4 Amazing House and Lot Renovations to Increase Property Value ~ Filprimehomes

4 Amazing House and Lot Renovations to Increase Property Value

4 Amazing House and Lot Renovations to Increase Property Value

If you are looking for a business that earns big profits instantly, buying and selling house and lot is worth a try. I know some individuals who started to accumulate their fortune by doing this business that’s why it has been my dream to be involved in this business someday. Though it’s a very expensive business to start, having the right attitude, proper mindset and proper planning can still get the job done.

For House and Lot Videos, please go to https://www.youtube.com/user/Filprimehomes


So if you want to start to buy and sell house and lot in the Philippines, here are the things that you can do to increase the value of your property:

Basic Updates/Renovations

This is the most important upgrade to start with. Typically, as a buyer one of your main questions are the basic things like: Is the roof leaking? Does the house look good? Is it properly painted? Is the wood still sturdy enough? Does it need replacement? Are there termites that should be treated? Are the pipes in a good condition? Are the wiring still safe for use? We all know that buyers want a healthy, safe home that can be lived with the most minimal maintenance. Addressing these problems earlier, will help you increase or at least maintain your house’s value over time and save money.

Create Space

Houses with a wide open floor plan are attractive for buyers. Maximize the current space that you have to add additional space inside the house. If you have an attic, present it as an additional work area, study room, bed room, family room or even a library.

Also, under-utilized spaces like under stairways spaces can be converted into storage spaces for shoes, bags or even kitchen supplies.

Upgrade your Bathroom and Kitchen

In the US, almost all brokers agree that enhancing your kitchen and bathroom is good way of increasing your house’s value.

For the bathroom, replace old, dripping and rust faucets, clean the grout, change the seat cover, replace or repair the non-working flush, paint the cabinets and clean everything as if it would look as new as possible.

For the kitchen, repaint or re-varnish kitchen cabinets, clean or paint the walls, replace old faucets and make sure that the pipes do not have leaks. 

Outdoor Upgrades

The façade of a house is the most important upgrade here. If you will put yourself on a buyer’s position, the front door or the façade is the first thing that you will notice. Before putting your house on sale, make sure that everything outside the house looks good and ready for selling. Make it look like that the house looks vibrant and inviting.

For a vibrant and inviting house, you can do the following:

Replace the front door if needed, if not repaint or re-varnish it. You can also consider repaint jobs on your front gate.

Make sure that the lights and door bell outside the house is working.

Invest on landscape. If you have a garden outside, make sure that the trees, plants, mini pond looks desirable.

Doing these things will greatly increase the appeal of your house to potential buyers. With a properly maintained house, everything will be in place. You will sell your house instantly at a high reasonable price.

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Ayala bags P4B ITS-South terminal project

MANILA, Philippines – Ayala Land Incorporated (ALI) has been awarded the P4-billion ($84-million) Integrated Transport System South Terminal project of the Department of Transportation and Communications (DOTC).

In August, the firm sought a P278-million ($5.89-million) annual grantor payment (AGP) – a fee the government will pay the winning concessionaire. ALI's offer was lower than the amount sought by its rival, Filinvest Land, Incorporated.

“This is the second ITS Project that we have awarded. Our goal here is to give passengers coming from the south seamless transfers to other modes of transportation, as well as help decongest traffic in the metro,” Transportation Secretary Joseph Emilio Abaya said in a statement on Monday, November 16.

Under the 35-year concession agreement for the project, ALI will operate and maintain a terminal for Manila-bound commuters coming from Laguna and Batangas.

The firm will be responsible for the terminal's design and construction, to be situated in a 5.57-hectare property along FTI Compound in Taguig City.

Construction is scheduled to begin in August 2016, with completion expected in January 2018.

The terminal is expected to be operational by February 2018.
Source: Rappler.com

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4 Amazing House and Lot Renovations to Increase Property Value

4 Amazing House and Lot Renovations to Increase Property Value

If you are looking for a business that earns big profits instantly, buying and selling house and lot is worth a try. I know some individuals who started to accumulate their fortune by doing this business that’s why it has been my dream to be involved in this business someday. Though it’s a very expensive business to start, having the right attitude, proper mindset and proper planning can still get the job done.

