Condos are Quickly Becoming Vacant in BGC Philippines 🇵🇭

Correct. Condo developers in the Philippines have created a bubble with their super inflated prices. That's why I only buy "low-end" lower-priced condos located in strategic & booming areas under the VAT threshold. That way when the Philippine real estate market crashes in 8-12 years, I'm okay holding on to a decent & reasonably priced and fully paid retirement pad that I can actually use when I fly to the islands when I'm on vacation.

I'm 5:54 minutes into the video and I can't help but make a comment on that first 1 BR condo that is so puny. That costs 45k?? omg. If you're someone who's watching this for the reason of moving into a condo, heed my advice. Look around and be patient. There are a lot of condos in the metro that offers a better deal. Bigger, better developer, same area or in Makati and to top that half the price of 45k! These guys are pushing it too hard, taking advantage. I was just in the same position at about a month ago and I saw a couple of units, when you do find that unit that fits your budget right, it doesn't have to be low end just to meet your financial capability. Trust me, when you find it, it almost feels like other units are a scam.

Work-from-home arrangements hit these condos really hard. If you can work and live with your family at the same time, away from traffic and all, you'll definitely ditch the city life. And many companies are holding their ace cards for now while anticipating the economic boom in Bataan because of the Bataan-Cavite bridge project. House and lot sales in Cavite and Bataan will soon increase, affecting real property prices in nearby cities.

Utterly small, unimpressively furnished units. I live in Tijuana Mexico, and I pay $950 a month for a fully furnished unit (2000 sq. feet, 3 balconies, 2.5 bath, huge kitchen (16ft X 13cft).; laundry room with washer & drier, and panoramic ocean views from all balconies.

Good to see more videos of those Federal Land developments. Hope you can have one for their newest tower, Park Avenue, and how it compares to their older towers and against Parksuites 👍

Inflation ? 10% 90% greed…

This is the problem with most Philippine architectural designs. They look modern & futuristic outside but, the interior design doesn't make sense at all. Because of the expensive types of furniture that go inside a house or building most of these designers grew up never really had the feel of a full house.

45,000 php per month for a one bedroom is highway robbery.... filter in utilities.. no bargain there. No wonder so many are empty

People should remember that Taguig, where BGC is in, has a fault line running through it.

Expats live in the Philippines for economical living. Not many want to pay 800-1000 US dollars per month for rent. Most are wanting 500 max per month. In Bangkok, you can still get a nice condo for $150 (small) -$300 (roomier) per month, right near the BTS too. $500 will get you a larger, well located condo. Imagine what you can get outside of Bangkok in some of the suburbs or outlying smaller cities.

Wow i like that condo with the massive swimming pools Mergim thank you for showcasing the area for shore it will help me and my husband to shop for condos thanks for sharing

They keep building new condos as if they are selling them like jellybeans. For expats rental prices in PH are good but selling prices are insane. In Cebu most units are unoccupied. Speculative investors bought up chunks to keep prices inflated. You can buy a nice condo in a developed country like the US in a state like Florida for the same price of what they are asking for condos in the Philippines. Though BGC is like living in a bubble, it is a nice one.

Makati CBD still better, bigger and more diverse. BGC is just modern but no character.

The view from the pool!😍

I just want to weigh in on the smart TV issue. TVs can last anywhere between 10 and 15 years and rarely more than that. The issue is media streaming technology is changing very rapidly. If you have a smart TV with Android ## built-in, it is possible that it will be non-functional in as little as 4 years. In my honest opinion, I believe in getting a non-smart TV and then adding whatever streaming device dujour so that you can easily upgrade when it ceases functioning properly. 👍

IT'S INSANELY SMALL!!! Why is a sofa jammed up in the hallway??!! Where is the Living Room? I get it that people are supposed to be trained to expect less. Fine. But to me a proper 1 bedroom apt has to be at least 600 sq. feet or 55 sq meters. Where ... WHERE ... can one find that? And what do they go for? Frankly, I'd prefer a 1 bedroom with an office or 2nd bedroom, so 1,000 square feet is more workable. In fact 1,000 sq feet should rent for $1,000 USD -- yeah, that seems about right (and probably on the high end.) Thanks in advance for advice.

Manila is on gigantic real estate bubble. It’s crazy, properties are ridiculously priced, some of them are even more expensive than properties in some cities in the US

Does anyone know if the backup generators for the condos in the Phils usually provide power to outlets? I would imagine that it might vary, but I am curious about what people are seeing, specially in bigger-city areas such as BGC. Thanks.

Not bad nice Condo unit the amenities good

Very informative condo tour❤