Real Estate Properties -
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Real Estate Investment in the National Capital Region (NCR), Philippines
Most property developments in Greater Manila Area are designed using international concepts and standards. They are strategically-located developments near Central Business Districts (CBDs) in urban cities, schools, malls, churches and hospitals. Due to the effects of the 1997 Asian economic downturn, prices are very affordable and the payment options and/or financing terms more flexible. Property in Greater Manila Area appreciates at an average of 10% per year, which is higher than 3 to 6% US properties get. This translates to a higher Return On Investment (ROI). The slump in real estate in the last 7 years has resulted to a dramatic reduction in the supply of new real estate projects. However, demand for housing units has continued to rise because of the growing population of the Philippines. Thus, real estate projects that will come on stream in the next few years are guaranteed a steady stream of interested buyers and tenants. After a 7-year downturn, the Asian market that includes the NCR is expected to recover and outperform other markets. Consumer incomes are rising, unemployment is falling and interest rates are modest. Comparing the prices in other major cities around the world, prices in Metro Manila are inexpensive. Housing is always a rewarding investment as it gives one a sense of pride and ownership. Property is a good hedge against inflation. It is a hybrid asset with the capital appreciation of a stocks but the income producing capacity of a bond. Rental income from property is a stable source of income, and while it may fluctuate, is highly unlikely to vanish altogether, unlike stocks. Real estate always has a residual value. Although prices can certainly fall as well as rise, property values will never fall to zero unlike shares or hedge funds. Real estate in prime locations is always an excellent collateral security against loans, and allows financing to be secured anytime. It is a trend that units in projects that are pre-sold while still being developed appreciate generally in value when the project is finished. Units in projects that are near malls and other high traffic areas are easy to rent out. Buying real estate on installment basis is like buying a pre-need plan. Paying for it in installment for a future need. Todays current real estate market in NCR dictates that demand for housing of all types is greater than supply. The backlog for housing is estimated to be about 4 million units. If you are an Overseas Filipino Worker (OFW) or Balikbayan, Oriental Appraisal & Realty would be your gateway in supporting the Philippines to be one of the world’s real estate investment destinations not to mention promoting and bringing in tourism potential for the country. With your investment, it will generate jobs and other business opportunities for fellow filipinos while earning for yourself. Foreign Real Estate Investors are always welcome, as foreigners can lease and purchase real estate properties in the Philippines. Condominiums can be a foreigner’s best friend (to a limit). This somewhat also follows the corporation principle of the 60%- 40% rule. When a foreigner buys condominiums, he may own up to 40% of the building because when he purchases the units he becomes a stockholder of condominium corporation. If you plan to retire in the Philippines, we are very much willing to assist you and give you advice on living in Metro Manila. Make NCR your retirement haven! SM Development Corporation
Grand Monaco
Alveo Land
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