Metro Manila condo market hits 29-month oversupply
ฝัง
- เผยแพร่เมื่อ 9 ก.พ. 2025
- After hitting a 29-month oversupply, the property sector in Metro Manila is expected to recover following the central bank's policy easing.
Su Jin Kim reports.
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It’s too expensive and too small compared to other Asian countries and that’s the effect of greedy mentality
All over Phillipines. Sell a few with max instead of selling many with small profit. Not good for society. There are many reasons why ph is one of the poorest SEA nation.
True, Sa malaysia 3+1 rooms pa nga condo, kapresyo nang studio sa pinas. What the helll happened😢😢😢
Oversupply because all the foreigners who worked in the Gambling industry has left the country. They are the buyers and renters on these condos. Good job Baby M.
Japan has smaller condo and hongkong
Ayala is all about greed at inflated prices. Only investor or speculators buy their 50,000 per square meter lots and few if any homes are ever built. A good example is Nuvali marketing commuters to Makati, sitting in traffic for their 1.5 hour daily commute just one way and 300 pesos of tolls each way on SLEX. 😢
Don't bother borrowing money from the bank to buy a condo. Let the bubble burst for the condo market.
I think this wouldn't burst soon. There still few who can afford like OFWs with large remittances & foreigners
@@snowhite1qazse4 keyword, "few"
I agree soon living in condos would be like living in a tenement
65k amortization 10 years to pay sa BPI sa computation ko for a 31 sq meters sa DMCI
@acosta829 im in a 32k per montg amortization 20 years to pay. The trap is the interest rate it could be up for 3 or to 5k next year. Depending on what the bank likes lol.
Nakakatawa mga prices sa pinas😂 pang first world yung presyo pero yung quality pang hampaslupa
legit HAHAHAHHAA
Legit
hampaslupa karin kasi dmo afford nggaagah
So true. 😂😂
@@jessamaelorenzo3432makapag salita amp HAHAHAHA di mo nga alam measurement ng sqm eh 💀
It’s too expensive! 3BR for ₱20M!? Wala pa parking yun! I hope it burst soon!
Exactly! Unlike dito sa Korea pag bumili ka matic may nakalaan na parking.
@@SeaofThieves_7 vs average income.. You know nothing! You think all apartments here are built by private companies? Average 1M usd?
1br yung 20m. I viewed one near Estancia mall. 1br nila na 60+sqm is 18m.
@@janmichaeldavelao9389 Pathetic, insanely overpriced pricing.
Overpriced condos! Id rather rent and built in the province.
The problem with these condominiums here in Metro Manila is that these developers SMDC, DMCI keeps constructing and developing condominiums with foreigners as their main target market.
Space is small and yet expensive. In the next coming years there will be more vacancies of condo units as Filipinos can no longer afford to buy it. Government is somehow useless in regulating these companies.
@@malachi0000009 oversupply but not ready for occupancy evergrande in the making and besides pre-selling condos are even more riskier than ever before ,how motivated are construction workers are now it's cheaper to hire chinese workers than filipino workers
P.ease delete the last 4 words. Then your post becomes much more true
@@asdsad7015Eto ang nakakatakot sna hndi umabot ng ganunp🎉
@@llothar68 True, we don't need Govt. regulations. Make it a free market , let the market decides. As a Filipino working abroad and near retirement, I would not buy condo as a retirement home. The size of these units turn me off, I don't want to live in a closet size bedroom.
Anong let the market decide? Yan epekto ng letting the market decide@@jeffreyrivera8158
Philippine condos are so expensive that they only need to sell 30% to cover all costs. Even the quality is not on par with the prices they're asking now.
some of the build quality is barely above a tondo slum. That's an insult to tondo slum dwellers too.
@@zealman79 I agree, many condos are also experiencing plumbing issues, such as water leaking into the ceiling. Even 20-30m pesos condos have poor construction; they just cover it up with good interior fittings
seriously? so the margins are 200%?
ang mamahal na nga ang papangit pa hahaha tapos napakaliit pa
Kaya nga, mas afford mo pa mag condo sa spain keysa giyan sa makati o bgc tapus sa Barcelona subrang ganda pa ng view at hindi masyadong traffic kaya subrang garapalan talaga ng mga negosyante giyan sa pinas.
