Planning to invest in cemetery lots

[Mentis]

Am planning to put 70% of my emergency savings on cemetery lots.

Sell it after several years of keeping, is this a good idea for investing or not?

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[StockEngine]

Sounds ok, but majority cremate their loved ones nowadays.

[Mentis]

A year ago kasi, 52k lang ang single lot dun sa cemetery na kinunan namin ng lote now 72k na, kaya napaisip ako.

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[StockEngine]

A year ago kasi, 52k lang ang single lot dun sa cemetery na kinunan namin ng lote now 72k na, kaya napaisip ako.

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Its still a popular investment sa province... we bought two for my great grand mother and grandma. They're side by side. Takot mom ko kasi meron vacant na katabi hahahah

[Mentis]

Its still a popular investment sa province... we bought two for my great grand mother and grandma. They're side by side. Takot mom ko kasi meron vacant na katabi hahahah

Mentaledad na talaga ng karamihan yan, lalo na mga nakatatanda.
Pero at this age, very practical na talaga ang i-advance mo na dati ang paghahanda sa mga bagay na yan para na rin hindi na masyadong ma-stress pa ang maiiwan 😄

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[macsd]

Better yet, develop your own cemetery/memorial park. Buy a land say 2M per hectar , less 25% ( for road, sidewalk, spacing) that's 7,500 sq mtrs of land left x 50,000/sq mtr when sold = 375M per hectar. All you need is fencing ,few road construction , drainage, trees & lots of bermuda grass.

[benchman]

i was talking with my cousin while we're at wake with a relative. with this memorial chapel/s they charge the burol * 9K/day, that burol lasted for 9 days because the family are waiting for some people to arrive from abroad. that's 9 x 9k = 81k
i told my cousin, if there's enough money and a modest parcel of land,,, why not? and he agreed.

[1D4LV]

Am planning to put 70% of my emergency savings on cemetery lots.

Sell it after several years of keeping, is this a good idea for investing or not?

sent from Nokia 3210i

personally, i would invest 70% of my savings in mutual funds, stocks and bonds.
tingin ko mas ok ang yield.... mas liquid ka pa in case you need cash. madaling i dispose.

[_Cathy_]

Better yet, develop your own cemetery/memorial park. Buy a land say 2M per hectar , less 25% ( for road, sidewalk, spacing) that's 7,500 sq mtrs of land left x 50,000/sq mtr when sold = 375M per hectar. All you need is fencing ,few road construction , drainage, trees & lots of bermuda grass.

i was talking with my cousin while we're at wake with a relative. with this memorial chapel/s they charge the burol * 9K/day, that burol lasted for 9 days because the family are waiting for some people to arrive from abroad. that's 9 x 9k = 81k
i told my cousin, if there's enough money and a modest parcel of land,,, why not? and he agreed.

My Lola refused to sell our land because the buyer was going to make it into a cementery. Something to do with superstition We all felt like Lola's decision was acceptable hehe.

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[benchman]

My Lola refused to sell our land because the buyer was going to make it into a cementery. Something to do with superstition We all felt like Lola's decision was acceptable hehe.

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not all but most of them(the olds) kokontra talaga kapag ganyan na ang usapan

[Mentis]

Nowadays, hindi lang ang mabuhay ang magastos, ultimo ang mamatay sa pinas isang napakalaking gastos na rin 😄

And that's the real world in urban life!

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[dr. d]

not all but most of them(the olds) kokontra talaga kapag ganyan na ang usapan

"dugo namin ang dumanas sa lupang 'yan! tapos ay bebenta nyo para sa kondol na kayo manirahan!!!???"
"pano kung mag-ertkweyk, at gumuho yang kondol na yan..?"
heh heh.

[_Cathy_]

"dugo namin ang dumanas sa lupang 'yan! tapos ay bebenta nyo para sa kondol na kayo manirahan!!!???"
"pano kung mag-ertkweyk, at gumuho yang kondol na yan..?"
heh heh.

What's so funny is the land that my Lola refused to sell is my Lolo's inheritance. Wala siyang pinaghirapan dun

BTT Meron pa ba memorial plan ngayon? Ako lang wala sa family kasi di pa ko pinapanganak nung kumuha ng plan sa family ko

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[dr. d]

What's so funny is the land that my Lola refused to sell is my Lolo's inheritance. Wala siyang pinaghirapan dun

BTT Meron pa ba memorial plan ngayon? Ako lang wala sa family kasi di pa ko pinapanganak nung kumuha ng plan sa family ko

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get one, po, and make it easy on your survivors. it's not that expensive. just don't get the solid bronze one.
there's the memorial plan that includes casket and service only.
there's one that includes the plot only.
there's one that includes everything.
you get to choose between burial-food-for-worms and cremation-ashes-to-ashes.

[Mentis]

BTT Meron pa ba memorial plan ngayon? Ako lang wala sa family kasi di pa ko pinapanganak nung kumuha ng plan sa family ko

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In St. Peter Memorial Plan you can get as low as Php650/month in 5 year term, this include service + casket. Even you want to be cremated you'll still need a place to put your ashes. In a cemetery where my beloved father was laid, they ask Php35k just for a little vault where your family can leave your ashes.
IMO having own a plot is still economical, just like what I recently took, you can put a max of 2 fresh bodies and 4 bones or jars of ashes.
But of course, if you have a family mausoleum that would be much better. Its unlimited.

[CVT]

Are you asking this bro,- relative to the impending IPO of Manny Villar's Golden Haven?


"The measure of a man is what he does with power" LJIOHF!

29.2K _/_/_/_/_/_/_/_/_/_/

[yebo]

at Himlayang Pilipino the lot that my mother bought many years ago (20 years?) for 20k now sells for 375k.

a 4m x 6m plot good for 18 burials (4 under ground, 2 above ground and 12 bone crypts) now sells for 1.5M. di pa kasama dyan ang construction ng mausoleum. I am actually planning to get one, la pa lang budget.

if for resell, mabagal bentahan dyan, tulog pera. but if you are willing to wait a long time then why not. AND THERE IS NO REAL ESTATE TAX. not sure about capital gains tax but as what i saw at the himlayang office once, pirmahan lang sila ng deed of sale tapos na usapan.

for bone/ash crypts, the one 1 bought for my uncle 3 years ago at la loma columbary was 35k. now it sells for 55-70k (depends what floor and "floor" it is in the "condo"). eto pa mas madali ibenta kasi mas mura.

[dr. d]

you can't always cram as many remains as you want, in your plot. the memorial park has rules on the maximum number of remains allowed, usually based on the location in their estate and the size of the plot in question.

[yebo]

you can't always cram as many remains as you want, in your plot. the memorial park has rules on the maximum number of remains allowed, usually based on the location in their estate and the size of the plot in question.

well himlayang pilipino is selling it as such, a plot good for 18 where you are allowed to build a structure. so obvious hindi ito sa lawn area. specified nila of the 18, 12 are bone crypts and only 6 are for full size caskets. so ibig sabihin after a period of years (7 years minimum being the norm, this is what la loma columbary told me) the remains in the full size crypt is exhumed and the bones deposited in one of the bone crypts.

[dreamur]

This is one investment you wish will not liquidate in the short term.

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