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The investment thread (Finally)

nudreamz

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Hope to hear more views before investing more.

In terms of real estate investing, most of the time need the word "commitment". To a certain extent, from the government. To a bigger extent, from private corporations. Simply because, there is only so much retail real estate investors can find out and know, verses what these big players are able to know. Shd be safe when big corporations are willing to pump in tons of investment monies in a certain area.
 

nudreamz

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Can someone kindly let me know why Philippines is so attractive to investors?

In Manila Bay, Philippines, total investments, just from the 4 casinos, is in excess of $4.5B. This is $4,500,000,000 of investments! And we have still not mention the Bay City, Convention Centre, Sports Arena, Com Centre, etc. All these are at the Manila Bay area.

City of Dreams opening in mid 2014, Manila Bay Resort in 2015 and Resort World Bayshore in 2016.
 

nudreamz

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Sorry, under moderation, so I think my answers here will be very short and to the point. Much as I wanted to put in more info, I can't currently. No offences. Thanks.
 

nudreamz

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little worried when I travel to Philippines especially when it comes to Chinese kidnappings and natural disasters.

The area itself. In terms of danger, as mentioned above. Manila Bay area is along Roxas Boulevard. Security kept as maximum as firstly, there are lots of embassies around this area, and secondly, they HAVE to make it as secure as possible to attract tourists. Public buses are not allowed in this particular area, just for info.
 

nudreamz

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looking at at least 50% price increase at Malila bay area in a few years.


Price appreciation, SoLeMare had price increase of 50% since launch in 2008. Might had took 5 years, but construction of casino starts in 2011 and finished at 2013. Real price increment is only from this period when investors really see developments are for real. How fast will you think now that rest of investments and constructions are already on-going?
 

Aisanbo

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For Manila, I recently bought into the area known as Bonifacio Global City which is touted as the new CBD replacing Makati.
Renovation and setting the home up would be a big headache.
Fully dependent on the agent to help me and purchase through online. So far so good.

Been to Manila Bay Area but not into the casino yet. Just the Mall of Asia.
I am not sure but that area seems like very early stage and lots of empty land for now.
Might be good area for hotels and commercial properties but I have my reservations for residential.
 

austin_hts

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Just to share, for those keen to diversify...

http://www.channelnewsasia.com/news/business/international/philippine-economy-to/1112088.html

19 May 2014 - Philippine economy to double in next decade: think-tank

MANILA: The Philippine economy will more than double in the next decade as earnings from overseas workers and business outsourcing surge, a respected US-based think-tank said Monday.Once the region's perennial economic laggard, the Southeast Asian country is poised to stage a major comeback to be one of the top three economies in the region by 2030, forecast Rajiv Biswas, Asia-Pacific chief economist for IHS."(The) Philippines economy has undergone a remarkable transition from a pussycat into a tiger economy over the last decade," he said in a statement issued ahead of the holding of the World Economic Forum on East Asia meeting in Manila this week."The Philippine economy has the capacity for robust long-term economic growth of around 4.5 per cent to 5.0 per cent per year over the 2016 to 2030 time horizon," the report said.The economy will grow from its present level of about $280 billion to $680 billion by 2024, "with a projected GDP of $1.2 trillion by 2030," he added.He cited the strong growth of remittances from the estimated 10 million Filipinos working overseas as well as the local business process outsourcing industry, which has surged in the past decade.But Biswas also warned that in order to sustain economic growth, the Philippines will have to improve conditions to attract more investment to the key tourism and manufacturing sectors.He warned that the country still ranked very poorly on the World Bank's ratings for ease of doing business.He also cited government figures showing that despite the rapid growth, one in four Filipinos still lives in poverty while unemployment and underemployment remain serious problems.The Philippines has been one of the fastest-growing economies in Asia in recent years, posting 7.2 per cent growth in 2013.- AFP/nd19May 2014
 

freedom2005sg

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Loyal
Sorry guys,

there are so many posts and threads. And I don't have time to go through all.

Can someone point me to a place where I can get a detailed data on

-Condos that are still available to foreigners at RM500,000 range (before the new RM1 mill law)
- Locations
- Looking at Studio units (500 to 700 sq ft)
- 500 - 700 psf

Please let me know.

Thanks.
 

freedom2005sg

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Are there any buyers of D'Rich Residences at Nusa Duta and have they successfully rented out their units? Let's take for example a 904 sq ft unit. What are the chances of renting out D'Rich Residences at say RM1600 (min) - RM1800 (max) ? Able to rent out within 3 months of taking our keys?
 

freedom2005sg

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Loyal
Hi. Wish to hear opinions from those who have rented out their units.

Consider these 3 condos

1. D Ambience (Jalan Permas) - IJM Land - Freehold
2. M Condo (Larkin) - MB Group - leasehold
3. Meridin Bayvue (Sierra Perdana) - Mah Sing Group - Freehold
4. The Aliff (Tampoi) - MB Group - Leasehold

Which is the easiest to rent out? Why?

Is Freehold necessarily better than leasehold? And why?

Thanks.
 
