Hi, I work in the real estate industry so I just want to share that condominiums are generally more affordable compared to house and lots within Metro Manila. A house and lot will only be more affordable than a condominium if it's located in the northernmost part of Quezon City around Novaliches or Caloocan City. And I totally agree that condominiums have cheaper upfront costs because real estate developers offer stretched payment terms for the 20% equity whereas, for house and lots, the equity is around 30% unless the property developer doesn't have a license to sell which is illegal. An update regarding the existence of corporations, as per RA 1152, corporations may exist perpetually so long as the Securities and Exchange Commission is notified. This is the reason why the leading real estate developers keep on developing luxury condominiums which cost as high as P 100 M +. Thus, with the condominium being future-ready and owners having perpetual ownership, condominiums may be inherited much like a house and lot. Same with you, I prefer living in a condominium. It's what I bought and cheers on hitting 3k subs:)

@CharmdeLeon

3 жыл бұрын

Own Property PH thank you for this insight! Definitely helps especially because you’re from the industry ☺️

@niceanimerecapstagalog

3 жыл бұрын

This is a really big help! Thank you!

@teekbooy4467

3 жыл бұрын

Correct

@renoirsorreda6087

3 жыл бұрын

May i ask ano po ang mangyayari after 50 years sa condo mo? Thanks

@davidbuchanan9812

3 жыл бұрын

How about own vs rent. Ownership you're less mobile. Rents are so darn cheap, I just can't see the benefits of ownership. I'd rather keep my money in stock investments.

Just want to share that we bought a condo because it's 1) secure and no one can randomly go up to your unit and 2) it was within our budget while allowing us to save for a house in the future. But when you buy a condo, it's better to buy the parking space together with the unit. Parking space prices can go up really fast so if your condo unit is still pre-selling, might as well buy a parking space as well.

24:19 when she said that adulting is really hard so she loves making these videos for us. To help even a lil bit... hey, i felt that. Ang-thoughtful. Huhu. Thank you! 🥲

I prefer to see green space, We bought a lot in novaliches area, although near the city, there are enough greeneries and air is really fresh. The streets are private, plants everywhere. The total cost of the lot is only 400k pesos (2000 per sqm) plus house we spent 1.5M to construct. So in all we spent roughly 2M for a 200 sqm lot with 120 sqm floor area.Our area is not really far from malls like SM and even puregold, its just 5 mins away.

I think the 'making renovations' part was not that much emphasized here. In the investment perspective, that should be a huge factor coz one could easily increase the Market Value of his property with few renovations. And yes, looking at things in more than 50 yr horizon, houses win. Unlike your equity in condos that keeps on depreciating, the value of your land will keep on appreciating over a long term time.

@jamesroymurillo8464

3 жыл бұрын

This is on point.

@breanabravo825

3 жыл бұрын

agree

@lliania8158

2 жыл бұрын

Yeah I don't actually understand why she keeps on saying that the condo appreciates in value in her other videos. On a short term basis, that may be the case but in actuality, the property actually depreciates over time. It's really land that's most important to invest in when it comes to real estate.

@taktuscat4250

2 жыл бұрын

@@lliania8158 agreed, all structures deteriorate over time

Just realized there are other factors I haven't been considering. Thanks a lot for this video!

Randomly popped on my news feed, thanks so much for this video, was also planning to buy a house or a condo, really helps me out on which one to go for :)

Thank you for sharing! Now I have an idea what to buy for my next investment.