18sqm for 12k/month yata or higher hahahahahaha
Build build build ng condo units that the average Pinoy employee can't afford
true, kahit manager pa, hndi kakayanin nsng sweldo
Ha??? These condos were not owned by Philippine Government..so hindi yan build build build..imbento ka..
@@reybas8971hindi naman talaga, sino ba nagsabi na govt mga yan? Ibig sabihin niya gawa ng gawa mga private developers. Di naman govt nag coin ng term na build build build lol, imbento ka
What? Those are private condos... They're not built by the gov
Average filipinos are not the intended market though
Condo in the Philippines are not for Filipinos, this developers expect foreigners will go frenzy on buying over price condo here in the Philippines, and now they are crying for improvement of transportation, that's why our government are doing a lot of build build build, to please them and get a lot of kickback on this project. When are education, medical and Filipino minimum wages are still suffering heavily
The PH law is flaw.
There's an over supply of workers, but there is not enough job opportunities and job creations for minimal supply of employment.
The PH law restricts the marketplace flow of capital, be in domestic and international, it also comes with heavy regulations, bureaucracy, and protectionism that favors the large corporations - competition amongst the industry kills the development in every industry thus stifles job creations and employments.
except those foreigners are not buying.
Better transpo is needed whether foreigners come here or not. Why isn't there a train going to NAIA and along C5?
@@promentheusmaximusgearzone7787 exactly, also include the heavy weight of taxation law here in PH, that's why mostly international only invest in BPO industry because it's a lot cheaper to do it here, but when it comes to manufacturing and other industry they stay away here because of heavy tax, electric cost and corruption. small businesses is hard to strive and stay for long, Imagine ur not earning anything yet from your start up business and govertment and LGU are already milking you with so much fees and tax, when u can use it for your daily operations and reinvest it in your business.
Because Filipinos keeps voting the wrong candidates when election comes. You have the family dynasties, and the corrupt candidates always run for a government seat to do more corruption once voted in. A recycle of corrupt politicians that goes on and on and on. STOP VOTING THESE TURDS. Then you have movie actors or actresses running to become politicians. I mean seriously? These idiots dont even know the Philippine Constitutions how much more running for public Office. There is only one person that I know who took the time to study Public Policy at LaSalle Univ. he is no other than Vico Sotto. An uncorruptable honest Mayor. I wish he run for President someday. An honest, righteous, and God fearing man. I wish there are many politicians like him.
oversupply and super expensive
There is no oversupply, it just no one's buying it in a very high interest rates environment.
If what they are saying there is an "over supply" of condos, then they would eventually take the losses and sell it at very low prices to compensate to be sold, instead of waiting for the interest to get low.
@@promentheusmaximusgearzone7787 you have no idea how awash with money the developers are.
@@darkboard55562m for 1br and 1bath is the ceiling price for me, based on the prices of condominium units in the early 2010’s but now, 5M for the same cut of unit is stupendous and greedy 😏😏😏😏 So much markup for so little area.
As a Filipino American I thought about buying a condo in the Philippines as an investment but apparently it’s very very hard to re-sell a property in the Philippines so basically If you buy then it means you’re stuck with it. Haha bye!
Yes it is. You really have to lower your price a lot to resell.
Most people aren't willing to fork out 18+k a month in rent for a shoe box to live in, when they can rent a whole house for that price.
I agree. It’s better to invest here in the U.S than in the Philippines. If the property is priced well here in the US , you’ll get an offer for your property in a matter of a week or 2 and then get it closed in a month.
abusulutely your money will be stuck and you need to sell at a lower price
My friend's Fil-Am clients bought for rental income. One client has 4 properties now, 3 with tenants. One has 2. She can't afford to buy a property in San Francisco. They plan to retire here. There was a window before Covid where early buyers of some projects were able to sell more than double their purchase price. But yes, generally, it's hard and costly to re-sell condos. One reason is the high transaction costs and taxes. It's not a flipping market. I'd only buy one if the price is well below market, has good property management, and has good rental income. There's still opportunity for the rentals because the Philippines has a huge housing backlog.
The sad reality of property ownership and real estate industry here in the Philippines is that real estate companies only prioritize selling to expats and foreigners, especially in NCR. Affordable housing are only available on locations 5+ hours outside of Metro Manila.
