My status
Listing Categories
All Properties
Commercial Properties
House & Lot/Townhouse
Office/commercial condo
Pre-selling Condo
Re-sale Condo
Rental Condo
Residential Condo

Fort Bonifacio Condo For Rent
Fort Bonifacio Condo For Sale
Makati Condo For Rent
Makati Condo For Sale
Malate Condo For Rent
Malate Condo For Sale
Mandaluyong Condo For Rent
Mandaluyong Condo For Sale
Manila Condo For Sale
Ortigas Condo For Rent
Ortigas Condo For Sale
Pasay Condo For Sale
Pasig Condo For Sale
Quezon City Condo For Rent
Quezon City Condo For Sale
Taguig Condo For Rent
Taguig Condo For Sale

Search For
Property Category
Offer Type
Area Location

For Rent
| Php 85.00 - 110.00 K
| Php 13.00 - 14.00 K
| Php 35.00 - 35.00 K
| Php 70.00 - 130.00 K
| Php 25.00 - 0.00 K

For Sale
| Php 2.90 - 7.00 M
| Php 0.00 - 11.00 M
| Php 3.80 - 8.50 M
| Php 0.00 - 5.50 M
| Php 0.00 - 5.40 M

Developers Articles

Despite strong peso OFWs still buying houses

THE PESO'S sharp appreciation against the dollar has neither dampened overseas Filipinos' interest in buying real estate nor resulted in delinquency in their housing loans so far, BPI Family Bank said.

Alfonso Salcedo, president of BPI Family Bank--the thrift bank subsidiary of the Ayalas' Bank of the Philippine Islands--said housing loans from overseas Filipinos were still growing and these borrowers had been up to date in their loan payment.


The BPI group is currently the country's biggest channel for foreign exchange remittances. Salcedo said the bank checked late last year whether there were requests for loan repackaging from this sector and found out there was none.


"But of course we're very cautious, we're looking at how that sector is doing," he said. The peso gained 18.8 percent against the dollar last year to become Asia's best performing currency. But the steep appreciation has also diluted the peso equivalent of the money sent home by overseas Filipinos, raising concerns over a possible decline in consumer spending and an increase in loan delinquency among borrowers from this sector.


Salcedo said the strong peso had not affected housing loan take-up apparently because of these borrowers' determination to own their own homes. "And I really laud our developers because they have come up with projects designed for OFWs, " he said.


He estimated that OFWs accounted for about a third of BPI Family's new housing loans. Loan size, he said, ranged from P1.2 million to P1.7 million, used mainly to fund the acquisition of housing units worth about P2 million.


These borrowers' commitment to pay their housing loans, he said, was firm because they live in the houses they bought and they knew they could lose them if they failed to pay their loans. He also noted the growing segment of well-heeled Filipino migrants who were buying local condominium units for their own use when they visit the country.


The BPI group is projecting a double-digit growth in local lending in the next three years. For this year, the group expects its loan portfolio to expand by 12 percent, up from 11 percent last year. For 2007, BPI reported a 17-percent expansion in consumer loans and remained the biggest player in consumer lending. Market shares for housing and auto loans were maintained at 24 percent and 22 percent, respectively.


Recently, the Bangko Sentral ng Pilipinas--the Philippine central bank--liberalized real estate lending regulations for the first time since the 1997 Asian crisis to pump in more money into two of the government's priority sectors--infrastructure and housing. The BSP agreed to adopt a single industry limit of 20 percent for real estate loans as a share of total loans.


The cap was slapped on banks' exposure in the property sector before the Asian currency crisis erupted. But a leeway to raise the exposure up to 30 percent was incorporated to accommodate borrowings of up to P3.5 million for the purchase or improvement of residential un