Looking forward on a future content re: dealing houses/condos on Pag-Ibig/House Loans. Thank you for this great content! 💕

@CharmdeLeon

3 жыл бұрын

Kareen Abiabi yes! We plan to loan the remaining balance and will definitely be documenting the process. I haven’t tried taking out a formal loan so it’s gonna be interesting for sure haha

Thank you for this content! It's really super helpful for me because I'm trying to straighten out my house plan and have everything settled next year. Bless you 😘💕

@CharmdeLeon

3 жыл бұрын

Welcome 🤗

Subscribed! I loved how you did a comparative analysis on them.. it's well-researched 💞

@CharmdeLeon

3 жыл бұрын

Thank you. ☺️

For me I preferred to buy vacant lot inside the metro manila even though it cost a lot of money, estimated 145k per sqm. And after that pag nag kapera na tsaka na ko mag papatayo ng minimalistic house cost 1.5million. And pag nag kapera ulet tsaka ko na itutuloy ang extention sa minimalist dream house ko 😊😊

Hi Ma'am. Good day. I love the topic because it gives me the idea and a choice which is better and ideal to live... hoping that I will be learning more about your videos. Thank you

Sana may mag discuss about how safe ang condo sa mga earthquakes. Earthquakes tlga kinakatakutan ko.

I love it! You're very well-versed. Subscribed!

And look at how you have 4k+ subscribers now. Congrats, you deserve it!

@CharmdeLeon

3 жыл бұрын

aimee botecial thanks you, Aimee! 🙏🏻 😊

Your content is very helpful as I am now saving money for my future plans❤️💓

@CharmdeLeon

3 жыл бұрын

Ehm Jay I’m so glad to hear that! It’s definitely hard to think about the future especially since it’s so far away so yay you! 😬🎉

Thank you for doing this video. I like how you articulate and explained everything clearly. Keep it up! :)

@CharmdeLeon

3 жыл бұрын

Jaclyn Mae thank you 🙏🏻💕

Great comparison, Charm! This video will surely help a lot of homebuyers in deciding the best option for them. :) Kudos!

Glad, KZread recommended me to this. Awesome info! Thanks!

@CharmdeLeon

3 жыл бұрын

Welcome!!

Thank you very much for such an informative video. It made my life easier compare to browsing the net either a condo or a house. Love the new hair by the way.

@CharmdeLeon

3 жыл бұрын

Edgar Allen I’m so glad! Thank you po

Noticed the scotch on your shelf. Glenfiddich and Laphroaig is an excellent choice! Good job on your video!

Good to know. So resourceful! Thanks for sharing

@CharmdeLeon

3 жыл бұрын

Thanks for watching!

Just my luck! My current dillema for this quarter. Thanks for this video.

@CharmdeLeon

3 жыл бұрын

Zo Mejilla yay! Glad I helped somehow

your new hair is really good, still the glasses made you look more mature.

Very informative!

I like it very informative!

Yeeeh! Congrats on your 3k subs! You look younger on your haircut tho. Contents always been so informative. Keep it up!

@CharmdeLeon

3 жыл бұрын

Jennifer Alforque thanks, Jen! Hopefully not too young not be taken seriously as an “adult” 😂😂

Thank you for this. It helps a lot.

@CharmdeLeon

3 жыл бұрын

Thank you, too

I surrendered my condo because of the 50 year rule, as the condo gets older it gets cheaper, aside from estate tax there is condo dues, oversupply is another problem why it gets cheaper. I prefer purchasing residential lands and farmlands, as well as house and lots or townhouses( which Im doing now).

You are nearly at 70k. This is some really great information.

@CharmdeLeon

3 жыл бұрын

Thank youuu

Very helpful! I’m saving to purchase land in Badian, Cebu. So this video is really helpful. Thanks!

@CharmdeLeon

3 жыл бұрын

Wow excited for you! 😱

Thank you! Im planning to invest in condo. Hopefully soon. Btw, been following you since you have 3h+ subs pa. Congrats! ❤️

@CharmdeLeon

3 жыл бұрын

Joseph Sernal wow! Thank you, OG haha ☺️💕

Nice to Watch...Stay safe and God Bless 💕

I really love your channel. ❤️ Nice haircut btw 😉

@CharmdeLeon

3 жыл бұрын

chuu deguzman thank you! Let me know what other videos you want me to do 😊

Hi there 10:56 MAINTENANCE! I think if you need a maintenance in your house you can find one in your neighborhood. And it is an advantage if you know them already, In case you need a quick fix or short term project,etc you can call them right away. When it comes to service charge it is much cheaper than hiring a contractor. You can get a quality work and at the same time you also help them for their own. Helping communities🙂 makes happy neighborhood🙂✌

Haircut looks very nice. Got to be comfortable. Mature looking and sounding with your video.

