Hi, I work in the real estate industry so I just want to share that condominiums are generally more affordable compared to house and lots within Metro Manila. A house and lot will only be more affordable than a condominium if it's located in the northernmost part of Quezon City around Novaliches or Caloocan City. And I totally agree that condominiums have cheaper upfront costs because real estate developers offer stretched payment terms for the 20% equity whereas, for house and lots, the equity is around 30% unless the property developer doesn't have a license to sell which is illegal. An update regarding the existence of corporations, as per RA 1152, corporations may exist perpetually so long as the Securities and Exchange Commission is notified. This is the reason why the leading real estate developers keep on developing luxury condominiums which cost as high as P 100 M +. Thus, with the condominium being future-ready and owners having perpetual ownership, condominiums may be inherited much like a house and lot. Same with you, I prefer living in a condominium. It's what I bought and cheers on hitting 3k subs:)
How about own vs rent. Ownership you're less mobile. Rents are so darn cheap, I just can't see the benefits of ownership. I'd rather keep my money in stock investments.
Just want to share that we bought a condo because it's 1) secure and no one can randomly go up to your unit and 2) it was within our budget while allowing us to save for a house in the future. But when you buy a condo, it's better to buy the parking space together with the unit. Parking space prices can go up really fast so if your condo unit is still pre-selling, might as well buy a parking space as well.
24:19 when she said that adulting is really hard so she loves making these videos for us. To help even a lil bit... hey, i felt that. Ang-thoughtful. Huhu. Thank you! 🥲
I think the 'making renovations' part was not that much emphasized here. In the investment perspective, that should be a huge factor coz one could easily increase the Market Value of his property with few renovations. And yes, looking at things in more than 50 yr horizon, houses win. Unlike your equity in condos that keeps on depreciating, the value of your land will keep on appreciating over a long term time.
Yeah I don't actually understand why she keeps on saying that the condo appreciates in value in her other videos. On a short term basis, that may be the case but in actuality, the property actually depreciates over time. It's really land that's most important to invest in when it comes to real estate.
I prefer to see green space, We bought a lot in novaliches area, although near the city, there are enough greeneries and air is really fresh. The streets are private, plants everywhere. The total cost of the lot is only 400k pesos (2000 per sqm) plus house we spent 1.5M to construct. So in all we spent roughly 2M for a 200 sqm lot with 120 sqm floor area.Our area is not really far from malls like SM and even puregold, its just 5 mins away.
For me I preferred to buy vacant lot inside the metro manila even though it cost a lot of money, estimated 145k per sqm. And after that pag nag kapera na tsaka na ko mag papatayo ng minimalistic house cost 1.5million. And pag nag kapera ulet tsaka ko na itutuloy ang extention sa minimalist dream house ko 😊😊
Kareen Abiabi yes! We plan to loan the remaining balance and will definitely be documenting the process. I haven’t tried taking out a formal loan so it’s gonna be interesting for sure haha
I surrendered my condo because of the 50 year rule, as the condo gets older it gets cheaper, aside from estate tax there is condo dues, oversupply is another problem why it gets cheaper. I prefer purchasing residential lands and farmlands, as well as house and lots or townhouses( which Im doing now).
Cost definitely goes to house + privacy :") + you can do whatever you want like decorate your own garden have your own pool etc. Houses are good if you are financially stable and sure
With our life style I would purchase a condo. It’s more convenient for us as retirees. If I purchase a home I still have to consider hiring for someone to help clean and maintain the house.
Choosing between Condo and House & Lot depends on your needs and budget. Work from home kami so no need to commute, pero if need mo ng malapit sa mga malls hospital schools it depends if may kids ka or elderly, or kung ok lang malayo layo sa kabihasnan basta may kotse ka, so depende talaga sa mga pangangailangan mo at syempre the budget. May house and lot na near malls hospital etc but limited na and pricey, ang murang house and lot is provincial na or sa bulacan rizal, mura pa mga bahay dyan. Mas maganda if you list ung mga needs mo at kung ano budget mo.
Horses for courses. Working from home as in IT has it's advantages nowadays. You don't need to travel, thus saving money and time commuting. With Condo's it's important to stress that a beautiful view can be obscured by another high rise building in the future. As for investing, buying a condo to rent has it's downsides. Tenant organisations often bar individuals from turning their complex into a giant AirBnb building. Plus, rentals are set by availability. If you have a multitude of condo rentals in an area, it can drive down the rental price.
What I'm thinking rn: Want to have a friend like her so I can consult these things to her anytime. 😂 New subscriber here! More power po, your contents are very helpful to someone like me who's having thoughts on investing and adulting tips... 💜😊
Hi there 10:56 MAINTENANCE! I think if you need a maintenance in your house you can find one in your neighborhood. And it is an advantage if you know them already, In case you need a quick fix or short term project,etc you can call them right away. When it comes to service charge it is much cheaper than hiring a contractor. You can get a quality work and at the same time you also help them for their own. Helping communities🙂 makes happy neighborhood🙂✌
3 years late on this, but I just wanna comment that a lot of those maintenance fees for house and lot can easily be mitigated or controlled because you have control on what mats goes in and out of your house. Assoc dues increases yearly, and most condos at 3m(3.5-4m now) are built on poor quality.
