Archive for May, 2009

West Wing Residences Quezon City

Wednesday, May 13th, 2009

eton west wing residencesHere are some nice brand-new, pre-selling townhouses at Eton West Wing Residences Quezon City along Quirino Highway, Novaliches. When I first learned about this project, at first I had some hesitation for its location, since Novaliches is considered to be part of the farther parts of Quezon City. But when I saw it for myself, Frankly, it was quite impressive. This is indeed a very affordable House and Lot package for those who like the Novaliches area, and for those who really want a House and Lot over a condominium. (more…)

Philippine Property Stocks Strong Last Week

Sunday, May 10th, 2009
Last week saw a big surge on Philippine Property Stocks. Of course, most of the stocks did rise due to a recent rally of the worldwide stock market, but the ones that outperformed the others here in the Philippines were mostly property stocks.
Why is this so? Analysts have attributed this to the recent cut in interest rates and further cuts in the near future, meaning loan interests will go down and more people will be applying for housing loans to buy houses and condominiums. (Read more about how interest rates affect the property sector on my previous post here at Bangko Sentral hints at Further Interest Cuts).
Ayala Land (Stock Symbol: ALI), Megaworld (MEG), and Filinvest Land Inc. (FLI) were among the Property Issues that gained significantly. From the start of the week on May 4 to the end on May 8, Ayala Land went from to 6.2 to 7.4 for a 15% jump, Filinvest from .64 to .74 for a 17% increase, and Megaworld from .71 to .95 for a whopping 35% increase (Megaworld has a stock rights option which accounted for its strength).
As I have said numerous times in this blog already, the Philippine Property market continues to be resilient (see previous posts at http://www.realestatephilippinesblog.com/category/real-estate-philippines-news/). We Filipinos did not lose as much money as the rest of the world, and our growing population still need houses to live and invest in.

However, stock analysts also say that this will be a temporary rally. Let’s just wait and see. Meanwhile, based on my research, I’m sticking to my belief that Philippine Property will continue to be strong in these times

Great Investments in Metro Manila Commercial Spaces for Sale

Tuesday, May 5th, 2009

Metro Manila Commercial Spaces for SaleIf you will notice the Philippine Real Estate market today, seldom will you find any Metro Manila Commercial Spaces for Sale. What you will see mostly are residential spaces for sale, whether they’re condominiums, residential lots, townhouses, etc etc. Why is that so? Of course, one can argue that the primary reason for this is that our rapidly growing Filipino population needs to fulfill their basic need of having shelter (See my previous blog post here). But there is another reason – Commercial Spaces, when owned, can yield great profits for you especially in the long-term. (more…)

Eton Parkview Greenbelt

Tuesday, May 5th, 2009

real estate philippines | eton parkview greenbeltIn light of the great success of Eton Residences Greenbelt, Eton Properties has launched another Greenbelt Makati Condominium Project called Eton Parkview Greenbelt. Just like its predecessor, all units of Eton Parkview are Loft-Type. This gives a more modern, relaxed, spacious, and homey feel to your condominium unit as compared to the usual flat-type condo which sometimes cramped. Also, Eton Parkview Greenbelt’s location is also very near Eton Residences Greenbelt, as it is situated in front of Legazpi Park along Gamboa Street.

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