Good info. Glad your showing these condos. Gives good ideas on what to expect if someone wants to buy a condo in Cebu. Again, thanks for sharing. Cheers!Also hit the 100 days til I arrive mark...exciting :-)
Good to see you are still excited, Don. How long do you plan to stay on this trip? I and many others are surprised at the size and price of many of these but that is what the market is presently for newer units in the city. Thanks for coming along and commenting Don.
Hello my friend, this is a good informative video, and these look like nice apartments, but i have heard just how expensive Cebu has become to live in, and one would get far more for their money in other areas, and in particular where i live, but not many people want to live in Mindanao lol, thanks for sharing, have a good weekend... Carl
I know there are several less expensive areas and cost is one very important element. Hope to check out a few other areas in the coming months also. Thanks for watching and commenting Carl.
Wow excellent video sir! Cebu province is a growing place with high demand in property. If you want to check more new projects maybe I can help you with that.
Thank you sir for your series of videos about condos, very useful and insightful indeed. I intend to get one in 3 to 5 years down the line. Grand Residences looks relaxing, but the streets surrounding that area is prone to heavy traffic many times of the day according to Waze. Do you have reviews on condos in the SRP area as I believe in a few years time, the traffic there will be more tolerable and it will have easy access to Mactan island and the airport as well with the planned 3rd bridge.
I do have plans to visit the SRP area soon. That area is being built up and the roads are being improved and the 3rd bridge to Mactan is approved. Thanks for watching and commenting.
Nice and new but like you I would severely miss a refegerator and stove!!!! I love my little induction plate and IR cooker to bake but its no true subsitute for a oven/stove! lol Thanks for sharing.
I like the off street quieter area and location. Most westerners would like more space and room to put a stove but many Asians are investing here also and they are used to using a hot plate to cook with. Thanks for watching and commenting Des.
I liked the quiet area away from noise but most westerners want larger living areas with room for a stove also. I miss a stove. I have tried using the microwave a few times for things not meant for it and the results were not so good. LOL. I guess a good toaster oven type thing might handle a few things but the counter space is very limited also. Thanks for watching and commenting Malou.
have you tried the Nu wave oven type cooking device. i have seen some knock off devices like that there. its a big dome over the food. they are great to cook with and are good for people that cant eat fried food, like me lol. i have one in the states they are great but the dome cracks over time if its plastic
I think I have seen that type unit being demonstrated in the malls. It is one option. Just a matter of learning how to use it. Thanks for the info Bill.
they are really very easy to use. doesnt dry out chicken like a grill does and you can do vegtables and meats all at once. I have one in the states and i love it, will be bringing mine there.
Yes, it always comes down to the price. I will continue to rent for the foreseeable future as I hope to travel a bit also. Thanks for watching and commenting Shineamen. How is life treating you in Paris?
I perfectly hear you about the interest of renting in the travelling perspective. Temperature is around 20°C by now. Hot weather is a bit late...but it is always a pleasure to have a walk in the historical districts of Paris. i love the middleAge and hausmanian architecture.tc
Good point David. There is a question of whether a number of condos coming on the market will be greater than demand but it continues to be a rapidly growing city. Thanks for watching and commenting David.
Rental prices often depend on how well they are furnished but I am guessing 1 bedroom would be in the 25-35,000 pesos/month because they seem to be on the small size. 2 bedroom maybe 35-45,000, depending on how motivated the owner is and how well it is furnished. Thanks for watching and commenting Bobby.
I notice that there is no power outlet for the water heater, should you decide to install one. The last condo i rented in cebu had the outlet and the owner had a water heater installed for me in about an hour. I'm wondering what kind of busting into the wall would be required in this case to put a power source there. By comparison to a One Spatial Condominiums two bedroom in Iloilo, the price was around 3.2 million at 42 sq. meters.
Most units like this run about 70 pesos/sq meter but I don't remember a number. One realtor told me it was up to the owner which sounds a bit strange. Thanks for watching and commenting Bill.
