Nara Residences Rockwell

Nara Residences Bacolod by Rockwell Land

Created on May 6, 2022
Edited on June 16, 2022

Location

Mandalagan, Bacolod City

Condo Unit Types

Residential Lots inside the compound

Rockwell Business Center

The proposed 30-hectare Rockwell Center in Bacolod is only a few minutes away from Nara Residences. 

This master-planned community will offer a lifestyle that combines the best of both worlds: vibrant urban living and a relaxed culture amid nature.

Building on its success in the country’s premier business and lifestyle district, Rockwell Center in Makati, Rockwell continues its foray into the Visayas region with a master-planned community in the City of Smiles.

Nara Residences (One Nara and Two Nara)

Nara Residences by Rockwell is a luxury mid-rise condo, located at Cordova-Buri Road, Bacolod City. This is a vibrant location that combines class, urbanity, and the relaxed aura of the province of Negros. 

The whole property is around 11 hectares so you have approximately 80% of open space.

condo-for-sale-in-mandalagan-negros-occidental image1
One Nara (Right) and Two Nara (Left) at night

It puts you in proximity to everything that the modern Bacolod has to offer – Megaworld’s Northill Gateway, All Day Mall, McDonald’s NextGen, Rockwell Center (32 ha), airport road, and more. Committed to providing elite and spacious living spaces in town, gorgeous landscaping, and upscale amenities, Rockwell is the epitome of luxury.

One Nara (Left) and Two Nara (Right) at night

Stats

  • Condo type: Mid-rise
  • Design: Art Deco
  • Storeys/Floors: 8 floors or levels
  • Units per floor: 16
One Nara (Right) and Two Nara (Left) at night

DESCRIPTION

Unit Types and Sizes

  • Studios: 36-38 sqm
  • One Bedroom: 50-75 sqm
  • Two Bedroom: 82-83 sqm
  • Three Bedroom: 104 sqm

Price Ranges

(depends on floor levels, views, and floor size)

  • Studio: 5,831,000
  • 1 Bedroom: 7,050,000 to 7,575,000
  • 2 Bedroom: 11,368,000 to 11,450,000
  • 3 Bedroom: 14,932,000

Construction officially launched in January 2020.  Parking starts at 1,000,000 pesos and 3 bedroom units require 2 parking slots. We can arrange for you a meeting with the Rockwell Sales Team in your own office or a coffee shop since the Rockwell Bacolod Office is currently undergoing construction/renovation. We can thoroughly explain with further details and no more room for doubt.

Turn-Over Dates

  • One Nara: December 2023
  • Two Nara: October 2024

Price increase monitor

Total Area Orientation Jan 2020 Mar 2021 Increase (Span) Per month
Studio 39 South -2F 5,081,545 5,359,633 5.19% in 14 months 0.37%
1 BR 50 South -3F 6,437,500 6,789,792 5.19% in 14 months 0.37%
2 BR 83 South -2F 10,558,015 11,090,718 4.80% in 14 months 0.34%

Apart from Nara Residences, Rockwell will also develop a 3-hectare development surrounding Nara Residences. It will be mixed-used spaces similar to Makati City. It will feature Power Plant Mall, retail spaces, offices, a school, and lots.

Nara_Residences_Clubhouse_2-1

Overall Pricing

Rockwell is offering very lenient terms especially in light of the pandemic. As of March 2021, there is:

  • Total Price (+parking if 1BR above) less 100k PHP Reservation
  • 10% of remaining payable after 15-30 days (downpayment)
  • 10% amortization has 2 options:
    • Straight payment (no lumpsome)
    • Amortization with lump some or balloon payment every 10 months for 4 occurences
  • 80% loanable amount via banks

Required Parking Slots

Studio – no parking required
1BR – one parking required (outdoor or indoor)
2BR – two parking required (outdoor or indoor)

Parking Prices

Parking prices:
  • Outdoor – 800,000 PHP
  • Indoor – 1,200,000 php
1 to 3 Bedroom unit buyers are required to get one parking slot only:
  • Studio buyers: Not required to get parking slot
  • 1 Bedroom: 1 Outdoor Parking
  • 2 Bedroom: 1 Indoor Parking
  • 3 Bedroom: 2 Indoor Parking Slots

MAP

Estimated Turn-Over Date

SEPT 2023

  • was moved because of the Pandemic and the management has to build a reservoir and 2 flood tunnels to remedy against future floods brought by heavy rains in the future. 
  • The condominiums are rising on top of the highest peak of the land contours, and the clubhouse/pool are on the slopes. 
  • Completion for land development will be on Nov 2023

Amenities

Retail shops for basic necessities such as grocery, salons, food hubs, etc. at the main entrance
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By Bryan Villarosa

By Bryan Villarosa

Bacolod-based and Accredited Real Estate Salesperson by PRC | Sun Life Licensed Financial Advisor | Marketer | Law notes

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