Condos are Quickly Becoming Vacant in BGC Philippines 🇵🇭

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Mergim Vlogs

Mergim Vlogs

Күн бұрын

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@JanBanJoovi-ol1qv
@JanBanJoovi-ol1qv 11 ай бұрын
Manila is on gigantic real estate bubble. It’s crazy, properties are ridiculously priced, some of them are even more expensive than properties in some cities in the US
@saymyname6726
@saymyname6726 Жыл бұрын
I'm 5:54 minutes into the video and I can't help but make a comment on that first 1 BR condo that is so puny. That costs 45k?? omg. If you're someone who's watching this for the reason of moving into a condo, heed my advice. Look around and be patient. There are a lot of condos in the metro that offers a better deal. Bigger, better developer, same area or in Makati and to top that half the price of 45k! These guys are pushing it too hard, taking advantage. I was just in the same position at about a month ago and I saw a couple of units, when you do find that unit that fits your budget right, it doesn't have to be low end just to meet your financial capability. Trust me, when you find it, it almost feels like other units are a scam.
@theexponent3834
@theexponent3834 Жыл бұрын
Correct. Condo developers in the Philippines have created a bubble with their super inflated prices. That's why I only buy "low-end" lower-priced condos located in strategic & booming areas under the VAT threshold. That way when the Philippine real estate market crashes in 8-12 years, I'm okay holding on to a decent & reasonably priced and fully paid retirement pad that I can actually use when I fly to the islands when I'm on vacation.
@sosodave4192
@sosodave4192 Жыл бұрын
What is the VAT threshold amount? Also, what areas areas are buying in?
@theexponent3834
@theexponent3834 Жыл бұрын
The VAT limit is at around P3.12 million. Anything above that amount will be subject to an additional 12% VAT by the Philippine government.
@theexponent3834
@theexponent3834 Жыл бұрын
I already bought my first condo for less than the VATable amount/limit. I'm currently considering Cebu Land Master's ongoing condo development in Puerto Princess where the one bedroom units are priced below P3 million.
@realpropertymangement7640
@realpropertymangement7640 Жыл бұрын
Wouldn't buy in the PI anymore than I'd consider it in Thailand. There is just too much instability in both countries, hell, the world in general. NEVER buy something you're not willing to walk away from on a moments notice!
@jaymontange8260
@jaymontange8260 Жыл бұрын
@@realpropertymangement7640 really good advice. It’s like lending money . don’t lend more than you’re willing to never get back.
@laneW612
@laneW612 10 ай бұрын
People should remember that Taguig, where BGC is in, has a fault line running through it.
@bigradwolf5001
@bigradwolf5001 10 ай бұрын
NO. There no fault like running through it. There is a fault line adjacent to it but not through it.
@fuqutube
@fuqutube 9 ай бұрын
Who cares were all just gonna die anyway?
@User-210zxm1
@User-210zxm1 4 ай бұрын
THERE IS NONE. STOP SPREADING FAKE NEWS.
@Boo-pb4cn
@Boo-pb4cn 2 ай бұрын
its not like being adjacent makes it better any better 😂.
@ejsampana426
@ejsampana426 Жыл бұрын
Work-from-home arrangements hit these condos really hard. If you can work and live with your family at the same time, away from traffic and all, you'll definitely ditch the city life. And many companies are holding their ace cards for now while anticipating the economic boom in Bataan because of the Bataan-Cavite bridge project. House and lot sales in Cavite and Bataan will soon increase, affecting real property prices in nearby cities.
@bigradwolf5001
@bigradwolf5001 10 ай бұрын
That means prices in the cities should go down then.
@johng4093
@johng4093 5 ай бұрын
There are amenities lacking in less populated areas, something to keep in mind. Eventually those may even out but may take time.
@romt5970
@romt5970 Жыл бұрын
Good to see more videos of those Federal Land developments. Hope you can have one for their newest tower, Park Avenue, and how it compares to their older towers and against Parksuites 👍
@romt5970
@romt5970 Жыл бұрын
@beachkid1 Hahahaha, you should really educate yourself before shouting from your soapbox. the Philippines doesn't have a federal system so obviously "Federal Land" is just a name they called their company 😝😜🤪
@molonlabe9602
@molonlabe9602 11 ай бұрын
Expats live in the Philippines for economical living. Not many want to pay 800-1000 US dollars per month for rent. Most are wanting 500 max per month. In Bangkok, you can still get a nice condo for $150 (small) -$300 (roomier) per month, right near the BTS too. $500 will get you a larger, well located condo. Imagine what you can get outside of Bangkok in some of the suburbs or outlying smaller cities.