Good video very informative. On the flip side you should do a topic on inflation. I do real estate build and sell, yesterday I got info from agents telling me average lots around Quezon City,Cainta, Pasig,Marikina, and Antipolo has gone up around 1-2k per square in just one year. Labor and materiayales also gone up. A house and lot 100sq meter that use to be 6m is now around 6.4m in just one year. Everything from transportation,tuition,products, food, and etc has gone up. How can an average saver /investor keep up with such inflation especially when the wages doesn't keep up with the inflation?
This is a great topic idea. I really think Inflation needs to be talked about more. A lot of Filipinos don’t understand it and is very skeptical of it. That’s really great insight. Thank you!
Thank you for this content! It's really super helpful for me because I'm trying to straighten out my house plan and have everything settled next year. Bless you 😘💕
I chose house and lot for our primary home due to our lifestyle. I got two units side by side nalang for larger space, kasi, we have pets, we cars and we like plants and have seniors sa bahay. Additional expense kasi ang carpark sa mga condominium unlike sa house and lot, its part of the house na. With amenities and security, condominium wins most of the time talaga. Though there are numbers of reasons na hindi patok sa amin if Condo. I considered earthquake risks din since we have seniors and we will be seniors too in the future kaya plenty of stairs is not an option should a emergency or calamity arise. Ambulatory access din is one factor for me, we need the ambulance as quick as possible and a high rise can delay the response time in cases of emergencies. Limited din ang space for gardening and limited space din for pets for a price that can get me two house and lots na. You can't expand your condo units if you need more indoor space also. Ang negatrons lang sa House and Lot is you maintain your own property thus your own expense and your own effort. Unlike sa Condo na itatawag mu lang they will fix it for you. Swimming pool is maintained by the association unlike sa bahay namin kami nag mamaintain and its not cheap kaya malapit na syang maging tilapia pond. Over all depende talaga yan sa lifestyle and foresight mu sa buhay. I have seen a lot of people na sa Condominium na tumanda and they are opting to get a house and lot eventually after selling their condo. So to save myself from complications when dissolution of the building comes, derecho na ako sa bahay at lupa.
Randomly popped on my news feed, thanks so much for this video, was also planning to buy a house or a condo, really helps me out on which one to go for :)
You’re awesome! Things you share on your channel are not being taught in school. That’s why majority of Filipinos are not financially knowledgeable. Thank you for sharing. Keep it up! 👌🏻
I just watched it today (oct 21) and you said that you reached 3k subscribers but now it's almost 8k 😍😍😍 so happy for you po 😊 you're doing greaaaaat 😊 thank you so muuuch ❤
Rents are incredibly inexpensive in the Philippines. I can’t ever see a compelling reason to ever buy. Use your capital wisely. I keep a lengthy spreadsheet of companies to invest in depending upon market conditions. Buying real estate in foreign countries is at the bottom of my investment list.
Rent and loan payments (10-year mortgage) are actually more or less the same! More reason to buy. Philippines is not a foreign country to me so that makes a huge difference for the content of this video
Thank you very much for such an informative video. It made my life easier compare to browsing the net either a condo or a house. Love the new hair by the way.
Hi Ma'am. Good day. I love the topic because it gives me the idea and a choice which is better and ideal to live... hoping that I will be learning more about your videos. Thank you
Great content! I would never go for condo as a primary residence though coz i have pets and have a lot of stuff 😊 Game: take a shot every time charm says "okay" 😂
prishism I try to be a minimalist but my plan is to live in it for a couple of years and rent it out afterwards because same haha😂 I laughed at this! I noticed after every point, I say “okay so...”, gotta expand my vocab HAHA
Another great content! Is the haircut connected with the Its ok not to be ok Kdrama? Haha You look great btw Do a vid on on 1. renting vs owning 2. Travel saving tips 3. Frugal habits
Fritz Maandig hahaha! I haven’t seen that show 😂 thanks again for the suggestions! Listing 2 & 3 down. Definitely doing Renting vs Buying in a future video
Thank you so much for this video it's very informative! So happy to have came across your chanel. I'm trying to save a lot for my future. I hope I can have my own condo or own house in the future. 🙏
Bianca De Guzman thank you, Biancs! That’s the dream talaga. Condo, live in it for a few years if you want but ultimately ipa rent. After paying it in full, use earnings to buy a house haha. Best of both worlds 😂
Hi Charm, in your opinion, which is better to purchase between a condo unit and a lot if the purpose is for investment return (rental, selling, etc) and not for personal use? Thank you!
