SM Residences - as investment?

**CVT** · March 5th, 2013 12:08 AM

So Green and Blue are out?...

18.4K:sun:

**vinj** · March 5th, 2013 09:10 AM

Nah, tuloy pa rin yan as in the case of Blue, it's already constructed and they've fought with the entire Katipunan community already so they gotta own up to it. I'd expect their future projects to slow down or be put on hold until they sell off and convert their existing inventory.

**CVT** · March 5th, 2013 09:20 AM

Originally Posted by vinj

Nah, tuloy pa rin yan as in the case of Blue, it's already constructed and they've fought with the entire Katipunan community already so they gotta own up to it. I'd expect their future projects to slow down or be put on hold until they sell off and convert their existing inventory.

Yes, I saw that the Blue building is also constructed....

Pero, itong Green,- hindi pa umaangat sa lupa...

18.4K:sun:

**gongrhey** · March 8th, 2013 05:30 PM

Hingi lang ako opinion dito.

May nag-ooffer sakin ng unit sa ADB tower sa may Guadix. Gawa na building at ready for occupancy in June. Balak ko ipa-rent as condotel since may option silang ganun. Medyo mahal ang unit since tayo na at 110k plus per sqm. At 30-70 sharing sa kita at minimum 20 days a month na may umuupa, bawi na ang pang monthly. 10% down at 12 mos zero interest, pag cashout pwede na i takeover unit, yung balanse pwede daw sa Pagibig.

**dreamur** · July 2nd, 2013 03:58 PM

So we have a recent accident at serendra which could be due to gas leak. Until now they are still cordoning the place. Is it really safe to invest in a condo that has centralized fuel system like those in the global city area? Big projects are mushrooming the place!

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**kotiko** · July 2nd, 2013 04:58 PM

One of the investment heads from a reputable global bank who did a recent talk in our workplace did not use the word "investment" when asked about SM condo units...

Certainly it's hard to say that a cramped 20sqm SM unit is something that'll return you some money, unless you can rent or utilize it effectively.

**Retz** · July 3rd, 2013 10:44 AM

^

matagal din ROI mo sa condo units pag rent.

**vinj** · July 3rd, 2013 11:00 AM

Originally Posted by Retz

^

matagal din ROI mo sa condo units pag rent.

Hindi ROI ang habol when you rent out a condo. It's cash flow; rental income supports the amortization/overhead of the condo purchase and maintenance, to cover the increase in your asset base. Usually, you will get your ROI if you sell it at a profit (whether you flip it or sell later on when you have no use for it).

**crazy_boy** · July 3rd, 2013 11:29 AM

Originally Posted by vinj

Hindi ROI ang habol when you rent out a condo. It's cash flow; rental income supports the amortization/overhead of the condo purchase and maintenance, to cover the increase in your asset base. Usually, you will get your ROI if you sell it at a profit (whether you flip it or sell later on when you have no use for it).

also, before "investing" in a condo, dapat bilangin mo din if yung income that will be generated from the "investment" is higher than the interest rates of other form of investments.