@mm-zw2vp
@mm-zw2vp 10 ай бұрын
I have no knowledge of Bangkok, but in the Philippines, this is basically the most expensive area. You can find places all around the Philippines for a. Couple hundred dollars per month. My wife and I stayed in a place for $60 per month while building our house. So for being the most expensive area, not bad??
@mm-zw2vp
@mm-zw2vp 10 ай бұрын
I have no knowledge of Bangkok, but in the Philippines, this is basically the most expensive area. You can find places all around the Philippines for a. Couple hundred dollars per month. My wife and I stayed in a place for $60 per month while building our house. So for being the most expensive area, not bad??
@thomasincali
@thomasincali 10 ай бұрын
I lived in Min Buri, Bangkok for a year and paid $185/mo for a new condo unit.
@ripwheeler1
@ripwheeler1 10 ай бұрын
not many want to live in BKK when they are trying to make ppl pay tax on already taxed money. BIG mistake!
@kathyhirsch379
@kathyhirsch379 10 ай бұрын
@@thomasincali supposedly depends on how long or what season 🤔??
@sdrsdr1176
@sdrsdr1176 Жыл бұрын
This is the problem with most Philippine architectural designs. They look modern & futuristic outside but, the interior design doesn't make sense at all. Because of the expensive types of furniture that go inside a house or building most of these designers grew up never really had the feel of a full house.
@jlmarc01
@jlmarc01 Жыл бұрын
Very good point. Modern and beautifully outside, plain and simple and small inside
@bigradwolf5001
@bigradwolf5001 9 ай бұрын
@@jlmarc01 5:18 it's just plain idiotic
@lasvegasnevada7514
@lasvegasnevada7514 3 ай бұрын
This is what I observed too. Plain and simple for Php50k 😅
@Chea568
@Chea568 Ай бұрын
@@sdrsdr1176 -Blame the Spanish.
@francesmcdonald8145
@francesmcdonald8145 7 ай бұрын
Wow i like that condo with the massive swimming pools Mergim thank you for showcasing the area for shore it will help me and my husband to shop for condos thanks for sharing
@annethiele6599
@annethiele6599 5 ай бұрын
I just heard the unit next to me still available in Park West just bought a condo there last month 2 bedroom and 2 bathroom
@chrisj302
@chrisj302 Жыл бұрын
They keep building new condos as if they are selling them like jellybeans. For expats rental prices in PH are good but selling prices are insane. In Cebu most units are unoccupied. Speculative investors bought up chunks to keep prices inflated. You can buy a nice condo in a developed country like the US in a state like Florida for the same price of what they are asking for condos in the Philippines. Though BGC is like living in a bubble, it is a nice one.
@reggiejohnson4430
@reggiejohnson4430 Жыл бұрын
yes i agree with the pricing on purchasing a condo, i'd prefer just to rent vs buying because for the space i can buy a house in usa
@stevend8785
@stevend8785 Жыл бұрын
I think condos in Kansas City can be purchased for half the price of some buildings in Cebu.
@deadcell1
@deadcell1 10 ай бұрын
Except, in florida HOA has a monopoly on real estate in florida. Also, rising property taxes and insurance is driving people out of Florida.
@bigradwolf5001
@bigradwolf5001 9 ай бұрын
@@deadcell1 The HOA are the HOA. It's not an external company. It's Homeowners Association. People who live there. So yes, they monopolize and they vote on the how they want to live.
@HardRockinJohnny
@HardRockinJohnny 8 ай бұрын
Exactly I live in Florida. Between HOAs Home Insurance,car insurance and property tax,you have to be wealthy to live here now,where it used to be the affordable place to retire. The downfall really started with COVID.​@@deadcell1
@hiddenname9809
@hiddenname9809 Жыл бұрын
There was a time I thought of buying a condo but I felt I was being scammed because of the prices. Glad I did not. Real estate bubble will be good for the Philippines.
@kennethschweighardt4920
@kennethschweighardt4920 Жыл бұрын
45,000 php per month for a one bedroom is highway robbery.... filter in utilities.. no bargain there. No wonder so many are empty
@friarnewborg9213
@friarnewborg9213 Жыл бұрын
Your tight budget, may limit your choice. You wouldnt get a decent unit in my Condo with that budget
@kennethschweighardt4920
@kennethschweighardt4920 Жыл бұрын
@@friarnewborg9213 Perhaps, but it begs the question... would I even want one? For that amount I should think knot.