For condos it depends on your location for example like near schools, hospitals, supermarkets, also consider the amenities of the condo i.e pool, gym etc (which houses dont have) (this is an ideal location if you want to have a lucrative investment). House and lot located in the city center is very attractive for a busy family but very costly and doesnt have amenities. In short, for practical investment and more lucrative (for rental) condo is better, for selling it really depends on how old is the condo and the location. However, house and lot are pricey but it has more benefits and well worth it in the long run since the land appraisal gets higher as time goes by as compared to condo (which you can earn more if you buy and sell), even the outskirts of the Philippines land prices are going up.
I hope that your also have a topic about the future of condos in Metro Manila. Because of the West Valley Faultline, I am not sure if buying condo is okay in the long run.
It's so expensive buying a house in NYC, so I'll most likely get a condo since it'll be more affordable. If I want a house, i'll probably have to move somewhere else in the US.
hello ms. charm. thank you! your videos have been really helpful. i wish you more blessings po! im hoping lang po sana if you plan on sharing with us, your fans, what to consider in renting out a condo. also if its a good idea to rent it out thru airbnb or other platforms.
Thanks for the feedback! Maybe you can check my newer videos and let me know if it’s better? This was on the early parts of the lockdown and I was so noob 😂😅
Hi Charm, my bad I didn't notice this was uploaded 6 months ago. Yeah! I already watched your recent uploads- that's the lighting I am talking about. Good job!!!
Congrats on reaching 3000 subscribers! I'm so happy in seeing this channel grow because you teach the viewers important topics for financing and adulthood. I always take notes when I watching your videos HAHAHHA because I really don't want to forget what you say. Thank you for creating great content. Oh btw your hair does make you look younger but maybe it's because I'm used to seeing you with long hair but that's just me hahahaha.
Arje A awwee thanks, Arje! Wouldn’t have gotteh here without each any subscriber (literally haha!) 💕 either way I’m okay with looking young or older naman haha
PERMISSION TO POST Correct, you can only buy a condo. if in case you are still looking for a condo property here in the Philippines you can contact me on my viber/whatsapp/iMessage/telegram +639060223836. Thank you!
This is so helpful. I am planning to purchase a house and lot outside the metro but I am also considering a condo within the city since I grew up here. This clarified a lot of the points that I want to check before signing any contracts.
Ready2Adult PH I just recently gotten a hold of my finances and I think I'm doing well po so far. I love your content and it keeps me motivated. Stay safe to you and Jet ❤️ #FeelingCloser 😂
I was just thinking between the two earlier. As always, very informative. Congratulations on hitting 3k subs. More videos to come! and about your hair, like your name says. you look charming with that hair! Padayon!
mushi mushi mushi they’re all still “good” or valid for 50 years, but they’re renewable ☺️ For others that have a land lease of 50 years, that’s 2 things they have to renew and will definitely be double the hassle but newer condos now own their lots. 🤔
Ready2Adult PH don’t know about renewal,after 50 yrs some are for renovation,i said some are good for a lifetime because i have a friend who work in filinvest,the condo that they are selling are big enough and it’s good for a lifetime,50 years mostly condo units of SMDC.
you should make sure you will not run out of water and electricity which is the most important part of living either in a house or condo , which this peolple are not talking about.they are more concern about selling.
Hi Charm, I've been watching a lot of your videos and I'm curious now when you mentioned that your goal before was to earn 1 million pesos. Can you please maybe share your experience on how did you earn your first million pesos? Thanks.
Thanks!!! That really makes sense :) I really wanted to put up a business kaso before kulang ang kinikita ko from my work. Now that I'm earning a lot, my problem now is I don't know where to invest my money... Gusto ko talaga magbusiness pero di ko rin alam kung ano ibubusiness ko:(
MR. BLUE there are great condos also outside the city perfect for retirees (Mactan and Talisay), they’re also cheaper. Low-rise Condos are great for retirees since you have access to maintenance and amenities without stressing too much about them.
Ready2Adult PH hi charm,, thats nice to know,, there are condos outside the city,, can you give idea about the price of those condos.? cash? installment? 1 bed room is fine... hope to hear from you.. Mr.blue - from Canada
Ready2Adult PH 2.4million,, one bedroom... thank you for this info,,, i juz keep in touch with you next time.. nice talking to you charm.. i like you coz uR really a nice lady.... Good day !! Mr.Blue
hello charm,, is it ok with you, kung meron ako isuggest na Topic for your next,next vlog? i guess you also need some ideas.... kung ok lang naman sayo na mag suggest ako ng Topic video.. if noT,, then its alright with me....no problem...enjoy uR day Charm... Mr.blue - Canada
Great video and thank you. Your points are spot on. But for roi (return on investment) is your passion then Philippines isn't the best place for that but for living life eating and friends convenience then Philippines is great . I always look for investment properties but the only issue I have is that Philippines is meant to buy and live in not buy and expect great returns. There are special exceptions to the rule. Example sm light residences 4m to 6m generally depending on resale or new. Monthly rent usually 15k in sm light residences. But the mortgage is way higher. In the other example las Vegas 8m to 9m after 20 percent down mortgage is about 40k-45k pesos. But rent is 65k pesos. Thanks for a great video. Please dhl mang inasal please someone help lolololol
I agree that prices in Metro Manila in particular are very competitive and hard to earn from investing in real estate. Prices are crazy But from where I am, Cebu-you can get a 2-4M condo, 10-15k mortgage, and earn 20-25k/month.
