2.7m
- How wide is the hallway? – (+-) 1.5 meters
- Is there discount for Spot or Full down payment? Discount range vary from 2% – 5% of the down payment depending on the location of the condominium project.
- Is there discount for Cash Term (full TCP) payment? Standard discount applicable to all condo projects:
- 5% – if located in Mall of Asia and Makati area
- 10% – if located outside Mall of Asia and Makati
- Can a residential unit be used for commercial purposes? – No, all residential units shall be used for residential purposes only.
- Is the balcony part of the residential area? (for applicable units) – Yes, the balcony forms part of the residential area. However, putting any unsightly fixtures (e.g. clothesline, cleaning materials, etc.) in the balcony that are visible from the exterior of the building is not allowed.
- Are walls between units soundproofed? – Yes, up to 40 decibels
- How many units can be combined? – A maximum of 5 adjacent units can be combined subject for approval.
- Are the tower/building interconnected? – Most of the buildings will be connected at their support level amenities
- How is the collection of garbage? – Each floor has garbage room available 7am to 7pm
- Are unit main doors facing each other along the hallways? – Yes
- How many parking slots can the buyer purchase? – 1 is to 1 and must be unit owner
- What are Accredited Banks of SMDC? – BDO, BPI, PNB, Chinabank, Union Bank, HSBC, PSBank, Security Bank, Robinsons bank
- Are the unit Perpetual Ownership? – For Filipino buyer, yes it’s Perpetual Ownership and has CCT/Title.
- Can foreigner allowed to buy? – Yes. 40% of the total units per project can be alloted to a foreign buyer as Perpetual Ownership.
- What if the 40% alloted to foreign buyer is sold-out? – They can still buy from the remaining 60% under ASSIGNMENT OF RIGHT TO USE (ARTU). This is no longer Perpetual Ownership so there’s no CCT/Title. It is leasehold with 50 years contract.
- Does ARTU have CCT and CTS? – None. Only Contract of Use but it has the same right like other owners since foreign buyer is assign as proxy/assignee by SMDC.
- Can ARTU transfer the Right of Use? – ARTU can only transfer the Rights of Use with the remaining unused term from 50 years.
- What is the advantage of ARTU? – It has 10% upfront discount on top of standard discounts.
- What are the payment terms of ARTU? – 1.) Deffered Cash ) Spot Cash 3.) Standard DP term but remaining balance is payable in cash
- Can buyer under ARTU apply a bank loan? It can’t be applied for bank loan because it has no Title (CCT).
- Can foreign buyer apply for a bank loan here in the Philippines? Yes, if unit is under perpetual ownership.
- What banks accept loan application from foreign buyer? Union Bank
- What are the requirements? Must have a Filipino Atty-in-Fact (SPA) plus basic requirements. If buyer is a holder of Resident Visa, no SPA is required.
- What are the fees to pay when transferring unit? Transfer fee, CCT Title Transfer and return the 10% affront discount given during reservation.
- Can buyer resell his/her unit under ARTU to a foreigner or Filipino? Transfer fee will apply.
- How much is the transfer fee for Perpetual or ARTU units? It’s Php100,00.00
- What are the condo projects under ARTU? – Shore Series, Fame, Red, Bloom. Other condo project may follow once the 40% cap is reached.
- Are pets allowed in the residential building? – No, the Owner is not allowed to house or keep pets of any kind, even temporarily.
- When can a unit owner move in to their unit? – Buyers will be allowed to move in after the following conditions are met:
- Construction of project has been completed.
- Buyer has met the payment & documentary requirements for move-in.
- Buyer has signed the Certificate of Acceptance.
- Buyer has settled the required Working Capital (equivalent to 3 months Condo Dues).
- Buyer has submitted the filled out move-in forms.
- Buyer has attended the orientation on the House Rules conducted by the Property Administration.
- Buyer has submitted all other documents as may be required by the Property Administration.
- How much are the monthly condominium dues? – May still vary depending on the condo location and projected operational cost of the project upon turnover. Estimated amount range from Php70.00 – Php120.00
- What is the purpose of collecting condominium dues from the unit owners? – Condominium dues are used to pay the following expenses:
- Operating and maintenance expenses of the condominium
- Insurance premiums, real estate and property taxes of the amenities and common areas
- Permits and licenses fees paid to the government
- Other necessary expenses
- When will a unit owner start paying for the condominium dues? – Payment of condominium dues will start once the unit has been accepted by the unit owner or deemed accepted based on turnover policy.
- Who can purchase a parking slot? – Only unit owners can purchase a parking slot.
- What happens if a unit owner does not get a parking slot? – Unit owners who did not purchase parking slots may opt to rent parking slots from SMDC Leasing or from other unit owners who are renting out their parking slots.
- If a purchased residential unit was cancelled by the buyer, what happens to the purchased parking slot? – With this scenario, the parking slot purchased will also be cancelled.
- Are there any fees to be collected for using the facilities/amenities in the condominium? – Yes in some areas like funsction rooms, swimming pool, etc. The use of facilities and amenities are generally covered by the condominium dues. Such fees will be used to cover maintenance and utility costs.
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+63 917 512 7475
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Address
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14th Flr. Ocean Drive, Mall of Asia,
Pasay City, Metro Manila, Philippines
Email Address
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