TBS | Home prices stable, but mid-market faces challenges - expert

  Рет қаралды 46,676

One PH

One PH

Күн бұрын

Пікірлер: 287
@jerryG-p3w
@jerryG-p3w 4 күн бұрын
I was there in 2021 and 2022. I looked at a lot of condos in Manila and cebu. I am a retired American and make about 600k pesos a month. I thought the condos were way overpriced for what you get. Some of the common problems I noticed were. 1. Very unprofessional staff 2. Mediocre amenities 3. Poorly maintained buildings 4. Noise from outside 5. Noise from inside 6. Very small units for what you pay Just not worth it in my opinion.
@esmiraldagovlogs3775
@esmiraldagovlogs3775 3 күн бұрын
I agree with you very much. Buying a house or condo is a big rip-off practice in the Philippines. I end up not buying one.
@jerryG-p3w
@jerryG-p3w 2 күн бұрын
@@esmiraldagovlogs3775 they sell them to the poor to middle fills who get them as status symbols and don’t know how to analyze an investment properly. It took me two seconds of looking at the numbers and the units itself to know it was not a good deal.
@DaniTwin-g1b
@DaniTwin-g1b 17 сағат бұрын
Try houses in Laguna.
@Natalialyf
@Natalialyf 13 сағат бұрын
yup! not worth it!
@notyourbestie
@notyourbestie 6 күн бұрын
I would love a condo in the metro. However, walang sure balik yan sa investment. I'm not gonna pay 5-10M for a shoe box!!
@jerryG-p3w
@jerryG-p3w 4 күн бұрын
That’s the real issue and is never discussed. This guys talked for More than ten minutes and said basically nothing. Now that the Chinese pogo things are gone the prices will come down fast. Foreigners won’t buy them either. We see the same thing you do.
@noeminoemi1350
@noeminoemi1350 4 күн бұрын
The ROI will be very tiny .it won't make sense to buy them as an investment.
@airplanebuilder8685
@airplanebuilder8685 4 күн бұрын
Rents are going down, prices for second hand condos will follow, too. Do not buy brand new ones. This guy is pumping up new condos since he has a vested interest in new construction/development. The way they describe mid-market, isn't affordable for the middle class.
@mywayyourwaychannel53
@mywayyourwaychannel53 4 күн бұрын
Mlki p shoebox MO tingin Ko s condo s Pinas posporo Ng gagamba.
@chucky882
@chucky882 3 күн бұрын
middle class condos are as big as hospital rooms
@darkboard5556
@darkboard5556 6 күн бұрын
With POGO's exit and the looming collapse of BPO because of AI, and this guy is telling us that the over supply of condos is temporary. No sir. You are out of touch.
@marvinreyes4407
@marvinreyes4407 6 күн бұрын
its in his best interest to cover up the collapse how would he sell?
@loreleifajardo2430
@loreleifajardo2430 5 күн бұрын
What do you expect from a developer 😅
@jekzapico3834
@jekzapico3834 5 күн бұрын
David go home, you are drunk😂
@Didi-z6u
@Didi-z6u 5 күн бұрын
The market is obviously flooded with more inventory than demand can absorb, leading to stagnation in sales and an increase in unsold unit, prices have shoot up beyond what the average buyer can afford, disconnecting from local income levels and economic fundamentals. Even OFW and foreigners are staying away from buying. WTH 😂 is this guy talking about.😅
@skibongki
@skibongki 5 күн бұрын
Self-interest, mga oligarchs na sila. Real estate developers na sila, they also own banks pa. So it is a win-win for them.
@adriangorgonio2072
@adriangorgonio2072 6 күн бұрын
6:05 I'm sorry but I shed no tears for this level of greed.
@kapihannibeshie9634
@kapihannibeshie9634 4 күн бұрын
Exactly !!!!
@Somellier6969
@Somellier6969 6 күн бұрын
Since when did a condo worth "up to 20 million" become middle market? So say a middle class employee takes out an 80% loan 15 yr loan at 7.5% for a 20m unit, that is about 150k per month for 15 years for mortgage. If a bank will approve this loan, you would have to earn at least 450k a month net. Since when is that "middle market"?
@darkboard5556
@darkboard5556 6 күн бұрын
They are thinking by american standards. US education gives you that
@ballhawking101
@ballhawking101 6 күн бұрын
​@@darkboard5556 are you sure? They shouldve adjusted the numbers to the ph context.