![ARGENTINA vs. CHILE [3-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 7](http://i.ytimg.com/vi/De3AWmXzhuA/mqdefault.jpg)
Hi, I work in the real estate industry so I just want to share that condominiums are generally more affordable compared to house and lots within Metro Manila. A house and lot will only be more affordable than a condominium if it's located in the northernmost part of Quezon City around Novaliches or Caloocan City.
And I totally agree that condominiums have cheaper upfront costs because real estate developers offer stretched payment terms for the 20% equity whereas, for house and lots, the equity is around 30% unless the property developer doesn't have a license to sell which is illegal.
An update regarding the existence of corporations, as per RA 1152, corporations may exist perpetually so long as the Securities and Exchange Commission is notified. This is the reason why the leading real estate developers keep on developing luxury condominiums which cost as high as P 100 M +. Thus, with the condominium being future-ready and owners having perpetual ownership, condominiums may be inherited much like a house and lot.
Same with you, I prefer living in a condominium. It's what I bought and cheers on hitting 3k subs:)
Own Property PH thank you for this insight! Definitely helps especially because you’re from the industry ☺️
This is a really big help! Thank you!
Correct
May i ask ano po ang mangyayari after 50 years sa condo mo? Thanks
How about own vs rent. Ownership you're less mobile. Rents are so darn cheap, I just can't see the benefits of ownership. I'd rather keep my money in stock investments.
Just want to share that we bought a condo because it's 1) secure and no one can randomly go up to your unit and 2) it was within our budget while allowing us to save for a house in the future. But when you buy a condo, it's better to buy the parking space together with the unit. Parking space prices can go up really fast so if your condo unit is still pre-selling, might as well buy a parking space as well.
24:19 when she said that adulting is really hard so she loves making these videos for us. To help even a lil bit...
hey, i felt that. Ang-thoughtful. Huhu. Thank you! 🥲
I think the 'making renovations' part was not that much emphasized here. In the investment perspective, that should be a huge factor coz one could easily increase the Market Value of his property with few renovations. And yes, looking at things in more than 50 yr horizon, houses win. Unlike your equity in condos that keeps on depreciating, the value of your land will keep on appreciating over a long term time.
This is on point.
agree
Yeah I don't actually understand why she keeps on saying that the condo appreciates in value in her other videos. On a short term basis, that may be the case but in actuality, the property actually depreciates over time. It's really land that's most important to invest in when it comes to real estate.
@@lliania8158 agreed, all structures deteriorate over time
I prefer to see green space, We bought a lot in novaliches area, although near the city, there are enough greeneries and air is really fresh. The streets are private, plants everywhere. The total cost of the lot is only 400k pesos (2000 per sqm) plus house we spent 1.5M to construct. So in all we spent roughly 2M for a 200 sqm lot with 120 sqm floor area.Our area is not really far from malls like SM and even puregold, its just 5 mins away.
For me I preferred to buy vacant lot inside the metro manila even though it cost a lot of money, estimated 145k per sqm. And after that pag nag kapera na tsaka na ko mag papatayo ng minimalistic house cost 1.5million. And pag nag kapera ulet tsaka ko na itutuloy ang extention sa minimalist dream house ko 😊😊
Looking forward on a future content re: dealing houses/condos on Pag-Ibig/House Loans. Thank you for this great content! 💕
Kareen Abiabi yes! We plan to loan the remaining balance and will definitely be documenting the process. I haven’t tried taking out a formal loan so it’s gonna be interesting for sure haha
I surrendered my condo because of the 50 year rule, as the condo gets older it gets cheaper, aside from estate tax there is condo dues, oversupply is another problem why it gets cheaper. I prefer purchasing residential lands and farmlands, as well as house and lots or townhouses( which Im doing now).
Cost definitely goes to house + privacy :") + you can do whatever you want like decorate your own garden have your own pool etc. Houses are good if you are financially stable and sure
Jaijai Aman yes, people can start out with a condo and but a house later on and have the condo rented out for extra income
Sana may mag discuss about how safe ang condo sa mga earthquakes. Earthquakes tlga kinakatakutan ko.
With our life style I would purchase a condo. It’s more convenient for us as retirees. If I purchase a home I still have to consider hiring for someone to help clean and maintain the house.
