20-minute preview of our Philippine condominium unit
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- Опубліковано 25 кві 2023
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Very nice ! Thank you for sharing!
You have a very nice condo with great views and the concept is beautiful. Thank you for sharing.
Beautiful! Thank you Grandpa for doing this video! 💗
Very Nice, Maraming Salamat for sharing.
This is nice grandpa..thanks for the tour
Nice place. Love the Lobby. The windy areas are fantastic
Wow! This is a bonus.. The view takes my breath away! Thank you for sharing! Good choice!
Beautiful condo enjoy your stay in the Philippines.
Very nice and thanks for showing.
Great views from your unit. Enjoy your home away from home.
So beautiful Grandpa you & your wife are so blessed to have that place 🏡🙏
Thanks for the tour❤️
I’m happy for you,sir. Enjoy your stay there.
Well described vlog of a condo in the Phils .... thank you ... thinking of getting as well and this is very helpful. ❤
I used to stay in a place on Roxas Boulevard near the US embassy. Loved the view at night. It was near the bay and Mall of Asia. I enjoyed having the ocean on one side. Building a house in Mindanao right now, but I love the city.
Tysvm f9r this vlog. Whil3 ai have many friends from the Philipines, I've never visited. I appreciate the care you took to explain y9ur desire for a place to live that wasn't a sterie box.😊
Wow Sir you have a beautiful condo and very nice .
nice. Global City very nice. I just spent 7 days in St. Luke's Hospital there. Most excellent hospital.
Think you Grandpa for your showing. Really enjoyed it. I am in the process of moving to PI. Have not decided yet which area. Have travel to different locations.
Very nice place
Nice condominium grandpa. I like it too.
Thanks for showing us.
Pops it scared the crap out of me that is way up there I don’t think I can live that high I’ll stay closer to ground.over all it is a nice place.enjoy you’re place in the Philippines pops.
Nice grandpa good buy
It’s a nice condo and it’s good you got a 3-bedroom so that when you vlog you’re in your own space (room) there. Good you got parking as well. I’m fortunate too that I got the same unit like yours in Quezon City naman. It’s great for the price and already appreciated in value even before moving in.
Great video, that condo unit and how it is open, is much better than those here in the U.S. Where it feels like your walking down a hallway. Can’t wait to return next January and research cities and areas where I want to live and retire. I’ve heard about Pasig from friends, I like Makati but too $$$ 😂. God bless.
Very nice! The lobby looks like a 5-star hotel area. The unit is large for a condo in Manila. The view is great!
A wonderful place. You can do mini catering service to come to your condo. They will bring a portable cart with burners and all the necessary ingredients to complete your order. They will cook for you in your condo common area. They will set your table using your plates and utensils. After they are done cooking, they wash up their equipment, pack up their cart and leave you and your guest(s) with the meal to enjoy. After dinner cleanup is usually extra. This service is kinda expensive, BUT walk this path once and you might not want to take a different path. I have a small condo in Makati and I’m looking for a much bigger place. Unfortunately I like living in the middle of Manila in the middle of the action. Love your content and can totally relate to it.
Thanks for sharing your Condo VG. Its roomy compared to others I see. Seems like a good investment in the Philippines.
Nice condominium you are so right small units SMDC
Hello Vlogger GP , Thank you for sharing. just retired a yr ago and also thinking of either buying or just renting a condo in maybe quezon city area. Like you Im just be staying there for a few months.( just try to get away from cold winter mo’s here in NJ😀)Enjoy your stay and good luck👍
Your condo is close to the Pasig River. Beautiful view. Ours is close to SM Light, also built by DMCI and it's the South Tower. Our unit is also a 3 bedroom unit. Our balcony is facing the pools below. The design is almost the same as your building. Going home real soon for a much needed break. I'm from Chicago BTW.
We have a condo in bacolod. Just a small one but it's nice right across from the mall. O residence in Bacolod has a roof top pool and weight room
Grandpa you have a very beautiful condo.
Looks great grandpa!
Thanks for sharing! I also have a unit there nice views and close to Capitol Commons!
Nice condo nice complex
GP, i also bought ftom dmci in dansalan garden behind boni abe..3 buildings only in the area.. dmci is resort type development... airy and light sustainability.. open space too.. you dont feel cramped... compare to other developers.. dmci condo designs are very good..environmental considerations..
