Buyer be aware in the Philippines Is this normal in all Condos 4K

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  • Опубліковано 19 жов 2024

КОМЕНТАРІ • 77

  • @jakexake2940
    @jakexake2940 Місяць тому +10

    The main problem is that the builder hires local provincial staff with little or no training. Each worker functioning independently of one another. In other words, there is no hegemony and no overwatch. Abject lack of quality control.

  • @ehlersjim12
    @ehlersjim12 Місяць тому +9

    Leasing may be the better alternative to buying. Leasing affords flexibility, allowing you to explore different locations without a large financial commitment. Leasing requires less upfront capital than buying (Abreeza 2 bedroom at 10-12 million peso), with typical rent for a 2-bedroom condo in Abreeza being around PHP 75,000 per month. Landlords are usually responsible for major repairs and maintenance, reducing the burden on the renter - let someone else own the (typical) crappy construction. If you come to dislike your condo/house, neighbors, city or even the Philippines - you simply move. Leasing mitigates most of your concerns in this video. If you are concerned about the construction standards and are going to buy, you will have to have your house built and be onsite to insure your construction standards are met.

    • @christophermoss255
      @christophermoss255  Місяць тому

      Watch my next video about when you purchase a condo The lies they tell you

    • @christophermoss255
      @christophermoss255  Місяць тому

      Coming out soon

    • @hi-tych
      @hi-tych Місяць тому

      Of course. Unless you're buying one for an investment.?

  • @davidsangelourlifeourway6284
    @davidsangelourlifeourway6284 Місяць тому +7

    The damages that you show in this video was caused by one of the recent major earthquakes. These are the same types of damages in Avida towers when me and my family was staying there a few years back when a 6.9 eartuake happened there. It was very scary being in those buildings during that type of earthquake....No more Condos foe me and my family lol

    • @johnnyg7899
      @johnnyg7899 Місяць тому +3

      I was wondering if after your experience with that earthquake, would you ever consider a two story house there? I worry about flooding and so maybe a two level home is worth it.

    • @davidsangelourlifeourway6284
      @davidsangelourlifeourway6284 Місяць тому +1

      @@johnnyg7899 Yes i would build a two story home here but i would be sure to research the history on the area i plan to build my home. I would build in an area in the province and not close to a coastal line.

  • @rlrlhyatt
    @rlrlhyatt Місяць тому +2

    I built my home and put furniture in it for 4 Million Pesos, 17 years ago. My bro-in-law is a certified Project Engineer. Workmanship was great, and done in a few months. The price includes the land, too. Panabo City

  • @nood5712
    @nood5712 22 дні тому +1

    I was shopping for condos in Davao 2.5 yrs ago. I looked at a condo in abreeza place. The hallways were narrow and dark. The ceiling was low. At the time, 3 yes old but looked 15 yrs old. The swimming pool was closed for repair. I refused to look at any other condos in that building. The elevators slow. I just walked out.
    The cracks are caused by foundation shifting during earthquake. As such, they are deeper than they appear. The cracks cant be repaired cuz the problem is in the foundation. They will only get bigger with subsequent earthquakes and time.

  • @fredlacroix6865
    @fredlacroix6865 Місяць тому +3

    that building looks like it was hit by an earthquake with all those wall cracks...scary

  • @oceanearth2243
    @oceanearth2243 Місяць тому +2

    This is truly a mess! Saw one building in cebu called Ramos tower in disrepair but the rest of the condos I checked looked solid.
    No problems on my purchase

  • @FritzBerlin
    @FritzBerlin Місяць тому +3

    If you have a little knowledge, or a feeling, you will quickly realise that the condo quality in the PH is not the best. Compared to Thailand, it's a small disaster. There is zero need to buy a property. Alternatively, I put my money in ETF and/or REITS and get an ongoing conservative dividend of 4-6% per year. This allows me to rent the property I want and remain flexible, especially if something goes wrong. And liquid forever. It's so simple that nobody does it. It's your own fault if the drama gets expensive.

