Comments on: Cebu real estate booming http://living.cebunetwork.com/article/cebu-real-estate-booming/ The good life in the beautiful island Mon, 12 Sep 2011 06:12:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Well traveled Lad http://living.cebunetwork.com/article/cebu-real-estate-booming/comment-page-1/#comment-6222 Well traveled Lad Wed, 06 Aug 2008 06:05:57 +0000 http://living.cebunetwork.com/cebu-real-estate-booming/2007/03/14/#comment-6222 In my honest opinion the Philippines, atleast the people are some of the best in the world. Sure corruption runs rampant but atleast it's easy to tell those that have chose the dark side. The majority still have love in there heart and to me that makes them the most beautiful people in the world. By the way I'm american half Chinese. In my honest opinion the Philippines, atleast the people are some of the best in the world. Sure corruption runs rampant but atleast it’s easy to tell those that have chose the dark side. The majority still have love in there heart and to me that makes them the most beautiful people in the world. By the way I’m american half Chinese.

]]> By: marc http://living.cebunetwork.com/article/cebu-real-estate-booming/comment-page-1/#comment-5349 marc Fri, 25 Apr 2008 00:24:15 +0000 http://living.cebunetwork.com/cebu-real-estate-booming/2007/03/14/#comment-5349 hi dapdap, interesting situation. first check the contract if there is any provision that addresses overage or underage in the resulting area. you see construction implementation is done by humans and this human error factor is real. floor area subject to sale is measured from center to center of the walls of your unit. therefore if you measure area based on actual floor area (from wall face to wall face), this will be less. then again, you have the common area which developers also charge to your unit in terms of pricing. you signed a contract and the developer must keep his part of the agreement. if there is no provision on overage or underage in the resultant unit area, then this issue is highly debatable therefore highly NEGOTIABLE. you can however demand them to give you exactly the area you contracted for but you may have to switch units. however, i might not use the words "mislead" and "trapped" loosely. its dangerous because you don't want to be in a legal issue. its costly and no one wins. many developers here in manila are able to deliver the contracted area given a small + or - to the theoretical area. and this is because of good contractors. hi dapdap, interesting situation. first check the contract if there is any provision that addresses overage or underage in the resulting area. you see construction implementation is done by humans and this human error factor is real. floor area subject to sale is measured from center to center of the walls of your unit. therefore if you measure area based on actual floor area (from wall face to wall face), this will be less. then again, you have the common area which developers also charge to your unit in terms of pricing. you signed a contract and the developer must keep his part of the agreement. if there is no provision on overage or underage in the resultant unit area, then this issue is highly debatable therefore highly NEGOTIABLE. you can however demand them to give you exactly the area you contracted for but you may have to switch units. however, i might not use the words “mislead” and “trapped” loosely. its dangerous because you don’t want to be in a legal issue. its costly and no one wins. many developers here in manila are able to deliver the contracted area given a small + or – to the theoretical area. and this is because of good contractors.

]]> By: Dapdap http://living.cebunetwork.com/article/cebu-real-estate-booming/comment-page-1/#comment-4680 Dapdap Sat, 05 Apr 2008 02:00:02 +0000 http://living.cebunetwork.com/cebu-real-estate-booming/2007/03/14/#comment-4680 I purchased a condo unit with Vistamar Developers. I paid my scheduled amortization for the agreed pre construction price and floor area. About 2-3 weeks before my last payment was due, I got urged by the company through my agent that I have to pay P160,000 more than the pre construction price because when the construction was finished, the floor area got bigger by 2 sq meter. I feel I was mislead and trapped. Is this sudden price increase legal? Is there any office I can contact who can guide me on this issue and who protects the rights of foreign investors like me? I purchased a condo unit with Vistamar Developers. I paid my scheduled amortization for the agreed pre construction price and floor area. About 2-3 weeks before my last payment was due, I got urged by the company through my agent that I have to pay P160,000 more than the pre construction price because when the construction was finished, the floor area got bigger by 2 sq meter. I feel I was mislead and trapped. Is this sudden price increase legal? Is there any office I can contact who can guide me on this issue and who protects the rights of foreign investors like me?

