Monday, April 24, 2017

CONDOMINIUM: A GOOD OR BAD INVESTMENT?

 
In 2010, my brother has invited us to attend an event related to real estate investment for condominiums. I was hesitant to come as I am not really convinced on condominium investment, for me, I’d rather go for conventional real estate such as house and lot or lot only. But I went with them anyway.
 
The presentation was in a nice hotel and food and beverage is being provided. I enjoyed the presentation made by DMCI Homes International and almost convince that I should invest on it.
 
During the question and answer portion, one guest commented that it was a good location, near schools, hospitals and the LRT station. She said that her daughter is renting an apartment at a certain price with her two friends and cost her Php10,000.00.