Real Estate Philippines News Blog

The year 2009 for the Real Estate Philippines industry was much better compared to 2008. In general, most of not all real estate developers saw a recovery on their balance sheets, as the U.S. and the rest of the world slowly gets back up on its feet after taking a big fall in the 2008 global financial crisis. This simply means that people now have more money to spend this year as opposed to last year, so more of us are able to invest in their dream homes.

We must always keep in mind that the Real Estate industry is a CYCLICAL business, meaning that it regularly experiences boom and bust cycles throughout the years and is very much reliant on the income spending power of people at a given time period. You should always observe the market on whether it’s a good time or a bad time to invest in a property. And how will you know? Here are some tips…

(more…)

To those of you who are planning to avail of a Pag Ibig Housing Loan and are first-timers at it, kindly take note that the maximum loanable amount for a Pag Ibig House Loan is P3 million pesos. Also, most of the applicants of Pag-Ibig are usually borrowing P400,000 to P700,000, and you will get the lowest interest rates of these amounts. Hence, Pag ibig housing loans are actually more ideal for middle-income earners.

Below is the Interest Rate table for the corresponding Pag-ibig Loan Amount (30 year maximum loan term):

In addition, take note of these guidelines when applying for a Pag ibig housing loans…

(more…)

As we have all seen and felt recently, both Ondoy and Pepeng have taken lots of lives and property while still leaving disease, garbage and wreckage in their tracks. As we still continue to do our part to rise up from these challenges, we must reflect on the hard and valuable lessons that Ondoy and Pepeng have taught us, so we can be prepared the next time storms like these hit us…

Below are some Philippine Property Lessons which you should take note especially after these two storms. It seems that due to Global Warming and Climate Change, more of these abnormal rains will hits us. So in turn, please do feel free to bookmark and share this page to other people as part of our social responsibility to one another:

(more…)

Due to the devastation brought about by tropical storm Ondoy, Eton Properties has surveyed the elevation of all their current projects above Mean Sea Level (MSL), and found that all their projects are virtually flood-free properties. This means that you as investors can feel safe, knowing that all Eton Projects will not be affected by any major-level floodings.

MSL is defined as the average height of the seawater surface including all tide levels. Thus, an elevation of 20 meters means the property is 20 meters above the average height of the sea, making it very safe against heavy floods.

As reported in a meeting yesterday with Eton President Danilo Ignacio, all Eton Projects did not encounter any major flooding. Please find below the summary list of the Elevation levels of all our current projects, showing that ALL our projects are above the Mean Sea Level:

(more…)

Indeed, the wrath of Typhoon Ondoy was felt all over the world, especially to us Filipinos. The worst flood and rainfall in 40 years brought about by this unusual storm devastated the lives of over 500,000 Filipinos and ensued property damage of almost P3 billion pesos! Quite a tragedy indeed. For those needing assistance, please visit this link for Emergency Numbers: http://www.realestatephilippinesblog.com/to-those-affected-by-floods-of-typhoon-ondoy-floods/

Since so many of us had our eyes opened by Ondoy, many are now looking for new homes to start with, and now they realize the importance of having an ELEVATED property. The landscape of the Real Estate Philippines World has now changed due to this monster flood: people will now be more conscious of the  property they will be investing in – particularly on whether it’s flood prone or not.

(more…)

We have been talking about the legal and technical aspects of Real Estate Philippines investing for the longest time, but now let’s ask go into a more supernatural aspect of it: the possibility of your desired property of being a GHOST HOUSE. Not everybody believes in ghosts, and there has been no concrete scientific proof of their existence. Still, so much interest has been devoted to this topic. In fact, we Filipinos are the number 1 Google internet searchers for ghost house activities in the whole world! Perhaps it’s better for us to be wary of such paranormal possibilitie, and here’s why…

(more…)

Those with experience in real estate investments say that there is only ONE RULE in property buying summarized in three words: LOCATION LOCATION LOCATION!

Indeed, the location of the property itself is very crucial because it must be accessible to other places which serve your other basic needs and wants. Let’s break down these important factors of choosing YOUR ideal location one-by-one to help you decide…

(more…)

If 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…)

68 Roces Townhomes is the latest High-End Quezon City townhouse project of Eton Properties by Lucio Tan. As stated in its name, 68 Roces is a 3.3 hectare Residential Enclave located along Roces Avenue, making it a very prime residential spot especially for young families and newly-wed couples who are used to the Sta Mesa Heights, New Manila, and Scout Areas.

See the 12 Reasons on why you should invest in 68 Roces below…

(more…)

A Philippine Condotel Investment Marketing Company sees sustained growth during 2009 in the Philippine Real Estate sector despite the Global financial crisis.

This worldwide financial catastrophe has affected the economic growth of emerging economies such as the Philippines, where growth slowed down from an outstanding GDP growth of 7.3 percent in 2007 to a lower than expected expansion within the vicinity of 4.5 percent according to economic experts.

Despite this, experts say it’s time to go to back to the basics for 2009 as the remaining liquid investors flock to traditional investment instruments such as direct investments and ownership of real estate. The way to go is revisiting investment opportunities from bricks and mortar businesses or companies which have a physical presence that offers face-to-face customer experiences, ” says Beth Collingz, overseas marketing director of PLC Global, lead marketing partners for the Lancaster Condotels in the Philippines.

Moreover, highly populated countries like the Philippines which, among other sources rely on export revenue; can fall back on its human resources to survive the global financial crisis. The law of
supply and demand tells us that if the Philippines’ export sector is on the downturn because of the recession in the global export market, it can shift to its huge internal market to compensate a shortfall in exports into manufacturing for domestic consumption.

(more…)

Makati City is the current financial capital of the Philippines, but it may be soon overtaken by the Fort Bonifacio Global City, which is majority owned by none other that the Makati developer themselves: Ayala Land. Hence, many developments are sprouting up there like mushrooms, because of their trust in the Ayala name brand. They certainly did it before in Makati, which was a barren airstrip during the period. With their foremost expertise, they have transformed it into probably the most modern and attractive urban development in the Philippines.

(more…)

The biggest competition in the bustling Santa Rosa Lagunadevelopment area is between ETON CITY and Ayala Nuvali, which are developed respectively by two of the Philippines’ biggest and richest tycoons: Ayala and Lucio Tan.

Perhaps most of us are already aware that the Sta Rosa Laguna area is currently being developed into the next Makati City, so you can just imagine what you can gain from property appreciation there! Due to our rapid population growth (as discussed in my previous blogpost at (http://www.realestatephilippinesblog.com/philippine-properties-still-good-bargains/), the strength of our BPO sector and the overcrowding of Metro Manila, we Filipinos will soon need a new modern financial district aside from Makati and Ortigas to move on to. This place would be IT!

Now, to develop such a immense and powerful financial district, there are several steps summarized below..

(more…)

The Eton Residences Greenbelt is a pre-selling Makati Condominium in the very prestigious address of Greenbelt Makati. It is also the pioneer project of Lucio Tan‘s Eton Properties Philippines Inc. Its location is the at the PRIMEST (highest Zonal Value in Makati according to BIR), since it is along Legazpi St. and right in front of Chili’s Greenbelt 1. It is most comparable to The Residences at Greenbelt by Ayala Land, since their prices, location, and target market are virtually the same.

(more…)

For our fellow Balikbayan countrymen who have made their careers abroad but wish to invest and earn from the different properties in the world of Real Estate Philippines, read this Balikbayan Buyers Guide for Real Estate Philippines to help you out, especially for beginners This guide includes summarized Real Estate Philippines Laws which are organized for your convenience and education. Click the link below to see the guide…

(more…)