What Every Buyer Needs to Know About Metro Manila’s Condo Oversupply

[@alexchua7936]

Clear ang paliwanag mo mabuhay ka

[@arvel5387-j]

Very informative yun video nyo sir Sed. Meron lng ako tanong, sinabi nyo na ang nangyayari ngayon sa condo oversupply situation at pagbaba ng presyo nito ay isang market correction. Meron din ba correction ginagawa ang BIR at yun local government units pagdating sa kanilang pinagbabasehan na zonal values or fair market values?

[@sed.lacsamana]

@@arvel5387-j Ideally dapat meron, pero because of the complexity in the bureaucratic process ng gobyerno, sa sobrang tagal para maidjust ang zonal at fair market values, nag fluctuate na ang prices bago pa nila matapos ang adjustment

[@3rdy170]

Hi Sed do more like this content about proper pros and cons analysis and types of investment in the philippines. Your channel will for sure believe me . Salamat po

[@sed.lacsamana]

@@3rdy170 Thank you for your support. This fuels me to create even more in the future.

[@HildaAganan]

What is your opinion about Amaia skies condo Sir?

[@sed.lacsamana]

Amaia is a reputable developer under Ayala Land Inc.

[@michellejue3199]

Bakit mahal pa din ang presyo kahit full payment? dba dapat mura bigay kasi wala na ang kawalan sa inflation?

[@sed.lacsamana]

Property prices offered by developer is pegged with the recent progression of cost of contruction materials, development cost and operational cost of the developer. We need to acknowledge that developers are businesses that prioritize profitability pa din po

[@petebngyn]

Developers have artificially increased their prices so BIR also increases the zonal values. zonal values will never go down because BIR is greedy. This is the fault of developers and speculators.

[@sed.lacsamana]

Shouldn't we demand accountability from the government as well for not doing their role in regulating the market accordingly?

[@RANZREALTOR]

Short-term solutions lang naman yung Rent-To-Own Terms kuno ng mga developers at ahente.. After the DP period (24 or 36 months) at hindi kaya magbank loan ng buyer, babalik ulit sa inventory ng developers yung mga units at makakadagdag na naman sa supply ng mga on-going condo projects.. Also, now palang nagsisimula maglabasan sa Market yung mga Bank Foreclosed assets

[@sed.lacsamana]

This is a good point. It is recommended with the developers to conduct extensive pre qualification measures before they accommodate new buyers. Thank you for sharing your insights.

[@cjgparas3]

Ang damidin akong kakilala na nirrject ng banko matapos mabayaran down.

[@RANZREALTOR]

@@cjgparas3 Yes, that's true.. Sa umpisa palang kasi ng process of buying property may mali na.. Some agents (and to some extent Licensed Salespersons and even Brokers) are making misrepresentation and not disclosing material facts sa mga buyers especially when it comes to the actual cost of financing. Dagdag mo pa yung Training provided bg the developers sa mga agents nila which is more focus on closing the sale (which hindi naman mali) and disregarding the interest and welfare ng mga buyers.

[@linkmarket9080]

Don't buy until after the crash happens the price could drop by 50%

[@sed.lacsamana]

@@linkmarket9080 you don't need to wait for a crash to do that. These deals exist even today.

[@linkmarket9080]

@sed.lacsamana way better to hold on to your money right not and wait, the market is too uncertain just rent for the time being until the downward trend stops. The deal you make today might turn into a regret if the market does eventually crash. An actual house is safer but condos are a bit more of a volatile situation

[@sed.lacsamana]

As long as you are operating under informed decision, every market condition provides good opportunities. Relying on hasty generalization without proper knowledge will put an investor in an disadvantageous position just because they are utilizing a one-size fits all formula ;)

[@linkmarket9080]

@sed.lacsamana not under current conditions its best to wait till the market correction has finished and buy when the recovery starts

[@linkmarket9080]

@sed.lacsamana there is no reliable informed decision in this case only a market correction is inevitable

[@MBihon2000]

2025-2026 will result a big crash, be patient, wait and see how low the prices of condos will go...

[@sed.lacsamana]

@@MBihon2000 Thank you for sharing your opinion.

