₱40 Million Luxury Condo Tour BGC Philippines (Mckinley West, St. Moritz)
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- Опубликовано: 2 окт 2024
- ₱40 Million Luxury Condo Tour BGC Philippines (Mckinley West, St. Moritz)
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I was at St Moritz, looking at the exact same units last week. They are not worth the money at-all!! That's all total commission and profit. On the roof where the pool is, is a awful sight. On one side of the pool it's construction the other its the hood, anywhere you look it's not kind to the eyes.They want the best part of $750,000,00 for 130 sqm, what a joke!! You can do way better for the money.
If you pay CASH you would get 25% discount. WTH who would have and much more bring that cash. Lol
The real estate in BGC is a big Joke, overly expensive even for westerners. Average Americans have difficulty getting a 1 Million loan in the bank . Just rent in Philippines period.
This comment is not to offend or put down anyone or any vloggers.
I did watch and used to watch the juicy vlog. For years. But after a while, ive noticed their videos are … how can i describe it …
Their videos felt “ stay away from the poorer or typical streets, stay in the tourist spots such as restaurants, places to visit etc”
In other words the juicy vlogs just stayed in the safe or tourist spots.
Dont get me wrong, ive seen foreigner vloggersactually eating the streets or slums food stalls or restaurants where no foreigners would go to.
What ive noticed with your videos, you arent afraid to actually talk, interact with the actual locals not just locals in tourist spots.
You also go on rides, streets rides in actual manila streets not just the “tourist spots roads”.
You are actually interacting with locals not just a hi, how are you.
Maybe not too risky as other foreign street vloggers. But very entertaining.
The juicy vlog was just getting repetitive. “Playing safe” . Still a great vlog to watch dont get me wrong.
Your vlog is more “detailed” if that makes sense.
Also i like how you show certain aspects on manila, such as the highways , how crazy the traffic is , or a coffee shop thats opened 24/7. As an example.
I have been watching your videos for weeks now. Seeing this and giving us tours to condominiums in Taguig really helps the real estate industry ☺️ Thank you, Mergim. You're nailing it! These kinds of videos are indeed educational not just to the expats, but also to the locals who have interest in buying units
Good work, my man! I shall be flying in within the month with my entourage. Btw, can you get me Samantha's number? 😉
Salamat!💥
Good job!💫
always impressed how you narrate and described things in all your videos! 👍
You should be an estate agent for expat. 👍👋🌈🇬🇧🇵🇭🙏🏼
I agree. Mergim, you’re very good at this. You have to continue doing this because your vlogs on condos are very informative and inspiring. You’re a top notch influencer. You should win the top award for the competition they have for all vloggers. Keep up the excellent work that you do. I’m sure you’re very happy to make BGC as your home base. Cheers!
for ₱35 million, you could have bought a Lot and built your own house and made more space and rooms with a inground pool.
Whoa wait, I know this condo. This is where Mike and Nelly's condominium is!
Please do a video on Villa Escudero and let me know if you are going. Thank you.
Way too expensive. I'm from NYC and can get a Manhattan coop for that price.
Keep up the good work! I love your vlogs. They're both entertaining and infomative.
for £600k / 41,000,000 - it's not that big and the hob being off centre to the units, would drive me crazy... I think your paying for the location, some very nice touchers, but just not right - shows you what profit is in it, if you can buy it for £460k (cash price)
mga kabayan lets help Mergin to reach a million sbscribers👏👏👏
Sorry, these condo tours ... not my cup of tea. Other than this type of content, I find your vlogs engrossing. I'm still a huge fan of your work.
$700,000 USD ~ I do not think so?
Seen you riding a scooter in person while I was walking on the way home from the office. Glad you’re enjoying life here in BGC! 😊
40 million is ridiculously expensive. I'm living in the middle east and at that price you can buy a villa. My dream is to live on BGC and Mckinley but it become more and more expensive for me 😅
That's PESOS -- NOT US dollars!!