Thankyou Uncle. I’m also planning to retire in the Philippines. I’m American born PINOY also speaks Tagalog. Your information will really help me out in the near future 🙏🏼🙏🏼🙏🏼
Grandpa, you have a very nice condo, Salamat po 💚💛🧡❤❤💙💜🤎🖤🤍
Thats is so nice Grandpa!
That's a nice place to live 👍
Beautiful indeed. Life is short to live the life you can afford to be comfortable and happy. God bless you Sir! 🎉❤😊
There's quite a transformation in the Philippines, i wish the govt will do more to clean up the cities , Singapore would be a nice example.. The province of Laguna is one of my choices to retire in.❤From Canada 🇨🇦
Very nice I amazi d beautiful
Nice Grandpa most important is you love it. We love our small unit in Makati strict rules stone throw away from BGC and Glorieta malls business establishments on the ground floor perfect for what we need when we are in Manila, since we are planning to stay longer in the province. You need more space and open spaces if you're staying there most of your stay in Manila. you can never avoid any kind of issue what's important is how they go about fixing it and how fast. 👍
You are absolutely correct. Issues always come up. The important thing is how issues are resolved.
Very nice Grandpa! I recently retired here in the Phil from California. Would love to meet and entertain you and your wife when you are here in the Philippines. Stay safe!
THINKING OF THE SAME. HOW DO YOU LIKE IT? SO FAR?
Congratulations on your “home away from home” and thank you for opening your home to all of us and giving us a peak inside! To put things in perspective, we purchased a 77 square meter condo in Makati (developer is Alveo, an Ayalaland company) in 2014. The purchase price was a little over 10M. Today the same unit (if purchased new) would run north of 22M. However, the HOA per square meter appears to be significantly higher in my building, 142PHP per square meter. Based on your and other’s comments, it appears that Alveo charges significantly higher HOA dues than DMCI. Moreover, I would note that the amenities in my complex (it is compromised of 3 towers with a total of approx. 1,300 units) are about the same both in terms of variety and quality as yours. Just something to consider for anyone else shopping around for a condo in the metro. Also, yearly taxes are about 35,000PHP and our condo insurance runs another 10,000PHP per year (we use Commonwealth Insurance. We had AXA, but ran into many headaches trying to renew our policy while we were away in the US). Thank you again for posting this video. I found it very interesting! Best to you and your wife!
Thank you for sharing. Now, my viewers will have the means to compare.
Hello grand pa
Have not heard from you . No one like high rise condominium . Grand pa as long you are happy with what you have that’s all it matters
Who wants to clean yard all your life
Glad you are doing well
I do lol. I prefer to live in the province where I can walk around the property. I have been retired for over 22 years. We just return from there last month for a 6 months staycation.
If God permits, I plan on staying in the Philippines longer than staying here in Hawaii after this year since I will be getting my SS pension this August. And to avoid paying the over staying situation, I will just visit Hawaii before the one year period.
I took a tricycle ride along the River it was nice
Sa Pasig din ako bumili ng unit ko. 3 bedroom and I can see the bridge view from my veranda to BGC.
I am very happy you are back in the Philippines. I have followed you for several years and throughout the pandemic. I live Caraga region but visit Davao occasionally to go the Harley dealer. We should do dinner next time.
Oh i see you are in Manila not Davao, well I go to Manila but not as often as Davao....
We were in Davao for 3 days to visit my wife's relatives. I was originally from Manila, and we're staying in Manila.
Beautiful condo sir!! Please share if you’re able to tour Pasig River.
Glad to know you’re happy with dmci condo. We recently bought a pre selling dmci condo without visiting actual location. We just decided based upon our agent recommendation. Never heard of dmci before but their website looks great. In our floor plan the master bedroom bathroom is a bit smaller than the other bathroom. The third bedroom is a small room where only one bed can fit wall to wall.
Your first mistake is that you bought from DMCI.
@@Western-3rdSt. what bad experiences do you have with DMCI?
@@adamapple337 good question. How’s your experience been so far with DMCI? Thank you.
Nice! We’re just neighbors Grandpa 😊
I know this condo development...I totally agree DMCI is indeed one of the best builders locally, I myself bought a 2 bedroom unit in a new midrise development along the Sucat Paranaque corridor for its proximity to the airport and the Paranaque Pasay entertainemnt and shopping areas. I orginally planned to stay 3-4 months out of the year but now spending more time here than in the US... DMCI's newer developments are open and spacious and have modern tropical resort ambiance...