[@Andy-s7y9x]

I think people like you are trying to downplay the condo crash for your own self interest just like in other countries. Its a risky investment on many levels

[@sed.lacsamana]

@@Andy-s7y9x if you view it that way, I respect it. But there are fundamentals in valuation that you can examine to trace the trajectory of the property values. I am not forcing anyone to believe me. I am one of the very few industry insiders who's willing to recognize that there is an oversupply. But it doesn't also mean that it is bad to contribute in the conversation of the condo market issue so that people can better weigh what to believe. I appreciate you effort to engage.

[@Andy-s7y9x]

@sed.lacsamana the fact that not a lot of people are talking about condo crash in your country but the same situation has blown up in the media overseas has got me thinking its being kept quiet.

[@sed.lacsamana]

@@Andy-s7y9x you are entitled to your own opinion. This issue is all over the news. Also, there indicators that are present if the market is approaching a crash. I am not sure if you understood the content of my video.

[@Andy-s7y9x]

@sed.lacsamana If the chinese communIst party could not stop a condo crash with an authoritarian government then I don't think there is anything that you can do if the situation is the same.

[@Andy-s7y9x]

@@sed.lacsamana if there are indicators of a crash you should be advising people to stay away from the property market.

[@metro2079-yy3vd]

Waiting sa market crash😂 para makabili na ako ng bagong property ❤❤❤

[@sed.lacsamana]

Good deals are already available in the market. You just need to start looking.

[@metro2079-yy3vd]

@sed.lacsamana yeah right get your point. but a market crash would still be ideal 🙏🙏🙏to force greedy developers to offer fairer pricing instead of capitalizing on inflated rates 😝

[@sed.lacsamana]

​@@metro2079-yy3vd if you have an available cash, I know developers who are now offering 40% to 45% off

[@metro2079-yy3vd]

​@@sed.lacsamana oh isee If developers can offer 40% to 45% discounts, it seems to reflect how much room there is in the pricing. Overpricing maybe?😅

[@sed.lacsamana]

​@@metro2079-yy3vdfor those who cannot afford, overpricing is a usual opinion.

[@andrelim4580]

Over supply of MID END condo ONLY but NOT HIGH END condo.

[@sed.lacsamana]

This is what they are telling us, but the government data tells us otherwise. The high-end market holds a better holding power not to sell compared to the mid-cost market.

[@cjgparas3]

Masyadong greedy. Unaffordable. From 40k per sqm to 250- 300++ per sqm. Kahit middle class di makabili. Daig nyo pa squatter area sa liit.

[@sed.lacsamana]

@@cjgparas3 Thank you for sharing your opinion. Clarify ko lang po, di po ako real estate developer. Whatever emotions that you may have, I respect that po

[@emelitaleh4874]

Pogo

[@RainSymon]

Bcoz of AI technology,magbabawas ng workers mga company like bpo,office worker tska merom na work from home...condo is not recommended for investors.

[@sed.lacsamana]

The assertion is not congruent with the argument. Assuming without conceding that BPO work will decline, it doesn't necessarily mean that condo's does not produce handsome returns for investors. If an individual doesn't know what they are doing, they are not advised to invest in anything that they don't understand at all.

[@Mao-Digs-Escariote]

overpriced pa din compared sa size ng unit. Same price pa din bentahan nila ngaun, nagoffer lang longer payment terms ala naman gaano pinagbago. yun mga nagbebentang ahente last 2 years na last unit na daw e hanggang ngaun yan pa din sinasabi.

[@sed.lacsamana]

Thank you for sharing your opinion.

[@franciscofletes1948]

An English version would be nice

[@sed.lacsamana]

Thank you for sharing your opinion. I leaned in speaking Filipino to make it easier to understand for the local investors.

[@3rdy170]

I like tagalog thank you more power. New subscriber po.

[@jaxxliamvenancio9313]

GAWA PA MORE NG CONDO

[@sed.lacsamana]

Thank you for sharing your opinion.

[@linkmarket9080]

Wait six months and you might get a bargain if canada is anything to go by. kzbin.info/www/bejne/noObmXSOnK-onpofeature=shared

[@sed.lacsamana]

This is what you get when you try to assume that you understand the intricacies of the Philippine real estate market. It's starting to become quite obvious that you did not even read the reports of the real estate research companies who produced the oversupply report.

[@linkmarket9080]

@sed.lacsamana trust the people who have the most to lose if the market crashes😂