ALL BLOG POSTS

Feb 28, 20231 min read

ALI Prelim Financials

Highlights of Ayala Land’s financials for 2022 have been released. Here are my key takeaways.

Feb 28, 20231 min read

Criminal Tenant

Once upon a time, a broker leased a condo unit. Everything moved smoothly until the broker got a call from the building admin.

Feb 27, 20232 min read

Expect RPT to Increase...SOON

The DOF presented its Real Property Valuation Reform (RPVAR) plan in an event in Cebu last February 25, 2023.

Feb 21, 20231 min read

The Unfixable Tile

Once upon a time, an owner of a newly turned-over office unit noticed a chipped tile in the common area right in front of his property.

Feb 20, 20231 min read

BIR Wishlist

Here are three things I wish the BIR would do to improve services. Just some wishful thinking.

Feb 17, 20231 min read

Revised Zonal Values - Marikina

The BIR has released new zonal values for RDO 045 - Marikina City that are effective February 16, 2023.

Feb 17, 20231 min read

Another Rate Hike

On February 16, the BSP raised key interest rates by another 50 basis points (0.5%) after January recorded an inflation rate of 8.7%.

Feb 16, 20231 min read

Lighting

One thing that has boggled me during my life as a broker is why most condos haven't upgraded to LED lighting.

Feb 15, 20231 min read

Payment Terms

When describing payment terms for pre-selling projects, developers present three numbers. Here’s how to read it.

Feb 14, 20231 min read

"Vacant" Unit

Once upon a time, a broker was showing a condo unit to a client.

Feb 13, 20232 min read

ONETT Trap

The ONETT is BIR's "one-time transaction" computation of taxes to be paid for selling a real estate asset.

Feb 10, 20231 min read

RTGS

There is another way to "wire" funds between accounts from different banks. This system is called local telegraphic transfer or RTGS.

Feb 9, 20231 min read

Good Practices

Here are five practices all brokers should do.

Feb 8, 20231 min read

Advanced Rental

Lessors demand tenants pay “advanced rental” in lease contracts. This amount is measured by the number of months of rental.

Feb 7, 20232 min read

Problems with Bank-Fin

Bank-Financed purchases, what can go wrong? Here, I'll discuss two of the most common problems when it comes to bank-financed purchases.

Feb 6, 20232 min read

Bank-Financed Purchases

Here's a short explanation of how bank-financed purchases work in the country. (I thought of making something I could forward whenever...

Feb 3, 20232 min read

Prime Villages CAGR

Here’s the historical CAGR of some of the country’s top villages. You can look at these numbers in two ways...

Feb 2, 20231 min read

25% Tax on Sale of RE

Cong. Salceda filed a bill that imposes a 25% tax on non-essential goods (NEG), which includes RE properties sold for more than P100K/sqm.

Jan 30, 20231 min read

CBEX

SMC is set to bag the Cavite-Batangas Expressway Project.

Jan 27, 20232 min read

CAGR

The Compounded Annual Growth Rate (or CAGR) is a formula that coughs up a percentage you can use to compare investments.

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