@@mylesgarcia4625 "Affordability" is relative to income. 40 M Pesos converted to my Canadian currency is a luxury suite in downtown Toronto. I could get a big house on 2 acres of land outside of Greater Toronto Area for about the same price. The BGC and MckInley markets are not for everyone. These planned neighborhoods are "economic-gated communities".
@@get2riz I NEver said everyone could afford it. We all have our levels of affordability. Chacun son gout.
40M is pretty reasonable for the location and size tbh
@@get2riz that is true, 40M for a condominium sounds a lot of money for me, especially that it is here in the Philippines. I thing that is because of its location tho and that price would triple in the future so that is also a good investment
$800K USD seems a bit expensive for that unit. It’s not as posh as one would think at that price.
The location is important. In real estate all they talk about is location, location, location.
Seems overpriced for PH even with a potential prime location
eventually they should put in a street car to connect these different areas of BGC
That's a great idea!
Would love to see other BGC apartments that are more affordable for us peasants please.... and preferably not units where TJV and MIH Vloggers are already living in....
Outside Manila there are plenty! Cavite have lots of developments and infrastructures that are being done right now ie MRT, CALAX, Evo City etc.
@@amaliahightower Thanks
$682,000 USD to live in the Philippines on a Tourist Visa is wild... but as the West gets crazier and crazier, I have no doubt that someone will snatch these up
There are a lot of rich folks out there. There much more expensive ones out there. The new one on Makati Ayala Triangle is one of the most expensive. There one worth P500 million+ condo and that's not even the most expensive one there. There are even P40 million + , Ayala lot. That's only a lot but those expensive ones are the 1st ones to sold out.
At 1/8 of that price, you may buy a similar unit in the Makati City areas like Salcedo village and Legaspi village. More laid back neighborhoods.
I think that's were was the MAKING IT HAPPEN condo was
Yeah i thought so
Mergim....good job showcasing this Megaworld condo. However I don’t believe the products used in this condo are not all worth 1.5 million pesos. I can tell the quality used in the cabinets are cheap materials 😂 All these imo and not worth 40 million pesos. I own a house and lot in a gated village with 24hr security service with all the amenities and the cost is way lower than 40 million. My suggestion to anyone who wants to buy....keep looking.
With the average Filipino monthly Salary of around 15k Peso a month which is probably around what a lot of the normal workers in coffee shops and malls in BGC are on, it would take them over 200 years!!! To pay off this Condo with its crappy little balconies, and that's if they didn't eat or have any other living costs of any kind. Just goes to show what a joke the system is ! Trickle-down economics doesn't trickle at all. Normal people are just left to lick a dry, empty barrel.
This is nice but its so overpriced. For half of that you can get a nice house with lots of land in mexico, belize, costa rica, ecuador, argentina, puerto rico, paraguay, el salvador, colombia, and panama. You dont have to get on a 14+ hour flight and it's easier to learn the language. Also the food is better. South America>Philippines.
Hello Mergim❣️✋🇺🇸 Good Saturday morning🇵🇭 Good afternoon here 🇺🇸❣️
good morning @Annette Alegre-Dy
OH MY, ₱40 Million Luxury Condo! Tonyo Stark is gonna buy a unit. 😅👍
If i have P40 million pesos i will never spent that condominum unit much better you live in bungalo house have own backyard in mc kinnely .we have yo be practical once have fire in next flat then you will be lost your 40 million pesos
A few things…
1) TINY wardrobe space! A rich person would have so many clothes and shoes etc those tiny wardrobes wouldn’t be enough. Only the master bedroom has ok walk in wardrobe
2) Compared to other buildings in BGC, this is low? How high does it go? Not even 20 floors? So if a developer builds a building nearby or in front of it, there goes the view and the sunlight coming in
3) About ownership, are all condominiums on a lease? So basically it’s not freehold. For how long? What happens after a certain amount of time? What happens to the building?