@Ken-bz7kj
@Ken-bz7kj 6 күн бұрын
Who earns 450k in Ph haha . Philippines is out of touch with reality. Poor infrastructures, sky high utilities and food prices, unstable government and full of corruption. How can they justify charging millions for shoe boxes?
@Grizzisnothome
@Grizzisnothome 5 күн бұрын
Most condo developers were probably raised in the USA or some other expensive ass country and MAYBE forgot to adjust prices when staying in the Philippines 🙄
@richardalcantara3359
@richardalcantara3359 5 күн бұрын
Kung congressman ka madali lang yan 450k
@junvaron123
@junvaron123 6 күн бұрын
Developers kasi mga ganid sobrang minamahalan ang kairasong area ng condo unit nila. Kung tutuusin kumita sila noong pandemic dahil maraming nakahulog ng down payment na hindi nagtuloy dahil nawsalan ng trabaho. Hindi naman nila yun binalik yung mga pera na naihulog kinamkam nila tapos hindi sila nagbigay ng matagal tagal na palugit kinancel na nila agad noong hindi na maituloy ang bayad.
@johnv9910
@johnv9910 6 күн бұрын
@@junvaron123 ung mga villar matindi land grabbing sila
@noeminoemi1350
@noeminoemi1350 6 күн бұрын
at paliit ng paliit mga unit. parang mga closet na lang ang size. napakacheap low quality pa ang mga material at fixtures na binibigay.
@johnv9910
@johnv9910 6 күн бұрын
@ sa cavite panay townhouses to lower the cost tas ang liit ng flr area at lot area
@ren3059
@ren3059 5 күн бұрын
pano walang regulation ng gobyerno puro focus sa past admin
@johnv9910
@johnv9910 5 күн бұрын
@ren3059 ask mo jan si Cynthia Villar bawal kontrahin ang batas nya para sa paggawa ng mga subdivision
@noeminoemi1350
@noeminoemi1350 6 күн бұрын
Of course it will decline, they're ridiculously overpriced. Yes you can keep raising the prices to the moon to millions and millions every year, but who will afford to buy them?
@marvinphillips1326
@marvinphillips1326 6 күн бұрын
Same as the USA 🇺🇸. Over priced houses and condos sit empty for months, some even years, with no buyers. Wages can’t keep up with rising home prices.
@andrelim4580
@andrelim4580 5 күн бұрын
mid end condo lng nag declined prices ng condo, dahl sa POGO exodus, kac WLA na biggest renters, pero sa mga high end or Luxury condo pataas ang prices, Hndi afected ng POGO exodus, kac NO POGO will rent high end condo, kac mahl, hal 47 sqm na mid end condo nsa P10M-P13M, Pero sa high end condo nsa P18M-P23M depende sa area at saan malapit,
@feelsand_LLC
@feelsand_LLC Күн бұрын
just wait for the real estate bubble burst
@noeminoemi1350
@noeminoemi1350 6 күн бұрын
Maybe they should make condos affordable for the local wages and not for foreign people and foreign wages. What's the good of housing if the average citizen cannot afford it. that's a recipe for slums to develop.
@darkboard5556
@darkboard5556 6 күн бұрын
They don't care
@noeminoemi1350
@noeminoemi1350 6 күн бұрын
@@darkboard5556 yes I know, the developers and oligarchs in the Philippines are on another level of out of this world greedy. They bought up all the prime lots too raising the prices of land , making it unaffordable for the rest of the masses and then they build condos that are the size of a shoebox and charge millions and millions for it.. And they will not lower prices they will just hold on to it forever even if it rots. Same with mall owners oh wait they are one and the same.
@megantaylormichaels
@megantaylormichaels 4 күн бұрын
Problem is government is allowing other countries develop property here. Also ban foreign ownership of condos.
@noeminoemi1350
@noeminoemi1350 4 күн бұрын
@@megantaylormichaels Yes I know Singaporean Chinese are making condos there and they're adopting the business practices of local developers of build very tiny and charge super millions.
@Abelius
@Abelius 3 күн бұрын
Well, I'm a foreigner who soon will rent to live there, and I can tell you I'm not willing to pay the current asking prices.
@inmyoppinion2
@inmyoppinion2 6 күн бұрын
Gusto lang ng mga developers na to bumalik mga pogo workers para mapataas nila ulit cost ng rent and housing. Ibaba nyo para sa mga working class na Pinoy. Nag iingay kayo kunwari lugi pero hindi naman.