Yes po agree!
Did you rent grandpa or mortgage?
Neither. I can't get a mortgage at my age.
Looks like Brio Tower. I do really like this condo.
I have been living in Cebu City for 7 years and surprised at how fast condo prices have gone up here. Enjoy your new home! Love the roof deck and views.
Welcome to the Philippines to both you and your wife sir! Just watched your video thanks 🙏 for sharing. Wish you to a wonderful stay. I got back to the Philippines on the 10th of February first day the Philippines 🇵🇭 opened up last year flew in from Dubai was locked out like most for almost 2 years. Since then got married to my wonderful Filipina May and have not been anymore happier. If you and your wife are ever at BGC feel free to contact me would be happy to treat you both to lunch at Shake Shack! Good to see you Grandpa. Always stay safe and God bless to everyone
Thank you for the invitation and welcome back to the Philippines.
@@vloggergrandpa2707 thank you 🙏 sir, you too
❤
I like how open the terrace is. I do not like condo security and having visitors passing through security.
It’s for your own safety po
It’s so much houses and buildings
DMCI condo in Aurora Blvd is pretty much the same as yours grandpa, what I like is the lobby area which is so open ….
I think DMCI only makes condos like this. Not sure.
@@vloggergrandpa2707 I think so too… there’s always a breeze coming on the building…
In the building I mean…
@@vloggergrandpa2707that’s true po grandpa. Only DMCI makes condos with this design. DMCI values the airflow inside the property.
You can always rent the parking spot and it will pay your maintenance and utilities costs. Plus profit.
That's what I have been doing.
I used to live in Makati.
You should do an Episode re Fil-Am expats whom got tired of life away from home, then thought they’d come back easily no problem. Unless you’ve done one to date.
You’ve got a good condo …feeling is same no enclosed hi rise condo for me 😊
Thank you. Can you share if the community/building allows deliveries to your door or do you have to go to a central location to pick up packages/takeout?
For the parking, good call! Many years ago, I bought a two-bedroom condo in the USA, and I could buy additional parking. I have two covered parking, one uncovered parking, and a visitor's pass for friends. Best Decsion EVER! It is so easy to rent out. Literally, as soon as people read that there are more than two parking spots, they rent it out. It's never on the market for more than a week.
You have to go to the 1st floor kiosk to pickup your delivered package. This is very helpful specially when you're not home to receive them.
Nice place Grandpa! That's what i call enjoying retirement life with style! Stay safe! I only hope that the fire department in that city is equipped enough to go to high rise buildings just in case of emergency like fire or earthquakes.
Right. All I can do is pray. Hshaha
@@moralhazard2563 unless the bridge collapses first!
There are usually water sprinklers in condos
@@robocop581 we do have water sprinklers in every room including the bathrooms. I assume that is now part of building code in the Philippines.
Thanks for sharing. Very useful info for balikbayans thinking of retiring in Manila. Are you happy with the way condo maintenance keeps up with repairs and cleanliness of the public areas?
Yes, so far.
Tnx for sharing, Sir! Deadbolt is good idea. More secure than regular knob.
Atrium is also very effective in cooling, like stack ventilation.
@ 7:27 you mentioned avoiding water leak. Did you mean rainwater leak, or plumbing leak? What would make the top floor more prone to water leak than lower floors?
I was referring to rainwater when I was avoiding the top floor. But I think what we had is a plumbing leak.
That looks like a DMCI condo building. They're known for the open air concept in the common areas.
It is!
No developer beats Ayala Land for value appreciation and quality of workmanship. Ask any Ayala customer 😊
Thank you sa pag share manong. Dual citizen ako pero Australia. Panget dito uwi nako sa pinas.
Bakit naman. I always wanted to live in Australia.
@@vloggergrandpa2707 Kunwari lang na accepting sila sa mga non whites pero pagdating mo dito maramdaman mo yun discrimination. Alam ko baligtad naman sa US kunwari racist sila pero mas accepting sila sa mga non whites.
@@michaelsonsarmiento5943 There is no place like home
Grabe jan sa Australia. Especially pag Pinoy ka, unggoy ang trato sa yo. 😂
Racist anywhere!!!