Just a few days ago I was watching on TH-cam condos for sale in BGC. There was one for 3 bedroom selling for 300 Million Pesos or in USD its $5,181,000.00 . The unit was not even spectacular & the asking price was 300 Million Pesos, seriously? If you buy that kind of amount in Manhattan, New York City or San Francisco, Ca. Where I'm from, that amount of money would be a spectacular condo which includes 1st. Class furniture & state of the art bathroom & kitchen. The one I saw on TH-cam with 3 bedrooms & 2 baths in BGC looks ordinary. The furniture looks cheap & no drapes or automatic window dressing. Electric Burner top & stove looks ordinary too. How in the world did they priced it so high when the place looks ordinary?
I am from Honolulu and was thinking the same thing. I just smiled and thanked them for their time and promptly got the hell out of there. I looked at quite a few as well. I actually have multi-million dollar properties and those are 300-500k at the most. Which is exactly who they should be building for. If they sit long enough they will have no choice but to lower the price.
Don't get me started on a closet size space they called bedroom.
@@LemProbsi bet your townhouse is made of wood. Sub par icondos in the philippines are made of concrete unlike in keneda
Never underestimate human greed😂
@@teekbooy4467sure enjoy living in that concrete sh*thole you call a condo
LOL, the prices of condo in the Philippines is still high.
Who the hell wants to pay for an overpriced bartolina?
Most of these are less than 30sqm, probably smaller, tapos usually nasa 4-5 million pesos?
In this economy? Hindi nga tumaas sahod ng mga tao.
Titira nalang ako sa labas ng manila kung ganun.
Condo's have been marketed as an investment or passive source of income by turning it into an air bnb or for renting but in realty, its not. Id rather purchase a land with title. Dont be fooled.
@@urekmazino5125 sales pitch ng mga agents hehe kawawang buyer
And yet, rent prices are high af LOL
Walang over supply, it just people are not buying condos due to high cost of interest rates.
If there is an "over supply" they would start selling it at lower costs, but they're not doing it because customers are not buying frenzy of condos.
This is market correction on condo developers taking advantage when government let them borrowed them cheap money, and selling them at high interest rates because the party has stopped from borrowing cheap money, thinking the consumers would be still su***kered on condos, as high interest rates at peak.
No one is renting tho lol
My friend is trying to lease his unit in pasay, even he tried to lower the price still no one is renting.
@@hotpot5517 you should see these condo sa Mandaluyong. May nag-aask pa ng 20k for a studio unit. 😂😂😂
@@promentheusmaximusgearzone7787 capitalism supply/demand rules don't work well on real estate for may reasons. These rules are for industry and goods where you just can't wait it out
@@hotpot5517That is even worst. Renting out unit by owners still have to compete the high costs of over heads and other fees. High interest rates environment is not encouraging.
The price is not just the problem. It’s the association fees that are as expensive as Western countries. Without proper infrastructure the Philippines shouldn’t really ask such high real estate prices. Hotel fees are also ridiculously high compared to Bali for example.
Seems to have gotten worse after the pandemic. Explains why tourism never rebounded. They're heading to greener (not to mention cheaper) pastures😂
too small and super expensive, gusto lang kumita ng developer
Property crisis in the making. . Good for buyers of the future.
Condos in Manila are WAY over priced compared! Cheaper in Thailand where the quality is also better.
Expensive and hindi kaya ng mga ordinaryong tao
Ang condo naman kasi design yan para sa mga mayayaman
@@vonn8973umm no, condos are not supposed to be a luxury, they're supposed to act as housing units, condos are the number 1 housing market for cities around the world and to make it luxury is stupid
@@vonn8973ofc exception kung ang target ng condominium ay for luxurious purpose pero we have too much of this na that it becomes a problem
@@koppii2trueeeee, i just don't know what these stupid mfs developers thought lololol
@@koppii2It is made to be a luxury by our filipino culture and the current market.
Sa simula lang maganda tingnan yung mga condo na yan. A lot of 10+ year old condos looks very dirty and ugly now and maintenance is generally horrible.
hindi na maintain ng mga developer, ganid sa pera, dapat may batas na sapilitan na icheck mga buildings taon taon saka sitahin mga developers at parusahan
Thats where the hoa or condo fees come in
@@eadex360 mahina pa estado natin sa bagay nayan. hindi nga maka pag compete gobyerno natin sa mga private sector eh
There would be even more supply if the government encourages companies for its employees to work from home to lessen the traffic congestion.
Buti nga!!!!