    • @realfamilyman
      @realfamilyman Місяць тому

      Wow is that considered good? My Australian bank pays 5.5% per annum compounded monthly (effectively 5.68% per annum). ETFs are considered low risk but the bank is even lower risk, with a government guarantee we get our savings back up to a certain amount if the bank fails.

  • @FoundingYouTuber-2005
    @FoundingYouTuber-2005 Місяць тому +2

    There was a building that collapsed in Florida about three years back (Surfside Condominiums). They found some videos of the building interior that showed various defects or damage similar to what you have shown in this building.
    The experts analyzed the damage (cracks in the walls; structural tears; compromised supports). They opined that such damage contributed to the overall instability of the building and that's why it collapsed.
    IMO those damaged areas you filmed at the minimum indicate that building was made as cheaply as possible (e.g., there's no way a building only five years old should be showing that kind of damage. And at worse, and IMO, the damage shows the building is not structurally sound. Would not at all be surprised to hear in the future that the building(s) collapsed.

    • @hi-tych
      @hi-tych Місяць тому +1

      I remember that. And one dude refused to leave his apartment. And we can clearly see in his home. 😂

  • @FoundingYouTuber-2005
    @FoundingYouTuber-2005 Місяць тому +3

    Those defects and damage cause me to wonder how many corners were cut during construction. And I wonder how many building and construction inspectors were bribed to look the other way.
    What concerns me most is just how safe those structures are. In an earthquake are those towers going to collapse? I suspect so.

    • @christophermoss255
      @christophermoss255  Місяць тому

      Well i have been in one and the building rocks side to side

    • @poundtrader1414
      @poundtrader1414 29 днів тому

      @@christophermoss255 building are built to do that, look it up

  • @IanCrouse
    @IanCrouse 13 днів тому

    It's like buying anything. You get what you pay for.

  • @marcandtikayhappiness2000
    @marcandtikayhappiness2000 28 днів тому +1

    Hello Sir, we just came back to France 2 weeks ago from our one trip in the Philippines. The last week of our trip was in Davao city. We rented a condo at Abrizza tower 2 , unit 812. Such a very bad experience. Almost everything was in a very bad condition. From aircon very noisy and not giving cold, to such a horrible smell coming from wardrobe. Amenities closed for maintenance. Very low quality of all the materials in showers and kitchen. As you mentioned all the materials of construction are in a very low quality to save money but not security. There is always something not working in this such of condos. I love the Philippines, my wife is from Davao, but surely i will never buy a condo in the Philippines

    • @christophermoss255
      @christophermoss255  22 дні тому

      Yes i do agree with you about Abreeza Place Condos as they are in poor condition and really not that old My wife and i unfortunately we did buy a condo across from Aeon Towers and its called Avida Abreeza and they lied to us about construction completion date December 2023 and they now tell us maybe December 2024 and thats tower 1 only The pool and club house not completed for another 2 years
      There have been so far 265 complaints about the delays that Avida did not relay to there customers

  • @CarlosAlberto-ii1li
    @CarlosAlberto-ii1li 28 днів тому +2

    The areas to the ceiling is not structual it is gob that they put from the divisions to the cast concrete ceiling, it is not flexible. I would never buy a condo in any block. This is Philippines so no one has had training unless it is for stealing and drinking Red Horse.

  • @RR52517
    @RR52517 Місяць тому +1

    I bought two condos here in Metro Manila. My sister also bought one.
    My 3 cousins bought 5 condos. We hve no problems in our purchases with Megaworld, DMCI and SM.

