post a comment | posted Oct 1
Haha! I remember Rainbow Ridge.. Its one of the more affordable condominiums in Taguig Area. Taguig area, which is near Makati, Libis, and Fort Bonifacio has a big potential among economists to increase its value in a 10 year timeframe ending at 2012. Condominiums in the Philippines are not "Timeshares" as perceived by Mr. Stephans on my Digg account. In our country, you get a CCT ( Condominium Certificate of Title) upon purchase of condominium. There's a big difference between the 2, since a lot of rules on ownership is distinguished. For as little as 400 dollars, you can reserve a unit worth 19,000 dollars in cash price for a standard 2 bedroom unit. Unfortunately, it has sold out. And its current worth after a year is 32,000 dolars. A profit of 13,000 dollars is not bad for the year. But actually, its a small profit because ive seen some of our projects really skyrocket its value after the year has passed. And sometimes im thinking if only i purchased a Real Estate property last year. Its all good, since market is sill on a boom in the Philippines. So im planning to take a look at some good properties for investment. I'm planning to do so this January in one of our projects. Anyway, ill keep you updated on my plans. Stay tuned!