@Western-3rdSt.
@Western-3rdSt. 5 күн бұрын
Ano kaya ang katangian at hitsura ng isang condo unit para sa mga working class Pinoy? Anong size? Materials na gamit? Lawanit ba?
@peterseah5587
@peterseah5587 6 күн бұрын
My advice to Filipinos is don't just look at the amortization price, if the contract price of the property remains high or the same, don't buy.... developers are blindsiding you into believing that it's cheaper by stretching the amortization period, instead of reducing the contract price
@s0ul.starr_2
@s0ul.starr_2 4 күн бұрын
Correct!
@Abelius
@Abelius 3 күн бұрын
Yup, I only could laugh when he tried to deflect the question with that "It's never been easier to get skinned alive!" 😝
@bryanbambao
@bryanbambao 6 күн бұрын
26sqm for 8Million
@alexchua7936
@alexchua7936 6 күн бұрын
Many investors selling their units at below market values
@jazzyjeff-q6n
@jazzyjeff-q6n 6 күн бұрын
Developers make market prices high everytime. So investors get to profit even when selling below market prices. 😂😂😂
@jerryG-p3w
@jerryG-p3w 4 күн бұрын
Pretty soon it will be straight up defaults. People will need to choose between eating or an overpriced condo that they hate anyway. Walking away is the best option.
@edieiyon
@edieiyon 6 күн бұрын
Ayaw pang aminin ng mga Developer na talaga namang napakamahal para sa mga Filipino. Akala nila maloloko nila ang mga foreign market eh mga wise ang mga yan pag dating sa mga ganyan. Sa kanila na mismo nang gagaling na hindi worth for the money yung mga condo na ibinebenta ng mga developer as far as quality at size para nga nmang match boxes at kpag minalas ka may mga tulo kpag umuulan sa unit mo.
@Gmode09
@Gmode09 3 күн бұрын
I AGREE..OVERPRICED!!
@amherstia4031
@amherstia4031 6 күн бұрын
the cons of the POGOS whether they are involved in illegal activities or claimed to be not will always be greater than the pros. the women you mentioned that deals card virtually getting healthy salary is the work we dont need for women in the country as most are educated and will be willing to work hard to have a decent work and progressive career, so don’t tell us POGO caused the crash or even is one of its significant contributor, because it is not..what caused the crash is GREED period. NO to POGOS no matter what.
@jetvdna5449
@jetvdna5449 6 күн бұрын
Yes to POGO No Western 💩 in Asia!🎉😊
@gbl0711
@gbl0711 6 күн бұрын
The fear is just starting. This guy is obviously trying to pump a beginning of a declining market. Yes you shouldn't time the market but you also shouldn't catch a falling knife. Don't take advise from this guy. He's just deep in RE investments and he don't want to bleed.
@darkboard5556
@darkboard5556 6 күн бұрын
He is just trying to salvage his career
@johnte4192
@johnte4192 5 күн бұрын
yup he is an EXPERT kuno... he lost his credibility long ago... wat else can we expect from a salesman... pabago bago ng salita.. ok yung RE tapos dili na naman oki.. tapos oki naman... ahahaha
@RLFrocco
@RLFrocco 4 күн бұрын
Developers need to stop building condos!! Metro Manila is just filled with too much high rise residential.
@jhustbie
@jhustbie 6 күн бұрын
We dont need POGOs. Period
@jetvdna5449
@jetvdna5449 6 күн бұрын
We needs POGOS THEY'RE CHEAPER THAN WESTERN 💩 💩 😅.
@reylauresta3836
@reylauresta3836 6 күн бұрын
No....😅😅😅 this is good for more filipinos to make the property market more affordable to most filipinos... we don't need your Pogo
@Ken-bz7kj
@Ken-bz7kj 5 күн бұрын
@@jhustbie ask BBM he said he banned pogos. But pogo websites are still online 😂
@BigNate82
@BigNate82 6 күн бұрын
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments
@ClaudiuDenis-hp4pf
@ClaudiuDenis-hp4pf 6 күн бұрын
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Robert! Imagine i invested $50,000 and received $190,500 after 14 days
@katiekilbo
@katiekilbo 6 күн бұрын
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
@MianHussnain-tu1wi
@MianHussnain-tu1wi 6 күн бұрын
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Robert L Cox.