@bearbaxi1975
@bearbaxi1975 11 ай бұрын
You are right 😅 is totally criminal man
@kennethschweighardt4920
@kennethschweighardt4920 10 ай бұрын
@@Mega-zi7ysThe bigger picture? What throwing away your money? Units sitting empty because they are over priced? What is the bigger picture pray tell?
@Mega-zi7ys
@Mega-zi7ys 10 ай бұрын
@@kennethschweighardt4920 you will never understand what the real deal is outside your fishbowl 😂. Bye 😂😂😂 Ps envy is a sin.
@rdmevX
@rdmevX Жыл бұрын
I just want to weigh in on the smart TV issue. TVs can last anywhere between 10 and 15 years and rarely more than that. The issue is media streaming technology is changing very rapidly. If you have a smart TV with Android ## built-in, it is possible that it will be non-functional in as little as 4 years. In my honest opinion, I believe in getting a non-smart TV and then adding whatever streaming device dujour so that you can easily upgrade when it ceases functioning properly. 👍
@gantenbeinable
@gantenbeinable Жыл бұрын
You can upgrade your TV, if smart or not, anytime with the newest apple TV, Chromecast, Fire Stick or whatever comes in the future.
@fernan5320
@fernan5320 Жыл бұрын
TVs do not last that long.
@rdmevX
@rdmevX Жыл бұрын
@@gantenbeinable I have seen Smart TVs that are almost non-functional because they depended on the Android system to be able to select the inputs.
@rdmevX
@rdmevX Жыл бұрын
@@fernan5320 sounds like you've had some bad luck with TVs. I can fix audio and video electronics blindfolded since it's something I've done for almost 30 years. If you don't get at least 10 years out of a TV then you've had bad luck or you bought a very low quality product line. Sony products tend to break early even though they tend to be on the more top end of product lines because they use non-leaded solder which is brittle and cracks.
@Doof555
@Doof555 Жыл бұрын
a smart box could turn a non smart tv into one...
@l.rongardner2150
@l.rongardner2150 Жыл бұрын
Utterly small, unimpressively furnished units. I live in Tijuana Mexico, and I pay $950 a month for a fully furnished unit (2000 sq. feet, 3 balconies, 2.5 bath, huge kitchen (16ft X 13cft).; laundry room with washer & drier, and panoramic ocean views from all balconies.
@ejsampana426
@ejsampana426 Жыл бұрын
Tijuana is a place for those who can't afford to live in San Diego, and San Diego doesn't even have a place comparable to BGC. Tijuana has a small population of 2.3 million, so no wonder real estate there is cheaper.
@admindesk2760
@admindesk2760 6 ай бұрын
@@ejsampana426 No way around it... who can live like this!? Ridiculously small. Maybe Manila doesn't make the cut as cities go. Damned disappointing. Really, most Junior Suites in a hotel are at least this big. As a "HOME"... this is no way to live. The exception might be for a college grad who doesn't know better. Sad.
@johng4093
@johng4093 5 ай бұрын
Baja California wins in climate, warm but low humidity.
@NicoLee-c2p
@NicoLee-c2p 9 ай бұрын
above 70% of BGC flashy office buildings are vacant, same goes with most highrise condos all over Manila. Only a matter of time bubble pops and landlords regret being greedy
@MegaworldpropertiesbyKomikoKia
@MegaworldpropertiesbyKomikoKia 7 ай бұрын
Looking forward to colaborate with you for the newest condo in uptown :)
@jeremyteves28
@jeremyteves28 Жыл бұрын
The view from the pool!😍
@boyasia5874
@boyasia5874 Жыл бұрын
Definitely you are quite a real estate presenter.! The units quite small as to square footage fit for a single renter or a couple. That bed in the first unit is I believe a full. A queen will be too big for the room. Rates are reasonable! I would consider any unit with a parking space located in the lower floors. The units must be to be leased 6-12 months or more? Unlikely month to month rent. Condo living is not for eveyone, not for the claustrophobic, those afraid of height, fire, earthquake.. Could it be the gym requires a fee ? The security a plus.
@eliottrobinson8288
@eliottrobinson8288 Жыл бұрын
My condo is in the park west buildings. Im in Timesquare West on the 9th floor. I pay 40k php fully furnished and new.
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
Yes area very nice and convenient and less noisy . Title is sorta click bait actually. Many friends have units fully leased out after very short Listing periods.
