1 Bedroom Condo for sale in Shine Residences, Ugong, Metro Manila near MRT-3 Ortigas, Pasig, Metro Manila
Pasig, Philippines
Guide Price
$61,947
3,500,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
Key
Features of SMDC Shine Residences:
For Sale: Studio Unit in SMDC Shine Residences, Ortigas, Pasig City
Studio Unit
Floor Area: 23 sqm
Asking Price: Php 3.5 M only
SMDC Shine Residences is a premium residential condominium developed by SM Development Corporation (SMDC). Located in the bustling Ortigas Central Business District in Metro Manila, Philippines, it offers a strategic
location for professionals, families, and investors seeking a convenient urban lifestyle.
Prime
Location:Situated along Meralco Avenue, Brgy. San Antonio, Pasig City, in the heart of Ortigas.
Within proximity to major business centers, shopping malls (such as SM Megamall, Robinsons Galleria, and Shangri-La Plaza), schools, hospitals, and entertainment spots.
Convenient access to public transport and major roadways, including EDSA and C5, providing connectivity to key areas in Metro Manila.
Building Details:Shine Residences is a high-rise condominium offering a sleek and modern architectural design.
Offers studio, one-bedroom, and two-bedroom units, ranging from approximately 24 to 50+ square meters.
Many units feature views of the city skyline and
nearby business districts.
Amenities:Lobby Lounge: A well-designed lobby that exudes a sophisticated and welcoming ambiance.
Swimming Pool: Outdoor pool area with leisure lounges, perfect for relaxation and unwinding.
Function Room: Designed for residents to hold events, meetings, and private gatherings.
Sky Garden and Viewing Deck: Providing panoramic views of the city skyline, especially stunning at night.
Fitness Gym: Fully equipped gym for fitness and wellness enthusiasts.
Retail Shops: Select retail spaces within the development offer residents easy access to essentials.
Security and Services:24/7 security services, CCTV in common areas, and keycard access for enhanced safety.
Concierge and property management services are available to assist residents with daily needs and property upkeep.
Investment Potential:Shine Residences offers good investment potential due to its
location within one of Metro Manila's prime business hubs, making it attractive for long-term leasing and capital appreciation. Telephone number: View Phone
Location
Open in Google MapsLiving in Pasig
Home to the Ortigas Center business district, Pasig offers a central Metro Manila location with modern condos, malls, and office towers at prices generally lower than Makati or BGC. English is spoken universally, and the Kapitolyo neighborhood has emerged as a foodie destination with trendy restaurants and cafes. A practical, more affordable base for expats working in the metro's eastern business corridor.
Island-hopping on weekends, karaoke as a national religion, and a Filipino hospitality so genuine that you will be adopted by your neighbor's entire extended family before your first month is over.
Visa
SRRV (Special Resident Retiree Visa) — available from age 40+. Requires $15,000-50,000 deposit depending on age and pension status. Grants indefinite stay with multiple-entry privileges. SIRV (Special Investor Resident Visa) — requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the Philippines→Key Fact
English is an official language and widely spoken — making the Philippines the easiest Asian country for American expats to navigate daily life. Private healthcare is excellent and affordable, but infrastructure outside Manila can be underdeveloped.
Learn more: The Cheapest Cities to Live Abroad→Philippines at a glance
How Philippines scores for American expats
Cost of buying in Philippines
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ·Transfer tax: 0.5-0.75%
- ·Documentary stamp: 1.5%
- ·Capital gains tax: 6% (seller, but often negotiated)
- ·Registration: ~0.25%
- ·Notary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
₱5,000-15,000/yr
HOA / Condo Fees
₱3,000-10,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 40% foreign quota per building). Houses possible via long-term lease or Filipino spouse.
Legal help in Philippines
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Philippines?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Irene Redecio
Next steps for moving to Philippines
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
DotProperty.com.ph
PHP