According to a recent financial survey, within the next two years about 45% of Filipinos today want to own a parcel of land while another 37% want to own a house or condo unit. That tells us how much of a priority it is for us Filipinos to own property, someplace we can call home. Certainly, owning a home gives one a sense of security, pride, and identity, but they do more than that—a home also helps increase your wealth by gaining in value over the years.
Americans who dream of a retirement filled with sandy beaches, temperate weather and colorful local life may have another thing coming.
That's because a new report from the National Institute on Retirement Security finds that 45 percent of working-age households have no retirement savings at all. The average figure for funds set aside by households nearing the end of their working lives was a meager $12,000. That's not enough to cover a single year.
A lot of people are now buying condominium units left and right but don’t live in them. In most cases, these units are leased to students, young professionals, and young families.
But with the number of projects being developed throughout Metro Manila today, how would a condominium investor know which one to buy and which one to ditch?
During the launch of their condominium project, Marquee Residences in Angeles City, Entrepreneur.com.ph asked Alveo chief operating officer Robert Lao on what factors should a real property investor look for in a condominium project.
Here are his answers: