Results 1 to 11 of 11
Thread: Philippines Property Boom 2020
-
29th January 2020 #1
Philippines Property Boom 2020
Manila= New Hong Kong??
-
30th January 2020 #2
Manila to be the new Hong Kong? Not with the NAIA it won't.
-
30th January 2020 #3
- Join Date
- Jul 2005
- Location
- Pangasinan
- Posts
- 25,597
- Rep Power
- 150
No comparison mate .
I have lived (and worked) in both.
May as well be on different planets. Standards generally. Educational attainment, culture, cleanliness, crime figures, infrastructure, wealth per capita, etc, etc, etc....
If only the Philippines could get anywhere near Honkers.
Actual land values...still can't see Manila coming near HK anytime soon.
Ok, even our half hectare has quadrupled in value this past 3 years (according to the Mrs), but that's still an increase on bugger all, to be honest.
-
2nd February 2020 #4
We bought a house and lot in Cebu 5 years ago and it has closed to doubled. I know this as there is still a few lots being developed in our gated community with the same house design as ours and they are selling at the higher price.
Property prices can go as high as they like. We are not selling and we always need somewhere to live so any price rise is irrelevant.
I do think that locals will not be able to afford to live in the cities and we are driving them back out in to the provinces.
-
3rd February 2020 #5
- Join Date
- Jul 2005
- Location
- Pangasinan
- Posts
- 25,597
- Rep Power
- 150
Yes, we've built a house on our land too, and as with yourselves... won't be moving anywhere else, so all fairly irrelevant. Still... better than if we'd rented this past few years.
-
8th February 2020 #6
It's been predicted that The Philippines by 2100 will be one of the biggest global economies
https://www.politico.eu/article/euro...ographics-gdp/
-
8th February 2020 #7
- Join Date
- Jul 2005
- Location
- Pangasinan
- Posts
- 25,597
- Rep Power
- 150
What, as a SAR of China ?
It will probably have sunk under the sheer weight of people by then anyway... if they don't get a grip.
-
8th February 2020 #8
My Aussie mate just sold his 5000 Sqr meter lot which he bought 14 years ago for 100 Peso per sqr meter for 5,200 per Sqr mtr!
Beach lots here in Panglao are now fetching 45K per Sqr meter FFS!!!! Incredible.
Hey!! It is what it is.
-
11th February 2020 #9
- Join Date
- Jul 2005
- Location
- Pangasinan
- Posts
- 25,597
- Rep Power
- 150
Wow...good stuff Fred.
My Mrs might be able to afford a coffin for me after all...instead of just slinging me in the river, as
I'd suggested.
-
12th February 2020 #10
-
12th February 2020 #11
- Join Date
- Jul 2005
- Location
- Pangasinan
- Posts
- 25,597
- Rep Power
- 150
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
Similar Threads
-
Buying property in Philippines
By aug06_2006 in forum Property, Building, Renting and LandReplies: 2Last Post: 2nd May 2018, 20:24 -
Owning property in the Philippines
By Takenoprisoners in forum Legal InformationReplies: 5Last Post: 15th November 2015, 23:19 -
Marketing a Philippines Property in the UK?
By Anakin in forum Help & AdviceReplies: 6Last Post: 4th August 2014, 19:33 -
Buying Property in the Philippines
By LondonHM in forum Loose Talk, Chat and Off TopicReplies: 7Last Post: 2nd January 2012, 08:03