@markymark7631
@markymark7631 Жыл бұрын
​@@Mega-zi7yscouldn't agree more I've listed 3 units and most have been tenanted within a month so yes crafty click bait
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
@@markymark7631 👌 somehow there's this fella who keeps insisting it's hard to lease out 🙄
@bureaucrazy1234
@bureaucrazy1234 10 ай бұрын
@@markymark7631What's your cap rate (the only metric that matters)?
@markymark7631
@markymark7631 10 ай бұрын
@@bureaucrazy1234 the only metric that matter is Marks metric mate no offence my situation is not A typical...I'm all paid off on my units.... I'm setup for income purposes aswell as asset relocation outside of my primary dwelling....FYI to all please invest the necessary money to Fit out your units this is the difference between 3monrhs of Vacancy compared to 1
@alpheusromance9082
@alpheusromance9082 10 ай бұрын
Good thing our unit at Park West was only vacant for 1 month during the pandemic.
@aaronjanlistanco
@aaronjanlistanco Жыл бұрын
most expensive Barangay in the Philippines.. BGC it was called Fort Bonifacio.. I was thought Fort Bonifacio was a army training camp and the same time as cemetery when I was a kid..
@luigivincenz3843
@luigivincenz3843 4 ай бұрын
I still remember Fort Bonifacio when I was a kid too. I had an uncle who was a Colonel and my high school bud's father also was an officer so they all lived at Fort B. Still remember going in to visit with my parents and you have to tell them which specific area because name-dropping any name will give you that look.
@partytimeasia
@partytimeasia 8 ай бұрын
Bangkok condos are like half the price of these? What does Manila has to offer that Bangkok doesnt? I dont get it
@chaoticheaven17
@chaoticheaven17 7 ай бұрын
BGC looks more modern/developed than any part of Bangkok .
@johng4093
@johng4093 5 ай бұрын
More English speakers, easier to meet retirement visa requirements.
@luigivincenz3843
@luigivincenz3843 4 ай бұрын
the ENGLISH language? Been to Thailand and the locals could not even answer my "where's the closest restaurant around here?". THAT SIMPLE and not one English answer. In the Philippines, they speak to you in English.
@donnlowel2387
@donnlowel2387 10 ай бұрын
Philippines condominiums are over supplied and expensive. Specially in prominent city in Manila. The rent is so high, and the bills are way too much. Not to mention the electricity bills, you’ll be lucky id you electricity goes down below 10k a month.
@ErlitasWorld
@ErlitasWorld Жыл бұрын
Not bad nice Condo unit the amenities good
@Seikologist
@Seikologist 2 ай бұрын
Location is everything. You could make your coffee in your unit and you’re good. But if you want to go out, the best condos are the ones where everything is walking distance. American hoarders would definitely have to change up their consumerism.
@abs101
@abs101 10 ай бұрын
Even the tourist spots are also starting to get expensive here in the Philippines. Unlike the neighbouring Asian countries which is much more cheaper to go there including food and lodging. And this is me a Filipino saying this.
@willieshoemaker8680
@willieshoemaker8680 Жыл бұрын
Inflation ? 10% 90% greed…
@bigradwolf5001
@bigradwolf5001 10 ай бұрын
At least the scale of greed is only 1/3 of US.
@ela111961
@ela111961 Жыл бұрын
Thank you for posting. It's not the furniture arrangement. The problem is the architecture design is very elementary. For a high rise building, i would get a Japanese Site Architect consultant who specializes in minimalist coordinate with the Building Planner. Instead of wall replace it with glass to maximize view. If you sacrifice the layout of the living room, the owner will forever regret buying that condo. Takes me a year looking and comparing condos in San Diego, California. Even if you have the money, don't be in a hurry. Hope this helps.
@noeminoemi1350
@noeminoemi1350 Жыл бұрын
The developers are greedy and are maximizing profit, they know alll that ,but a floor to ceiling glass window would cost more than a plain wall.
@sosodave4192
@sosodave4192 Жыл бұрын
Absolutely agree!! I have no idea who designs the layouts of the condos, but they are often absurd.
@Lohn_Ad
@Lohn_Ad Жыл бұрын
Very informative condo tour❤
@estelitamartin6793
@estelitamartin6793 Жыл бұрын
These unnits are claustrophobic, there are two aircon units in the balcony, how can you relax from the sound while admiring the view? Lol
@rodneyd9921
@rodneyd9921 Жыл бұрын
Philippine condos are still renting very cheap compared to what you have in Hk and New York.