Can I buy one even still living in the state?
I know where you are Tito. You're in Mandaluyong. I stayed there in mid March for a week at Novotel Acqua Towers right by the Pasig river. Right across the river is Power Plant Mall and Rockwell. Beautiful place. I miss it. Yeah, go for a ride on the Pasig river ferry. It's free this year. I went to Binondo from the Hulu station in Mandaluyong and explored China Town and Divisoria. It was fun. Btw, I think you're in Tivoli Gardens.
Reply
He’s more on Pasig side.
Google Tivoli Gardens. That's where he's at.@@jellymadrigal5879
Scary! Earthquake????
🤜🏽🤛🏽
DMCI condominium is the best.
Pasig? I heard grandpa blue shield or anthem blue cross health insurance was accepting in one hospital there in Pasig. Please discuss if you have an idea about that. Thanks for showing your condo unit. Beautiful!
No idea yet on Philippine Medical Insurance.
@@vloggergrandpa2707 thank you po
Sir, Very nice condo you purchased! Can I ask the maintenance fees monthly. Good views, comfortable. Thankyou for informative video.
About $100 per month and that includes common area utilities. Isurance and taxes will also be included in monthly fees so I expect monthly fees to go up a little.. You pay for insurance on your content, taxes on your unit and utilities.
I love it! Everything in the kitchen is perfect. I would have changed the faucet too. How much did you pay for the unit?
They're now running 12 to 13 million.
@@vloggergrandpa2707 Thank you. I was in Tagaytay looking at some new condo before the lockdown. I think it was less over there but just like you I would prefer to be closer to Manila where I was born. I like pretty much what you like. We have the same taste. LOL
@vloggergrandpa2707, btw, I do own a townhouse in novaliches but I don't plan to live there. It's too crowded and I prefer my privacy and not too much noise. ( Rooster, dogs & neighbors ) High rise condos come to mind.
I would guess 7-8 million pre-build.
That’s a nice place. I don’t know if I missed it on any other comments or in the video what did that condo cost you around 10 million?
It now runs 12 million for similar configuration. However, it all depends on the location and elevation of the unit.
👍✅😜✅👍
Good choice VG 😊 i also have condo unit in DMCI,is that in Sheridan Tower?
That is nice, too.
Are you the first owner of the condo or was it pre owned? Did you purchase it or are you renting? What is approximate rent or sales price for similar (or smaller, since you said 3 bdrms are rare)? What will you do with it when you are back in US?
I'm tqgeq first owner. I bought it before the building was built. No, I do not wish to rent my own living space. I only rent out the parking spot.
Is this d ROCKWELL area.
Vlogger Justin Spencer(Fr Arizona) featured this building in 1 of his vlogs.
I love d PROSECIUM ? in Rockwell.
No. This is in Pasig City.
What type of homeowners' insurance do you have and which companies would you recommend?
I have a condo insurance which only insures the contents of the condo. Another policy is held by the condominium to insure its structure. I'm using AXA Insurance.
Nice condo, magkano for that condo? Thanks for sharing your beautiful place.
Similar sized code runs about 12 million pesos.
I like your condo 😀 Q po? Do you know how to transfer name of a residential lot from my mother (94) to me (71). We are naturalized & not dual citizens. Salamat po!
Be sure to consult a real estate broker or attorney. Many complex issues to resolve.
Hi Kuya! I am having a rent or buy debacle in my head, since you have shared how much the going purchase price is for your condo, can you also please provide a ballpark figure on how much it would cost to instead rent a similar unit?
It would probably rent for $800 to $1,000 a month.
I'm in the U.S. and I am building a condo unit at Megaworld Iloilo, suppose to turn over early next year. I'm planning not to rent it while I'm here in the U.S.. my question: is it OK to just leave it and not turn the AC on for several months? I hear people say that it will damage the interior (molds, etc). Thanks in advance.
That is true. We had to do massive cleaning when we came after 3 years. And we had a broken appliance as well (microwave).
Anything left out without having it checked from time to time is going to deteriorate. Thats why a property management service is needed, at least they will come at intervals and check things out. Having a good neighbor is a plus. Tropical climate is notoriously susceptible to such, normally the lower levels in high rise structures (1-3 floors) do get moldy issues quickly due to humidity and dampness do settle in these areas.
