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Infographics: Things you should know about buying a condo

This inforgraphic is made by Moneymax.ph. The picture shows the pros and cons of condos that you need to know.

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5 Tips for Workers Who Rent Condo Units in Makati City

One of the busiest financial district in the Philippines is the city of Makati. One proof of that is that there are 189 Condominium buildings in the city. Wherein most of these condominiums are used in business offices and home properties. According to the PSA , the city has a 93.4% employment rate in 2015, which clearly shows its active work force. The city is highly developed and workers from the surrounding provinces are finding their own way on how they can save more of their income and to bring home more for their family. Although the salary grade in the city is much higher than in the provinces, but the cost of living is much higher too. That is why saving money is the first dilemma of the non city residence workers. Most them live or stay in condos in Makati to save as much as they could compare to daily transport fare that would rise up higher compared to renting a unit nearby the place of their work. Daily commuters are suffering from traffic, tiredness, fatigue, and...

Condominium Jargon You Need to Know when Buying a Unit

If you’re ever interested in buying a property for sale in Manila , you’ll eventually have to read through a lot of paperwork and listen to a ton of legal and real estate talk. You can’t know all the technical stuff that they mention but you can get familiar with the ones that are most used the real estate biz. Admin – abbreviation of Administration/Administrators; they’re basically the people you go to if you have suggestions or questions on how the whole building does its operations. Think of them as your office managers or better yet human resource. Association Dues – most private subdivisions have an association. An association is made up of a representative of every home owner and association meetings are held so that issues may be resolved and events and updates may be announced. Association dues are dues that you pay for the activities that are done by the association. Amenities - these are enhancements and luxuries that properties like condominiums provide their residents. ...