@gangstagummybear3432
@gangstagummybear3432 Жыл бұрын
​@@envillain"better units" is subjective, and island nations are always more expensive is what you clowns don't understand, Thailand and Malaysia are pricing things for Chinese and Indians, of course their stuff is slightly cheaper PH is pricing stuff for people from US, Thailands visitors are moreso less rich people US people have more money, no shit the stuff will be priced higher, plus Thailand and Malaysia have nothing near a BGC to compare, so yeah.
@RhoelsJourneyVlogs
@RhoelsJourneyVlogs Жыл бұрын
Yeah but u dont have the income potential you can have on those city in BGC other than online work for overseas firm or vlogging, taxation can be messy too.
@phoenix5054
@phoenix5054 Жыл бұрын
​@@RhoelsJourneyVlogsTrue, but if you work online, you can. BGC is the best city for less than $2000.
@bigradwolf5001
@bigradwolf5001 Жыл бұрын
@@phoenix5054At that price, better buy so you don't pay someone's mortgage.
@bigradwolf5001
@bigradwolf5001 Жыл бұрын
@@gangstagummybear3432 Thailand is much better because even though they are more expensive, you get ocean in front.
@arnieelm
@arnieelm Жыл бұрын
I can't wait til the bubble pops to snag one of these condos. Meanwhile, I can just rent an Airbnb for $19 a night if ever I go home for vacation.
@admindesk2760
@admindesk2760 6 ай бұрын
IT'S INSANELY SMALL!!! Why is a sofa jammed up in the hallway??!! Where is the Living Room? I get it that people are supposed to be trained to expect less. Fine. But to me a proper 1 bedroom apt has to be at least 600 sq. feet or 55 sq meters. Where ... WHERE ... can one find that? And what do they go for? Frankly, I'd prefer a 1 bedroom with an office or 2nd bedroom, so 1,000 square feet is more workable. In fact 1,000 sq feet should rent for $1,000 USD -- yeah, that seems about right (and probably on the high end.) Thanks in advance for advice.
@edp2506
@edp2506 4 ай бұрын
that's a really nice unit
@floren879
@floren879 Жыл бұрын
Merry Christmas 🎄
@winduncan9818
@winduncan9818 4 ай бұрын
Seems crazy that condo's hoping to rent for 45-50k have fridges with the wrong side doors and couches in the middle of the room not facing TV's, AC in middle of balcony not mounted on wall.
@pdes1280
@pdes1280 10 ай бұрын
Too expensive, condos here even with Ayala Premium are crazy prices!,,, more expensive than buying in US ( my daughter house in NJ is $375k for 3 bdrms, 3 t& bath, with a huge garden. Here 25M is only 1 bedroom. Really crazy price, in Japan you can also buy a very reasonable condo for $100k in Tokyo area
@ZombieWindex
@ZombieWindex 10 ай бұрын
Prices have gone too high since pandemic lifted. Similar units use to be as low as 40k which is still too high for what it is but better than now many people even trying to get up to 1400 per sqm it’s stupid
@cecilwampler8733
@cecilwampler8733 Жыл бұрын
It would be interesting to make a video on the options that someone could request. Could someone get a new mattress, TV added, washer/dryer, lower rent, etc? Some of these things I would not think of negotiating.
@friarnewborg9213
@friarnewborg9213 Жыл бұрын
You can always Ask
@cecilwampler8733
@cecilwampler8733 Жыл бұрын
@@friarnewborg9213 Yeah, but if you don't know what to ask, you might miss something.
@bigradwolf5001
@bigradwolf5001 Жыл бұрын
Wish you could create vlogs on cheap condos in BGC.
@TheNYCexpat
@TheNYCexpat 11 ай бұрын
There really aren't any at the moment so that's why lol
@bigradwolf5001
@bigradwolf5001 11 ай бұрын
@@TheNYCexpat There is surplus, lots of vacant rooms due to 10 years of construction. Lots of disgruntled owners whose units that once had views are now blocked by other buildings, so dispatching them for whatever they can get. I got one already for under $3M and looking for another.
@TheNYCexpat
@TheNYCexpat 11 ай бұрын
@@bigradwolf5001 nice 3m is a good price for the area. I guess you have to find the right owners. Was it private sale?
@bigradwolf5001
@bigradwolf5001 11 ай бұрын
@@TheNYCexpatYes private sale. Go to the property offices and talk to them, they have lots of disgruntled owners looking to sell, especially those where one's balcony is facing another's balcony you could almost cross over.
@TheNYCexpat
@TheNYCexpat 11 ай бұрын
@@bigradwolf5001 thank you. How exactly did you approach the property office about buying? I feel like of course they're going to push their higher priced or at least regular priced units first. How did you play it?
