everra_header_be_safe.jpg

News
HOME
HOUSES AND LOTS
RENT / LEASE
CONDOMINIUMS
TOWNHOUSES
OFFICES
COMMERCIAL BUILDINGS
COMMERCIAL LOTS
RESIDENTIAL LOTS
POST YOUR REQUIREMENT
LIST YOUR PROPERTY FOR SALE
LIST YOUR PROPERTY FOR LEASE
TESTIMONIALS
REAL ESTATE LAW
HOUSEKEEPING
ACCOMMODATION
PROPERTY APPRAISAL
DOCUMENTATION
FIRE INSURANCE
CAREERS
CONTACT US
RELATED LINKS

High Returns on Manila Condominiums


14/03/2007
Section -
Philippines


The rental returns from letting residential condominiums in central areas of Metro Manila range from 8% to 15% yearly, according to a survey just released by the Global Property Guide.

The smallest apartments in each segment earn the highest yields. For instance, studio apartments in the prime areas of Metro Manila can earn around 13%-15%. But the highest returns are available on the smallest studios (30 sq. m.), which earn rental returns of an average of 15.1%. Larger studio condos (40 sq. m.) earn slightly lower returns (12.9%).

The same pattern holds in other condominium segments. One to two bedroom units (measuring 50 – 90 sq. m.) earn around 12%-15%, but the highest returns can be earned on the smaller (60 sq. m.) condos, which earn rental returns of 15%. Larger 1 – 2 bedroom condos (80 sq. m.) earn rather lower returns (11.5%).

“The pattern is unusual,” says Matthew Pollock, publisher of the Global Property Guide. “Instead of a smooth progression from high yielding units to low, we have high to low with high-yielding ridges or lumps at particular apartment sizes - which correspond to the smallest case of a particular number of bedrooms.”

by global property guide  : Copy and paste only to get correct link

http://globalpropertyguide.com/articleread.php?article_id=89&cid=4