Victoria Station II, EDSA, Diliman, Quezon City

After visiting Flora Vista of Phinma Properties at Peacock St., Commonwealth Avenue, Quezon City last Sunday; we also inquired from the real estate agents assigned at TriNoMa for the Victoria Station situated right beside the GMA-MRT Station, along EDSA. This is still in line with our search for a home to live nearby our workplace.

We have set the appointment with the agent, and had met with her last Tuesday for our site visit. We had toured and take a clear look at their nicely designed model units; which I think cost millions with the interior design alone. But those units were really inviting, making you think that a 20 square meter space is already enough for you. Unfortunately, I cannot share any picture here for it is PROHIBITED.

After seeing those beautiful units that I fell in love with, we proceed with the computation of the total unit price (TUP) and monthly payments. It was equally overwhelming. A 40sqm loft type unit costs as much as PhP2.4M in its pre-selling state. WOW! Well, they got a 12% discount from the TUP. But still, it will equal to a great price for the additional costs that includes a 3.5% or 6.5% of government fees for in-house or bank and PAG-IBIG payment schemes respectively. Not to mention the PhP20,000 miscellaneous fee. A reservation fee of PhP20,000 which is deductible to the TUP is required, and a downpayment of at least 10%. Roughly, you will be paying PhP8,000 for 36 months for the downpayment alone. Afterwards, it will vary from PhP12,000 to PhP28,000 for the monthly amortization depending on the payment scheme and terms of payment you choose.

With the jaw-dropping TUP, we headed on our way to the model turn over unit at the Victoria Station I, the one directly connected to the GMA-MRT Station. I have to say that I really don't like the idea of having a fit-to-finish unit. It was so bare, no flooring, no paintings, nothing at all. Moving in will costs you around PhP300,000 for you to live in there. I was sort of disappointed, I must say.

But somehow, the site at that very moment is a stress reliever. City lights from East Avenue and Quezon Avenue up to the Antipolo City is mesmerizing. Would love to see it over and over again. But my girl is afraid of watching it, she is afraid of the heights, he he. We're on the 17th floor at that time.

Nevertheless, I still believe that the investment is not that worth it, specially for us who really doesn't have that extra cash for such. I still prefer a house and lot. Can you recommend any within Quezon City? Preferably along EDSA or near?
3 Responses
  1. Gadgets Says:

    hi, friend...nice blog

  2. Albert Says:

    Nakita ko rin yan last sunday..

  3. Basyon Says:

    Wow! Expensive pero i think worth it nmn ung first unit na na-mention mo. Sayang di pwdng ipakita ang photos, *sigh. Ako rin mas gsto ko ang house and lot. ;D

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