Too expensive. Too much greed on the side of developers
condo bubble about to burst
Haha. Same with China😅
Philippines cannot afford these Condominiums.. And the foreigners don't like all the rules and regulations.. They choose to live somewhere else in Asia. So this number is just going to go up !!
Napaka miopic using loss of POGO as the cause. Chinese at expats lang ang maka bili ng condo nyo. Wala kayong pake na ang average Pilipino hindi maka bili. As it is right now the average Filipino can't buy property because the Philippines has the lowest buying power in Asia ang taas taas pa ng taxes. Kung gusto nyo puro foreigners lang ang nakaka bili, eh di na gentrify na ang Pilipino sa sariling bansa. In 3 generations parang Hawaii na tayo... Ang mga locals, walang pag mamay ari sa sariling lugar.
This is true.
Daming residence ginawang paupahan na hindi maibenta
This is not oversupply but overpriced! Thailand, Indonesia andVietnam condos are way way cheaper than in Metro Manila. Sobrang mahal! In fact, BGC is one of the most expensive in the world.
Mga Chinese kasi ang target ng mga developers. Pero nag offload na ang mga Chinese dahil sa economy nila at ipapasara na ang mga POGO by end of year. Madaming property ang matetengga nyan lalo na dun sa may Aseana area dahil hindi sya accesible unless may kotse ka.
Yes, Chinese were the main targets and that's always been the case, however because of the POGO ban that was just renamed (scatter and other e-sugals) so that they can have the share of the gambling pie, but that has bigger consequences as no one wants to buy condo's anymore, very expensive and no investors want to invest in the Philippines. It could have been different but rather things fall apart because of the entire senate,congress and the president (most of the Senate are also liberal)
With one ban, it lead to an exodus and now Philippines is in a dire economic downfall (hyperinflation and economic crisis) and what's worse is that there will be no bail out as the biden administration will be out and that's it.
Magtataka ka bakit sold out ba yung mga units habang kakatapos lang building. Yun pala may namumuhonan na binili ang daming units. After a few months mag reopening kuno and selling the condo units at a higher price. Ayan greedy nyo kasi. Yung end user yung kawawa. Ang mahal ng units.
obvious naman na false advertising lang. para lang makabenta.
Nung pre-pandemic, sa announcement pa lang ng project ubos na agad yung slots for foreigners kasi pinakyaw ng mga Chinese. Agents even go to China to find buyers. Pero after pandemic halos nawala na ang mga Chinese buyers kaya pahirapan na magbenta. Kahit mga OFWs konti na ang bumibili. Landed property na ang mainit ngayon kaya lalong nagiging hindi affordable ang bahay sa ordinaryong tao.
Corporations shouldn’t be allowed to buy residential units.
False advertising...pwedeng may bumili rin kasi mura pag pre selling..
Like in BGC. I've heard 60% of BGC is empty. But the rents are still very high.
Many of those units are likely already fully paid. So as long as everyone is charging the same rent, kebs lang.
thats the best news ever!! Over priced units and the wise buyers who can afford it wont pay that. I do hope the bubble burst so I can buy a place and retire in PI.
Very small and expensive!
9% interest rate? Tapos, wala pa sayo ang susi, nagbabayad ka na ng mortgage…hell no, thank you.
The bubble Needs to burst. The prices are astronomical even for foreigners.
I’ve foreseen this before. Tagaytay properties are next. Halos lahat ng properties dun for sale na.
Tagaytay? I didn't know that. can you explain a little more about why you think that?
I live in tagaytay and work in Manila. The growth of tagaytay the past 10 years has tripled easily. So much commercial area now. Unless taal gets angry again, manileños will always plug up the main road w/ their luxury suvs to take selfies at Starbucks bc of the view.
@@BeatsbyBlanch /manileños will always plug up the main road w/ their luxury suvs to take selfies at Starbucks bc of the view./ HAHAHAHA I actually went there with my sedan on a weekday (monday) and a weekend (sunday) and wtf indeed the difference
Make it more big and cost efficient people will buy.
Inflation and overpriced units. Also, the Philippines has one of the costly condos in the world. Mas okay pa sa provinces. It's about time to decongest Metro-Manila.
Im in Manila now as a foreigner, Bangkok just feels better in every aspect of infrastructure and convenience, the problems developer face to get buyers is due to the lack of concern from the government in improving the quality of life in this city
over supply of condos pero parang hindi bumababa ang presyo..even repossessed cars ang dami pero persyo taas pa din. hintay pa din ako bumaba presyo..
