24hr access, Air con, Bath room, Cctv, City view, Corner, Pool view, Walk in wardrobe

Bathtub, Cooker hob, Intercom

Balcony, Games room, Garage, Gymnasium, Lap pool, Maidsroom, Multipurpose hal, Outdoor patio, Playground, Sauna

The new freehold development was launched in September 2018. It is a joint development between two prominent Hong Kong-listed property heavy weights, Shangri-La Resorts Worldwide, and Kerry Properties Limited. Enjoy signature Shang Properties living experience – superior amenities, outstanding architecture and world-class design. Conveniently nestled between Greenhills and Ortigas, and within easy travelling distance to both Ortigas and Makati central business districts. The Wack Wack neighborhood is home to some of the best schools, universities, medical facilities, and shopping that the city has to offer.

To purchase a unit at Shang Residences at Wack Wack, must pay a fee of PHP 200,000.00 (approximately SGD 5,070) to reserve a unit. The down payment is due 30 days after reservation. -Foreigners cannot open a local bank account (unless they have a local company, partnered with a Filipino) or secure a loan if they are not based in the Philippines. If they choose to take a loan, it would have to be with their own bank in their home country using their own property there as collateral. -As a matter of fact, local banks do not even allow the local buyers to use their purchased unit/s from a pre-selling project, as collateral when they opt to get a bank loan. Bank financing normally comes in when the project has already topped off in the construction stage.

Rental yield is estimated at around 4.5% to 5% p.a.

The developer has the right of first refusal if resale is made prior to the handover of the unit. A transfer fee of PHP 150,000 (approximately SGD 3,084) is charged when transferring ownership rights prior to handover. Ownership of foreigners is limited to 40% of the total project.