We have a meeting with the DMCI Project devt, according to them. Tumaas ang Materials. Even other developers nagtaas narin.
Is it really coz of it being premium or coz prices of construction materials have gone up?
Anlaki ng itinaas RalphYes, Nagmahal nadin kasi mga construction materials compared to the pricing 2 years ago (Brixton time) even other developers nag taas nadin but if we compare it, DMCI parin ang lumalabas na mura price per sqm.![]()
Fairlane Residences is much expensive compared to Brixton & i believe masosold out agad to.Folks, do you think this will sell as hot as Brixton? It will be at 100K psqm.
DMCI HOMES' Fairlane Residences [50F|res]
(beside Brixton Place) @ West Capitol Rd, Kapitolyo, Pasig City, Metro Manila
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Fairlane Residences is much expensive compared to Brixton & i believe masosold out agad to.
The Chinese investors I know they're just trying to move their assets from China since money is heavily regulated there they could loose it all with a simple change of policy so they like to have assets outside of China, Philippines real estate is growing steadily so they don't really care if the rental yield is good or not they just want it to hold value. At the same time they also love to create real estate bubble, there's another news saying that a company has recruited 1200 Chinese real estate agent from China. Which shows they're really here to promote buy and sell of condo units
Some clever developers have found ways. How can you violate the 60-40 if you wont transfer the title to a Chinese buyer's name...is it true that almost 70% was acquired by a foreign buyers in this property (japanese and chinese buyers)? hindi na ba nasusunod ang 60/40 ratio? :bash:
wonder if the same thing happened in Kai ....
Kawawang pinoy buyers if such bulk buying drive prices beyond the reach of regular buyers