It’s that time of the year again, folks. Bonus season is upon us and we’re all looking to spend our 13th-month checks a hundred different ways. Nobody wouldn’t blame you though. After the year we’ve all had, aren’t we in for a treat-yourself caravan to cap off the year?
Sure, you can go ahead and splurge. That’s fine, but this season also happens to present a golden opportunity to achieve all your other goals in life, like owning a house and lot or condo for sale and growing your wealth. There can be a lot of misconceptions about these, too—that it’s just too pricey and that only a handful of people can do so.
Ohmyhome Philippines Marketing Manager Julian Sison begs to differ. “There is a property that is fit for every price segment or wallet, as they say,” he claims. “It just takes a bit of research. For example, did you know that there’s a house and lot property you can reside in Laguna that costs only ₱575,000? And its monthly payment is just ₱4,600.”
Like many of us, Julian is looking to spend some of his bonus on his investments, including his own home. “We’re looking at remodeling our kitchen so part of the 13th-month pay is allocated to that.”
At the very least, Julian feels that more Filipinos now are much more open to property investing compared to five to seven years ago. From social media campaigns on financial literacy and property investing to marketing efforts for home promos, loans, and digital services, information on homeownership is much more accessible.
Patricia Pagilagan, an Ohmyhome property agent, knows that the 13th-month pay season is a busy time for sales. She’s already had clients asking her where to buy a home in the Philippines, with most looking at property from major developers like Bria Homes, PIK, Moldex Realty, Inc., and the like. It also helps that this holiday season, Ohmyhome offers property seekers an exclusive 30% discount on reservation fees on all units on the platform.
For Patricia, part of her bonus will obviously be spent on buying gifts for her family. As for investing, she says that she “would love to invest in Urdaneta, Pangasinan because of its accessibility to the Expressway.” She hopes to turn it into a resthouse. If you share similar requirements to Patricia’s, then you should also be interested in a project like this.
Speaking of transit-oriented property investments, Ohmyhome Product Manager Thor Carillanes is on the lookout for a community that addresses his preferences. “My preferences are properties that would allow me to grow plants because I love succulents and an open area where I can allow kids to play whenever they are visiting.”
He continues: “I am particular about noise so I also prefer communities that are quiet but very accessible to amenities and mass transport.”
Around two years ago, Thor purchased a property near their grocery business in Valenzuela. It was a forgettable experience, to say the least. “I initially thought that buying would be an easy thing but then came the processing of downpayment, signing of documents, etc.”
When I joined Ohmmyhome I never knew that these steps could’ve been done easily. They (his former realtor) even refused to send me the documents I needed to sign hence I was only able to go on their [Taal] office after two weeks since my calendar is full.”
Ohmyhome’s digital services, extensive inventory, and end-to-end agent services make the property transaction experience easier for end-users.
In addition, the middle-income segment is crucial to fuelling residential demand beginning next year. And with the Bangko Sentral ng Pilipinas keeping interest rates at 2%, property buyers can be assured that they can continue to save big and grow their wealth, as well.
For Julian, he advises first-time property investors to also look at condo projects in Metro Manila. “Hybrid work arrangements and having the convenience of being near commercial hotspots is something that is attractive to potential yuppie renters. RLC Residences’ SYNC at C5 E-Rodriguez Jr. Ave. is a good property that I’d look into,” he concludes.
So where will you be investing your hard-earned money? Of course, these aren’t meant to discourage anyone from treating themselves a little bit. But always remember that we can all be more productive with our time and money, especially when we think about our long-term goals. Your bonus can go a long way if you choose to invest some of it on a property, considering that all signs point to a more robust market in 2022 and beyond.
As the old saying goes: “Don’t wait to buy property; buy property and wait!”
All these projects and more are available on Ohmyhome.com. So book a free consultation with a super agent today. For more information on the best and latest property listings nationwide and how our Ohmyhome’s online ecosystem helps investors like you, visit Ohmyhome.com or download the official Ohmyhome app.
Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.
Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.
The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.
Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.Stay connected with Ohmyhome Philippines by following our official Facebook, Instagram, and LinkedIn accounts.