    • @christophermoss255
      @christophermoss255  Місяць тому

      Yes and l guess it depends on the developer But in Davao City they do have earthquakes out to sea and the tremors come and shake the building and this can happen and cracks appear in the walls and did you know that you yourself have to pay and quake damage to your condo yourself Outside it comes out of the fees you pay monthly

    • @RR52517
      @RR52517 Місяць тому

      @@christophermoss255 We never have earthquake cracks in our condos. That is something.
      However, it should be covered by insurance.

  • @Robmar40
    @Robmar40 29 днів тому

    A condo building collapsed in Davao during an earthquake a few years back.

  • @pmdub4935
    @pmdub4935 8 днів тому +1

    I would never buy a condo in the Philippines

  • @tbag315
    @tbag315 20 днів тому

    Building a home weather condo or house is like standing on nails barefoot.
    There is no quality at all unless, you build it yourself.
    They use hollow blocks, that if you punch them, they disintegrate.
    They dont follow any engineering plans including how they construct the rebar, columns and beams.
    I learn this on my build which i had demolished because of the above reasons, plus there was No and i mean NO foundation.
    Naieve me for sure but i wont make same mistake twice.
    When i look at builds here on youtube, i see all the same problems.
    Better off with a Bahay Kubo

  • @Juice17408
    @Juice17408 4 дні тому

    Maybe the fact that an expat can’t buy a house in the Philippines 🤦‍♂️

  • @joem1070
    @joem1070 Місяць тому +1

    The poor water pressure might be the screen on the vanity faucet.

    • @christophermoss255
      @christophermoss255  Місяць тому

      Please watch my next video about when you purchase a condo Coming out soon

  • @CarlosAlberto-ii1li
    @CarlosAlberto-ii1li 28 днів тому

    I would advise any foreigner to steer clear of buying condos in Phils, but they are not allowed to buy because its illegal so it belongs to the very young girl that you fell in love with hoping she is not lying to you.

    • @kenrice
      @kenrice 28 днів тому +2

      The Philippines allows foreigners to purchase condos. If you buy a condo from a trusted, reputable developer in a desirable location, it can be an excellent investment. I know this from personal experience. Tenants paid off 80% of my housing loan in the first twelve years of ownership. My wife and I bought the condo, lived in it for two years, and rented it out to wealthy Filipinos for ten years. The condo has also tripled in value over a 20 year period.

  • @charlesweatherly3586
    @charlesweatherly3586 Місяць тому +1

    The quality of construction specifically in Condos and house are low. Loose Floor Tiles all over and yes Workmanship is not done to Western Standards. Malls similarly are not built to higher standards knowing and understanding how many people use it daily. Buyers beware and the asking price usually not very negotiable is well above what it should be justified by high quality fit and finish but it's usually not well done and prices are outrageous.

    • @christophermoss255
      @christophermoss255  Місяць тому

      Watch my part 2 coming this Friday about purchasing a condo

  • @TheUberTrekkie
    @TheUberTrekkie 28 днів тому +2

    The intro music was nice and loud, but then you came on mumbling. I stopped watching because I don't want to turn it up and have the adverts blasting in.

    • @johnalcala
      @johnalcala 16 днів тому

      Get UA-cam premium and avoid all advertising cheapskate. I've been paying for no commercials for probably 6 years now and not a single ad

  • @bobbyjames4300
    @bobbyjames4300 Місяць тому

    Most of the time the builders don’t pay the workers well and in return you get disgruntled employees who just don’t care.

    • @christophermoss255
      @christophermoss255  Місяць тому +1

      Probably correct but the quality of what they use for the walls comes apart very easy They started to fix all the floors before i left Abreeza Place Davao City

    • @bobbyjames4300
      @bobbyjames4300 Місяць тому

      @@christophermoss255 yes true and on the materials side , they are inferior by our standards.

  • @realfamilyman
    @realfamilyman Місяць тому

    What noise are churches making at 4AM? Do you mean the bell? That time is crazy. Many people would watching TV til late, thus getting only a few hours sleep.