I'm just 16 but your vids would really help me in planning my life in the future! Haha! Thank you po!

Thanks for the video👍

Thank you so much for this video it's very informative! So happy to have came across your chanel. I'm trying to save a lot for my future. I hope I can have my own condo or own house in the future. 🙏

@CharmdeLeon

2 жыл бұрын

🤗❣️

Chaaaarm! Thankyou for sharing this!

@CharmdeLeon

3 жыл бұрын

AJ Natsume welcooome AJ! I literally went through this pros and cons list myself so it was perfect for a video haha

I love your topic. I prefer to have a house and lot

Nice and informative video!

basically its just about "short' or "long" term goal/investment. both are good of course. anyway thank you for a good and informative video. :)

@CharmdeLeon

3 жыл бұрын

darthvader23 darthvader23 I agree! thank you 🙏🏻

Binge watching RN, interesting videos 😁 Hopefully ma apply ko to in life

@CharmdeLeon

3 жыл бұрын

Thank you! Enjooooy! haha 🤗 ✌🏻

@kiochannel018

3 жыл бұрын

@@CharmdeLeon wow. Thanks sa reply 😊

nice content, podcast na next :D

A very demanding and interesting topic 😊😊😊

Cost definitely goes to house + privacy :") + you can do whatever you want like decorate your own garden have your own pool etc. Houses are good if you are financially stable and sure

@CharmdeLeon

3 жыл бұрын

Jaijai Aman yes, people can start out with a condo and but a house later on and have the condo rented out for extra income

Hi! Bago lang ako sa channel and I find all your topics/content helpful po.

@CharmdeLeon

3 жыл бұрын

Miko Mercado welcome to the channel po! Glad you think so ☺️

Another great content! Is the haircut connected with the Its ok not to be ok Kdrama? Haha You look great btw Do a vid on on 1. renting vs owning 2. Travel saving tips 3. Frugal habits

@CharmdeLeon

3 жыл бұрын

Fritz Maandig hahaha! I haven’t seen that show 😂 thanks again for the suggestions! Listing 2 & 3 down. Definitely doing Renting vs Buying in a future video

While earning In condo, what other business we can do while waiting for the monthly payment of condo rental fee?

With our life style I would purchase a condo. It’s more convenient for us as retirees. If I purchase a home I still have to consider hiring for someone to help clean and maintain the house.

Yes I really love your hair 💖😳

Charm I love you!

Congrats on reaching 3000 subscribers! I'm so happy in seeing this channel grow because you teach the viewers important topics for financing and adulthood. I always take notes when I watching your videos HAHAHHA because I really don't want to forget what you say. Thank you for creating great content. Oh btw your hair does make you look younger but maybe it's because I'm used to seeing you with long hair but that's just me hahahaha.

@CharmdeLeon

3 жыл бұрын

Arje A awwee thanks, Arje! Wouldn’t have gotteh here without each any subscriber (literally haha!) 💕 either way I’m okay with looking young or older naman haha

hello ms. charm. thank you! your videos have been really helpful. i wish you more blessings po! im hoping lang po sana if you plan on sharing with us, your fans, what to consider in renting out a condo. also if its a good idea to rent it out thru airbnb or other platforms.