Last edited:

austin_hts

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City of dreams , manila, soft opening very soon by end 2014. official opening before CNY.

https://www.facebook.com/cityofdreamsmanila




Just to share, for those keen to diversify...

http://www.channelnewsasia.com/news/business/international/philippine-economy-to/1112088.html

19 May 2014 - Philippine economy to double in next decade: think-tank

MANILA: The Philippine economy will more than double in the next decade as earnings from overseas workers and business outsourcing surge, a respected US-based think-tank said Monday.Once the region's perennial economic laggard, the Southeast Asian country is poised to stage a major comeback to be one of the top three economies in the region by 2030, forecast Rajiv Biswas, Asia-Pacific chief economist for IHS."(The) Philippines economy has undergone a remarkable transition from a pussycat into a tiger economy over the last decade," he said in a statement issued ahead of the holding of the World Economic Forum on East Asia meeting in Manila this week."The Philippine economy has the capacity for robust long-term economic growth of around 4.5 per cent to 5.0 per cent per year over the 2016 to 2030 time horizon," the report said.The economy will grow from its present level of about $280 billion to $680 billion by 2024, "with a projected GDP of $1.2 trillion by 2030," he added.He cited the strong growth of remittances from the estimated 10 million Filipinos working overseas as well as the local business process outsourcing industry, which has surged in the past decade.But Biswas also warned that in order to sustain economic growth, the Philippines will have to improve conditions to attract more investment to the key tourism and manufacturing sectors.He warned that the country still ranked very poorly on the World Bank's ratings for ease of doing business.He also cited government figures showing that despite the rapid growth, one in four Filipinos still lives in poverty while unemployment and underemployment remain serious problems.The Philippines has been one of the fastest-growing economies in Asia in recent years, posting 7.2 per cent growth in 2013.- AFP/nd19May 2014
 

austin_hts

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Loyal
Can take free shuttle buses to various attractions, including rhe airport. No need to take taxis, just like in Macau.
Start from 14 Dec 2014.

IMG_20141210_213100.jpg


City of dreams , manila, soft opening very soon by end 2014. official opening before CNY.

https://www.facebook.com/cityofdreamsmanila
 

austin_hts

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http://www.channelnewsasia.com/news/business/philippines-opens-mammoth/1632450.html

Philippines opens mammoth casino-resort, seeking high-rollers

POSTED:*03 Feb 2015 00:18

MANILA: A new mega-casino opened in the Philippines on Monday (Feb 2) as the fast-growing Southeast Asian nation raises its bid to become a world gaming destination.Manila aims to rival Macau and Las Vegas in terms of gaming revenues, and the "City of Dreams" is the latest in a string of casinos that have opened in recent years.The new casino is an imposing structure on Manila Bay with six gleaming golden towers surrounding a giant egg-shaped dome, and industry and government leaders hope that it will attract cashed-up tourists from other parts of Asia.The casino is a joint venture between the country's richest man Henry Sy, Australian billionaire James Packer and Lawrence Ho, son of Macau casino mogul Stanley Ho."The goal is to find the best (sites) in Asia ... The Philippines is one of the fastest growing economies anywhere in the world. We've seen the market really pick up," Ho told reporters. He also acknowledged the huge cost of building the resort. The Philippine government requires a minimum US$1 billion investment for new casinos built in the area.Packer said jokingly that the resort was inspired by Hollywood movies "Casino" and "Oceans Eleven", and Robert de Niro, Martin Scorsese and Leonardo DiCaprio have appeared on giant billboards and TV commercials to promote the casino.The 6.2-hectare complex is the second of four mega resorts to open on reclaimed portions of the bay, just a few hundred metres from the city's slum communities.The City of Dreams' golden dome, called the "Fortune Egg", houses two exclusive nightclubs, including Pangaea, where Picasso copies hang beside pictures of safari animals on walls covered in fake snakeskin. Monday's glittering opening for City of Dreams is to be capped off with a concert by American music stars Ne-Yo and Kelly Rowland.The Philippines economy grew at more than six percent in 2014 for the third straight year, prompting economic planning secretary Arsenio Balisacan to comment that the country has shaken off its reputation as the "sick man" of Asia.- AFP/de
 

austin_hts

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Loyal
This is positive for casinos outside macau? Eg spore, manila? City of dreams is the third large casino to operate in manila, and the second one at manila bay. Two more integrated resorts to come, and nearby the Mall of Asia. There are several residential projects around. Prices have gone up, but there is still plenty of room for increase.... Check out if keen to diversify out of Iskandar.

Cheers.

Macau's casinos are not doing well after corruption crackdowns in China.
 

FHBH12

Alfrescian
Loyal
This is positive for casinos outside macau? Eg spore, manila? City of dreams is the third large casino to operate in manila, and the second one at manila bay. Two more integrated resorts to come, and nearby the Mall of Asia. There are several residential projects around. Prices have gone up, but there is still plenty of room for increase.... Check out if keen to diversify out of Iskandar.

Cheers.

By the time you read widely in news, it is too risky to get in.
 
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