@icucmerc
@icucmerc 6 күн бұрын
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@MA-KEJointVenture
@MA-KEJointVenture 6 күн бұрын
Cox demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
@pauldannelachica2388
@pauldannelachica2388 6 күн бұрын
That's all right if it drops. Have you seen china real estate market. Real estate in the philippines become slower because the population is declining no more baby boomers
@docmemphis2760
@docmemphis2760 6 күн бұрын
Minopolize na kasi ng mga developers ang mga real estate kahit magpagawa ng sariling bahay mahirap na kasi kinuha nila lahat ng lupain
@JD-io8kd
@JD-io8kd 6 күн бұрын
Don't make it seem like POGOs is a good thing. Tumigil nga kayo. POOR journalism! 🤮
@marvinphillips1326
@marvinphillips1326 6 күн бұрын
Same thing in the USA. Housing and cars are unaffordable. So what happens-nobody buys. The question is who’s going to cave in first? Will it be the buyer or the seller?
@Gmode09
@Gmode09 3 күн бұрын
TRUE!
@Anonymous-xq3cd
@Anonymous-xq3cd 6 күн бұрын
Yung mga OFW or nasa ibang bansa tulad ko na may investment rental property sa PH, I think the best way to mitigate this is to pay off fully yung property before deciding na mag for good sa PH. Para kahit ano mangyare sa economy, mabakante man yan ng ilang buwan, or bumaba man yung renta, ang mahalaga wala nang mortgage yung property. Yung mga mini fees na lang yung babayaran tulad ng HOA and whatnot. Tapos kahit bumaba ang price ng rent, positive pa din magiging cash flow niya kasi paid off na siya. Kahit bumaba ang rent at bawasin yung mga dues and HOA, positive pa din.
@Ken-bz7kj
@Ken-bz7kj 6 күн бұрын
Uu bili ka 5m+ tapos ung mag rerent na local p15,000 lang budget haha ang ROI mo mga 50 year lol. Bumili ka nalang sa abroad at pa rent mo mas maganda pa.
@cyberassassin4
@cyberassassin4 5 күн бұрын
may real estate tax pa + association dues + maintenance. di worth it bumili ng condo unless may gagamitin ng mga anak pag nag college. baka naman after 10 years mag normalize kung di sobra mag build build build ang mga property developers
@HansLotap
@HansLotap 6 күн бұрын
Sobrang mahal ng benta ng mga developers. Sobrang OP. Grabe ang liliit ng lupa at bahay pero ung presyo grabe ung overprice. Matatawa ka nalang e
@kapihannibeshie9634
@kapihannibeshie9634 4 күн бұрын
Or maiiyak ka sa inis . Grabe talaga sa Pinas !
@HansLotap
@HansLotap 4 күн бұрын
@kapihannibeshie9634 ung mga nakikita ko na mga townhouse na mga bahay. 45-50sqm lng ung lot area tapos price is nasa 4m pataas. Grabe ung presyo. Tapos outside metro manila pa un ha.
@kapihannibeshie9634
@kapihannibeshie9634 4 күн бұрын
@@HansLotap Dito sa USA pag sinabing milyon nasa prime area ka . Meaning every year tumataas ang price ng property mo at kikita ka talaga. Very sad sa Pinas !
@CasaDePapel352
@CasaDePapel352 4 күн бұрын
You should also invite the consumer group representative, not only property consultants.
@franksom4300
@franksom4300 6 күн бұрын
Philippines needs to attract more foreign investors to invest in the country. Fix infrastructure, a reliable source of energy and electricity. BPOs will be replaced with AI within 2 years. Then, we'll have more vacancy in the condo industry. Jobs jobs jobs!!!!
@megantaylormichaels
@megantaylormichaels 4 күн бұрын
Bad idea. Ban ownership of condos with foreigners. Ban foreign investors in ANY real estate. Chinese will bleeding this country dry.
@Benpani716
@Benpani716 6 күн бұрын
30k per sqm cost of per sqm kapag nag pa kontrata.. Pero 100k ang bentahan..
@vender68
@vender68 4 күн бұрын
good the condo prices were going ridiculously expensive and overpriced its a good correction
@Anino1265
@Anino1265 6 күн бұрын
Madalas na ittong news. May nag pupush cguro na bumili tyo ng condo. 1st put new law to regulate real estate. Then make it tranparent to all. Hayaan mo yun market mag correct. Overpriced lahat ng real estate.