For House and Lot Videos, please go to https://www.youtube.com/user/Filprimehomes
For Home Choices: www.filprimehomes.com

So if you want to start to buy and sell house and lot in the Philippines, here are the things that you can do to increase the value of your property:

Basic Updates/Renovations

This is the most important upgrade to start with. Typically, as a buyer one of your main questions are the basic things like: Is the roof leaking? Does the house look good? Is it properly painted? Is the wood still sturdy enough? Does it need replacement? Are there termites that should be treated? Are the pipes in a good condition? Are the wiring still safe for use? We all know that buyers want a healthy, safe home that can be lived with the most minimal maintenance. Addressing these problems earlier, will help you increase or at least maintain your house’s value over time and save money.

Create Space

Houses with a wide open floor plan are attractive for buyers. Maximize the current space that you have to add additional space inside the house. If you have an attic, present it as an additional work area, study room, bed room, family room or even a library.

Also, under-utilized spaces like under stairways spaces can be converted into storage spaces for shoes, bags or even kitchen supplies.

Upgrade your Bathroom and Kitchen

In the US, almost all brokers agree that enhancing your kitchen and bathroom is good way of increasing your house’s value.

For the bathroom, replace old, dripping and rust faucets, clean the grout, change the seat cover, replace or repair the non-working flush, paint the cabinets and clean everything as if it would look as new as possible.

For the kitchen, repaint or re-varnish kitchen cabinets, clean or paint the walls, replace old faucets and make sure that the pipes do not have leaks.

Outdoor Upgrades

The façade of a house is the most important upgrade here. If you will put yourself on a buyer’s position, the front door or the façade is the first thing that you will notice. Before putting your house on sale, make sure that everything outside the house looks good and ready for selling. Make it look like that the house looks vibrant and inviting.

For a vibrant and inviting house, you can do the following:

Replace the front door if needed, if not repaint or re-varnish it. You can also consider repaint jobs on your front gate.

Make sure that the lights and door bell outside the house is working.

Invest on landscape. If you have a garden outside, make sure that the trees, plants, mini pond looks desirable.

Doing these things will greatly increase the appeal of your house to potential buyers. With a properly maintained house, everything will be in place. You will sell your house instantly at a high reasonable price.

Source: blogspot.com

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Developer offers jobs near homes

Every Filipino visiting Tokyo should nurse an envy at the sight of a metropolis so well governed.

I frequented this city many times in the past. Each time I visit, the city seems to be cleaner and more efficient.

Tokyo has about the same population as Metro Manila, although it is easy to imagine her population shuffles about more intensively than people do here. The reason is simple: they can.

As a victim of Manila’s horrendous traffic jams, it was a thrill last week to actually go to four separate places in Greater Tokyo between lunch and dinner. In Manila, one can no longer have four appointments in different places in one afternoon.

Even during rush hours, traffic moves in Tokyo. The reason for this, apart from a thoroughly developed subway system, Tokyo just kept on building elevated expressways crisscrossing the metropolitan area. In many places, there are as many as four decks of elevated roadway in this city.

Five days in this city, I have not seen a single traffic enforcer. There is simply no need for them in a place where everyone so scrupulously observes the rules.

Even in small alleys, there are pedestrian stoplights. Needless to say, they, too, are scrupulously observed.

No one smokes in the streets of Tokyo these days. One may smoke only in specifically designated cubicles equipped with air filters.

No one litters in the streets of this city – not because there are stiff fines as in Singapore but because that is the right thing to do. Notwithstanding, the streets are washed every night.

Tokyo sets a high standard for how a metropolis ought to be governed. Future infra needs are anticipated and set in place before congestion happens. The Japanese are proud of their trains, and for good reasons. Japan Railways reports a cumulative delay of only a few seconds for all its train services each year. A breakdown in the rail system, which happens regularly with the MRT, will be a national scandal soothed only by the resignation of the top rail officials.

Because this is such a well-governed metropolis, productivity is imaginably high. Urban efficiency and high productivity constitute a virtuous cycle. The key to that is the quality of governance provided.

Metropolitan Manila and Metropolitan Tokyo are on two ends of the spectrum of urban governance. A four-hour flight took me from one extreme to the other.

The descent back to the Third World was quick. Back at the Manila airport, I saw passengers wrapping their baggage in duct tape to protect from thieves and extortionists. Phone calls dropped. Internet service was slow. The streets were grimy. Governance remains substandard.

Close to midnight, traffic was still at a crawl. I looked at the forlorn faces of commuters unable to get a ride. I knew I was home.  

Townships

If Metro Manila had a reliable rail service, it would be easy for much of the city’s working population to live out of the city.

An efficient rail system explains why there are few high-density housing complexes within Metropolitan Tokyo itself. Because Metro Manila failed to build an efficient mass transit system, the trend here is towards high-rise, high-density mass housing. Meanwhile, the urban transport system remains primitive, producing the traffic nightmare we now endure daily.

