[DiverDude]

When buying a persale condo unit with the expectations to sell before completion what are expectations on profit ?

Do you look at a percentage of the money down ( in my case 10 percent down, 20 percent over 24 months ) or do you look at the amount of the 100 percent of the value of the condo's worth per square meter ?

Or I look at what profit or income I would make over a period of time and base my selling price on that ?

[amanda.p]

I think valuing the condo per square meter is more quantifiable for buyers, making them agree for a buy, over pricing from projecting a profit or income for a certain period of time. Something like ((DP + other cost + Condo price) / total square meter) + increment = price per square meter. Price per square meter x total square meter = condo selling price.

[ferrariEverest]

When buying a persale condo unit with the expectations to sell before completion what are expectations on profit ?

i think it largely depends on market demand at that time & market price appreciation of your condo & condos/properties in the vicinity

[LL_Corp]

If your aiming for a higher class bracket, I think price/sqm won't suffice. You might want to consider ammenities, exclusivity and management. These things contribute largely to the appreciation of the property. All this after you chose a good location.

[pulubing_palaboy]

if you plan to buy a pre-sell condo unit and plan to sell at about completion time
you can expect to sell your unit at existing prices (at the time you are trying to sell) for the other similar units, provided there is a demand for your unit type and the condo development as a whole

[tmomedrano]

^

2-4% per quarter increase in price very conservatively speaking... well, im talking about Century Properties where most of our new projects are in Makati CBD... I heard that trump tower increased by more than 50% in one year. Well i wasn't working for them then. As always when it comes to real estate: location, location, location. do your research.

at the end of the day, its price is what your buyer is willing to pay for it and the price where you are willing to let go of it.


_{No need to quote previous post.}

[pulubing_palaboy]

^^^ so you work for century properties?

sorry to say that if i am planning to buy, i would NOT do business with you

my impression is you do NOT even check for facts
fyi, trump towers has not even been on the market for one year
it launched in september 2011
search for a philippine star article dated sep 9, 2011

hope you learn from this post

[ferrariEverest]

^ Saka Sir, may nabasa ko dati na may issue yung name na "Trump Tower".
may nagreklamo yata . babaguhin na yata yang property name into something else.
try ko hanapin yung article.

[pulubing_palaboy]

^^^that was another development
it was going to be called the trumps
it's a megaworld project
i believe it's been renamed to one central after
megaworld was threatened with a lawsuit for using the trump name

[ferrariEverest]

^ my bad.
dalawa pala gumamit ng 'Trump'

Salamat Sir!

[tmomedrano]

^^^ so you work for century properties?

sorry to say that if i am planning to buy, i would NOT do business with you

my impression is you do NOT even check for facts
fyi, trump towers has not even been on the market for one year
it launched in september 2011
search for a philippine star article dated sep 9, 2011

hope you learn from this post

thanks! lesson learned... sorry to hear that sir pulubing_palaboy
maybe I misunderstood my boss when i asked... i should've said within a year. anyway, no excuses

Cheers