“Make your money work for you” is so cliché, until a crisis hits you. When a crisis hits, like the one we are experiencing now with the deadly Covid-19 virus, you will always find yourself looking for your safety net, and oftentimes you look at your portfolio of investments, lucky if you have many. For people who are just starting out, picking the right investment is key and when you say...
It feels a bit odd talking about tourism-focused real estate when most visitors are unable to travel to the Philippines at the moment. However, it can be an important driver of a Philippine property market rebound once the situation returns to normal. Philippine Department of Tourism (DOT) data showed there were 8.26 million foreign arrivals in 2019, more than a 15 percent increase from the previous...
Getting the best price during real estate negotiations doesn’t have to be a painful process. In fact, it can be a very hands-off affair if you hire the right real estate agent. The key is knowing what to do and when to do it. There are two important things you should note. First, don’t take things personally. This is about getting the best price during real estate negotiations, not making new...
by Silingan, a Primary Homes blog Being an Overseas Filipino Worker is not easy. It takes a lot of sacrifices and you can only imagine how difficult it must be to work in a foreign land away from your loved ones. OFWs endure the loneliness and hardships just to give their families a better future. As the years go by, you realize that you cannot be an OFW forever. You eventually want to rest...
For the longest time, Metro Manila has been the most prized location for real estate investments. Even a small, studio-type condo in Taguig or Makati generates huge returns. Plus, you will never have to worry about the market because there’s always a buyer or renter who’s willing to pay. But with the coronavirus crisis, things are changing. Based on Lamudi’s data, there’s been...
After years of waiting for favorable REIT rules and regulations to be approved, firms have no intention of letting COVID-19 derail share offering plans. DoubleDragon became the second Philippine developer to announce a REIT launch in 2020. The Department of Finance, Securities and Exchange Commission, Bureau of Internal Revenue and Philippine Stock Exchange signed off on the new REIT rules at the start...
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