“I’ll just buy a property later—maybe when the prices go down.”
Sounds familiar?
We often hear this from interested homebuyers. But based on our experience, property prices in the Philippines rarely go down – even during the pandemic!
Instead of price drops, what developers usually offer are flexible payment promos. These promos make real estate appear more affordable, but not because of a lower price tag.
📌 Real Example 1: Stretching the Payment Term
Let’s say the equity of a property is ₱200,000, payable in 12 months.
That’s ₱16,666.66/month.
Now, if a developer offers a promo making that payable in 15 months:
It becomes just ₱8,333.33/month.
Same total amount—but spread over a longer time = more affordable monthly!
📌 Real Example 2: Lower Equity Percent
Sometimes, the equity percentage of the Total Contract Price (TCP) gets reduced.
At first, it seems like a big discount—but the difference is added to your loanable amount, meaning it goes into your housing loan.
The good news? That balance can be stretched up to 30 years, depending on your financing (Pag-IBIG, bank, in-house).
💡 The Bottom Line?
Waiting for prices to fall might feel like a smart move.
In reality, property values continue to rise. Meanwhile, flexible payment promos make now the perfect time to start.
So instead of waiting for “later”…
Why not start now, while the options are affordable?
Ready to explore your options? Message us today and let’s find your future home. 🏡