Since we are not about to build a comprehensive mass transit system in the foreseeable future, the next best solution to the problem is to build townships that are as self-contained as possible. One such township is the Lancaster New City now being built over 1,107 hectares in Kawit and General Trias in Cavite province. The Property Company of Friends or Pro-Friends is engineering this sprawling project.

For years, our housing developers have been building low-cost housing projects in the provinces surrounding Metro Manila. The economists at Pro-Friends, however, realized that people who buy in these housing developments continue to commute to the city for work, spending a large bulk of their income on transportation.

The Lancaster New City, with its scale, is planned to attract BPO companies to its property development so that jobs will be available to people who invest in housing in the community. BPO companies, after all, are trying to disperse out of the city to bring down costs and attract more talent.

With jobs brought closer to the homes, residents will now be spending less on transport and more for raising their quality of life. This is, no doubt, an attractive proposition for those wishing to flee the infernal traffic jams in the metropolitan area.

Pro-Friends, with this project, sets a new standard for property development. The challenge now is to build economically self-sustaining communities, reducing the need to travel to work and reducing the carbon footprint for residents.

It is an attractive proposition for me to be sure, considering how much gas I consume daily and how much exasperation I endure getting to and from work. It will be an attractive proposition for the younger generation seeking lifestyles with a smaller carbon footprint.

This economically contained township concept will have to be planned on a certain scale. It is a project scale that requires robust financing.

Fortunately for Pro-Friends and their ambitious township project, a large banking conglomerate found the idea of a self-contained community an attractive and viable one. This banking group took out a stake in Pro-Friends, bringing the Lancaster New City development several steps closer to completion.

With our banking system now able to finance large developments in a lower interest rate environment, it should be possible to replicate this township concept elsewhere.

Source: Alex Magno - http://www.philstar.com/

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What if Henry Sy donates his wealth to Poor Pinoys?

If Sy’s family were to equally distribute their $12.3 billion to the poor, each person would receive $492, the amount an average Filipino worker would earn in five years and eight months.

See how Philippines' wealthiest man, Henry Sy and his family compared to other selected Asian countries using the  measurement : the Hoover index -- commonly known as the Robin Hood index. This index measures the amount of income inequality in a country by hypothetically distributing the wealth of the rich to the poor.

To see how this applies in Asian countries with significant wealth inequality, the Superrich Team applied the Robin Hood index for seven Asian countries -- South Korea, Hong Kong, Philippines, Thailand, India, Malaysia and Singapore -- and found that if the richest families gave their wealth to their poor (whose disposable income is less than half of that of the middle class), most would receive a little more than the average monthly wages of their respective countries, according to the International Labor Organization.

South Korea
Korea has considerable wealth inequality, with the top 10 percent owning 62.8 percent of the total wealth and earning 10.1 times that of the lowest 10 percent, according to the OECD’s 2013 data. Additionally, 16.4 percent of the population is in poverty, according to Statistics Korea.

The richest family in Korea is the Lee family of Samsung Group. Forbes estimated last month that Samsung Group chairman Lee Kun-hee had a total of $26.6 billion -- 944,871 times more than Koreans’ average annual income, according to the ILO.

If the Samsung family’s wealth were to go to 8.3 million of Korea’s poor who make an average of $6,226 a year, each of those people could receive $3,217, which is approximately 1.4 times the average monthly wage recorded by the ILO.

Hong Kong

Hong Kong, which runs an independent economic system from China as a Special Administrative Region, has the highest wealth inequality among the seven Asian countries: Hong Kong’s top 10 percent own 77.5 percent of the total wealth and earn 63.4 times more than the lowest 10 percent.

Lee Shau Kee, founder, chairman and managing director of real estate company Henderson Land Development, has assets of $24.1 billion, or 597,000 times an average Hong Konger’s annual wage.

If this money were to be distributed to Hong Kong’s 972,000 poor, each person would have $24,700, which is 7.38 times the average monthly wage in Hong Kong.

Philippines

The top 10 percent of the Philippines owns 76 percent of the total wealth and earns 13.4 times more than the bottom 10 percent. Nearly a quarter of the country (25.2 percent) is in poverty.

The richest family in the country is that of Henry Sy, chairman and CEO of SM Investments Corporation, SM Development Corporation and SM Prime Holdings.

If Sy’s family were to equally distribute their $12.3 billion to the poor, each person would receive $492, the amount an average Filipino worker would earn in five years and eight months.