@George_us
@George_us Жыл бұрын
Can't believe that they are using window's A/C. Haven't they heard of quite mini-split units🤔
@travelwithedz
@travelwithedz 6 ай бұрын
The properties in BGC are either excessively expensive or overpriced. It seems that the owners are aiming to generate a return on investment by renting them out at a higher rates. I've watched videos showing other property owners attempting to sell their properties, but they have been unsuccessful in finding buyers for years.
@TM-ub7ie
@TM-ub7ie Жыл бұрын
These people are delusional to think people will pay those asking prices for a condo in the Philippines
@crissbustamante2258
@crissbustamante2258 Жыл бұрын
The 1st one is cool 😎
@rmondave
@rmondave 10 ай бұрын
Foreign competirion is limited... And foreigners still cannot buy house and lot so demand for condos is artfully and artificially inflated
@trulyblessed5236
@trulyblessed5236 Жыл бұрын
How about serendra and Essensa and West Gallery? Those are nice condominiums
@arneluthi1468
@arneluthi1468 Жыл бұрын
Where is ur email ad? Im interested on the 1st Condo?
@CollosalTrollge
@CollosalTrollge Жыл бұрын
Purchasing power makes keen connections - so there we go
@josephputnam7586
@josephputnam7586 10 ай бұрын
Yeah quality / decor / space is way out of wack.
@NSAKEY
@NSAKEY 10 ай бұрын
Does anyone know if the backup generators for the condos in the Phils usually provide power to outlets? I would imagine that it might vary, but I am curious about what people are seeing, specially in bigger-city areas such as BGC. Thanks.
@maxzilla69
@maxzilla69 10 ай бұрын
that brick wallpaper is ghastly
@beverlychua7861
@beverlychua7861 Жыл бұрын
I think it's the developer making money not the owners. The monthly dues in a 1BR unit there is $100 and RPT is also expensive. Buying a unit there is not worth ur money as the ROI is slim.
@bigradwolf5001
@bigradwolf5001 Жыл бұрын
It takes time, the kids will be the ones to benefit when they inherit. By then, it will be 0 capital, 100% profit.
@bureaucrazy1234
@bureaucrazy1234 10 ай бұрын
The developers always make the most money, that's why they keep building when there is an oversupply. Everyone else downstream gets the shaft.
@yulog
@yulog Жыл бұрын
50k? So overpriced for what you are getting.
@joec3390
@joec3390 Жыл бұрын
You know that 50k php is about 900ish USD, right?
@gangstagummybear3432
@gangstagummybear3432 Жыл бұрын
Crackhead
@hustlersgame8759
@hustlersgame8759 Жыл бұрын
​​@@joec3390 in 900 USD you can get your own rental house for a month. In some areas in LA.. secondly these condos are small
@phoenix5054
@phoenix5054 Жыл бұрын
​@@joec3390 You're probably talking to a Filipino. P50k is expensive for a condo in Manila.
@tessa1158
@tessa1158 Жыл бұрын
@@joec3390that's equivalent to a condo price in USA. Who can afford 50K a month when a minimum daily wage is 500 pesos. That's daily rate, not hourly.
@fredrikbergquist5734
@fredrikbergquist5734 10 ай бұрын
Are they not very dark? Small windows and deep?
@helensangalang6191
@helensangalang6191 Жыл бұрын
Good evening dude!
@hufficag
@hufficag 10 ай бұрын
Impractical layout, who's going to sit on that lonely sofa? If you Netflix and chill you do it in your bedroom with the large TV
@Love2trav
@Love2trav Жыл бұрын
This is why ppl r leaving for Thailand . Almost $1000 for 1br apartment with no sea view
@steveba50
@steveba50 Жыл бұрын
And no condo dues/ All included in rent which are also cheaper and better designed.
@luigivincenz3843
@luigivincenz3843 4 ай бұрын
it's the other way around. I know more expats are in the Philippines because of the ENGLISH language. You can get lost in the deepest remote jungle and the jungle dude will speak to you in English to ask "are you lost?". Expats GO and pay for $20K "mansions" in the provinces.
@joeyballaman
@joeyballaman 10 ай бұрын
Prices are too high right now to buy like 5x higher prices compared to what they charge 12yrs ago and it's smaller.
@gameplusrus
@gameplusrus 8 ай бұрын
Hello, what is the process of getting one of those rentals?
@Kuya_Gil
@Kuya_Gil 10 ай бұрын
Are tall buildings/condos, certified earthquake resistant in the Philippines 🇵🇭 ?