I hope its not going to be like China where the housing bubble has been going on since after the pandemic. There are around 50 million condos & houses setting empty with no buyers because China economy is on deflation now.
The condos & townhouses in the Philippines are way overpriced even in major Provinces. Compare that to Bangkok, Thailand where condos & townhomes are priced well & still affordable for local Thais to afford & buy these units. Most of the units I have seen in Bangkok are not shell unit condos but rather are equipped with fixtures including fridge & burner top/stove. It is also equipped with installed a/c .
no control from our government,most politicians has a rich kid mentality and out of touch on the situation, i wish if there is some politicians with common sense,
The good thing is those condos were privately owned. The problema in China is more serious because the company is state owned. CCP literally used public funds to save it from collapsing.
Who can afford these condo units anyway?
We dont need more condos, we need public housing for lower income families
we still need condos, our lands are limited nowadays, maybe instead make it affordable that even low income families can afford it and make salary higher from the help of the government than wasting it to corrupt politicians
Theres a lot in cavite but you have to travel 3 hours 1 way
LOL! 19 sqm for PHP 3M, 24sqm 1 BR for PHP 5M...mabagsakan sana kayo ng mga building/condo nyo na super duper overpriced.
It is too expensive even for a 24 Square meter. Pilipino people can't afford it.
Plus the increasing annual real estate taxes and association dues 🤦🏻♀️
thats what iam thinking about, metro manila condominium are overprice and its so damn many
also i think the price of land in metro manila will decrease in the next 5 years...
Interesting comment why do you think land in metro manila will decrease in the next 5 years? What would cause a reduction in value?
@@market1019 bcoz of climate change..metro manila is sinking..mabilis bumaha na unlike sa bgc and too much traffic
@@market1019 and the NSCR train project
Possible if the economy goes down,
but then counter arguement is infrastructures will be finishing up and running in 2030,
MRT 7,
Metro Manila Subway,
NSCR
LRT 1 extensions
Metro Manila could be finally catch up a bit with these new infrastructures
Too expensive all over the Philippines with unrealistic value
Unbelievably small space for over 2M???😂😂😂😂😂😂. We’re no idiots.
Good!!!!
I cancelled my transaction due to over price and too expensive of maintenance, high cost of utilities, taxes and fees… and within the area drugs and crime has gone up.
Su Jin Kim improved a lot. Sount like CNN reporter already.
Thank you!
condos are not for living but for renting 😢😢 thats the reality
Oversupply and yet, still overpriced🤨
There is no need for the Pogo to come back!
Sqft is too small for foreigners to want to buy unless your older or single and theres to many buildings
Small space and too expensive! Some 2br/3br cost millions that can buy house & lot.
lol and they're still overpriced and the build quality is awful. And the transportation is terrible. QC may as well be on the moon sometimes in peak hour traffic
Bubble will start to burst
Subpar quality builds vs asian countries like Thailand, Vietnam, overpriced for the size vs other asian countries too. Too much greed paired with less quality overall--> why would u buy these????
Aral sa mga Ayalllaaaa kasi
Bought a pre-selling unit when exchange rate P46-$1 USD in 2021 and paid last June P58 -$1. I saved almost $34,000.
Kasing laki lang ng shoebox tapos ang mahal. 😂😂😂. Buti pa bumili ng lupa sa province. Then patayuan ng bahay for retirement.
condos designed by stupid architects and greedy developers.
Grabe kamamahal. And grabeng mahal pala ng parking spot dyan,kelan ko lang nalaman, akala ko kasama na agad pagbili mo ng unit.
After the end of POGOs, condo bubble is starting to burst and prices will be corrected. Patience pa sa mga nagplaplan bumili, wait lang kayo.
ai sus patuloy pa rin naman ang POGO, nirename nyo lang ang iba, dami pa sa Pasay
All I can say is buti nga sa kanila. Overpriced na lahat diosko unregulated na talaga ang lahat sa Pilipinas.
New Developments are overprice. Price per sqm in Mandaluyong is rediculously high of 190k - 250k per sqm. This is just a mid range condo and not luxury condos. Even if the financing cost is 0%. Only few can afford it.
I bought a condo in mandaluyong in 2019. With a price of 110k per sqm. Now the price is already 190k per sqm.
Sabayan pa ng pag decline ng population. Lalo pababa ang demand.