The other thing I can not get a good answer to is why they don't insulate buildings. The government asks for advice on how to reduce electric costs so they don't have to build new power plants. That would be a good start.
That´s a big problem and i see it the first time i look to a building. No windows have blinds and after that i can imagine all the rest, and you´re luck if you got one out of the sun, otherwise you got baked. Look what i do, not only me but every one here does the same in summer time: In the early morning we open all the windows, as the temperature is cool it will refresh the house inside,later on when temperature starts going up about sunrise we close all the windows and turn down the outside blinders. that way we save a lot of energy and feel much better inside. If i finally build my house in Mindanao it will be prepared to feel coll inside with nut much electricity spending, i will rise doble walls insulated in between as well as all windows and doors, during the day no one will be allowed to leave a door or window open. and so and so on. I´m not surprised people spend a lot of money on electricity bills
exactly the cost of electricity there is double compared to the west and you could not live without using air-conditioning in those units you'll bake like bread I could not fathom who would chose to live there as i know most filipinos would willingly sell their farm just to live in those units.
I think Cebu City has caught up with Makati in several areas. There will be several amenities here and a large area as well. Thanks for watching Takashi.
Some of these developments are much higher than others. Cebu City is rapidly growing with lots of foreign investment. Thanks for watching and commenting.
As for me condo is not really a good investment as this will only allow you to stay around 50 or 60 years and after that it's no longer safe to live in the building due to integrity issue.
Thanks for watching Nobert. I am very curious about the engineering information behind the statement that these buildings will have an integrity issue after 50-60 years. I have seen part of a commercial building fall down during construction in the USA. I am interested in the details here. Is it the type of cement, rebar, design, etc?
Grand residences is like a semi-scam. Better not have this business at all. All processes and employees are BS who don't know anything about the business, day in and day out! Always a month of late replies, no notifications, delayed unit deliveries, contract trickeries, charges for late payments even though they're the ones causing the delays, etc. We knew the same thing happened to 2 more people. And we don't know how many more have actually experienced such things. All BS!
Amazing Philippines Thank you. I actually own 2 studio units in tower 2 and they are both ready for occupancy. I just need to be updated how the construction for the rest of the amenities and even the how the inside of the building look like. I havent been back home since i purchase them last 2013. And your video is so helpful as I was able to see how it looks like now. Thank you.
They started building condos much smaller about 7-9 years ago here James apparently do "fit more people into the same space" is what I was told, with so many businesses and people moving to the city.
Good info. Glad your showing these condos. Gives good ideas on what to expect if someone wants to buy a condo in Cebu. Again, thanks for sharing. Cheers!Also hit the 100 days til I arrive mark...exciting :-)
Good to see you are still excited, Don. How long do you plan to stay on this trip?
I and many others are surprised at the size and price of many of these but that is what the market is presently for newer units in the city.
Thanks for coming along and commenting Don.
Will stay cebu 2 weeks.
Great. I hope we can get together when you are here if you have the time Don.
Hello my friend, this is a good informative video, and these look like nice apartments, but i have heard just how expensive Cebu has become to live in, and one would get far more for their money in other areas, and in particular where i live, but not many people want to live in Mindanao lol, thanks for sharing, have a good weekend... Carl
I know there are several less expensive areas and cost is one very important element. Hope to check out a few other areas in the coming months also.
Thanks for watching and commenting Carl.
Wow excellent video sir! Cebu province is a growing place with high demand in property. If you want to check more new projects maybe I can help you with that.
Good video! I am a confirmed house renter but it's interesting seeing how the condo set live.
I need to get out and look at some houses also. More space for the money usually. Security is my one concern and backup power.
I love it
Thanks Pearl. They continue construction on these towers.
Thank you sir for your series of videos about condos, very useful and insightful indeed. I intend to get one in 3 to 5 years down the line. Grand Residences looks relaxing, but the streets surrounding that area is prone to heavy traffic many times of the day according to Waze. Do you have reviews on condos in the SRP area as I believe in a few years time, the traffic there will be more tolerable and it will have easy access to Mactan island and the airport as well with the planned 3rd bridge.