What I'm thinking rn: Want to have a friend like her so I can consult these things to her anytime. 😂 New subscriber here! More power po, your contents are very helpful to someone like me who's having thoughts on investing and adulting tips... 💜😊

@CharmdeLeon

3 жыл бұрын

I’m down to chat naman haha IG : @ready2adultph 👋🏻

@aryssa1045

3 жыл бұрын

@@CharmdeLeon waaaah! Thank you Ms. Charm! 😊💜

@dianamaesantos8358

3 жыл бұрын

SAME! HUHU

@joanaelaizacustodio6925

2 жыл бұрын

Same. Wala Kasi akong ideas tungkol sa mga need gawin Lalo na gusto ko nang maging independent after graduation. Basta makahanap na agad ng work

@gennesiededios2243

Жыл бұрын

@@CharmdeLeon haha pwede din po ako? 🤭☝️😅

You’re awesome! Things you share on your channel are not being taught in school. That’s why majority of Filipinos are not financially knowledgeable. Thank you for sharing. Keep it up! 👌🏻

I was just thinking between the two earlier. As always, very informative. Congratulations on hitting 3k subs. More videos to come! and about your hair, like your name says. you look charming with that hair! Padayon!

@CharmdeLeon

3 жыл бұрын

Awesome, thank you! haha Curious what you decided on!

I GOT FEATUREDDDDDDD!!!!!! loveeee xo

@CharmdeLeon

3 жыл бұрын

Jaijai Aman 🤗 thanks for watching all my videos 😘

I just watched it today (oct 21) and you said that you reached 3k subscribers but now it's almost 8k 😍😍😍 so happy for you po 😊 you're doing greaaaaat 😊 thank you so muuuch ❤

@CharmdeLeon

3 жыл бұрын

Thank you! It’s been crazy. I honestly don’t believe it sometimes

@jmsl2027

2 жыл бұрын

I watched today (Oct 26) and it's at 122K! Crazy growth! Love your videos!!!

Good video very informative. On the flip side you should do a topic on inflation. I do real estate build and sell, yesterday I got info from agents telling me average lots around Quezon City,Cainta, Pasig,Marikina, and Antipolo has gone up around 1-2k per square in just one year. Labor and materiayales also gone up. A house and lot 100sq meter that use to be 6m is now around 6.4m in just one year. Everything from transportation,tuition,products, food, and etc has gone up. How can an average saver /investor keep up with such inflation especially when the wages doesn't keep up with the inflation?

@CharmdeLeon

3 жыл бұрын

This is a great topic idea. I really think Inflation needs to be talked about more. A lot of Filipinos don’t understand it and is very skeptical of it. That’s really great insight. Thank you!

Thank you!

Horses for courses. Working from home as in IT has it's advantages nowadays. You don't need to travel, thus saving money and time commuting. With Condo's it's important to stress that a beautiful view can be obscured by another high rise building in the future. As for investing, buying a condo to rent has it's downsides. Tenant organisations often bar individuals from turning their complex into a giant AirBnb building. Plus, rentals are set by availability. If you have a multitude of condo rentals in an area, it can drive down the rental price.

@robocop581

2 жыл бұрын

Meh. Location, quality of the units will determine demand for that condo. Know your target market and renting it out will not be an issue

I hope that your also have a topic about the future of condos in Metro Manila. Because of the West Valley Faultline, I am not sure if buying condo is okay in the long run.

Yo, new hair! Fits you. :)

@CharmdeLeon

3 жыл бұрын

Juan Del Sol wow, thank you ☺️

Probably the house is better for those who work from home or has Business near the area and are not working in the corporate world at cbd

@CharmdeLeon

3 жыл бұрын

I agree 😊

3k subs and now ur amazing

Nice content. I wonder if you have a video regarding buying vs renting vs rent to own?

@CharmdeLeon

3 жыл бұрын

That’s coming out this month!

Great content! I would never go for condo as a primary residence though coz i have pets and have a lot of stuff 😊 Game: take a shot every time charm says "okay" 😂

@CharmdeLeon

3 жыл бұрын

prishism I try to be a minimalist but my plan is to live in it for a couple of years and rent it out afterwards because same haha😂 I laughed at this! I noticed after every point, I say “okay so...”, gotta expand my vocab HAHA

Thank you for the detailed information to choose between condo versus house and lot.

Can u discuss about the process of getting a loan with Pag ibig or bank and which option charges less interest.