Choosing between Condo and House & Lot depends on your needs and budget. Work from home kami so no need to commute, pero if need mo ng malapit sa mga malls hospital schools it depends if may kids ka or elderly, or kung ok lang malayo layo sa kabihasnan basta may kotse ka, so depende talaga sa mga pangangailangan mo at syempre the budget. May house and lot na near malls hospital etc but limited na and pricey, ang murang house and lot is provincial na or sa bulacan rizal, mura pa mga bahay dyan. Mas maganda if you list ung mga needs mo at kung ano budget mo.
Horses for courses. Working from home as in IT has it's advantages nowadays. You don't need to travel, thus saving money and time commuting. With Condo's it's important to stress that a beautiful view can be obscured by another high rise building in the future. As for investing, buying a condo to rent has it's downsides. Tenant organisations often bar individuals from turning their complex into a giant AirBnb building. Plus, rentals are set by availability. If you have a multitude of condo rentals in an area, it can drive down the rental price.
Meh. Location, quality of the units will determine demand for that condo. Know your target market and renting it out will not be an issue
What I'm thinking rn: Want to have a friend like her so I can consult these things to her anytime. 😂 New subscriber here! More power po, your contents are very helpful to someone like me who's having thoughts on investing and adulting tips... 💜😊
I’m down to chat naman haha IG : @ready2adultph 👋🏻
@@CharmdeLeon waaaah! Thank you Ms. Charm! 😊💜
SAME! HUHU
Same. Wala Kasi akong ideas tungkol sa mga need gawin Lalo na gusto ko nang maging independent after graduation. Basta makahanap na agad ng work
@@CharmdeLeon haha pwede din po ako? 🤭☝️😅
Probably the house is better for those who work from home or has Business near the area and are not working in the corporate world at cbd
I agree 😊
Hi there 10:56 MAINTENANCE!
I think if you need a maintenance in your house you can find one in your neighborhood. And it is an advantage if you know them already, In case you need a quick fix or short term project,etc you can call them right away. When it comes to service charge it is much cheaper than hiring a contractor. You can get a quality work and at the same time you also help them for their own. Helping communities🙂 makes happy neighborhood🙂✌
basically its just about "short' or "long" term goal/investment. both are good of course. anyway thank you for a good and informative video. :)
darthvader23 darthvader23 I agree! thank you 🙏🏻
3 years late on this, but I just wanna comment that a lot of those maintenance fees for house and lot can easily be mitigated or controlled because you have control on what mats goes in and out of your house. Assoc dues increases yearly, and most condos at 3m(3.5-4m now) are built on poor quality.
Good video very informative. On the flip side you should do a topic on inflation. I do real estate build and sell, yesterday I got info from agents telling me average lots around Quezon City,Cainta, Pasig,Marikina, and Antipolo has gone up around 1-2k per square in just one year. Labor and materiayales also gone up. A house and lot 100sq meter that use to be 6m is now around 6.4m in just one year. Everything from transportation,tuition,products, food, and etc has gone up. How can an average saver /investor keep up with such inflation especially when the wages doesn't keep up with the inflation?
This is a great topic idea. I really think Inflation needs to be talked about more. A lot of Filipinos don’t understand it and is very skeptical of it. That’s really great insight. Thank you!
Just realized there are other factors I haven't been considering. Thanks a lot for this video!
Thank you for this content! It's really super helpful for me because I'm trying to straighten out my house plan and have everything settled next year. Bless you 😘💕
Welcome 🤗
Your content is very helpful as I am now saving money for my future plans❤️💓
Ehm Jay I’m so glad to hear that! It’s definitely hard to think about the future especially since it’s so far away so yay you! 😬🎉
I chose house and lot for our primary home due to our lifestyle. I got two units side by side nalang for larger space, kasi, we have pets, we cars and we like plants and have seniors sa bahay. Additional expense kasi ang carpark sa mga condominium unlike sa house and lot, its part of the house na.
With amenities and security, condominium wins most of the time talaga. Though there are numbers of reasons na hindi patok sa amin if Condo. I considered earthquake risks din since we have seniors and we will be seniors too in the future kaya plenty of stairs is not an option should a emergency or calamity arise.
Ambulatory access din is one factor for me, we need the ambulance as quick as possible and a high rise can delay the response time in cases of emergencies.
Limited din ang space for gardening and limited space din for pets for a price that can get me two house and lots na.
You can't expand your condo units if you need more indoor space also.
Ang negatrons lang sa House and Lot is you maintain your own property thus your own expense and your own effort. Unlike sa Condo na itatawag mu lang they will fix it for you. Swimming pool is maintained by the association unlike sa bahay namin kami nag mamaintain and its not cheap kaya malapit na syang maging tilapia pond.
Over all depende talaga yan sa lifestyle and foresight mu sa buhay. I have seen a lot of people na sa Condominium na tumanda and they are opting to get a house and lot eventually after selling their condo. So to save myself from complications when dissolution of the building comes, derecho na ako sa bahay at lupa.