]]> By: marc http://living.cebunetwork.com/article/cebu-real-estate-booming/comment-page-1/#comment-2741 marc Sat, 01 Dec 2007 00:16:02 +0000 http://living.cebunetwork.com/cebu-real-estate-booming/2007/03/14/#comment-2741 fred, what do you expect of farmers? the philippines for thousands of years was basically agricultural. when the west was already building armies to conquer the world, we were simple farmers fred. do not expect us to be businessmen. the chinese are traders, they are businessmen. thanks to the chinese who came and married filipinos. they taught us business. come on, please understand history. if you cannot contirbute to the philippines even just one good word, forget even renting and staying here. you say living in the philippines is good? i think you are contradicting yourself. fred, what do you expect of farmers? the philippines for thousands of years was basically agricultural. when the west was already building armies to conquer the world, we were simple farmers fred. do not expect us to be businessmen. the chinese are traders, they are businessmen. thanks to the chinese who came and married filipinos. they taught us business. come on, please understand history. if you cannot contirbute to the philippines even just one good word, forget even renting and staying here. you say living in the philippines is good? i think you are contradicting yourself.

]]> By: marc http://living.cebunetwork.com/article/cebu-real-estate-booming/comment-page-1/#comment-2740 marc Sat, 01 Dec 2007 00:03:03 +0000 http://living.cebunetwork.com/cebu-real-estate-booming/2007/03/14/#comment-2740 roger, i do not believe the long term will be dimmer. as a matter of fact it will be brighter. you are pinned in time, man. WW2 has gone 60 years. we are now at the info age. the philippines is the 2nd country to benefit from info tech outsourcing next to india, only because of population. therefore the WW2 scenario is an outmoded model. you are static in your outlook. not only static, its 60 years old. so, if you do not believe in our country, hey i respect that but use dynamic analysis instead. our labor export continues to push real estate. plus the info practitioners are now becoming middle class and can now afford to amortize homes. our property demend is based on real income rather than speculative. our only drawback is politics. but i believe this even will come to pass. hey, we have been civilized relatively recent. here is a scenario, roger. guess what country is going to have the oldest population in 20 years? nope you guessed it wrong. its china because of their one-child-policy. as the world's manufacturing basin today, in 20 years the manufacturing will flow back to countries like the philippines, malaysia, thailand, vietnam, cambodia, indonesia, etc. then western countries would have moved from negative population to positive population growth and have almost no labor force. then it will transfer technology to asia for their own benefit. there is our bright scenario. ergo the philippines' future is like the northstar shining bright..... roger, i do not believe the long term will be dimmer. as a matter of fact it will be brighter. you are pinned in time, man. WW2 has gone 60 years. we are now at the info age. the philippines is the 2nd country to benefit from info tech outsourcing next to india, only because of population. therefore the WW2 scenario is an outmoded model. you are static in your outlook. not only static, its 60 years old. so, if you do not believe in our country, hey i respect that but use dynamic analysis instead.

our labor export continues to push real estate. plus the info practitioners are now becoming middle class and can now afford to amortize homes. our property demend is based on real income rather than speculative. our only drawback is politics. but i believe this even will come to pass. hey, we have been civilized relatively recent.

here is a scenario, roger. guess what country is going to have the oldest population in 20 years? nope you guessed it wrong. its china because of their one-child-policy. as the world’s manufacturing basin today, in 20 years the manufacturing will flow back to countries like the philippines, malaysia, thailand, vietnam, cambodia, indonesia, etc. then western countries would have moved from negative population to positive population growth and have almost no labor force. then it will transfer technology to asia for their own benefit. there is our bright scenario. ergo the philippines’ future is like the northstar shining bright…..

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