Pinoys Average Budget in Buying a House

[_Cathy_]

How Much is the Typical Filipino’s Budget for Buying a House? | Entrepreneur Ph

On average, Filipino property buyers allocate Php1.5 million in their budget for purchasing a house, according to a study by real estate portal Property24.

The study, which surveyed 152 Filipinos nationwide, aims to profile the typical property buyer in the country. The data was compiled by the Philippine arm of Property24, a listings site for property developments. It is part of the OLX Group, which runs the country’s largest online listings manager.

“Based on the survey, the average budget of the buyer is between Php1.5 million and Php2 million,” said Ferdinand Perez, head of operations and real estate for OLX Philippines. “Yun yung sinasabi nilang willing silang igastos (That’s what they say they’re willing to spend).”

Property24’s finding coincided with recent data from real estate analyst Colliers International Philippines. In its latest report on the country’s residential market, Colliers found that 45 percent of pre-selling take-up for residential condominium units in the first half of 2017 were in the affordable and economic categories, which refer to units priced Php3.2 million and below.

Aside from average budget, the study also looked at the demographics of a typical Filipino property buyer. According to Property24’s data, 77 percent of those considering to buy property are female with an average age of 40 years old. A majority are married, employed and belong to the C2 socioeconomic segment or middle section of the middle class (See infographic)

Perez said that these findings point to mothers being the primary property buyers among Filipinos. He related this to how mothers are the typical decision-makers when it comes to matters of the household.

Property24’s network boasts the largest number of visitors for any real estate portal. Both Property24 listings and the property listings in OLX Philippines receive a combined two million page visits monthly, according to Perez. As well, the group generates more than 300,000 leads every month across both websites. (Property24 publishes listings from real estate developers, brokers and agents, while OLX lists properties being sold by other consumers.)

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[_Cathy_]

Mothers are typical decision makers? In bizarro world maybe or I must be born in the wrong era?

This is what uls is saying, karamihan ng pinoy husbands are domineered by wives

I'm so appaled that there are numbers that prove it.

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[Luap]

Mothers are typical decision makers? In bizarro world maybe or I must be born in the wrong era?

This is what uls is saying, karamihan ng pinoy husbands are domineered by wives

I'm so appaled that there are numbers that prove it.

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Happy wife happy life.

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[kagalingan]

Saan ba sila nag survery at ang daming under.

At hindi dapat babae nagdedecide sa pagbili ng bahay.

[MR_BIG18]

Mothers are typical decision makers? In bizarro world maybe or I must be born in the wrong era?

This is what uls is saying, karamihan ng pinoy husbands are domineered by wives

I'm so appaled that there are numbers that prove it.

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You wont get it...you are not married yet..even if i explain..you need to experience it

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[chronicle]

It is a decision by both husband and wife. Pero most likely mga wife ang nakikipag negotiate while on the process of buying since mas mahaba pasensya nila sa mga process.

Unless na lang na yang buong 77 percent na yan eh single mom.

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[Luap]

It is a decision by both husband and wife. Pero most likely mga wife ang nakikipag negotiate while on the process of buying since mas mahaba pasensya nila sa mga process.

Unless na lang na yang buong 77 percent na yan eh single mom.

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Me and my wife decided on it and she was the one who closed the deal, did the leg work in the registration and transfer because i was super busy most of the time. The title was named to my wife married to my name...so baka karamihan ng land title eh ganun kaya akala nila misis nag decide

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[chronicle]

Me and my wife decided on it and she was the one who closed the deal, did the leg work in the registration and transfer because i was super busy most of the time. The title was named to my wife married to my name...so baka karamihan ng land title eh ganun kaya akala nila misis nag decide

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Exactly. Kaya medyo misleading din yung survey.

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[jut703]

Anong mabibili sa 1.5M budget na bahay?

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[Luap]

Anong mabibili sa 1.5M budget na bahay?

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Pag ibig low cost housing. Eto o 2 units na mabibili ng 1.5M me sukli pa [emoji3]

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[MR_BIG18]

Anong mabibili sa 1.5M budget na bahay?

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My aunt bought a 300sqm in alfonso/tagaytay area..for 2000/sqm, the built a nipa nut cost around 70k, if we include the masonry works..cost around 200k, bathroom is modern and has an aircon, its a dream come true for her, coming from congested MM...

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[MR_BIG18]

How Much is the Typical Filipino’s Budget for Buying a House? | Entrepreneur Ph







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Depends on the location...just make sure the assesment value is less than 10m.

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[CVT]

We are buying another property in the next couple of weeks and have reviewed our options.

We met with the property owners and have tallied the expenses for comparison. I would give her the parameters for discussion. She negotiates and I approve.

That's using the strengths of each....

[MiaSandoval]

Milyones na ang presyo ng mga pabahay sa Metro Manila, pero merong Php400,000 basta willing ka sa outskirts like GenTri sa Cavite and Porac sa Pampanga.

Nag site visit ako sa GenTri Bella Vita (BellaVita - Real Estate Developer - Makati - 2,38 Reviews - 2,764 Photos | Facebook mura ng DP.

[_Cathy_]

Isn't it a scientific fact that men are better negotiators than women? There's a reason why men rule the world whether in business or politics...