@ballhawking101
@ballhawking101 6 күн бұрын
After the pogo left, the real estate market is self-correcting now. The developers just do not want the levels to which it is correcting now.
@dantorres506
@dantorres506 5 күн бұрын
Please don't ask the lawmakers to come in, they always screw things up. Tama na yun sinabi mo na let the market correct itself.
@pj.chiba01
@pj.chiba01 5 күн бұрын
@@ballhawking101 exactly they wanted to retain their prices as if the purchasing power of filipinos could afford those.
@qs613
@qs613 6 күн бұрын
karma!!! such a small space tapos napakamahal milyon haha... lol.
@PauPauPauPauPauPau
@PauPauPauPauPauPau 6 күн бұрын
yes they BSP didnt capture all, and its much worse than you think... it will show in a few months.. tf you saying its stable... tell it to the marines
@solabee9799
@solabee9799 6 күн бұрын
ThE BIG PROBLEM OF THIS COUNTRY IS GREED!!! AND THE GOVERNMENT ARE PROTECTING THE BIG GUYS. THAT OUR OWN KAPWA FILIPINO HAVE SUCH STRUGGLES TO OWN A LAND, A HOUSE OR A CONDO. AND THEY HAVE TO GO OUT OF THE COUNTRY TO FIND A JOB. THE DEVELOPERS ARE already THAT FAT OF THE PROFITS THEY MADE.
@alaaa1794
@alaaa1794 5 күн бұрын
Rent to own condo scheme a smart approach to homeowners?
@Jasper-sn6fm
@Jasper-sn6fm 3 күн бұрын
I don’t think the real estate or the condo market in the Philippines or NCR will recover sooner than you David thinks. They are overpriced, because the price is controlled artificially over inflated by the top 4 large companies. Their build quality is very poor, workers wages are way below the inflation, the banks don’t lend money because they are overly exposed in real estate debts and lastly the government doesn’t have any concrete plans to stimulate and grow the Philippine economy, they are all so busy how they can be re-elected.
@zero1breaker
@zero1breaker Күн бұрын
Condo and housing price are too high and it increase insanely fast that doesn't match the local income.
@rolliexmuckod813
@rolliexmuckod813 6 күн бұрын
🎉🎉 Happy New Year!
@cmartin1170
@cmartin1170 6 күн бұрын
The guy is a typical developer capitalist, of course he makes this sound like POGO exodus is a bad thing. It's bad for his wallet. Also, advising you to just "work harder" to earn more. It's not that simple, but for sure works better for large corporations like his. Very bias and disappointing choice of guest. Hosts did not even challenge the guest. Put in some real journalists in the show.
@jamessantiago4498
@jamessantiago4498 6 күн бұрын
Very well said
@notyourbestie
@notyourbestie 6 күн бұрын
True. One sided
@margauxchu2194
@margauxchu2194 6 күн бұрын
hosts are useless, need more journalist that can ask the right questions without script - this guy is biased and not relaible, issue is simple, condos in PH are overpriced. Stretching the payment terms is not the solution, they shouldnt be greedy, set the price at reasonable price
@Western-3rdSt.
@Western-3rdSt. 6 күн бұрын
So who do you have in mind? I’ll wait.
@cmartin1170
@cmartin1170 6 күн бұрын
@Western-3rdSt. You sound like someone who would say edi "ikaw nalang mag prisidinti" I will not spend time researching for a resource person BUT I suggest a resource person that at least is NOT a real estate developer with most of his net worth depends on how high the prices of houses and rent are, regardless of the consequences.
@NewB2025
@NewB2025 6 күн бұрын
No to POGO
@jetvdna5449
@jetvdna5449 6 күн бұрын
Yes to POGO NO to Western 💩 in Asia! 🎉🎉
@Vincenzo285
@Vincenzo285 6 күн бұрын
8080 magtanong ni Gretchen. asking something that is very obvious
@darkboard5556
@darkboard5556 6 күн бұрын
They (journalists) all do.
@noahreniva4520
@noahreniva4520 4 күн бұрын
Kasi madami rin bobong nanonood na need pa ispoonfeed ang obvious ^^
@melairamoso4116
@melairamoso4116 4 күн бұрын
make condo units and other housing affordable to middle class it will solve these problem.