@MchlV-es7qf
@MchlV-es7qf 3 ай бұрын
Is that 3 meters wide? Like a shoebox
@micsnz
@micsnz 8 ай бұрын
How are you able to tour the units without an agent?
@DiFinni
@DiFinni Жыл бұрын
Nice to see, thanks. The first place you showed you said quite a big kitchen, lol. It's not big at all.
@kenrice
@kenrice Жыл бұрын
My CR is bigger than the kitchen.
@crimeunlimited
@crimeunlimited Жыл бұрын
I was baffled when i went penthouse shopping and i seen some going for 3-4million USD i'm like wtf. Some didn't even have that nice of a view either.
@annewaraytv
@annewaraytv Жыл бұрын
Staysafe and God blessed enjoy 😊😊❤😊❤❤😊❤❤❤😊❤😊😊😊❤😊
@jibriljinno
@jibriljinno 10 ай бұрын
they should go broke for charging their fellow Filipinos TOO MUCH!
@Zep2084
@Zep2084 9 ай бұрын
1st condo you showed was 45k a month, jeez that's pricey... Low cost rent would be around 7k to 15k for filipinos... 20k is okay if you have someone else to pay with you, 25k is extending it but yeah if they can afford why not. but 45k I wouldn't... I think that pricing is for foreigners definitely.
@AnoNymous-qx4tf
@AnoNymous-qx4tf Жыл бұрын
Makati CBD still better, bigger and more diverse. BGC is just modern but no character.
@TheDocFury
@TheDocFury Жыл бұрын
Are they built to withstand an earthquake? If so how strong of an earthquake?
@tomm.6265
@tomm.6265 Ай бұрын
The condo units are just way to small and too expensive for any interest I looked around for 3 months then went to Thailand what a difference I got a 60 sqm 1 bedroom on the 45th floor in Jomtien Beach right on the beach with incredible ocean views all the amenities u could want great security and Concierge service for 800.00 U.S. I got so much more valve for my money and everything I need is really close to me made the decision easy to stay in Thailand
@romeosinson4446
@romeosinson4446 Жыл бұрын
There’s probably a glut now considering the many condos being constructed there
@romeosinson4446
@romeosinson4446 10 ай бұрын
Don’t worry about prices. Remember there is an all powerful law. The law of supply and demand.
@nyknicksable
@nyknicksable 8 ай бұрын
I believe almost 50% of condos in BGC are empty. Condos are not a good investment in the Philippines. Too many empty units and poorly built. Better to rent and not get stuck with an overpriced condo.
@yaboobayyaboobay8191
@yaboobayyaboobay8191 Жыл бұрын
If he got paid to promote those condos but didn't say it, it's dishonest. If it's the best deal you can find over there, it looks bad.
@cd221
@cd221 Жыл бұрын
98% of Filipino households have less than the equivalent of $2,000 per month in income.
@Alexdavid82619
@Alexdavid82619 5 ай бұрын
50k monthly for rental is expensive? Imo it’s way affordable
@MsVroege
@MsVroege Жыл бұрын
I don't see the second unit..hhmm...Did i missed it..huh..
@cjack202003
@cjack202003 Жыл бұрын
The fridge opening on wall side is weird AF and looks crammy. What were they thinking? I wouldn't get the unit just because of that. Yes, I'm picky like that.
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
I think those are reversible doors as most fridges are nowadays Just dumb installers or lazy 😂
@gunnar_langemark
@gunnar_langemark Жыл бұрын
@@Mega-zi7ys - the wall is in the way. The door wouldn't be able to open, as it would crash into the wall. Unfortunately. I think it's the architect who's to blame.
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
@@gunnar_langemark 🤔
@davidcopperfieldsny
@davidcopperfieldsny 10 ай бұрын
you can't fit anything in that refrigerator. I live in Manhattan and our refrigerator/freezer it twice the size and still too small.
@quesee08
@quesee08 6 ай бұрын
Good because its super expensive. Condo, Flats etc should be the proper living in Philippines given its land space but these developers never made it affordable for normal filipinos
@jaymontange8260
@jaymontange8260 Жыл бұрын
45K pp pesos equal $807.61 U.S.
@moirazzz01
@moirazzz01 Жыл бұрын
Hi Mergim!! 🫶🫶
@Investmentpunk1
@Investmentpunk1 4 ай бұрын
Can you rent these condos short term? 1 Months? 2 months or 3 months?