Good point #2. But if you get a unit on the other side, it's overlooking a residential area with houses. They're up to 3 floors, so all good and that's not gonna change
Pag inggit pikit 😂
Foreigners are allowed to own/buy condo units. But there are various related costs in buying a unit, i.e. monthly association dues, property insurance, annual property tax (amilyar), etc.
i am interested in question number 3. it is very important if you have a plan to buy a condo unit.
You complain a lot but you have nothing to buy.
imagine paying usd700k to have a toilet in a shower and cheap melamine counters running 4 separate fridges LOL - then when you buy it they won't even run all elevators
40 million condo and you get fresh smoke from vehicles day and night 😂😂😂 no way.
It's a bit distracting how the rest of the people didn't move at all when you were presenting the living and dining area, even though they can clearly see you are filming.
I'm surprised that the lower units already have big size condo units. Big units are usually at the top floors of the building. Unless all the units there have the same big size units.
Terrible interior design. The furnitures look cheap and outdated for it to be considered luxury super(?) condo 😂
Not really good with 40M even with the inflation prices these days..
Dang! $800K I will buy a house here in the US instead.
it's for the people that have the money, not for an average person.
how you doing?! Thanks. excellent , MMergim!;)
Folks - make this 60k before the end of the month. The info that Mergim is providing are very educational and valuable. I've learned a lot already from watching his vids and I'm learning a lot more about Manila and other locations he visited. His videos and presentations are top-notch.
And he is being paid for vlogging the condos 😁
@@sherinick7523 and so what's wrong with that? Do some condo vlog too so you get paid. Fair enough?
Educational??? 40 yrs na akong pinoy pero hndi pa ako nakapunta sa lahat ng pinuntahan nya..
@@sherinick7523, wtf, Marites in the house…umatake n nmn yng pagka inggetera mo iha…mag blog k din pra d k naiingit, leche k😡😡😡🤬
For almost 700 thousand USD that little apartment isn't worth it
Some of the comments here amuse me. If you think that these units are expensive, you're probably not their target market. Don't be mad.. 😆😆
overpriced for ordinary looking units, no one is mad.
Why, they are high.
Yeah. I dont think Megaworld is dumb to build buildings that no one will buy because its too expensive.
They know their market. Its not for people who watch youtube vlogs all day lol
Too much money for an ordinary looking unit, its not even worth 15 million
Guys,. it's expensive because of the location,
not just for the unit.. kung namamahalan ka, it's either you don't know much about real estate,
or you don't have money,. peace ✌️
That's where mike from making it happen lives.
Killer questions for those who plan to buy a luxury condo unit are: 1. How much is monthly association dues? 2. How much is insurance for the building and common areas? 3. How much is the annual real property tax (amilyar)? 4. How much is estimated insurance premium for the unit? 5. How many generators are there? What can these generators support? Aircon or electric fan only? For how many hours?
These are great questions. But I'm thinking that those who can afford 40M+ pesos for housing would have enough equity or access to financing to cover the condo fees. My bigger question is why would these projects need a separate power generator?
Bibili ka ba jan kung mahirap ka
Pinaka mababa monthly due payment mo dito 30k
@@get2riz correct. The main issue of concern is the insurance policies and the law of land since most of the owners that purchase this property ry can afford buying this. All others are and should be embedded into their contraft anyways I mean at this price the customer should not be even worried about standard inclusion of amenities etc c
condo only last 20~25 years after that you have to rebuy it double the price
Excellent presentation at Mckinley West, St Moritz condo Mirgim. Could you please find out how much is the monthly maintenance fee? I don't think they don't call it Condo Strata Fee.
I don’t like the interior design. Looks cheap.
Thanks Mergin for the great post, I would be interested in the Annual Community Costs
I'm not familiar with the going price in that area, but for 40M.... Ceilings are low in amenities/ certain area, hallways seems cramp, fixtures or design of common areas doesn't seem to look premium, saturation per floor are high and it's a low/ mid-rise building with limited view (mainly your neighbor from the other buildings, unless you're lucky enough to have a road side unit which may come with a price as well) not sure if I'll spend my 40M for that. You can really see here that you are paying for a premium price for the location.
