House & Lot vs Condominiums

[AmorsoloX]

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for Condominium Investment go for trusted Developers

whether subdivision or condo development, theres no guarantee even from well known developers,,

i know of a certain fil-invest development that totaly failed..

before investing. always have due deligence first.. just because it is from a good developer doesnt mean its a good property.. there are so many factors to consider

ayaw padala sa salestalk sa ila mga ahente...

[AmorsoloX]

ayaw kalimot.. kanang mga inhouse salesmen nila. gusto ra na mkabaligya kay ila gi apas ila commission. hehehe

kung mo invest sa condo's make sure nga mo appreciate jud cya.. take into consideration also inflation.

example..
u buy 5m worth condo.. after 10 years, it becomes 12m.
now, lets put in inflation. 12m now may have MORE buying power than 12m in 10 years.. its quite possible the buying power of your 12m only becomes 7-8m.. take into account the fees.. possible nga mo profit lang ka mga 100k or even worse, lugi ka... (di nalang nato kwentahon ang cost and depreciation sa furnishings)

and also consider resale.. kinsa man daw mopalit sa imu unit for 12m which is 10 years old.. naa man new units for a cheaper price...

this are the important things to consider when buying a condo
1.)appreciation
2.) inlfation
3.) buying power
4.) resale

[GOSPELofROCH]

whether subdivision or condo development, theres no guarantee even from well known developers,,

i know of a certain fil-invest development that totaly failed..

before investing. always have due deligence first.. just because it is from a good developer doesnt mean its a good property.. there are so many factors to consider

ayaw padala sa salestalk sa ila mga ahente...

well i think that's one of the major reasons why I advice my clients not to buy from that developer.

[GOSPELofROCH]

ayaw kalimot.. kanang mga inhouse salesmen nila. gusto ra na mkabaligya kay ila gi apas ila commission. hehehe

kung mo invest sa condo's make sure nga mo appreciate jud cya.. take into consideration also inflation.

example..
u buy 5m worth condo.. after 10 years, it becomes 12m.
now, lets put in inflation. 12m now may have MORE buying power than 12m in 10 years.. its quite possible the buying power of your 12m only becomes 7-8m.. take into account the fees.. possible nga mo profit lang ka mga 100k or even worse, lugi ka... (di nalang nato kwentahon ang cost and depreciation sa furnishings)

and also consider resale.. kinsa man daw mopalit sa imu unit for 12m which is 10 years old.. naa man new units for a cheaper price...

this are the important things to consider when buying a condo
1.)appreciation
2.) inlfation
3.) buying power
4.) resale

I would agree to this but I don't think Real Estate Investment can be affected by Inflation.

it all leads to Location, bcuz it determines how your unit appreciates and A Trusted Developer who has a proven track record of projects that appreciates fast, that can deliver on time and good Property Management.

everything else follows

[george311]

nindot ang mga inputs ninyo boss. murag ubay2 jd advantages ang house and lot especially sa lifestyle sa bisaya or pinoy in general. mas lahi jd ang house and lot. pero depende rajud na sa taw.

[AmorsoloX]

I would agree to this but I don't think Real Estate Investment can be affected by Inflation.

it all leads to Location, bcuz it determines how your unit appreciates and A Trusted Developer who has a proven track record of projects that appreciates fast, that can deliver on time and good Property Management.

everything else follows

not understanding INFLATION is a MORTAL SIN when it comes to investing..

your 5m today will not buy the same things in the future.. your money could lose buying power..

even if your 5m property now becomes 10m after 5 years if 11m in five years can only buy you things worth 5m today, then you are at a loss of 1m..

consequently, if your money goes up in value, your property price will go down to make it affordable and competetive..

and also consider resale.. who will buy/rent you unit when at that time, there are cheaper and newer products on the market..

appreciation is not gauranteed by developers.. there are too many factors to consider.. first would be macro economics and second would be politics, then theres environmental.

it is folly to expect your property to always go up.. (look wat happend in the US)

[AmorsoloX]

the problem with condominiums is you dont have the power to "develop" your property to make in increase in value..

in house&lot, you can increase its value to 300%+ in a very short time if you know what your doing...

in terms of risk, condominiums offer better protection at the cost of potential growth.. in developing lots, you are taking risks to maximise growth..

[cirext]

Living in a condo.
And my vote goes for house & lot.

[bagcollector]

house and lot sad ko...lisud ang condo ug linog2 hehe

[george311]

murag daghan sad jud nuon og mga maintenance fee ang other hidden fees in condo living.