@MichaelGonzalez-sz1dp
@MichaelGonzalez-sz1dp 18 сағат бұрын
We went and looked at condos and they wanted more for a small space than I could get in vegas on the strip in a nice location with all the good infrastructure. Maybe if they get the basics right such as hospitals and traffic it maybe more attractive to those with bigger budgets to invest here. We decided to just buy a huge farm lot in the province and will build a house that I could fit 30 of those condo boxes in for half the price.
@wall-e9962
@wall-e9962 6 күн бұрын
i think developers held on to the higher selling prices for new units. It is the resale or secondary sale that has gone down.....
@TheBeast-pm4uk
@TheBeast-pm4uk 6 күн бұрын
condo units are very expensive and over priced! work hard tlaga. stupid advice from a biased property consultant. make all condos very affordable. like 1M only for 1 bedroom, and less than 1m for studio unit. do that if u want all these condos to be sold.
@treblanogara2289
@treblanogara2289 2 күн бұрын
david leechiu is just talking about supply but he isnt talking about REAL not projected demand which in reality dictates prices now .
@cloudy_kit0
@cloudy_kit0 5 күн бұрын
No average Filipino can afford condos because they're overpriced and loan interests are high! Prices needs to be regulated and assessed fairly.
@Benpani716
@Benpani716 6 күн бұрын
I think there is more bad news coming specially this year 1st second quarter
@kantoterror6165
@kantoterror6165 6 күн бұрын
For condo, u need to pay for parking apart from assoc fees monthly and yearly. Magastos
@bernardmailman8018
@bernardmailman8018 6 күн бұрын
Sana maging mura na ang pabahay sa pinas para makapamili na ako ng bahay❤❤❤❤
@christiansantiago9234
@christiansantiago9234 6 күн бұрын
The Real Estate industry is hyper-localized. What happens in one city does not necessarily mean it will also happen in other areas. In our condo project, all towers were sold out since May 2024. I was anticipating it will cool down for a bit but it didn't And still tenanted for years already. Perhaps location and HABU (Highest and Best Use) case of a property really affect its sales in the long run.
@DaniTwin-g1b
@DaniTwin-g1b 17 сағат бұрын
It's good if prices of properties go down. So, I can buy and choose from several choices. Since, it will be a buyer's market, instead of sellers market. It's simply a price adjustment so prices reflect reality.
@bernardmailman8018
@bernardmailman8018 6 күн бұрын
Why is lower property prices a bad thing? We want lower prices in everything we need and use. Its no different with property. Definitely good news for us consumers.
@theworthy9411
@theworthy9411 5 күн бұрын
Dapat kasi government nakikipag kumpetensiya sa pagbuild ng condos, hindi puro private lang para may option ang mga Pinoy, tulad dito sa Korea. May apartment na mamahalin meron din naman abot kaya na gawa ng gobyerno. Matagal na namayagpag ang mga ganid na developer ayan ang balik ngayon sa kanila. Ang mahal ng mga condo, ang mahal pa ng assoc. dues. kakapirasong unit overpriced.
@olboe2008
@olboe2008 5 күн бұрын
BPO bird told me company lost 50% of business because of AI already! this together with POGPO ban is a double whammy to condo market!!!
@joeyballaman
@joeyballaman 2 күн бұрын
Well no one can afford and cost to value doesn't seem to be worth it
@positivetradingofficial500
@positivetradingofficial500 4 күн бұрын
Prices are not the problem. I recently tried to buy a home in Philippines and the biggest challenge was the rate of the mortgage. Lets say price of the house is 3mil and obviously not many people have 3mil cash on hand so they want to pay for 15,20 year or more, so by the time 20 years pass the total payment will equate to 6 or 7mil.thats ridiculous.
@bryanbambao
@bryanbambao 6 күн бұрын
sa price ng condo ngayon makakapagpatayo ka na ng bahay at 2 door apartment basta may lote ka na
@knightshade6232
@knightshade6232 2 күн бұрын
This is good news lower income families can now afford to buy houses ... May this continue till the very poor can also avail a dicent home...
@bernardmailman8018
@bernardmailman8018 6 күн бұрын
Great news. We need house prices to come down❤❤❤❤
@richardalcantara3359
@richardalcantara3359 5 күн бұрын
How much ba dapat yung salary ng target buyers nila ng Condo units?
@viclr33
@viclr33 5 күн бұрын
I don’t believe the mid market - specifically house and lots priced 3 - 10m will have a problem. They are usually first time buyers. They are getting land and a house. Studio condos priced that way in metro Manila yeah sure. Those can go.