By Doris Dumlao
Philippine Daily Inquirer
First Posted
23:28:00 02/10/2008

Condo For Rent Makati Philippines, condo for sale Makati philippines, condominium philippines for sale, philippine condo for sale ,philippine condo for sale, philippine condominium for sale, philippine condo for rent, philippine real estate for sale, real estate philippines, condo for sale makati, condo for rent makati, greenbelt makati condo for sale, condo for sale philippines, philippines condo for sale, for sale condo philippines, condominiums for sale philippines, for sale condominiums philippines, manila condo for sale, manila condo for sale philippines, for leased condo philippines, makati condo for leased, philippine condo for leased, manila condo for leased, malate condo for leased, ortigas condo for leased, philippines condominium for leased, condominium for leased philippines, philippines condo for rent, for rent condo in makati, makati condo for rent, philippines condominium for rent, philippine real estate for leased, philippine real estate for sale, real estate philippines for sale, real estate philippines for leased, the fort condo for sale, the fort condo for leased, the fort condominium for sale, the fort condominium for leased, fort bonifacio condo for sale, fort bonifacio conodo for leased, fort bonifacio condominium for sale, fort bonifacio condominium for leased, fort bonifacio condominium for rent, condo makati, ortigas condo, mandaluyong condo, manila condo, pasay condo, alabang condo, paranaque condominium, the fort condo, taguig condo, malate condo, roxas boulevard condo, real estate properties, realty for sale, philippine condo, philippine condominium, philippine real estate, philippine realty,, affordable condo, developers, ayala land, robinsons land, megaworld, brittany, century properties, DMCI Homes, house, lot, house and lot, building, commercial building, bank foreclose, rent condo, sale condo, newly launched condo, featured condo, best selling condo, condo philippines, condo in the philippines, philippines condo, philippines condominium, philippines condo for sale, condominium for sale philippines, philippines real estate, real estate philippines, Makati condominium, the fort condo, fort bonifacio condo, makati condo, the fort condominium, condominium in fort bonifacio, malate condo, malate condominium, manila condo, manila condominium, condo in manila, condominium manila, ortigas condo, ortigas condominium, condo in ortigas, manila condo philippines, manila condominiums philippines, manila realty philippines, philippine real estate manila, manila real estate philippines, philippine properties, real estate philippines, properities in manila, properties in the philippines, re-sale condominium, re-sale condo, pre-selling condo, pre-sellig condominiums, rental condo, rental properties, condo in the philippines for sale, condo philippines for sale, condominium for rent, condominium for sale in the philippines, condo for sale philipines, for sale condominium philippines, condominium philippines, affordable properties, high end condominiums in the philippines, luxurious condo in malate, expensive condo in the fort philippines, affordable condo in the fort, commercial for sale, commercial for leased, philippines for sale condo, luxurious condo in makati, affordable condo in makati philippines, philippine condo, philippine real estate, philippines for rent condos, philippine affordable condo, affordable condo philippines ortigas, ortigas condo philippines, philippine condo for sale makati, philippine condo for sale the fort, philippine realty, robinsons land condo philippines, rockwell land condo, rockwell land philippines condo, rockwell land philippine condo, rockwell condo for sale, the fort condo for sale, the fort condo re-sale, the fort condo for rent, rockwell condo re-sale, rockwell condos for sale, philippine realty, real estate philippines, brokerage firm philippines, Makati rental, condo for leased, for leased condo, condo for sale, fort bonifacio condo, makati condo, ortigas condo, malate condo, mandaluyong condo for sale, manila condo for sale, manila condo for rent, makati condo for rent, ortigas condo for rent, quezon city condo for sale, rockwell condo for rent, alabang condo for sale, alabang condo for sale, pasig condo for sale, pasig condo for rent, condominium for sale Philippines, Philippines condominium for lease, condominium for lease Makati, condominium for sale Ortigas Philipppines, Manila condo for sale, Manila condominium for sale, Philippine condominium for salein Malate, Manila condominium for sale, Manila condo for sale, Manila condo for lease, Condominium for sale Philippines, For sale condominium Philippines, For leased condominium Philippines, Manila condo for sale Philippines, Condo Philippines, Condo Philippines Makati, Philippine condo, condo philippines for rent, condo philippines Ortigas, Condo Philippines Manila, Manila Condo Philippines, Malate Condo Philippines, Philippine condo Ortigas, Philippine Condo Makati, Philippine Condo Pasig, Philippine condo Mandaluyong, Philippine condo Rockwell, Philippine condo the fort, philippine condo Manila, Philippine condo Makati, Makati condo philippines for rent, makati condo philippines pre-selling, real estate philippines,