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5th Junior Preneur Workshop and Bazaar

Save the date for the 5th Junior Preneur Workshop and Bazaar on April 9, 2016 at the 4th Floor Century City Mall Makati, City.

* 1 Bare Booth is P3,000

Until Feb. 26 or until allocated booths on Promo are available at 50%  Pay only P1,500.

For inquiries, you may call at 0917-8864082/  9861739.

Lamudi White Paper and Media Appreciation Night

Lamudi launched Lamudi White Paper at the Media Appreciation night last week.

I'm happy to be a part of this informative event where I learned about buying properties online.

Prospective homebuyers and real estate professionals are generally optimistic about the Philippine real estate market in 2016. These are just two of the key findings of a research report recently released by global property website Lamudi Philippines (www.lamudi.com.ph).

Lamudi used data from its Q2 2014 to Q1 2015 onsite search, the results of 2015 survey involving real estate professionals and its website’s users, and its listings data to put together the research paper. Below are 11 of its key findings.

1. Metro Manila the most preferred location

2. Filipinos in general are optimistic about home-owning

Lamudi’s survey found that 79.6%  of respondents said they’re looking to move house in the future. An overwhelming majority—94.86%—is searching for houses, while 2.42% are looking for a condo, and 1.21% looking for townhouse.

The survey also found that 79.57% of the respondents cite the Internet as their starting point when searching for a property. They cited real estate websites, search engines, and social media websites as their starting points when searching for property.

3. Reasons for moving house

The survey also asked the respondents reasons why they are looking to move house. The most commonly cited reasons were: planning to purchase their own property (79.57%), area preference (either looking for a better area, planning to move to another city, or planning to live close to relatives) as the primary reason for their impending move (14.66%), proximity to schools (1.44%), and work-related relocation (2.4%).

4. Real estate professionals’ observations

Real estate professionals are equally optimistic about the industry. In the survey, 36% of them said that banks’ more stringent housing loan approval has little or moderate effect on the housing market, specifically the buyer side. In addition, 51% and 53% of them said that political climate and economic uncertainty will have minimal effect on the housing market.

5. More real estate professionals now online

The survey showed that 59% of the surveyed professionals cited online listings platform as their most widely used online channel to advertise their property listings. In addition, only few of the surveyed professionals use offline channels to advertise their listings: traditional media (12%) and their organization’s MLS (10%), and referral from fellow agents (1%).

6. Ten Philippine cities now have average home price of over Php10 million

City Ave. House Price

(Php)

Makati 217.3 million

Muntinlupa 55.88 million

Taguig 34.37 million

Mandaluyong 21.08 million

Pasig 18.96 million

San Juan 17.66 million

Cebu 15.03 million

Quezon City 14.75 million

Tagaytay 13.35 million

Parañaque 12.18 million

Using Paranaque as an example, a homebuyer who plans to buy a house in this city needs to make Php4.8 million per year (using the 2.5 rule) in order to afford the city’s average home price.

According to Investopedia, a prospective homeowner can afford to mortgage a home that costs approximately 2.5 times his gross annual income. If a person makes Php50,000 per month (Php600,000 per year), he can afford a property that costs Php1.5 million.

11. Most searched property types

Condos were the most searched among website users looking for rental properties, while houses were preferred by those looking for property for sale.

Quezon City is the most searched city for houses for sale: 54.8% of those looking at the city are searching for houses for sale, while 8.7% are searching for house for rent.

Makati generated the greatest volume of searches for condos, of which 61.1% were for rentals (while 33.6% percent were looking for for-sale condos).

10. Most searched cities

Quezon City—the most-searched city on the Lamudi Philippines platform—generated 244,456 searches for Q1 2015, of which 37.3% were searches for for-sale properties (regardless of property type) and 15.6 percent were searches for rental properties.

Makati is the Philippines’ second most searched city. Of the total 116,451 searches conducted in the same period, 51 percent were for properties—specifically condos—for rent, while 33.9 percent were for for-sale properties.

Paranaque, Pasig, and Mandaluyong are the third, fourth, and fifth most searched cities in the Philippines. On average, search traffic increased 75%, 71%, and 74%, respectively, every quarter from Q2 2014 to Q1 2015. 

In Lamudi’s survey conducted in 2015, more than half (55.05%) of the respondents cited Metro Manila as their preferred area for their property purchase, with Quezon City being the most preferred city (19.47%), followed by Makati (8.65%), and Manila (8.41%).

Cebu Province is the second most cited area by those looking for a property (6.97%), followed by the Province of Cavite (6.73%). It should be noted that these provinces are home to highly populated and popular cities for homebuyers, including Cebu City, Lapu-Lapu, and Mandaue (Cebu Province) and Bacoor, Imus, and Dasmariñas (Cavite).

8. More property developers focusing on affordable housing

HLURB data shows total licenses to sell declined 15.35% y-on-y to August 2015, due mainly to the drop in the issuances of non-residential projects (memorial parks and parking units).

However, there has been an increase in the number of new applications for low-income housing. The number of LTS for socialized housing, doubled as of August 2015 (year to date) from the same period in 2014.

There have also been significant increases in numbers of LTS issued by the HLURB for mid-income housing (56.58 percent increase) and low-cost condominiums (22.18 percent).