    • @bluestreak5907
      @bluestreak5907 Місяць тому +1

      I'm a FIlipino and I wrote a letter to our parish church to STFU that damn bells at 4am. They stopped. LOL. I wanted to talk to the priest personally but he was not always around.

    • @realfamilyman
      @realfamilyman Місяць тому

      @@bluestreak5907 So I guessed right. I can't get over that... I'd probably sleep through the roosters but ringing church bells at 4AM... wow. Anyone who wants to go to church that early would already be awake. Good that they stopped. (I have wondered though, if roosters would eat rat poison tossed over a fence.) ;-p JOKING.

    • @christophermoss255
      @christophermoss255  Місяць тому

      Music and singing

    • @realfamilyman
      @realfamilyman Місяць тому

      @@christophermoss255 Ah ok. I figured you wouldn't hear that outside the building.

  • @i-am-your-conscience
    @i-am-your-conscience 29 днів тому +1

    Well, as a foreigner you only can buy a condo and not a house. Maybe a lawyer should explain this to you 😅 if the lawyer is a friend to your Filipina, maybe you should get a second opinion

  • @Mandingo44
    @Mandingo44 Місяць тому +4

    Why buy when you people only got maybe 5 to 10 years to live?😂

    • @nood5712
      @nood5712 20 днів тому

      @@Mandingo44 according to my calculations, the rent spent is equal to the price in 13 years. If u live past 13 years, you would be living for free. It is insurance against unexpected long life.

    • @Mandingo44
      @Mandingo44 19 днів тому

      @@nood5712 After 13 years you die? Then what?🤣

    • @nood5712
      @nood5712 19 днів тому

      @@Mandingo44 then you break even. I bought my condo 2.5 yrs ago for 6 million pesoes. Today I can sell it at a discount for quick sale for about 9 million. The appreciation was added bonus and not part of my calculation..

    • @Mandingo44
      @Mandingo44 19 днів тому

      @@nood5712 Even? 🤣 If you have a family it's ok but if you're single you're a loser. 😁

  • @chaoem52
    @chaoem52 Місяць тому +2

    i think you will find that condition on most condos in the Philippines

    • @christophermoss255
      @christophermoss255  Місяць тому +1

      I will let you know after i move into our condo Avida Abreeza in Davao City
      My next video coming out soon is about when you purchase a condo

    • @LarryfromPH
      @LarryfromPH Місяць тому +1

      Most condos? There are actually a significant number of legitimate developers in PH that you can consider buying from.

    • @JABM-AU
      @JABM-AU Місяць тому +1

      Lmao most condos? These kind of expats are looking for luxury accommodation for a cheap price.
      There are a lot of condos in the Philippines far better than what you get in New York.
      The ignorance!

    • @wanderingdoc5075
      @wanderingdoc5075 26 днів тому

      ​​@@LarryfromPH I would highly disagree. I've toured over 30 projects from all the top developers in Cebu and Manila, and one commonality I've noticed is that after about 3 years most of the condos in the Philippines look at least 15 years old. Poor quality construction and lots of corruption in the management who does not maintain the building.
      However in Thailand a lot of my friends who have owned condos for 20 years the condos still look fairly new. They actually use the HOA fees to maintain the building.

  • @user-rw718
    @user-rw718 Місяць тому

    Thats not shady work the building ia moving due to the land is shaking. That building will be worthless in time. Who ever brought those units will never be able to sell them. I wouod never buy in a country where i cant rent the same units for 400$ dollars a month

