Property prices in Manila

Hello everyone...

Once I arrived I stayed  in temporary fully furnished apartment at Eastwood paying 45k a month, till I found  the house I was looking for in pasig. Well yes it's nice house with walk in cabinet and backyard... but surprisingly was surprised to know that the landlord even you have a year contract with still have the right to sell the house anytime, and its the new owner call to continue the contract, cancel it, increase the rent or what so ever. Means now am in a house that at any moment of time might be sold and me kicked out!

So if that happen then I guess living in a condo will be more secure for me and my family.

Yo,
Depends really on the "area" where you are planning to buy and also your expectations.
I'd say $100,000 would be a safe ballpark price if you are planning to buy a good condo in the city.
Cheers

paranaque city  good place for you  5 to 10 minutes going airport if no trafffic,,if you want more fresh air, 30min ride in airport.i reccomend,Laguna,or cavite..

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If you would spend a few years in Philippines, I'd suggest to invest a property there. The market has been booming since 2012, even until now I'm still very optimistic about the property market here. I had 2 units bought couple of years ago by pre-selling at [link moderated], the price has gone up almost 100%, and yet the rental yield is 7%/year easily.

Some developers like SMDC offer rent-to-own units, which the unit has already turnover, you just need to pay 10% (some even 5%) to move in, pay the interest free installament of 15% in 2 years, then only pay balance by cash or bank loan. It's good deal rather than renting condo.

What is the biggest unit they have at SMDC?