9. Metro Manila’s share of onsite search volume decreasing

Although Metro Manila is the most searched region in the Philippines for online house-hunters, its share of search volume among all regions is decreasing:

● 78.55% in Q2 2014

● 63.21% in Q3 2014

● 58.9% in Q4 2014

● 55.1% in Q1 2015

In contrast, other regions saw their search volume and share increase every quarter:

CALABARZON

● 7.89% in Q2 2014

● 12.67% in Q3 2014

● 13.29% in Q4 2014

● 14.71% in Q1 2015

Central Visayas

● 6.09% in Q2 2014

● 8.66% in Q3 2014

● 9.99% in Q4 2014

● 11.99% in Q1 2015

Search volume for CALABARZON’s surged on average 130% quarter-on-quarter from Q2 2014 to Q1 2015, while that for Central Visayas increased on average 104% quarter-on-quarter from Q2 2014 to Q1 2015.

To read Lamudi Philippines’ 2015 White Paper, go to www.lamudi.com.ph/research/whitepaper-2015/

ABOUT LAMUDI

Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 34 countries in Asia, the Middle East, Africa and Latin America, with more than 800,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online. For more information, please visit http://www.lamudi.com.ph

Visit Lamudi Philippines on Facebook, Twitter, Google+ and LinkedIn.

Danny Javier On Surviving Death, Healthy Lifestyle Change and Life Oil

www.occasionsofjoy.com

www.occasionsofjoy.comwww.occasionsofjoy.comwww.occasionsofjoy.comwww.occasionsofjoy.comwww.occasionsofjoy.comLast night at The Blackboard, I got to meet Danny Javier and Dondon Hontiveros for Life Oil Event, where I learned about malunggay's benefit.  

(Photo Courtesy: http://www.occasionsofjoy.com/)

Only a year after, Javier battled numerous life-threatening diseases that could have ended his life. “I was diabetic, then one thing led to another. I had kidney failure, liver collapse, emphysema, congestive heart failure, and sepsis,” he shared.

In 2012, he intimated how he fought for his life by making healthy changes in his lifestyle and maintaining an all-natural diet. He said he had to consciously follow a health regimen in order to maintain his wellbeing. 

“After about a year and a half my body has recovered, the next problem was maintaining it. I met this guy, Andy Lugtu, who formulated the Malungai LifeOil. It is pure oil extract from the leaves and seeds of Malunggay,” he said.

Mr. Andy Lugtu is the president of Manila Nature’s Link, a proudly Filipino biotechnology company that produces excellent health products that are harnessed from nature’s nutrients to help people live healthy, productive, and fulfilled lives … naturally.  This is exactly what Javier has found in Malungai LifeOil.

“I wanted a better quality of life, so Andy explained to me about Malunggay or Moringa. He told me about its life giving and maintaining qualities, and that he had captured it in a pill. So, he gave it to me. He said, take it everyday – first thing in the morning and last thing before you sleep. I never got sick since then,” he testified.

Even as he now takes Malungai LifeOil daily, he also religiously takes his medicines and keeps tab on what he eats.

On why he is vocal about his fascination for Malunggay, Javier explained, “I would like to share this with other people because it is very beneficial for me. I am very active now, going to meetings, and playing golf.”

A true patriot, Javier admitted that, with his new lease on life, he was looking for something as productive and as ingenious as his brainchild, Pidro Shirt. 

“After I survived, I was looking for what’s the next thing for me to do. And I wasn’t looking for anything big. Nothing of the magnitude of APO, no. I wanted a simple, giving life. And I am glad that I took LifeOil because what can be more exciting than whole food that provides you maintenance and nurtures you. Malungai LifeOil is such a good example original Filipino ingenuity,” he said.

Kong Disneyland and SM Supermalls Promo

Kong Disneyland  and SM Supermalls Promo will truly amaze you. They will be giving away 30 privileged families a Red Carpet Treatment at Hong Kong Disneyland for FREE!

Head on and do your shopping at SM from February 1 to March 20 to be one of the 30 privileged families to get a complete holiday package to meet Mickey, Minnie and the gang at Hong Kong Disneyland. This includes round-trip airfare, hotel accommodations at the Hong Kong Disneyland Hollywood Hotel, and 2-day Disneyland theme park tickets--- all for an entire family of four.

SM patrons need only purchase a single receipt of PHP 1,000 at any SM mall to receive a raffle coupon. ePLUS card members will automatically receive 2 raffle stubs with every minimum purchase of PHP 1,000. Lucky winners will be drawn in March 2016.The lucky draw is held in celebration of Hong Kong Disneyland’s 10th anniversary. As Disney’s strategic partner, SM Lifestyle Entertainment, Inc together with SM Supermalls, welcome all patrons to shop at any SM Mall to get a chance at winning the complete holiday trip. Elevating HK Disneyland’s festive celebration, photo booths will be distributed at SM Mall of Asia, SM Megamall, SM North Edsa, and SM Seaside City Cebu-- further creating magical and memorable moments for the Filipino family.

Treat your family to a summer with Mickey and the gang for free! Shop at SM now to win an unforgettable, magical trip to Hong Kong Disneyland. Promo begins on February 1 and ends on March 20. Announcement of the 30 winning families will be held in March 2016. To double your chances of winning, visit any SM Cinema branch to purchase your ePLUS card today.

Photo Courtesy: www.occasionsofjoy.com