Keep your windows shut or birds will start occupying your unit. Like in the hundreds.
why so difficult for well known developers to address leaks?
For new developments, most units are still unoccupied. Locating where the leak is coming from could be a challenge. For example, they contacted me while I was in the US. It took several days for me to contact my caretaker for DMCI to have access to my unit -- only to conclude that the leak was coming from the unit above mine. They could have similar issues with the other units before they can check and locate the leak. If all units are occupied by local people, it could be checked fairly quickly. I can understand how it happened and it could happen in any new building.
I am retiring this year from SD Cali. Puede po ba e share ang price range condo n your monthly utility bills. Thinking to hybrid live US n Pinas like yours. Mabuhay !
Condo similar to ours inPasig now cost about 12 million pesos and it goes up every year. If you are at other location like Makati or BGC, this could cost upward of 20 million pesos. Someone commented that his cost about 50 million pesos. Association dues cost me about $100 per month and real estate and insurance cost about $500 per month. They may change this now to include taxes and insurance i the asso istion dues. Obviously, dues would go up but total should be the same. I got my first month electric bill and it us about 2,000 pesos or 40 dollars. And that is with a/c running all the time when we're home.
Continued: We do not try to save on air because of my wife's asthma. We did not receive our water bill yet so I have nothing to share. I will do another video on this soon.
@@vloggergrandpa2707 hi grandpa, nice unit .. you mean real estate cost is $500 monthly ? That’s a lot like P25,000 a month?
@@ziapeach7569 Oops! Sorry, I meant to say about $500 per year...not per month.
Hello Grandpa,
Is health insurance covered there in the Philippines if you're a veteran here in the USA? What hospital can we go to?
How many square meters is your condo? Did it include a parking space? What was the price?
About 80+ sqm. It is now 13 million pesos including parking spot.
@@vloggergrandpa2707 I bought two condos in city lights garden cebu. 120 square meters each. They are two bedrooms and I rent one out. They cost 10m each and there worth 13m now.. they came with parking spaces.
@@billyjohnson9166How much is the rent?
Grand Pa, how far is your condo from Arcovia City ?
It is less than a mile from where we are. I think there is a development being built there by Megaworld. But I don't have much info on it.
If you don’t mind .. how many floors is this condo ?
37
How come you don’t mention price,it will help us determine if we can afford this type condo
Because it varies a lot on what is available, elevation, size of unit and location. A similarly configured unit in about the same level in Pasig is now running about 12 million pesos. If you look at similar unit in BGC it could now be running about 24 million pesos.
Are there any 1brm units for sale there? If there is, any link you can send me?
I'm sure there's plenty. Shortly, I hope to interview my agent. You can contact her for more current information.
@@vloggergrandpa2707 please give me her contact information when you interview her. If you meant the interview will be a vlog og yours than I can watch for it.
How much did this condominium actually cost and how deplorable is the rate of return if one was to rent the unit out? Be careful with any condominiums in the Philippines because of the 50 year rule & the HOA not owning the land. Plus hefty supplemental assessments unanticipated due to low sinking fund reserves. It doesn’t matter where it’s at.
So many people are ill informed about the 50-year rule. I will try to interview a real estate broker who will shed light on this.
Ignorant comment from a person that’s probably broke. You’re obviously not a property investor as real investors know there are opportunities everywhere
@@robocop581 By the way, you don't look at ROI unless you are renting it and using it as an investment. I bought this for my personal enjoyment. What is the ROI on that? Try to measure it, please.
@@vloggergrandpa2707 Being an end user, the return is the difference between my rent and mortgage (my mortgage is less than rent), accumulation and preservation of equity from the mortgage payments, having control over my property (no fear of eviction and renoviction) and capital gains. You don't need to school me on property, I know the game as I've been a tenant and Landlord.
@@vloggergrandpa2707 Why not?
I bought my primary residence for $700K 12 years ago on 25 year mortgage. My primary residence is now worth $1.6 million. If I sold my property today, the capital gains is equal to 18 years worth of rent plus I get back my original deposit, past mortgage payments, bank interest and property taxes - All tax free because it's my primary residence. But my primary residence will be sold and inherited by my kids when I die. You don't need to be an accountant to know how much the ROI is on a paid off property that was purchased at a low price ages ago.