@rahkista
@rahkista 6 күн бұрын
A unit in Cebu in a business district is 9M for 18sqm. No thanks
@pjanicattheisco6991
@pjanicattheisco6991 3 күн бұрын
Good! Please let the dip continue further! Real Estate companies have been operating at extreme greed. Its time for them to sell their expensive dog houses at a fair price.
@goplayaccount9538
@goplayaccount9538 6 күн бұрын
If the developers are really generous, why not sell it at a lower price? The problem with extended terms is the value remains high and that condos are only valued 10 to 12 years.
@nedergubis2638
@nedergubis2638 4 күн бұрын
This is good,
@ramontangjr.808
@ramontangjr.808 3 күн бұрын
This headline is misleading. Metro Manila is not the Philippines.
@konataizumi8350
@konataizumi8350 3 күн бұрын
Metro manila prices are overpriced.. prices outside metro manila however it's a different ball game.. Expect increase in prices for properties outside metro manila. People are opting to buy houses outside metro manila now. Supply is lower hence prices are continuously increasing
@1375chelsea
@1375chelsea 3 күн бұрын
House and lot properties posted by developers are so overpriced that the listings have been sitting on the market for years I am aware how much construction costs so I know when a property is overpriced. As for condos, I have been discouraging my friends in buying them. Not really a good investment
@Benedicta1630
@Benedicta1630 5 күн бұрын
Work Harder? Yung iba halos hindi na natutulog kaka overtime. Kahit naman patayin ang katawan kung ang sweldo mo minimum wala rin. Wala namang ginagawa gobyerno sa contractualization. Yung mga tycoons kuno na yan puro contractuals ang iniemploy. Kaya lalong palaki ang kita nila. Pero kung magsalita akala mo hulog na langit sa mga Pilipino.
@kojibu
@kojibu 6 күн бұрын
I love the jab at Colliers haha "Who?" 😂
@alexchua7936
@alexchua7936 6 күн бұрын
Biased 😂😂😂😂😂😂😂😂😂
@TheKamotechunks
@TheKamotechunks 5 күн бұрын
pucha, inasahan ni Leechui ung demand sa BPO industry. wow!!! very logical and credible. expert nanaman ba to?
@freedom341
@freedom341 4 күн бұрын
grabe napakamahal x4 na noong 2019
@Jtabssssss
@Jtabssssss 6 күн бұрын
Greedy. Overprice. Low quality.
@johnv9910
@johnv9910 6 күн бұрын
OMG single detached ung binibili ko hindi pa magmumura un
@acounttemporary5017
@acounttemporary5017 6 күн бұрын
Dapat wait mo muna magsibaba ang presyo saka ka bumili. Sayang din kasi yung matitipid mu.
@edmontardecilla3056
@edmontardecilla3056 6 күн бұрын
para akong nabunutan ng tinik ng mapapayag ko ang asawa ko na icancel na namin ang pagkuha ng condo . bayad na ako ng reservation . ng mapagtanto ang lahat 😂 ok na yon kahit hndi mabalik . kesa maipit sa investment kuno na OP . share experience lang po ✌️
@inamorta47-playertwist
@inamorta47-playertwist 5 күн бұрын
Fakenews.. its still so high
@adelinesy1722
@adelinesy1722 6 күн бұрын
Leechui sympre pina positive maawa tao . Sarili iniisip nyo. Tell the truth!
@edselrodriguez1073
@edselrodriguez1073 4 күн бұрын
Buy local support local business
@dokdias
@dokdias 6 күн бұрын
I'm curious if this will also affect regular home construction? Will the price of materials go down since demand is down Edit: video title already answered my questions 😅
@GabbyClark-f6p
@GabbyClark-f6p 6 күн бұрын
Although it hasn’t gained traction yet but AI, which is improving by leaps and bounds, is going to pose a challenge on the BPO workforce. The customer service companies and others that offer low skill BPO jobs, are going to be replaced by AI whether they like it, or not. The savings on operations are going to be significant and will require no onboarding or training of a workforce when there is manpower churn. Wala pang papansin sa comment na to now but wait a year or two and the sector is going to start feeling the crunch. This will challenge the rental market.
@M3thM3th
@M3thM3th 5 күн бұрын
I agree with you. I saw a short video of a tech CEO who plans to replace agents with AI.