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[yebo]

si cathy kasi ang ideal man niya nakasakay sa kabayo may latigo at espada. alpha male type. not many pinoys are like that. the modern pinoy males are more loving and caring than her ideal of the domineering male.

the pinoy norm, as i have observed in 3 generations of both sides of my family, is that both mother and father make the major decisions. in daily life the male displays his feathers for all to see and the female defers, but in the confines of the home the wife is always consulted and no decision is made until the kumander agrees. yan pa sa pagbili ng bahay it wil be the wife who will be managing it, dealing with neighbors, securing it the whole day while the man is away e hindi pwede lalaki lang magdedecide.

[MR_BIG18]

si cathy kasi ang ideal man niya nakasakay sa kabayo may latigo at espada. alpha male type. not many pinoys are like that. the modern pinoy males are more loving and caring than her ideal of the domineering male.

the pinoy norm, as i have observed in 3 generations of both sides of my family, is that both mother and father make the major decisions. in daily life the male displays his feathers for all to see and the female defers, but in the confines of the home the wife is always consulted and no decision is made until the kumander agrees. yan pa sa pagbili ng bahay it wil be the wife who will be managing it, dealing with neighbors, securing it the whole day while the man is away e hindi pwede lalaki lang magdedecide.

Yun ang kala nya....the household/kingdom is like the king and queen of a cheeseboard, the queen has more moves, the most powerful piece, sya ang strength of the king, but her power comes from the king, think marcos and imelda or bill and hillary..she protects the king, kasi pag hindi magaling ang moves ng queen, everything will collapse..that what she doesnt know..

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[SpinCycle]

The PH has been predominantly a matriarchal society.

If you survey PH families, you will see that the lolas, nanays, titas and ates take care of finances, make major purchase decisions, and manage the day to day activities of the extended family.

“A 2010 labor force survey indicated that 2.5 million Filipino women were serving in government, corporate executive, managerial, or supervisory roles, as compared to only 2.4 million men. Even more, over 25 million employed women are college graduates, more than double the rate of men, at just over 10 million. While men still dominate the total labor force, Filipino women find themselves in the driver seat, serving in natural roles as leaders, knowledge holders, and mentors”

- https://www.google.com.ph/amp/s/unre...ilippines/amp/


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[_Cathy_]

si cathy kasi ang ideal man niya nakasakay sa kabayo may latigo at espada. alpha male type. not many pinoys are like that. the modern pinoy males are more loving and caring than her ideal of the domineering male.

the pinoy norm, as i have observed in 3 generations of both sides of my family, is that both mother and father make the major decisions. in daily life the male displays his feathers for all to see and the female defers, but in the confines of the home the wife is always consulted and no decision is made until the kumander agrees. yan pa sa pagbili ng bahay it wil be the wife who will be managing it, dealing with neighbors, securing it the whole day while the man is away e hindi pwede lalaki lang magdedecide.

HAHAHA! I guess perfect match parents ko kasi Mommy ko ayaw talaga ini involve sarili niya. I asked my Mom why she let's Dad do all the decisions and she said "mas magaling Daddy mo e" This is the environment I grew up in kaya yun ang ideal ko.

May cousin ako na "under" (my lola heard the wife nung minura cousin ko) matagal na sinabihan ng Lola ko hiwalayan niya wife niya, move in with my Lola and she will pay for the annulment.

I hope it is NOT normal for wives na murahin asawa nila pag nag aaway?!?

The PH has been predominantly a matriarchal society.

If you survey PH families, you will see that the lolas, nanays, titas and ates take care of finances, make major purchase decisions, and manage the day to day activities of the extended family.

“A 2010 labor force survey indicated that 2.5 million Filipino women were serving in government, corporate executive, managerial, or supervisory roles, as compared to only 2.4 million men. Even more, over 25 million employed women are college graduates, more than double the rate of men, at just over 10 million. While men still dominate the total labor force, Filipino women find themselves in the driver seat, serving in natural roles as leaders, knowledge holders, and mentors”

- https://www.google.com.ph/amp/s/unre...ilippines/amp/


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Wow. This is new for me. I learn so much from Tsikot. All my life I thought the Philippines is patriarchal

I guess I am surrounded by anomalies or exceptions? Example: I'm close to our VP in Manila (Female), once we had lunch with VP from Europe (male), and we talked about family life. Our VP MNL told VP Europe that the Philippines is a Patriarchal society and women are supposed to serve their husbands, to which I totally agreed She is accomplished (VP), intelligent (UPd ENG) and attractive (40 something tall and slim) YET she acknowledges the fact na ang husband dapat talaga pinagsisilbihan. Magkasundo kami, she even gives me advise pag nag asawa na ko. And she gives me almost identical advise as my Mom! (eg don't argue with the husband). Fantasy ko talaga yung pagsisilbihan ko si crush, little things like cook what he wants to eat, massage ko, punasan pawis, lagyan ko toothpaste yung toothbrush, wake him up with ***y time and before sleeping hahaha! Dream life ko yan! Bahala na si husband anong kotse o bahay gusto niya lol

[yebo]

"I hope it is NOT normal for wives na murahin asawa nila pag nag aaway?!? "

17 years and counting and not a single bad word from me or her. not even once did we raised voices when we had disagreements. pag minura mo ang isang tao ibig sabihin wala ka na galang sa kanya. when respect goes the rest follow.


pero si digong araw-araw minumura ko.