Is it good to invest in a condo?

[userfriendly]

^^ IIRC, when the building reaches the end of its life, the condo corp can vote to have it demolished. The land will then be sold along with any scrap value from the building. The sale proceeds will then be shared by the condo unit owners. I dont recall how many votes are needed and how the sharing is done (by floor area or by number of units)

10 units per floor is low density. If you will look at some lower cost condos, they have as much as 20 units per floor.

[shadow]

when was the last time nakakita kayo na demolish isang condo to pave way for a new one?

boybi, kung maganda terms..kunin mo na...

ganito lang yan, everything is a good investment basta afford mo and extra money...

[stickers]

when was the last time nakakita kayo na demolish isang condo to pave way for a new one?

boybi, kung maganda terms..kunin mo na...

ganito lang yan, everything is a good investment basta afford mo and extra money...

World Trade Center, NY?

[boybi]

when was the last time nakakita kayo na demolish isang condo to pave way for a new one?

boybi, kung maganda terms..kunin mo na...

ganito lang yan, everything is a good investment basta afford mo and extra money...

Until this moment, I've never dreamed of living in MM. If I need to stay for a night or 2, I prefer to stay in a hotel.
Kaya ko lang ginawa itong thread is to ask if ok ba for investment purposes mga ganitong condo, and baka in the
near future, I might find the need to stay in a condo, especially kung mag college na mga anak ko.

Kung madali lang mabenta mga condo units when the time comes, siguro it would really be a nice investment.
From the posts here, madami na daw mga tinatayong high rise condo units around the Fort and nearby areas,
so by the time na pwede ko ng mabenta yung unit, baka it will become a buyer's market na.

Also, magaganda na rin mga dorms near the good universities. baka mas ok pang dung nalang tumira mga anak ko
pag mag college na sila.

I've decided that I won't get into this kind of investment.

[vinj]

Until this moment, I've never dreamed of living in MM. If I need to stay for a night or 2, I prefer to stay in a hotel.
Kaya ko lang ginawa itong thread is to ask if ok ba for investment purposes mga ganitong condo, and baka in the
near future, I might find the need to stay in a condo, especially kung mag college na mga anak ko.

Kung madali lang mabenta mga condo units when the time comes, siguro it would really be a nice investment.
From the posts here, madami na daw mga tinatayong high rise condo units around the Fort and nearby areas,
so by the time na pwede ko ng mabenta yung unit, baka it will become a buyer's market na.

Also, magaganda na rin mga dorms near the good universities. baka mas ok pang dung nalang tumira mga anak ko
pag mag college na sila.

I've decided that I won't get into this kind of investment.

That's good as it seems that the condo isn't really for your needs... and yes, marami nang dorms and condos for rent near the schools (or in the schools itself) for your kids when they go to college. There are even boutique dorms now near schools such as ADMU which have shuttle services to and from the campus.

Pwede ka rin naman makitira sa mansyon ni Shadow pag nasa Manila ka. :D

[boybi]

when was the last time nakakita kayo na demolish isang condo to pave way for a new one?

Yung International House sa Ongpin St.

[shadow]

Yung International House sa Ongpin St.

leaning tower of binondo yan eh....

sinanla sa bank then foreclosed tapos binili ng mga foreign investors and ginawan ng bagong building...yan yun sa tulay diba?

[c_cube]

when was the last time nakakita kayo na demolish isang condo to pave way for a new one?

...

diba yun robinson sa ermta ganun. giniba yun lumang hotel yata tas ginawang condo.

yun nga lang hindi talaga siya condo tas ginawang condo hehehe!