@markjuanson1456
@markjuanson1456 5 күн бұрын
Overpriced and an irritating activity in the PH is that propertues are being sold at pre selling price to Brokers, Agents, Bulk Buyers who immediately put them up on the secondary marlet at an overpriced rate.
@christopersambeli6566
@christopersambeli6566 6 күн бұрын
pumutok na ung mga bula sa pabahay
@feelsand_LLC
@feelsand_LLC Күн бұрын
di Talaga ako bibili ng 27 sqm for 6-7 million, buti pang house and lot outside city
@joeyballaman
@joeyballaman 2 күн бұрын
1 bedroom= 1 mil peso period
@darylluis3090
@darylluis3090 4 күн бұрын
Yung iba dito ROI agad iniisip eh para saan ba ang reason bakit ka bibili ng bahay? Diba para may matuluyan ka o ang pamilya mo? Kung mag iinvest ka for business I think condo is not worth it since madami ang supply kesa sa demand.
@jjhomeandlifestyle
@jjhomeandlifestyle 6 күн бұрын
Mr bs, we are in recession
@atodmoto
@atodmoto 6 күн бұрын
mas may sense ito na interview kesa dun sa kabila na gusto lang maka benta.
@cyberassassin4
@cyberassassin4 5 күн бұрын
mababa interest rates pero loan interest ina adjust yan yearly kaya pag tumaas ulit interest rates mag adjust din babayaran. repriced ang mortgage loans. kung fixed yan at walang repricing magloan na ako
@Seis87648
@Seis87648 4 күн бұрын
Does the Philippine housing market think everyone works for the government where salaries are 6 digits and bonuses are being given every 1 or 2 months?
@markuchiha7737
@markuchiha7737 3 күн бұрын
It's increasing
@adelinesy1722
@adelinesy1722 6 күн бұрын
Sabi ni collier 5 yeasa
@evangelineque9388
@evangelineque9388 6 күн бұрын
They wanted the pogo back
@alvinlibra115
@alvinlibra115 6 күн бұрын
Good for ordinary working Filipinos!!!
@untr3gg3rd
@untr3gg3rd Күн бұрын
I'm still expecting a crash, and do it ASAP. the prices doesn't make any sense at all. buyers are mostly people using it for renting
@ren3059
@ren3059 5 күн бұрын
greedy developers hope the government regulate them
@ButchoyOne
@ButchoyOne 6 күн бұрын
Mahal pa rin po ang prices nila tapos i-loan pa, kung papasa ka sa requirements. After 10 or 15 years, millions na rin ang naibayad mo sa interest pa lang.
@chakho8548
@chakho8548 5 күн бұрын
Taasan ang tax for those who own more than one residential homes or condos. Ma-cocorrect iyan.
@Keithfangore
@Keithfangore 4 күн бұрын
Thank you govt for removing pogo now the property crash has begun
@armiardanas998
@armiardanas998 4 күн бұрын
Pilipinas lang yan too expensive hindi nman US na ibang iba ang lifestyle dito
@Luceroloop
@Luceroloop 6 күн бұрын
Urbanization of every district's gusto maging katulad ng BGC tayo ng tayo di na anticipate ang demand over supply
HUWAG TULARAN ANG BAHAY NG NURSE NA ITO
14:51
Oliver Austria
Рет қаралды 350 М.
Quilt Challenge, No Skills, Just Luck#Funnyfamily #Partygames #Funny
00:32
Family Games Media
Рет қаралды 55 МЛН
99.9% IMPOSSIBLE
00:24
STORROR
Рет қаралды 31 МЛН
VIP ACCESS
00:47
Natan por Aí
Рет қаралды 30 МЛН
We Attempted The Impossible 😱
00:54
Topper Guild
Рет қаралды 56 МЛН
Is the Philippines Condo Crash Near?
13:47
Mergim Vlogs
Рет қаралды 120 М.
Magalong decries 2025 AKAP budget as pork barrel | Storycon
19:02
8 BIGGEST LIES ABOUT PROPERTIES
11:08
Chinkee Tan
Рет қаралды 546 М.
What will happen to house prices in 2025? | The Business | ABC NEWS
28:14
ABC News In-depth
Рет қаралды 336 М.
At least five dead as wildfires tear through Los Angeles
12:22
Quilt Challenge, No Skills, Just Luck#Funnyfamily #Partygames #Funny
00:32
Family Games Media
Рет қаралды 55 МЛН