HOUSE-HUNTING ON THE GO

How can you fit house-hunting into your busy lifestyle?

MANILA, APRIL 8, 2015: It is no secret that today’s lifestyles are more hectic than ever before – with many people trying to balance work, families, friends and hobbies. Throw house-hunting into the mix and 24 hours just does not seem like enough time.

Finding the perfect property, organizing and attending viewings, and negotiating with sellers can seem overwhelmingly time consuming when you are constantly on the go. Global property portal Lamudi has compiled a list of top tips to help house-hunters to find their dream home on the move.

Get yourself organized

Having a schedule is essential to organized house-hunting. Make sure your electrical organizer is up to date. Sync your computer calendar, such as Google or Outlook, with your mobile phone, to make sure that you have all of your viewing appointments in the palm of your hand. Put aside one full day to see a number of properties,

Download the app

Make sure you have the app for your favorite house-hunting websites downloaded to your smartphone. Instead of bookmarking your preferred sites, create one folder on your phone for all property-related activity, such as maps, to-do lists, and classifieds apps. By using apps, you have all of your favorite houses and apartments in one place, with no fear of losing the details or forgetting the features.

Get ahead of the game

Sign up for email alerts when any new properties meeting your criteria are added to the property website or app. This will save you time having to trawl through the hundreds of new properties added daily, highlighting those most relevant to your search. This way, you can keep up to date quickly and easily, as well as stay aware of the average cost of properties in your desired location with the same features.

Be specific

Using a house-hunting app, you have the option of changing your preferences with the flick of a finger or the click of a button. When searching, use filters to change the features you are looking for, such as specifying your wish for an in-built kitchen or fully-furnished living space to see what is on the market. This will help you to narrow down your search, and reveal options that you may have otherwise overlooked.

Ask an agent

Reach out to a real estate agent to help you with time-consuming logistics, such as organizing viewings and negotiating with sellers. An agent will have the expertise and experience to advise you on suitable properties, whilst sharing knowledge on the best neighborhoods, and most reasonable prices. This will save you hours of research, and clear up any confusion you may have, for example regarding average sales or rental costs.

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A GUIDE TO CONDO PRICES IN METRO MANILA

INFOGRAPHIC: A GUIDE TO CONDO PRICES IN METRO MANILA

Average price of condominiums in Metro Manila’s key cities revealed

GuideToCondoPrices

Image via IngImage

MANILA, JANUARY 27, 2015: Property-seekers on the hunt for a reasonably-priced condominium should consider buying in Las Piñas, which has emerged as the city with the lowest average condo prices in Metro Manila.

At Php49,849 per square meter, buying a condo in Las Piñas is likely to be cheaper than anywhere else in the metro area, new data from property portal Lamudi Philippines shows. At the opposite end of the scale, Makati is the most expensive, with condos in the area costing an average of Php139,012 per sqm.

Based on an analysis of its 90,000-plus property listings, Lamudi has created a heat map revealing the broad range in condo property prices across Metro Manila. The information mined from the global property portal’s extensive data gives property buyers an in-depth look into the Philippine capital’s condo real estate market, and informs homebuyers and property investors on what to expect if they plan to buy a resale condo property in the coming months.

As expected, Makati tops the metro’s condo property market, boasting an average asking price of Php139,012 per sqm. An average 120-sqm condo in the city may have a selling price of about Php16.68 million. However, although Makati’s property market is quite pricey, the city has a wide range of condo properties available, from a very expensive Php388,888-per-sqm branded residence in Ayala Center, to an affordable Php27,137-per-sqm medium-rise condo in San Antonio Village.

Taguig comes in second, boasting an average asking price of Php126,129 per sqm. Condos in the city’s Bonifacio Global City (BGC) area command the highest prices, with the most expensive boasting an asking price of Php333,333 per sqm. The cheapest condo on the market in Taguig costs Php23,333 per sqm, which is located in the outskirts of BGC.

Pasay and Quezon City have almost identical average condo prices (Php104,685 and Php101,277 per sqm, respectively), but the latter being much larger has more for-sale condo properties.

The Lamudi data also revealed that average condo prices in Manila, Mandaluyong, San Juan, and Pasig are at Php95,134, Php88,174, Php87,294, and Php80,329 per sqm, respectively, whereas those in Parañaque, Muntinlupa, and Las Piñas cost Php64,276, Php60,804, and Php49,849 per sqm, respectively.

No data was generated for Marikina, Valenzuela, Pateros, Malabon, Caloocan, and Navotas due to lack of condo listings in these cities.

GuideToCondoPrices-3

Jacqueline van den Ende, Managing Director of Lamudi Philippines, said the analysis was designed to inform Filipinos on property prices and to give them a clear picture of how the real estate market was behaving. At the moment property buyers can only rely on unorganized and incomplete data churned out by different organizations.

“The Philippine real estate market is rapidly growing and what the market needs is hard data to inform Filipinos’ buying decisions,” said van den Ende.

One of the highlights of the analysis, according to van den Ende, is that although Makati still boasts the priciest pieces of real estate in Metro Manila, Taguig is quickly catching up and may even overtake Makati over the next few years if current growth trends continue.

“In the future, our property price analysis will also include not only of condos but also prices of houses, commercial and office spaces, and industrial properties from across the Philippines,” she said.

ABOUT LAMUDI

Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 32 countries in Asia, the Middle East, Africa and Latin America, with more than 800,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online. For more information, please visithttp://www.lamudi.com.ph

 

 

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