Wow great

Choosing between Condo and House & Lot depends on your needs and budget. Work from home kami so no need to commute, pero if need mo ng malapit sa mga malls hospital schools it depends if may kids ka or elderly, or kung ok lang malayo layo sa kabihasnan basta may kotse ka, so depende talaga sa mga pangangailangan mo at syempre the budget. May house and lot na near malls hospital etc but limited na and pricey, ang murang house and lot is provincial na or sa bulacan rizal, mura pa mga bahay dyan. Mas maganda if you list ung mga needs mo at kung ano budget mo.

thank you maam. I am doing real estate also.

Hi Charm, in your opinion, which is better to purchase between a condo unit and a lot if the purpose is for investment return (rental, selling, etc) and not for personal use? Thank you!

@leannevdc4679

2 жыл бұрын

For condos it depends on your location for example like near schools, hospitals, supermarkets, also consider the amenities of the condo i.e pool, gym etc (which houses dont have) (this is an ideal location if you want to have a lucrative investment). House and lot located in the city center is very attractive for a busy family but very costly and doesnt have amenities. In short, for practical investment and more lucrative (for rental) condo is better, for selling it really depends on how old is the condo and the location. However, house and lot are pricey but it has more benefits and well worth it in the long run since the land appraisal gets higher as time goes by as compared to condo (which you can earn more if you buy and sell), even the outskirts of the Philippines land prices are going up.

This is so helpful. I am planning to purchase a house and lot outside the metro but I am also considering a condo within the city since I grew up here. This clarified a lot of the points that I want to check before signing any contracts.

@CharmdeLeon

3 жыл бұрын

Irene Kate Sosas glad it helped! Curious and Excited to know what you decide on! #FeelingClose 😂

@irenekatesosas7956

3 жыл бұрын

Ready2Adult PH I just recently gotten a hold of my finances and I think I'm doing well po so far. I love your content and it keeps me motivated. Stay safe to you and Jet ❤️ #FeelingCloser 😂

We loved it, whatever your hairstyle is, as long as your comfortable.

@CharmdeLeon

3 жыл бұрын

Emer Luis ☺️💕

Wow nice

Why would you buy a condo in the city now if all the world turning to work from home set up?

Is it true that condominiums are temporary compared to a house and lot?

I chose house and lot for our primary home due to our lifestyle. I got two units side by side nalang for larger space, kasi, we have pets, we cars and we like plants and have seniors sa bahay. Additional expense kasi ang carpark sa mga condominium unlike sa house and lot, its part of the house na. With amenities and security, condominium wins most of the time talaga. Though there are numbers of reasons na hindi patok sa amin if Condo. I considered earthquake risks din since we have seniors and we will be seniors too in the future kaya plenty of stairs is not an option should a emergency or calamity arise. Ambulatory access din is one factor for me, we need the ambulance as quick as possible and a high rise can delay the response time in cases of emergencies. Limited din ang space for gardening and limited space din for pets for a price that can get me two house and lots na. You can't expand your condo units if you need more indoor space also. Ang negatrons lang sa House and Lot is you maintain your own property thus your own expense and your own effort. Unlike sa Condo na itatawag mu lang they will fix it for you. Swimming pool is maintained by the association unlike sa bahay namin kami nag mamaintain and its not cheap kaya malapit na syang maging tilapia pond. Over all depende talaga yan sa lifestyle and foresight mu sa buhay. I have seen a lot of people na sa Condominium na tumanda and they are opting to get a house and lot eventually after selling their condo. So to save myself from complications when dissolution of the building comes, derecho na ako sa bahay at lupa.

Aug 2020 3k subscribers. Today Dec 27, 2020 26.4k subscribers. That's amazing.

@CharmdeLeon

3 жыл бұрын

🙏🏻🙏🏻🙏🏻

We bought house and lot here in Malolos, Bulacan mura Kasi 1.5 m lang. Plan ko mag invest bumili ng condo sa manila for rentals and pwedeng pag stayan

Yeyyyyy!

