Here’s a collection of new “Injap Tower” photos from Injap Land Corp. The Injap Tower will be a 21-storey condominium-hotel (condotel) located across SM City Iloilo in Mandurriao, Iloilo City. Aside from the updated exterior and interior renderings, floor plans, and pricing of the new tower were also revealed by Injap Land.
Updated Rendering of the Proposed 21-storey Injap Tower
Condotel Unit Photos
Top View of Whole Condotel Unit
Common Areas / Halls
Lift (Elevator) Lobby
Ground Floor and 21st Floor
Amenities Level and Typical Floors
Feasibility and Payment Terms
According to this source, return on investment (ROI) for purchasing one condotel unit is due a little over 13 years (assuming a 100% occupancy). To get ROI under 20 years, the Injap Tower Condotel should maintain an occupancy of at least 65%.