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Old 07-04-2012, 12:11 AM
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Re: phillipines, manaila, makati

Quote:
Originally Posted by etsys View Post
manilaboy2007: No offense. I meant, there are a dozen agents hawking the same property and each claiming they are exclusive .. haha ..

Look at Mandaluyong also .. a lot of properties coming up .. wiht not many buyers ..
The taking up rate for Flair Towers is pretty good. The price had gone up at least twice since launch. The thing about Mandaluyong is the quality of air there. It's bad. But the location isn't too bad. Smacked in between Makati and Ortigas. It's an ideal location for a couple when one works in Makati and the other in Ortigas. Furthermore there are alot of call centers there. Getting tenants wouldn't be a problem. A 60 sqm 2 BR can accommodate 6 tenants. If each will pay 6k your ROI is easily 13% per annum.