Let’s talk about the number serious buyers actually care about:
Not the TCP.
Not the discount.
Not the “limited-time offer.”
The real question is:
How much does it cost to own this every month — sustainably?
If you’re considering a condo in Pasig, especially along Marcos Highway, here’s the transparent breakdown most brochures skip.
- HOA Dues: What Are You Actually Paying For?
Homeowners Association dues typically range depending on the project and amenities. But what matters more is what they cover.
In a development like Lykke Kondo by PH1 World Developers, built by Megawide Construction, HOA dues contribute to:
• 24/7 security personnel
• CCTV monitoring
• 100% backup power for common areas
• Elevator maintenance (5 per tower, including service lift)
• Cleaning of hallways and shared spaces
• Amenity upkeep (gym, pool, coworking space, playroom)
• Landscaping and pocket gardens
• Administrative management
You’re not just paying for “maintenance.”
You’re paying for predictability.
- Utilities: Estimating Realistic Monthly Consumption
For a studio or 1-bedroom unit with split-type AC and induction cooking:
• Electricity: Depends on AC usage, typically manageable due to efficient layout and double-pane windows that reduce heat gain.
• Water: Moderate usage, especially for 1–2 occupants.
• Internet: Fiber-ready infrastructure reduces setup complications and improves reliability.
Because units are efficiently sized and vertically optimized, cooling and lighting costs tend to be lower compared to larger horizontal homes.
- Reserve Fund and Assessment Risk
A well-managed condo builds a reserve fund — this protects owners from sudden large assessments for repairs.
Key questions serious buyers should ask:
• Is the reserve fund properly structured?
• Is the developer known for construction quality?
• Are materials durable and low-maintenance?
Construction quality matters. Projects built by established contractors reduce long-term risk exposure.
- Compare This to a House
Owning a house may eliminate HOA dues — but introduces:
• Roof repairs
• Gate and perimeter maintenance
• Plumbing replacements
• Exterior repainting
• Security costs
• Drainage and flood mitigation in vulnerable areas
In nearby flood-prone zones east of Pasig, homeowners sometimes shoulder unexpected repairs during heavy rainy seasons.
With condo ownership, many of these risks are centralized and managed.
The Calm Math
When evaluating ownership, calculate:
Monthly amortization
- HOA dues
- Utilities
= True monthly commitment
Then compare that to:
Rent
- Transportation costs
- Gym memberships
- Security expenses
- Home repair savings
Ownership becomes clearer when all variables are visible.
Buying a condo is not just an emotional decision.
It’s a systems decision.
The right development isn’t the one with the loudest promotion.
It’s the one with the most transparent math.
Before choosing your next property, ask yourself:
Are you buying square meters — or are you buying stability?