Thailand

The top 10 percent of Thailand owns 75 percent of the nation’s wealth and earns 11 times more than the bottom 10 percent. Although the poverty rate in Thailand is only 13.2 percent, nearly 44 percent of Thai people live on $5 per day.

The Chearavanont family is the richest in Thailand, with Dhanin Chearavanont having $19.9 billion as the CEO & chairman of CP Group.

If the wealth was given to 8.9 million of Thailand’s poorest, each person would get $2,226, about six months’ wages for an average Thai worker. 

India

In India, the top 10 percent holds 74 percent of all wealth. The country also has the largest number of people in poverty due to its population: according to the Reserve Bank of India in 2012, 269.7 million, or 21.9 percent of the total population, are poor.

The family of Mukesh Ambani, chairman and managing director of Reliance Industries Limited, is currently the richest in India with $21.5 billion.

Due to the high number of poor, each person would only end up with $80 if Ambani’s family gave away all their wealth, but the amount would still be higher than what 508 million people in India earn in a month ($37.50).

Malaysia

Malaysia has considerable wealth inequality despite its high gross national income ($10,760), with the top 10 percent holding 71.8 percent of all wealth and earning 20 times more than the lowest 10 percent, according to the World Bank. Additionally, 17.9 percent of the population live under $4 a day.

Quek Leng Chan is one of the richest people in Malaysia as the chairman of Hong Leong Group, which his uncle, the late Kwek Hong Png, founded in 1941.

If this family, who has $18.9 billion, donated their wealth to the poor, each person would have $3,531, which is 7.5 times higher than a Malaysian worker's average monthly wage.

Singapore

Singapore had the highest rate of poverty out of the seven countries. According to the Singapore Central Provident Fund in 2011, 26 percent of the population is in poverty, and the top 10 percent has 59.6 percent of the wealth and earns 24.9 times more than the lowest 10 percent, according to MoneySmart.

The Kuok family is the richest in Singapore. Malaysian Chinese Robert Kuok grew his businesses ranging from sugarcane plantations to mining, finance, publishing and more, expanding to nearby Asian countries. His nephew, Kuok Khoon Hong, cofounded Wilmar International and is the richest person in Singapore.

If the family assets of $10.9 billion were to go to the 1.4 million poor, each person would have $7,665, or 2.9 times that of an average worker’s monthly wage.

Although an extreme speculation, the Robin Hood index shows that distributing the money of the superrich is enough to elevate the poorest of a country into middle class. Although there are arguments that financial assistance would decrease people’s willingness to work, studies have shown that it was not the case. Abhijit Banerjee, professor and founder of the Abdul Latif Jameel Poverty Action Lab at the Massachusetts Institute of Technology, released a paper last month saying that after an analysis of cash transfer programs in six countries, there was no evidence of assistance discouraging work.

Source: http://www.koreaherald.com/

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Palafox plans on decongesting Metro Manila

The urban planner Jun Palafox, who admits that all his proposals to the Aquino administration have been ignored, has suggested that the Philippines needs 200 more cities to decongest urban centers like Metro Manila. It’s not a bad idea—and it’s something that businesses and mass-housing developers are already implementing with no help from government.

Many manufacturers and service providers in the business process outsourcing industry are already relocating the bulk of their operations to the countryside, mostly in nearby provinces like Cavite, Laguna and Batangas.

With the virtual collapse of the traffic and transport system in Metro Manila and the chronic congestion in highways leading to the metropolis, coupled with the lack of new public infrastructure development, Filipinos will have to wait for future administrations to do the job that this one spectacularly failed to do.

In the meantime, developers like Pro-Friends or the Property Company of Friends in Cavite are intent on making it unnecessary for people to travel far for work or school each day, by locating their developments outside of Metro Manila.

Pro-Friends’ huge Lancaster New City project, started in 2007 on 1,107 hectares in Kawit, Imus and General Trias in Cavite, was envisioned as a self-sustaining development project complete with housing, leisure, commercial and industrial elements. About 14,800 families have already moved to their own houses in Lancaster New City, which is still conveniently 30 minutes away from Baclaran or Mall of Asia through the Cavitex toll road. 

Lancaster will also have its own industrial enclave in the Suntech iPark, where many BPO and manufacturers could relocate in the future. Since 1999, Pro-Friends has completed 17 low and middle-income housing developments and has nine ongoing projects, including a six-tower, mid-rise condominium complex in Quezon City scheduled for turnover this year.

Source: Jojo Robles - http://thestandard.com.ph/

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