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Old May 23rd, 2015, 05:10 AM   #701
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Old Yesterday, 05:32 PM   #702
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P450M for three Bohol subdivisions

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The Bohol market is quite different than Cebu because people in Bohol prefer to purchase constructed, tangible houses, (rather than purchasing one during the pre-selling period where the houses are offered at a lower price),” Espina said.
Quote:
In addition, he noted that Bohol is also a challenging site for developers. For one, the locals prefer to stay in the same town where their families come from, a trend uncommon in Cebu where mobility and location, preferably within the metropolis, is sought after.
Quote:
What makes it even more challenging at the start, Espina added, is the embedded mistrust among locals to outside developers. Five years ago, one developer entered Bohol but failed to deliver the promised house and lot projects. This gave rise to locals’ fear, preferring to build their own homes than purchase one in a gated community.
http://www.sunstar.com.ph/cebu/busin...visions-409470
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