@CharmdeLeon

3 жыл бұрын

Jaijai Aman 🤗 🤗 🤗

Can you suggest any pre selling condo with good location in metro manila ?

3 years late on this, but I just wanna comment that a lot of those maintenance fees for house and lot can easily be mitigated or controlled because you have control on what mats goes in and out of your house. Assoc dues increases yearly, and most condos at 3m(3.5-4m now) are built on poor quality.

Thank you po.

Metro Manila condos for 25 sqm is more than 3m for the top developers. (SMDC, Century Properties, Avida, Camella, etc)

@CharmdeLeon

3 жыл бұрын

This is in Cebu context for the sake of example 😊 There are 3M condos in MM but not from top developers.

House and lot ftw! Pero would prefer condo tapos ipa-rent na lang after 😂 You look younger with your haircut, Ms. Charm and congrats to 3k subs. 😍

@CharmdeLeon

3 жыл бұрын

Bianca De Guzman thank you, Biancs! That’s the dream talaga. Condo, live in it for a few years if you want but ultimately ipa rent. After paying it in full, use earnings to buy a house haha. Best of both worlds 😂

@biancadeguzman1999

3 жыл бұрын

@@CharmdeLeon lovely dream, I hope na magawa talaga. Thanks for your videos! It's really helpful 😍

Charm, i love your videos; however this could have been better if you choose good lighting. ❤️

@CharmdeLeon

3 жыл бұрын

Thanks for the feedback! Maybe you can check my newer videos and let me know if it’s better? This was on the early parts of the lockdown and I was so noob 😂😅

@francecarlomendoza9338

3 жыл бұрын

Hi Charm, my bad I didn't notice this was uploaded 6 months ago. Yeah! I already watched your recent uploads- that's the lighting I am talking about. Good job!!!

@CharmdeLeon

3 жыл бұрын

@@francecarlomendoza9338 no problem at all haha I appreciate the comment actually. This lighting was horrible 😂 Also, yay thank you!

pwede ba ibenta ang condo/house kahit na hinuhulugan pa ito?

Thank you charm. Actually I would like to ask your opinion regarding a condo I bought. Is it alright if I contact you? If no, it's alright too. Thanks for this!

@CharmdeLeon

3 жыл бұрын

Sure, you can DM me on IG @ready2adultph

Sharing this

I love you again

@CharmdeLeon

3 жыл бұрын

❤️❤️❤️

Hi, thank you so much for the info. Question - kapag nag invest ako sa pre-selling unit and if ever hndi maapprove ng banko, mababawi ko pa po ba yung na invest kong downpayment?

@CharmdeLeon

3 жыл бұрын

No, you can’t but you can sell your unit to someone else.

@MANGAHAS999

3 жыл бұрын

PERMISSION TO POST Yes maam correct po di na mababawi yung binayad. but meron po tayong tinatawag na FLIPPING and you can earn po on that way. if you are interested maam you can reach me on my viber/whatsapp/iMessage/telegram 09060223836. Thank you and stay safe!

Sa lunes na ng umaga

Why did the raisin bread bag from BCC caught my attention? 😃😃

@CharmdeLeon

3 жыл бұрын

😂😂😂

Rents are incredibly inexpensive in the Philippines. I can’t ever see a compelling reason to ever buy. Use your capital wisely. I keep a lengthy spreadsheet of companies to invest in depending upon market conditions. Buying real estate in foreign countries is at the bottom of my investment list.

@CharmdeLeon

3 жыл бұрын

Rent and loan payments (10-year mortgage) are actually more or less the same! More reason to buy. Philippines is not a foreign country to me so that makes a huge difference for the content of this video

For me... I have only one choice... coz I'm Korean so I can buy only condo... right?

@MANGAHAS999

3 жыл бұрын

PERMISSION TO POST Correct, you can only buy a condo. if in case you are still looking for a condo property here in the Philippines you can contact me on my viber/whatsapp/iMessage/telegram +639060223836. Thank you!