Examining PH real estate market

Examining PH real estate market | The Final Word

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NewsWatch Plus PH

Күн бұрын

Пікірлер: 39

@jannedrumsit Жыл бұрын

The housing prices are so ridiculous now!

@NicsMP Жыл бұрын

yup~ I mean 6 million for a 21 square meter condo? 😵‍💫

@ramonella5718 10 ай бұрын

@@NicsMP target market nila kase ung mga foreigner na malaki ang kita, pero affected tayong mga normal na filipino kase wala tayong matirhan

@MrAverageViewer 11 ай бұрын

Be cautious of individuals who only present the optimistic side, without a sober assessment of the negatives. NOTICE: Most of the discussion was very opinion-based, absent of intensive metrics to validate the claims.

@chuck_dane 9 ай бұрын

Im 34 in the corporate world in a management position and i could not afford housing!!! 😢

@user-zs9ek1bx5z 7 ай бұрын

The Philippines being "closer" to the USA and to many western countries; in addition, to the Filipinos who strongly abide to western and democratic ideas, and live on both asian and western lifestyle - the Philippines is a gateway for the east and for the west..

@BlackAmericanHomeland Жыл бұрын

Philippines dependent on foreign buyers in real-estate, the local Filipino is totally priced out of the market.

@albertteng1191 Жыл бұрын

your opinion is based on what? If you have been to a condo bldg, majority are owned locally

@cebamy Жыл бұрын

@@albertteng1191, what demographics of the population are able to purchase these properties? What percentage of the Filipino population are homeowners?

@alexisvladimir8148 10 ай бұрын

@@cebamyyou can look for official government statistics or corporate statistics, just research for it, majority of the buyers are ofws including seamen and seawomen.

@XennialGuy 10 ай бұрын

@@albertteng1191 What do you need man? Filipinos don't make the type of money to be able to afford all of these condos in Manila. You have to have a take-home pay of P180K per month to afford a mortgage on a P10M 1 bedroom condo. There are not enough wealthy Filipinos to buy up all these condos, and quite frankly they are sitting unoccupied. Those that are in that are local that are in these condos were likely there already and bought it before the price hikes. The Philippines is in a real estate bubble, not too different than the Chinese real estate bubble. It's all going to burst, and foreign investors are not going to be there to pull them out.

@RealYaniYT 10 ай бұрын

@@XennialGuy sorry my friend but if you are really in real estate you would know. A lot of filipinos have money. Majority of the condo units are owned by ph citizens.

@gargar8 Жыл бұрын

An overly optimistic outlook. if the middle-class purchasing power cannot cope with the increase prices of condomunum units , you will see a supply glut of properties ,sending prices down .As for hotels ,I am curious if the fully booked hotels are situated in the Philippines, considering that the number of arrivals in 2023 is projected to be only half of the arrivals in 2019.

@Vic-xk2ic Жыл бұрын

Prices per sqm is almost comparable to the more developed high income countries. His face shows that the price is too high and that a bubble is forming. Housing should be for the locals first than foreigners. Too many condos in Makati and BGC that are for rent but no takers. Price correction will be coming soon.

@michaeljunior1445 Жыл бұрын

I think the law of supply and demand will not apply to the real estate market.

@heor6327 Жыл бұрын

Check whats happening to China’s real estate market right now. Price correction will come but I doubt it’ll be soon

@undulatus2 Жыл бұрын

@@heor6327philippines is a fast growing young population metro manila is extremely small smaller than singapore. Prices in metro manila new developments will not go down at all. Secondary market could correct a little though

@vincentsalvadorlatosa5077 11 ай бұрын

@@michaeljunior1445False, law of supply and demand is still applicable in real estate.

@XennialGuy 10 ай бұрын

There are not enough wealthy Filipinos to afford the prices of the real estate. And now foreign investors are running out of cash. The market is about to tank!

@cebamy Жыл бұрын

Can you please discuss about the single family real estate in the Philippines? Is it affordable for how many percent of the Filipino citizenry?

@rohanzec Жыл бұрын

Budol maxado mga property developer, inflated maxado ang presyuhan. not even an ordinary worker can afford unless your an OFW. even the OFWs are struggling.

@AndersGetherSoerensen Жыл бұрын

800000 pesos per m2!!! Manila is well on its way to becoming a city for the wealthy. Ordinary people are on their way out of town. Just like in many other big cities around the world.

@youtubetroll6620 Жыл бұрын

yea that's true, but the squatters and addicts will remain....haha oh and the rats and roaches will mutate.

@XennialGuy Жыл бұрын

@@youtubetroll6620they already have. They are called politicians.

@undulatus2 Жыл бұрын

Philippines is a fast growing young population metro manila is extremely small smaller than singapore. Prices in metro manila new developments will not go down at all. Secondary market could correct a little though.

@johnreton696 9 ай бұрын

Manila the ugly duckling city of Asia now having housing bubble😂