@VHughes-e3n
@VHughes-e3n Жыл бұрын
Whats average cost for a 2 BR 1 bath with tub and a balcony in BgC i notice most bgc has narrow living rooms and old ac and w/d units
@tolletstalesandtrails6051
@tolletstalesandtrails6051 4 ай бұрын
They are looking claustrophobic!
@luisboblincoinclyde
@luisboblincoinclyde Жыл бұрын
Watching your Premiere Video Mergim, just came from the New Uploaded Video of "Making It Happen Vlog" and "Josh Cahill"....
@emilyacana341
@emilyacana341 Жыл бұрын
It just too many condo’s everywhere.
@madronallovely
@madronallovely Жыл бұрын
Wow nice place
@FBICPS
@FBICPS 6 ай бұрын
Crazy prices!
@lcssay
@lcssay Жыл бұрын
45 sqm is basically the average 2 car garage in the U.S. 😢
@BransenPass
@BransenPass Жыл бұрын
Yes but not in the middle of new York or san Francisco or Chicago. Apartments like this are more common in those areas. Without garages.
@lcssay
@lcssay Жыл бұрын
@@BransenPass yeah, those are mansions there. 🥸
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
This is a CBD area. There are many high end villages in nearby C5 and makati..but they'll cost you far far more than condos. And their average sizes are 9,000sqf and up. Newly built homes are required to have a minimum of 5 car garages as well. Many have basement parkings. And they're sold on cash basis, no mortgages like in the States.
@willieshoemaker8680
@willieshoemaker8680 Жыл бұрын
You’re not comparing BGC two first world developed cities are you? Because Manila is not…
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
@@willieshoemaker8680 but bgc and makati are comparable.. business scale is smaller but amenities are about on par as for food I don't think makati and bgc lose out to sfo at all.
@BrotherDudeBro
@BrotherDudeBro 4 ай бұрын
View from a high rise condo is shiit. 45k rental is more than the salary of an average person.
@geraldespiritu8511
@geraldespiritu8511 Жыл бұрын
i like it!!!!!!!!!
@incaseofemergency6051
@incaseofemergency6051 10 ай бұрын
I travel the world. Other than CIA, I have no idea what 3-letter acronyms mean. If it's Bad Girls Club, count me in!
@rdi2077
@rdi2077 Жыл бұрын
What floor? How accessible is it to restaurant, shops and night life?
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
Entire BGC is a 15min neighborhood/CBD. You have everything you need 24/7 . Just across those condos is a mall and another street away is a large supermarket and across that are wholesome high end young people party clubs .. several of them. Check out videos of XYLO , etc Hope this helps. Cheers
@mikeg3281
@mikeg3281 5 ай бұрын
Probably got smart and headed to Thailand
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
Click bait title hmm..condos in that area are easily leased out!😅 Know of many who have units there fully leased out very short Listing periods too. It's a nice and more quiet area. Yet very accessible and right across hotels, supermarkets and malls. Also no Airbnb which is better! Bec less ppl moving in and out daily!
@WShan1966
@WShan1966 Жыл бұрын
Hahaha… you must own one trying to rent it out… I live here, way way way overpriced period… it’s why people are leaving…. 😂
@i-am-your-conscience
@i-am-your-conscience Жыл бұрын
Did he tell the prices? I couldnt watch it fully
@elperro3056
@elperro3056 Жыл бұрын
Passport bro what your favorite place in Asia is the 🇵🇭 cus English ? Or what ur deal living there
@JEPOYHEROBLOGG
@JEPOYHEROBLOGG 10 ай бұрын
Paranaque City IS ALSO VERRY MODERN IN THE PHILIPPINES
@qamtis
@qamtis 10 ай бұрын
What cost for association dues?
@John-vh3ig
@John-vh3ig Жыл бұрын
Main reason in my opinion is cost of living at BGC. No fishball like turo-turo/vendors is not allowed on its clean and modern streets.
@krisb-travel
@krisb-travel Жыл бұрын
I blame the fish balls too
@stereoheartsrnb
@stereoheartsrnb Жыл бұрын
@@krisb-travel those pesky fish balls ruining everything
@johng4093
@johng4093 5 ай бұрын
I didn't even know fish had balls 😂 This is sounding like "prairie oysters".
@TRICK-OR-TREAT236
@TRICK-OR-TREAT236 Жыл бұрын
THE CONCRETE COUCH FROM HELL ! 😂 🤣 😂
@travellolo
@travellolo 10 ай бұрын
Manila condos are overpriced vs. Bangkok and Vietnam. You can get a better apartment in Thailand for about 350, and the internet will be faster.
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