Just my luck! My current dillema for this quarter. Thanks for this video.
Zo Mejilla yay! Glad I helped somehow
I'm just 16 but your vids would really help me in planning my life in the future! Haha! Thank you po!
Metro Manila condos for 25 sqm is more than 3m for the top developers. (SMDC, Century Properties, Avida, Camella, etc)
This is in Cebu context for the sake of example 😊 There are 3M condos in MM but not from top developers.
Thank you for sharing! Now I have an idea what to buy for my next investment.
While earning In condo, what other business we can do while waiting for the monthly payment of condo rental fee?
Randomly popped on my news feed, thanks so much for this video, was also planning to buy a house or a condo, really helps me out on which one to go for :)
And look at how you have 4k+ subscribers now. Congrats, you deserve it!
aimee botecial thanks you, Aimee! 🙏🏻 😊
We bought house and lot here in Malolos, Bulacan mura Kasi 1.5 m lang. Plan ko mag invest bumili ng condo sa manila for rentals and pwedeng pag stayan
You’re awesome! Things you share on your channel are not being taught in school. That’s why majority of Filipinos are not financially knowledgeable. Thank you for sharing. Keep it up! 👌🏻
I just watched it today (oct 21) and you said that you reached 3k subscribers but now it's almost 8k 😍😍😍 so happy for you po 😊 you're doing greaaaaat 😊 thank you so muuuch ❤
Thank you! It’s been crazy. I honestly don’t believe it sometimes
I watched today (Oct 26) and it's at 122K! Crazy growth! Love your videos!!!
You are nearly at 70k. This is some really great information.
Thank youuu
Rents are incredibly inexpensive in the Philippines. I can’t ever see a compelling reason to ever buy. Use your capital wisely. I keep a lengthy spreadsheet of companies to invest in depending upon market conditions. Buying real estate in foreign countries is at the bottom of my investment list.
Rent and loan payments (10-year mortgage) are actually more or less the same! More reason to buy. Philippines is not a foreign country to me so that makes a huge difference for the content of this video
Thank you very much for such an informative video. It made my life easier compare to browsing the net either a condo or a house. Love the new hair by the way.
Edgar Allen I’m so glad! Thank you po
Noticed the scotch on your shelf. Glenfiddich and Laphroaig is an excellent choice! Good job on your video!
your new hair is really good, still the glasses made you look more mature.
Great comparison, Charm! This video will surely help a lot of homebuyers in deciding the best option for them. :) Kudos!
I love your topic. I prefer to have a house and lot
Can u discuss about the process of getting a loan with Pag ibig or bank and which option charges less interest.
Subscribed! I loved how you did a comparative analysis on them.. it's well-researched 💞
Thank you. ☺️
Very helpful! I’m saving to purchase land in Badian, Cebu. So this video is really helpful. Thanks!
Wow excited for you! 😱
Haircut looks very nice. Got to be comfortable. Mature looking and sounding with your video.
Hi Ma'am. Good day. I love the topic because it gives me the idea and a choice which is better and ideal to live... hoping that I will be learning more about your videos. Thank you
Im foreinger i buy condo on my name because if i take house foreinger never ouwn house in philipines
Glad, RUclips recommended me to this. Awesome info! Thanks!
Welcome!!
Great content! I would never go for condo as a primary residence though coz i have pets and have a lot of stuff 😊
Game: take a shot every time charm says "okay" 😂
prishism I try to be a minimalist but my plan is to live in it for a couple of years and rent it out afterwards because same haha😂
I laughed at this! I noticed after every point, I say “okay so...”, gotta expand my vocab HAHA
Why would you buy a condo in the city now if all the world turning to work from home set up?
Binge watching RN, interesting videos 😁
Hopefully ma apply ko to in life
Thank you! Enjooooy! haha 🤗 ✌🏻
@@CharmdeLeon wow. Thanks sa reply 😊
Yeeeh! Congrats on your 3k subs!
You look younger on your haircut tho.
Contents always been so informative.
Keep it up!
Jennifer Alforque thanks, Jen! Hopefully not too young not be taken seriously as an “adult” 😂😂
Thank you! Im planning to invest in condo. Hopefully soon. Btw, been following you since you have 3h+ subs pa. Congrats! ❤️
Joseph Sernal wow! Thank you, OG haha ☺️💕
Nice content. I wonder if you have a video regarding buying vs renting vs rent to own?
That’s coming out this month!
Another great content! Is the haircut connected with the Its ok not to be ok Kdrama? Haha You look great btw
Do a vid on on
1. renting vs owning
2. Travel saving tips
3. Frugal habits
Fritz Maandig hahaha! I haven’t seen that show 😂 thanks again for the suggestions! Listing 2 & 3 down. Definitely doing Renting vs Buying in a future video
Hi! Bago lang ako sa channel and I find all your topics/content helpful po.