I know it's a 3 bedroom and maybe it's for a near turn-over unit with furnishings, but still. With the price, appreciation of your investment here seems kinda tight compared to other projects in the area.
The 1.5M worth of furnishings doesn't seem like it as well. Doors looks cheap, the bed frame and head board looks like you can buy that for just less than 10k. Amenities cannot even serve atleast 1/10 of the expected population of the condo. It seems like bookings/ reservation of amenities will go to months, you cannot really simply just walk right in once most units are occupied.
40M for 100 sqm area, sounds about right for that location.
Most comments are crying about the price... Then there's the property in Forbes for 30-40 million USD or around 2 billion pesos. 🤣🤣🤣🤣🤣🤣🤣😅😳
St Moritz, McKinley West
hi mergim im very proud of you andmire you. You are now like a filipino.i can see that you now so relax in bgc as resident.take care always.
i will buy that 40 million, you pay 40 million small room 40 million you can build big house in ALABANG,
₱40M for small space isn't worth it... maybe around ₱20-15M is fair price
Good job here, Mergim. You should join our Meetup for experienced investors. We usuallly meet in Makati. But sometimes in BGC
P40 Million is very expensive and to have a smaller bedrooms leasehold ??? Convert to Sterling British Pounds Freehold countryside... in Oxfordshire UK
41 million pesos for a condo in the Philippines? They must be bloody joking. I could buy a condo here in Australia somewhere in Gold Coast for half price knowing that it will increase in value. Can't say the same about the Philippines. Who do they think they are to charge that much? It's a bloody developing country and not even a first world country. For more than $1 million, I'd buy a beach front mansion somewhere in the province.
It appears you're not the target market of this kind of property
@@ytgeek7052 haha...you nailed it on your comment!
Target - millionaires/billionaires
Not you. 😂
BGC is not Australia. only those who want to live in the city and not on the beach will buy here.
Well that is for the rich & famous, more people in the Philippines specially a rich filipino families or celebrities or rich foreign expats are buy that kind of super modern condo in BGC Mckinley, of course its not for you if your budget is not at high as rich people. Anyway its so beautiful modern condo.
ph is an upper middle income country as of today..
hence its affluent enough...massive number of billionaires, millionaires which are the TARGET MARKET OF THESE CONDOS...FYI, majority of condo owners are filipinos..they invested due to property values increases year after year moreso in a very ADVANCED CITY like BGC.
majority of the population are middle class
with just below 16% poverty rate as of today..
40m damnnnnn
good morninggggggggg bro.Mergim Vlogs
Kinda looks like Mike & Nelly's Apartment.
I believe this is Mike's place from Making It Happen Vlogs
You know you can get from 1-5% commission from ALL condo sales from the corporate sales team. You don’t have to stay with one. You can sustain your BGC life.
wtf?? thats not luxury at all
It doesn’t look like it’s 40M. Those ikea looking furnishings make it look cheap. But I guess you’re paying for the unit itself and location.
nearly 700k USD for a condo??? no thanks
I agree and soon a new building will be blocking your view.
Same layout as mike and nellys place where they also live. Or used to live?
You should open a separate channel for real estate. that would somehow leverage your income stream in youtube.
You look good together that that woman bro... go for it... the bird needs a companion!
...nest
lol if he's no longer with his Thai gf then he's free to mingle
the price might get higher once the construction is done...
you can earn more in real estate in Philippines...I like the way you do it.
I don't like it all the bedrooms are small I can't breathe in that bedrooms?
This is ₱40M? LMAO our unit only costs ₱4.5mil and it has 2 BR.
I know what you did with that thumbnail mergim. 🙂
Share it with friends or expat who wants to move or invest in Philippines.
Too small for 40 mil
I wish I could come and buy one right now 😊
I'm not sure the furnishings warrant that price tag. Could be a lot more luxurious. Cabinets look no better than the ones IKEA sells. But perhaps the video doesn't do the unit justice......