Metro Manila is a hot cakes for condos for middle upper class above and expats.
But high interest rates is correcting the so called artificial "over supply" of condo developers.
The "over supply" is meant the condo developers are losing its investments on the condos they built that wasn't sold out, and with high interest rates, the need to compensate it is to lower the prices and take the losses, rather than not being unsold and empty.
If there is really an "over supply" of condo units, then wait for it to have the developers to take losses and sell it at a nice discounts, then those developers realized easy and cheap money doesn't get the economy prosper.
but those developers are normally part of conglomerates they can play a "waiting game" like SMDC
The bubble is about to pop.
If the condo market is oversupply why are they still pre-selling condos
Mga nasa pipeline na yan few years ago pa. Icheck mo gaano na katagal sila nag pre-selling, baka ilang taon na pala pre-selling pa din. May minimum kasi yan bago nila simulan ang construction. Ganyan ang nangyari sa property market sa China madaming projects ang hindi na nasimulan o natuloy kasi kinulang sa buyers hanggang sa mabankrupt ang developer
Oversupply but still insanely overpriced. 🤣
They're greedy.They over invested.
They are still expensive
Tooo expensive!!!!
Because it's too expensive !!!
And what people are also not understanding when you have this over supply it causes these buildings to go into disrepair being that not enough residents are paying for upkeep and maintenence. Just my 2 cents.
I was going to buy a condo in Manila around 2022-23. I stayed at a lot of different places. What I noticed that I didn’t like aside from them being very small and overpriced. Is that they all have very bad customer service, poorly maintained amenities and grounds, and they’re extremely noisy both inside and outside. What really turned me off is how bad the people who work there conduct themselves. Very unprofessional and disrespectful to guests/tenants. I saw that all over the country. I decided to take my money and invest in other things. Also, you have no rights there. Too many red flags.
Karma to the greedy.
OVERPRICED!
Oversupply yet prices keep skyrocketing.
Bugok kasi mag regulate ang gobyerno, sige bigay nga nila ng permit pero mga seevice roads naman hindi lumuluwag o nadadagdagan, dami talagang sablay. Tapos gobyerno hindi makasabay sa pagpapatayo ng high rise apartments or condo sa mga private companies. Unlike dito sa Seoul city, may option ang mga tao, branded na apartment o mas murang apartment na gawa ng gobyerno.
I'd rather travel for hours and live in a bigger house with my own parking lot. Condos are for convenience only
Grabe tinaas ng condo. nung college ako way back 2005 nasa 1.5M lang 31 sqm kasama parking. Sold it for 4M nung 2017 when we went abroad. eastwood area.
lol if not for POGO it wont reach 4M - Marikina Valley Fault spot yang EW
Matagal pa bago recovery ang real estate sector
Too freakin expensive
Over supply
Pero super over price p rin
Negosyanteng pinoy
d bale malugi
Kesa nmn maliit lng tubo
Well, who wants to live in a small tight box? The size of these condos are very small yet very expensive.
Manila condo are over inflated. It can only be bought ng mga foreign investors yet! the developers didnt consider na ang average sq meter ng condos sa ibang bansa ay around 500-1k plus w higher ceiling dahil malalaki sila. Condo sa pinas are like tiny homes. Masikip tirhan in the long run especially sa atin na karamihan pa rin thinking of having a family.
Buti nga s inyo
😂😂😂
Godbless the Philippines Sold sold sold
d naman kc ganun kadami ang medyo mayaman sa pinas at un naman may mga trabaho d naman ganun kalaki ang sahod kaya nga dami squatter riyan kundi pa sa mga chinese na ginagamit ang mga pinoy mas unti pa bibili ng mga yan
Oversupply condos and retail spaces in malls
You have a problem owning condo. Cost of unit is exageratedly high. You will have hard time renting it out expensively, uf you want a renter it needs to be cheap .. so thats the problem. Developers only earn from this. Mrt lines lrt lines are now extendingn outward to provinces, what makes condo worth it if mrt/ lrt / new trains can bring you to manila fast , if comming from laguna cavite and bulacan
Sobra sobra na ginawang Condo…Pero sobra parin mahal ngyon.
Too expensive and too small that is why most people choose buying house than condo.
Ridiculously overpriced. You can’t even buy as an investment to rent. Rent prices won’t be enough to cover the bank loan amortization. It’s so stupid.