coreya

coreya 

I am an expat

 
 
 

Latest Activity

coreya posted on the thread good places to visit at night in davao on the Davao forum

VPlace across from Gaisano Mall is a place to listen to live bands, drink and dance. Most of the bands are very good. Nice place to hangout with GF or friends in general. Matina Square Mall or MTS. There is a bar in the back by the basketball court run by and English guy and he has a great crowd of the better expats in Davao. Nice and comfortable place for conversation and drinking. MTS has many barbeque food vendors and they have live bands on weekends

coreya posted on the thread Condominium or precious yellow metal? on the Manila forum

I mentioned in my post I get 20% on my money. Other than that I venture no opinion on precious metals or otherwise. I think food will become the ultimatum investment in time so owning cheap farm land and growing stuff could be the future. Probably takes 5 years to get a crop to commercial levels like **coffee** and coconut but can be supported with banana, corn,and other fast growing crops. The Philippines also needs good beef. Presently there is only one beef supplier of beef worth eating. Using Japanese cows grown and maintained following Japanese system.

coreya posted on the thread Condominium or precious yellow metal? on the Manila forum

With no disrespect who gives a flying crap about your central bank and what they think or do LOL. The fact remains there is too much building going on and rents cannot support the cost of money. Plain and simple! I can show you hundreds of subdivisions now where houses can't sell and these are nice places. With condos it is even worse. I am buying into a building in Makati in about the best location possible which I can own for 45,000sqm and in that building presently there are about 1/2 dozen for sale. Again I mean you no disrespect but my friend you are living in a pipe dream. You want to make a wager on it!

$1,800 can go far or not so far depending on where you live. Most will revolve around the rent you pay. far cheaper in province In the province yes and city no. A guy supporting a GF, Wife and family no. Very subjective speaking. yourlifeinthephilippines.com

coreya posted on the thread Condominium or precious yellow metal? on the Manila forum

Under no circumstances invest in any condo property. There is a bubble coming maybe within 3 years. Only two year ago you could buy under 70K sqm now prices almost 130k sqm. Ridiculous. Way too much building. I have tons of property in the country but just property and fortunately much of it I bought above 46 to the dollar and there are still property/land values out there, but you would have to have a mental problem if you bought a condo now in Makati, fort bon, rockwell, cebu, etc. cheaper to rent than own and invest your principal elsewhere.