I do have plans to visit the SRP area soon. That area is being built up and the roads are being improved and the 3rd bridge to Mactan is approved. Thanks for watching and commenting.
Nice and new but like you I would severely miss a refegerator and stove!!!! I love my little induction plate and IR cooker to bake but its no true subsitute for a oven/stove! lol Thanks for sharing.
I agree Thienmiller, I might not use the oven that much but I miss one. The alternatives just aren't the same.
THIS IS A NEAT LITTLE UNIT MATE
I like the off street quieter area and location. Most westerners would like more space and room to put a stove but many Asians are investing here also and they are used to using a hot plate to cook with.
Thanks for watching and commenting Des.
Wow! It's actually a pretty nice place but dang! that's quite expensive.
I liked the quiet area away from noise but most westerners want larger living areas with room for a stove also. I miss a stove. I have tried using the microwave a few times for things not meant for it and the results were not so good. LOL. I guess a good toaster oven type thing might handle a few things but the counter space is very limited also.
Thanks for watching and commenting Malou.
have you tried the Nu wave oven type cooking device. i have seen some knock off devices like that there. its a big dome over the food. they are great to cook with and are good for people that cant eat fried food, like me lol. i have one in the states they are great but the dome cracks over time if its plastic
I think I have seen that type unit being demonstrated in the malls. It is one option. Just a matter of learning how to use it.
Thanks for the info Bill.
they are really very easy to use. doesnt dry out chicken like a grill does and you can do vegtables and meats all at once. I have one in the states and i love it, will be bringing mine there.
🍎 I never use my stove . I do all my cooking out side on hot plate , grill
. or pressure cooker . The Philippine way.
I am a minimalist 1 studio apartment would be good enough in this seems to be a great location
The 2 bed room is pretty nice and the location as well, but price is ...Aray!! and I'd love a small bathtub...
ty. tc
Yes, it always comes down to the price. I will continue to rent for the foreseeable future as I hope to travel a bit also.
Thanks for watching and commenting Shineamen. How is life treating you in Paris?
I perfectly hear you about the interest of renting in the travelling perspective.
Temperature is around 20°C by now. Hot weather is a bit late...but it is always a pleasure to have a walk in the historical districts of Paris. i love the middleAge and hausmanian architecture.tc
what really matters is the price to rent ratio, i.e. the return rate.
Good point David. There is a question of whether a number of condos coming on the market will be greater than demand but it continues to be a rapidly growing city.
Thanks for watching and commenting David.
Being in a park is a plus.
It does get you away from much of the noise unless they allow dogs or your neighbors are noisey.
Thanks for watching and commenting John.
I just booked via airbnb in that property.
I hope you enjoy it Bokimon. They are still working on the very tall building next to it.
@@AmazingPhilippines1 tomorrow ill be in the condo via airbnb booking I hope there is a swimming pool in the property.
🍎 📷👌 salamat
Thanks for watching.
Wonder what the rental would be for a one bedroom or a two bedroom?
Rental prices often depend on how well they are furnished but I am guessing 1 bedroom would be in the 25-35,000 pesos/month because they seem to be on the small size. 2 bedroom maybe 35-45,000, depending on how motivated the owner is and how well it is furnished.
Thanks for watching and commenting Bobby.
I notice that there is no power outlet for the water heater, should you decide to install one. The last condo i rented in cebu had the outlet and the owner had a water heater installed for me in about an hour. I'm wondering what kind of busting into the wall would be required in this case to put a power source there.
By comparison to a One Spatial Condominiums two bedroom in Iloilo, the price was around 3.2 million at 42 sq. meters.
Interesting. Good question and one would want to know the answers before buying. Thanks for watching Angus.
what was there monthly condo fee? i didnt hear anything about that.
Most units like this run about 70 pesos/sq meter but I don't remember a number. One realtor told me it was up to the owner which sounds a bit strange.
Thanks for watching and commenting Bill.
search midori condo..
Bill k yes there's always monthly fees to use the facilities.
