Monday, March 8, 2021

Ready For Occupancy: Pre-owned Six Bedroom House and Lot in City of San Fernando, Pampanga

 


This large house is very ideal for people who have large family. It has wide open spaces and rooms, gardens and family recreation facility to be enjoyed by potential families. It was constructed in late 1990s to early 2000s and was built on a two adjacent lots. Other than that, it is walking distance to a nearby public school and the nearby neighborhood is safe and quiet in a secure subdivision.   

Monday, March 1, 2021

Buying Real Estate Amidst COVID-19 Pandemic in the Philippines

 


"The Time To Buy is When There's Blood in the Streets."  - Baron Rothschild

With the ongoing pandemic and the disruption of business and everyday lives,  In the past few months, there are a lot of negative news being reported from negative economic growth that lead to recession, inflation of basic commodities including food and rising fuel costs, and the rising unemployment brought about by this sad ordeal in our country because of complacency and lack of foresight among key leadership. There are still opportunities arising from the sudden halt of our existence. People have learned to adapt in such events and scenario for the good or bad.

Monday, February 8, 2021

A Look Back on 2020 and Beyond: The Philippine Real Estate Sector (Part 2)

 


Residential Real Estate Prices Declines

In the recent BSP Residential Real Estate Index Q3 2020 report, there is a sharp decline of properties particularly residential condominiums by -23% with many investors affected with the pandemic and the decline of foreign workers of various Philippine Offshore Gaming Operators in Metro Manila which have become the renters of these properties. With high vacancies and non-payments of loans. Majority of owners have decided to sell off their condominiums for other interested buyers particularly real estate speculators due to possible circumstances such as non-availability of credit from financial institutions because of stringent requirements against risks and defaults with a slow economy in recession.