Comments on: Property still has some upside http://moneysense.com.ph/investing/property-still-has-some-upside/ Save, spend, and invest wisely Wed, 25 Apr 2012 08:00:56 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Ben http://moneysense.com.ph/investing/property-still-has-some-upside/comment-page-1/#comment-5083 Ben Fri, 14 Aug 2009 17:20:36 +0000 http://moneysense.com.ph/wordpress/?p=183#comment-5083 Property is the best investment and can hedge against inflation. Although for 2009, the prices of real estate have become flat or stable for the past few months. The growth of real estate has increased at 4.7% in 2008 however the downturn may have affected the sales of major developers such as Ayala Land and others but the demand for the more affordable or low cost housing for our fellow Filipinos with low income has increased with the program sought and promoted by PAG-IBIG and HUDCC chairman VP Noli De Castro with lower interest rates starting at 6% to 11.5 % payable up to 30 years which was implemented last April 2009. Commercial bank are competing for a piece of the pie wherein suprisingly the lending rates have become competitive at lower interest rates compared in the past year. Property is the best investment and can hedge against inflation. Although for 2009, the prices of real estate have become flat or stable for the past few months. The growth of real estate has increased at 4.7% in 2008 however the downturn may have affected the sales of major developers such as Ayala Land and others but the demand for the more affordable or low cost housing for our fellow Filipinos with low income has increased with the program sought and promoted by PAG-IBIG and HUDCC chairman VP Noli De Castro with lower interest rates starting at 6% to 11.5 % payable up to 30 years which was implemented last April 2009.

Commercial bank are competing for a piece of the pie wherein suprisingly the lending rates have become competitive at lower interest rates compared in the past year.

]]> By: Philippines properties for sale http://moneysense.com.ph/investing/property-still-has-some-upside/comment-page-1/#comment-956 Philippines properties for sale Wed, 25 Mar 2009 04:59:33 +0000 http://moneysense.com.ph/wordpress/?p=183#comment-956 I agree to your statement, Property Investment is the most safe. Think of this, I have an Aunt who purchased 2 lots in Bulacan, she Bought the 250sq/m lot for 50,000 pesos in 1989 and a 120 sq/m for 38,000 pesos in the same year, 20 years have passed and she never sell it, So This month, she decided to sell the two lots and buyers offer her 250,000 for the two lots. So my deduction is, as the years passed I Thought that the house and lot is the only Property that increases value. I agree to your statement, Property Investment is the most safe.
Think of this, I have an Aunt who purchased 2 lots in Bulacan, she Bought the 250sq/m lot for 50,000 pesos in 1989 and a 120 sq/m for 38,000 pesos in the same year, 20 years have passed and she never sell it, So This month, she decided to sell the two lots and buyers offer her 250,000 for the two lots. So my deduction is, as the years passed I Thought that the house and lot is the only Property that increases value.

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