Advise needed - is getting a Condo unit a good investment?

**Yatta** · August 4th, 2018 10:24 PM

So lomg as the developer followed the building code it should be alright.

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**kagalingan** · August 9th, 2018 01:27 AM

Kung may mabibili kayo kalahating milyon na parking eh bilhin nyo na. Paupahan ngayon eh depende sa location so around 4,500 - 7thou per month. So kung 500thou mo nabili eh meron ka at least 5thou a month. Hindi tutubo sa bangko yan. Eh paano kung pito parking mo, eh nag-aantay ka ng walang pagod at walang inaalala masisira unit kasi ano ba nasisira sa parking.

May type ako bilhan ng parking jan sa bandang rotonda kaso isang milyon na ngayon. Dapat binili nung year 2010. Sayang, 7thou ang rent ngayon.

**dr. d** · August 9th, 2018 01:36 AM

Originally Posted by kagalingan

Kung may mabibili kayo kalahating milyon na parking eh bilhin nyo na. Paupahan ngayon eh depende sa location so around 4,500 - 7thou per month. So kung 500thou mo nabili eh meron ka at least 5thou a month. Hindi tutubo sa bangko yan. Eh paano kung pito parking mo, eh nag-aantay ka ng walang pagod at walang inaalala masisira unit kasi ano ba nasisira sa parking.

May type ako bilhan ng parking jan sa bandang rotonda kaso isang milyon na ngayon. Dapat binili nung year 2010. Sayang, 7thou ang rent ngayon.

whereas before, baka puede pa,
the condo probably will not allow you to buy a parking slot, if you do not have a condo unit there.
some condos do not allow "stranger cars" to park inside their garage areas.

**kagalingan** · August 9th, 2018 12:16 PM

doc hindi talaga pwede pag wala unit.

kaya natutuwa ako sa ginagawa ng mmda ngayon na puro tow. Kasi dapat talaga mag-avail ng parking ang isang kotse.

**kagalingan** · December 9th, 2021 03:30 PM

condominium sobrang sobra sobra as in paano ko ba isusuperlative pa ang sobra sobra excesss ngayon nagbabagsakan presyo.

Kawawa mga big units wala umuupa so yari ka sa monthly dues.

There are jobs na pwede workfromhome. Magbabago na buhay hindi na kagaya dati pasok opisina bayad parking.

Ito gusto ko magbaratan condo para pwede na gibain.

**uls** · December 9th, 2021 04:22 PM

ang condo kasi ginawang investment product

parang bonds (bili ka condo to earn rental income = bili ka bond to earn interest)

since madami tao need investment product, developers are more than happy to provide -- they literally create investment products using steel and concrete

**ice15** · December 9th, 2021 04:22 PM

Originally Posted by kagalingan

condominium sobrang sobra sobra as in paano ko ba isusuperlative pa ang sobra sobra excesss ngayon nagbabagsakan presyo.

in fairness sa local developers...

yes, sobra sobra pero mostly, sold out na sila.

ang kawawa is yung buyers na nag-iisip na i-resell agad yung units or yung plan na mag-pa-rent

**dr. d** · December 10th, 2021 08:41 PM

considerations in buying a condo unit...
1. location.
2. location.
3. location.

look around and see if the current units are occupied by real people, or are empty.
the unit you will buy will probably be like them.

and oh!
get that parking slot.
hindi ka magsisisi.

**Lakwatsero** · December 11th, 2021 07:04 PM

Whenever friends and colleagues ask me if its wise to invest in a condo, I always ask them back. Are you going to live in it? If not, there's many other opportunities out there with much better returns.

Condos are a headache to maintain. Condo dues and RPT pa lang, kain na yung rental income mo. Tapos brokers fees pa if ioutsource mo paghanap sa tenants. I guess bawi na lang when it comes time to sell dahil sa capital appreciation.

**ice15** · February 22nd, 2022 10:10 AM

No respect to buyer! Injap Sia-Tan Caktiong’s Double Dragon refused to give condo title more than 3 years after full payment | Bilyonaryo

A sister of property developer Delfin Lee is seeking P10 million in damages against DoubleDragon Corp. (DD) of bilyonaryos Injap Sia and Tony Tan Caktiong for failing to provide her condominium title more than three years after full payment.

Under the law, developers are supposed to release the deed of sale and transfer of title within six months after full payment.