Miko Mercado welcome to the channel po! Glad you think so ☺️
Thank you for doing this video. I like how you articulate and explained everything clearly. Keep it up! :)
Jaclyn Mae thank you 🙏🏻💕
Thank you so much for this video it's very informative! So happy to have came across your chanel. I'm trying to save a lot for my future. I hope I can have my own condo or own house in the future. 🙏
🤗❣️
Good to know. So resourceful! Thanks for sharing
Thanks for watching!
House and lot ftw! Pero would prefer condo tapos ipa-rent na lang after 😂
You look younger with your haircut, Ms. Charm and congrats to 3k subs. 😍
Bianca De Guzman thank you, Biancs! That’s the dream talaga. Condo, live in it for a few years if you want but ultimately ipa rent. After paying it in full, use earnings to buy a house haha. Best of both worlds 😂
@@CharmdeLeon lovely dream, I hope na magawa talaga. Thanks for your videos! It's really helpful 😍
I love it! You're very well-versed. Subscribed!
Hi Charm, in your opinion, which is better to purchase between a condo unit and a lot if the purpose is for investment return (rental, selling, etc) and not for personal use? Thank you!
For condos it depends on your location for example like near schools, hospitals, supermarkets, also consider the amenities of the condo i.e pool, gym etc (which houses dont have) (this is an ideal location if you want to have a lucrative investment). House and lot located in the city center is very attractive for a busy family but very costly and doesnt have amenities. In short, for practical investment and more lucrative (for rental) condo is better, for selling it really depends on how old is the condo and the location. However, house and lot are pricey but it has more benefits and well worth it in the long run since the land appraisal gets higher as time goes by as compared to condo (which you can earn more if you buy and sell), even the outskirts of the Philippines land prices are going up.
3k subs and now ur amazing
I hope that your also have a topic about the future of condos in Metro Manila. Because of the West Valley Faultline, I am not sure if buying condo is okay in the long run.
Very informative!
It's so expensive buying a house in NYC, so I'll most likely get a condo since it'll be more affordable. If I want a house, i'll probably have to move somewhere else in the US.
France - Personal Finance & Student Loan Debt oh yah definitely. I can’t imagine how much townhouses in NYC are 😅
Thank you for the detailed information to choose between condo versus house and lot.
Aug 2020 3k subscribers. Today Dec 27, 2020 26.4k subscribers. That's amazing.
🙏🏻🙏🏻🙏🏻
A very demanding and interesting topic 😊😊😊
nice content, podcast na next :D
Thank you for this. It helps a lot.
Thank you, too
hello ms. charm. thank you! your videos have been really helpful. i wish you more blessings po! im hoping lang po sana if you plan on sharing with us, your fans, what to consider in renting out a condo. also if its a good idea to rent it out thru airbnb or other platforms.
Nice and informative video!
Playback 1.25x
Charm, i love your videos; however this could have been better if you choose good lighting. ❤️
Thanks for the feedback! Maybe you can check my newer videos and let me know if it’s better? This was on the early parts of the lockdown and I was so noob 😂😅
Hi Charm, my bad I didn't notice this was uploaded 6 months ago. Yeah! I already watched your recent uploads- that's the lighting I am talking about. Good job!!!
@@francecarlomendoza9338 no problem at all haha I appreciate the comment actually. This lighting was horrible 😂 Also, yay thank you!
I like it very informative!
Nice to Watch...Stay safe and God Bless 💕
Congrats on reaching 3000 subscribers! I'm so happy in seeing this channel grow because you teach the viewers important topics for financing and adulthood. I always take notes when I watching your videos HAHAHHA because I really don't want to forget what you say. Thank you for creating great content. Oh btw your hair does make you look younger but maybe it's because I'm used to seeing you with long hair but that's just me hahahaha.
Arje A awwee thanks, Arje! Wouldn’t have gotteh here without each any subscriber (literally haha!) 💕 either way I’m okay with looking young or older naman haha
I really love your channel. ❤️ Nice haircut btw 😉
chuu deguzman thank you! Let me know what other videos you want me to do 😊
For me... I have only one choice... coz I'm Korean so I can buy only condo... right?
PERMISSION TO POST
Correct, you can only buy a condo. if in case you are still looking for a condo property here in the Philippines you can contact me on my viber/whatsapp/iMessage/telegram +639060223836. Thank you!
This is so helpful. I am planning to purchase a house and lot outside the metro but I am also considering a condo within the city since I grew up here. This clarified a lot of the points that I want to check before signing any contracts.
Irene Kate Sosas glad it helped! Curious and Excited to know what you decide on! #FeelingClose 😂
Ready2Adult PH I just recently gotten a hold of my finances and I think I'm doing well po so far. I love your content and it keeps me motivated. Stay safe to you and Jet ❤️ #FeelingCloser 😂
I was just thinking between the two earlier. As always, very informative. Congratulations on hitting 3k subs. More videos to come! and about your hair, like your name says. you look charming with that hair! Padayon!