No one is paying £550k for these kind of rooms... it's half price at best for this. I'd be much more intereste din those townhouses, so good in the city. I'd want something like that in the city can you tour? Do you understand that in London you get better for this price? Sure it's not "luxurious" aka chinese shiny cheap quality build that can see in this video is falling apart before moving in, from cabinets to sink.
Thank you so much for this! We are going to Philippines in April and this condo was on our list to tour. 😁
Amazing
informative vlogger.i salute u mergim.
You should get a real estate broker’s license. Your vlog is pretty effective in advertising condos. 😊
He is a foreigner so that would be illegal
Awesome 👏
dont ever ever buy expensive condo in Philippines own by Chinese why the make lot of money saving condo.
beter I BUY AYALA HEIGHS IN QUEZON CITY OR AYALA ALABANG MANSION HOUSE WITH YOU ON POLL BIG HOUSE FOR 40, MILLION
It's way overvalued for the location. Manila is not exactly an Alpha City yet the cost of living rivals those global cities. Residents are priced out before they even have a chance.
Wow that roofdeck pool is superb
hows the security? i didn't see enough security guards roaming.. that's not luxury lol
AND THAT HALL WAY IS SO FREAKING SMALL LOL
If I have this 40million I'd be ok for my lifetime... Jeeez this guys are wealthy throwing money for this ugly property...
Please can you also ask how much is the yearly property tax and the monthly condo fees. I pay 1 to 1.2 percent property tax here in Los Angeles and $480 monthly on HOA. I PLAN to move there if cheaper. Thanks
Wow that is a very nice condo! Extremely nice!
They should've stretched the balcony from the dining to the living room and combined it. Makes it more useful, unless there is a support that runs in between the dining and living room, then that makes sense to separate them.
That price is very expensive.That’s $800,000.00 . You will have a better house on that here in New Jersey.And it’s your own.
Lol! Young folks no longer value properties. That's why you see alot of programmers here in sf living in essentially shanties but take many many adventure trips and vacations to remote and exciting places. I don't believe I ever want to be in the house more than necessary. I want to be out and about, meet driven, passionate people, see beautiful places, eat great food, enjoy life! Big house with many amenities is boomer generation style of living. Its uninspring way to live. Boring.
Wow you are really helping us expats on many choices of real estate on and BGC thank you we really appreciate your efforts it is a decision time.❤
Your videos are very informative, keep it up bro
A presale condo japanese co owned starts at 20+M. So 40M is just right pricing. I live in 1BR somewhere in Makati 100sqm with current value of 35M
Mergim vlog is now about Condo’s in BGC 🤣 where is the next condo location hunting?? 😂
Could you show some quality one bedroom units please.
Good day mate , how much is the building maintenance fee of this place every month ? Cheers from Australia 😊👍🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺
approx. P100 plus per sq. m. depending on the location. Higher rate for the BGC area, as Mckinley Hills & Mckinley West are in Taguig too, but a different barangay, Bgy Pinagsama. Uptown Bonifacio, Forbes Town, High Street, Burgos Circle, Serendra are in Barangay Fort Bonifacio or Bonifacio Global City (BGC). We are residents of an Uptown Bonifacio condo (near Mergim's condo) and we pay P117 per sq. m. Condo Assoc. Dues with a P5k one time membership for the Condo Assoc.
McKinley West is in barangay Fort Bonifacio and McKinley Hill is in barangay Pinagsama. Monthly dues is 140/Sqm.
Aurelia Residences
Located 21 St. McKinley Parkway
I wanna go to the phillipines was it visa on arrival for phillipines?
New subscriber here! I didn’t even finish watching this video and I can tell not worth half prize of what their asking.
Even if I have lots of dollars to spend i wouldn’t spend it in that place.
It's in BGC that's why it's a little bit expensive only rich people can afford but If I have given a chance to have that kind of money to build my dream house I preferred to live in place which is you are free and has a big lot where you can place your own pool and put some vegetable garden on your backyard, well that's my opinion..
41 Million crazy price