  • @merrileeleonard6372
    @merrileeleonard6372 Місяць тому

    Snippet: Foreigners or visitors to the Philippines can only Lease or Rent -- either for condos, single house, apartment living, etc. You cannot buy or own any one of the above property unless you are a native person of the Philippines or in some special provisions within the law, could otherwise be eligible to own a real estate in the Philippines. There are, in some special cases, a foreigner could buy and own his or her real estate in the Philippines, but it must be within the agreement of "A Privilege Eligibility Law." Other than this, visitors are strictly asked to comply with the (10-days) tourist visa entry into the country and must return back home before their tourism visa expires. Could a foreigner buy a piece of real estate in your own land? How many days could a tourist stay in your country before returning home? Does your land have an Immigration Law? Some countries on earth do not have Immigration Policy and would not allow foreigners to come see their land nor could buy property in their country; like a single family house -- it's against their law. be blessed. sep2024

    • @bluestreak5907
      @bluestreak5907 Місяць тому +2

      Foreigners can own a condominium in the Philippines. But only up to 30% of the total units per building.

    • @christophermoss255
      @christophermoss255  Місяць тому

      In Australia you can buy what you like and anyone can buy anything Buy many homes or business or even a retail electricty and sell to the poulation Its called foreign investment which brings in billions of dollars to the Australia economy A home in Australia now is 1 million dollars
      A tourist can stay up to 1 year
      I have investments in the Philippines A Condo Land on Samal Island and Cebu Island and Maragusen in Mindanao Island and yes i am married to a filipino and i will soon retire there to get away from western life

    • @merrileeleonard6372
      @merrileeleonard6372 Місяць тому

      Reply to@@bluestreak5907 -- A very strange property ownership, which is limited only to [30% ] of what you've overall paid for. Again, foreigners cannot buy nor own a real estate in the Philippines -- some 'kink' like what you just said would always come into the entire sale or equation. Leasing might be a much better living choice financially and for temporary living arrangements -- since you cannot 100% own what you bought paid for. I would not be surprised if laws could become even more tighter in days ahead for various reasons, but certainly due to lack of more affordable housing for native citizens. Enjoy your stay in Manila. be blessed. sep2024

    • @dantorres506
      @dantorres506 Місяць тому

      @@bluestreak5907 It's up to 40% actually.

    • @marcandtikayhappiness2000
      @marcandtikayhappiness2000 28 днів тому

      This is wrong, a foreigner can buy a condo in the Philippines 😂

  • @realtalkerrr
    @realtalkerrr Місяць тому

    you just made this just to discredit? go to othe countries then maybe thailand suits you better.

    • @christophermoss255
      @christophermoss255  Місяць тому

      No i did not do to discredit Its the quality of what is being used I have stayed in many condos and this is the first time i have ever seen this in a building Abreeza Place Davao City
      YOU GO TO THAILAND

    • @realtalkerrr
      @realtalkerrr Місяць тому

      @@christophermoss255 I'm no foreigner to my country sad to say, if you got issues here you dont have to confuse yourself of letting the world know, find that suits you in discreet. i think its more appropriate.

    • @NoComplience
      @NoComplience Місяць тому

      Pathetic construction.

  • @HansGruber-r8s
    @HansGruber-r8s Місяць тому

    YOUR MAIN FAULT IS, YOU PICKED THE WRONG LOCATION.
    NO ONE BUYS A CONDO IN THAT LOCATION. YOU SAID IT YOURSELF, THEY USE IT AS AIRBNB.
    NO ONES SPENDS 7 MIL, ON A VICINITY AREA, WITH A SMELLY RIVER WATER. 😂
    NOTWITHSTANDING, ONE MUST CHECK THE QUALITY FIRST OF THE CONDO, BEFORE BUYING. THAT'S A GIVEN.

    • @bluestreak5907
      @bluestreak5907 Місяць тому +1

      That's Gaslighting. The developer of the condo is one of the biggest in the Philippines, they should provide quality projects in a good location

    • @christophermoss255
      @christophermoss255  Місяць тому

      But its well after that those cracks appeared but they have started to repair the walls as i was leaving Watch This Friday part 2 about purchasing a condo

  • @sheiladikshit5110
    @sheiladikshit5110 20 днів тому

    that's just the superficial stuff, i guarantee you the entire building's rotten to the core.