Awesome, thank you! haha Curious what you decided on!
I GOT FEATUREDDDDDDD!!!!!! loveeee xo
Jaijai Aman 🤗 thanks for watching all my videos 😘
There are some condo's that are good for 50 yrs but there are some that are good for a lifetime.
mushi mushi mushi they’re all still “good” or valid for 50 years, but they’re renewable ☺️ For others that have a land lease of 50 years, that’s 2 things they have to renew and will definitely be double the hassle but newer condos now own their lots. 🤔
Ready2Adult PH don’t know about renewal,after 50 yrs some are for renovation,i said some are good for a lifetime because i have a friend who work in filinvest,the condo that they are selling are big enough and it’s good for a lifetime,50 years mostly condo units of SMDC.
Chaaaarm! Thankyou for sharing this!
AJ Natsume welcooome AJ! I literally went through this pros and cons list myself so it was perfect for a video haha
you should make sure you will not run out of water and electricity which is the most important part of living either in a house or condo , which this peolple are not talking about.they are more concern about selling.
Thanks for the video👍
Why did the raisin bread bag from BCC caught my attention? 😃😃
😂😂😂
Is it true that condominiums are temporary compared to a house and lot?
We loved it, whatever your hairstyle is, as long as your comfortable.
Emer Luis ☺️💕
Being an adult is not hard just be responsible and quiet blowing your money and invest it so you can make passive income
thank you maam. I am doing real estate also.
Hi Charm, I've been watching a lot of your videos and I'm curious now when you mentioned that your goal before was to earn 1 million pesos. Can you please maybe share your experience on how did you earn your first million pesos? Thanks.
Joven Cloza hello, most of my income comes from my businesses (I currently have 6) ☺️
Thanks!!! That really makes sense :) I really wanted to put up a business kaso before kulang ang kinikita ko from my work. Now that I'm earning a lot, my problem now is I don't know where to invest my money... Gusto ko talaga magbusiness pero di ko rin alam kung ano ibubusiness ko:(
Joven Cloza maybe you can find some ideas here 😊 ruclips.net/video/RFvln4shU2k/видео.html , You can try investing also in Funds :)
Hi Charm,, if i ask you,, what is better,, House & lot or Condo ? for a retired guy ... i prefer to live a bit far from the city..
MR. BLUE there are great condos also outside the city perfect for retirees (Mactan and Talisay), they’re also cheaper. Low-rise Condos are great for retirees since you have access to maintenance and amenities without stressing too much about them.
Ready2Adult PH hi charm,, thats nice to know,, there are condos outside the city,, can you give idea about the price of those condos.? cash? installment? 1 bed room is fine... hope to hear from you.. Mr.blue - from Canada
MR. BLUE I’m not in the industry but I’ve seen some for php2.4-3M or $48k-60k for a 28sqm-32sqm 1 BR condo with “resort living” qualities
Ready2Adult PH 2.4million,, one bedroom... thank you for this info,,, i juz keep in touch with you next time.. nice talking to you charm.. i like you coz uR really a nice lady.... Good day !! Mr.Blue
hello charm,, is it ok with you, kung meron ako isuggest na Topic for your next,next vlog? i guess you also need some ideas.... kung ok lang naman sayo na mag suggest ako ng Topic video.. if noT,, then its alright with me....no problem...enjoy uR day Charm... Mr.blue - Canada
Mas mura nga ang condo. Pero takot lang sa height and posible earthquake. 😊
Kapag may lindol.. MAHIRAP kapag condominium 🤣😊kaya SubdivisionHouse Dalwa na ung invest ko.. Tumaas pa ung value..
Charm I love you!
Sa lunes na ng umaga
Yo, new hair! Fits you. :)
Juan Del Sol wow, thank you ☺️
Yes I really love your hair 💖😳
Great video and thank you. Your points are spot on.
But for roi (return on investment) is your passion then Philippines isn't the best place for that but for living life eating and friends convenience then Philippines is great . I always look for investment properties but the only issue I have is that Philippines is meant to buy and live in not buy and expect great returns. There are special exceptions to the rule.
Example sm light residences 4m to 6m generally depending on resale or new. Monthly rent usually 15k in sm light residences. But the mortgage is way higher. In the other example las Vegas 8m to 9m after 20 percent down mortgage is about 40k-45k pesos. But rent is 65k pesos.
Thanks for a great video. Please dhl mang inasal please someone help lolololol
I agree that prices in Metro Manila in particular are very competitive and hard to earn from investing in real estate. Prices are crazy
But from where I am, Cebu-you can get a 2-4M condo, 10-15k mortgage, and earn 20-25k/month.
Now that's good numbers
@@vaporcitizen3276 yes! My rule of thumb when I invested in real estate is dapat 8-12% annual return so you can ROI in around 10 years (+/-).