Beng Chuan Chia
Bill k I didn't hear either,but every codon. There always monthly maintenance fees.but did not hear from him.
Yes they never pay much attention to kitchens and toilets and it´s a pity.
The other thing I can not get a good answer to is why they don't insulate buildings. The government asks for advice on how to reduce electric costs so they don't have to build new power plants. That would be a good start.
That´s a big problem and i see it the first time i look to a building. No windows have blinds and after that i can imagine all the rest, and you´re luck if you got one out of the sun, otherwise you got baked. Look what i do, not only me but every one here does the same in summer time: In the early morning we open all the windows, as the temperature is cool it will refresh the house inside,later on when temperature starts going up about sunrise we close all the windows and turn down the outside blinders. that way we save a lot of energy and feel much better inside. If i finally build my house in Mindanao it will be prepared to feel coll inside with nut much electricity spending, i will rise doble walls insulated in between as well as all windows and doors, during the day no one will be allowed to leave a door or window open. and so and so on. I´m not surprised people spend a lot of money on electricity bills
exactly the cost of electricity there is double compared to the west and you could not live without using air-conditioning in those units you'll bake like bread I could not fathom who would chose to live there as i know most filipinos would willingly sell their farm just to live in those units.
Far better to lease,property there now i think,as condo prices to buy are going through the roof now.
You may be right. We all have different priorities and comfort levels we desire, as well as budgets.
Thanks for watching and commenting.
looks like it is near the holiday spa hotel.
I think I have walked by that hotel but don't remember exactly where it is at.
Thanks for watching and commenting Cedric.
HEY ROD, WHAT MALL IS THE BIGIST IN CEBU
I think SM Mall Seaside is the largest from what I have read. Are you considering building a new "biggest mall" in Cebu Des? LOL.
LOL LOL ROD IT WOULD BE GOOD TO HAVE THAT TYPE OF MONEY BUT THEIRAGAIN MONEY DOSENT BUY HAPPNESS TAKE CARE MATE
You can say that 3 times. I am comfortable here and that is what matters Des.
Prices are more expensive than makati.... or is this foreign prices looks like.
I think Cebu City has caught up with Makati in several areas. There will be several amenities here and a large area as well. Thanks for watching Takashi.
where's the stove. Not worth the price lol!
I want a stove as well even if I wouldn't use it that often. LOL. Thanks for watching and commenting Petakizz
$210/sq foot ................. wow
Some of these developments are much higher than others. Cebu City is rapidly growing with lots of foreign investment.
Thanks for watching and commenting.
Amazing Philippines true. Coming up fast, lots of SmE.
As for me condo is not really a good investment as this will only allow you to stay around 50 or 60 years and after that it's no longer safe to live in the building due to integrity issue.
Thanks for watching Nobert. I am very curious about the engineering information behind the statement that these buildings will have an integrity issue after 50-60 years. I have seen part of a commercial building fall down during construction in the USA. I am interested in the details here. Is it the type of cement, rebar, design, etc?
Grand residences is like a semi-scam. Better not have this business at all. All processes and employees are BS who don't know anything about the business, day in and day out! Always a month of late replies, no notifications, delayed unit deliveries, contract trickeries, charges for late payments even though they're the ones causing the delays, etc. We knew the same thing happened to 2 more people. And we don't know how many more have actually experienced such things. All BS!
Permission to share
Please share the video Rosalane and thanks for watching. I just walked by there yesterday.
Amazing Philippines
Thank you. I actually own 2 studio units in tower 2 and they are both ready for occupancy. I just need to be updated how the construction for the rest of the amenities and even the how the inside of the building look like. I havent been back home since i purchase them last 2013. And your video is so helpful as I was able to see how it looks like now.
Thank you.
High dollar walk in closet
They started building condos much smaller about 7-9 years ago here James apparently do "fit more people into the same space" is what I was told, with so many businesses and people moving to the city.
@@AmazingPhilippines1 lol, then the condos should come with bunk beds built into every wall, that'd fit more
There are some that actually have a couple of bunk beds and rent each bed out for about 4000/month. You many not know your roommates.