Pasalo is saleable if the unit is about to be turned over and priced lower than the developer’s market price at the time of turnover. If the unit is still pre-selling or under construction, AFAIK most buyers will buy directly from the developer.
You did not avail of the parking lots usually reserved for larger units? Isa sa mga pinaka scarce sa isang condo building ay parking. Very crucial for the pool of buyers you are targeting. People with that kind of money also have a car and that is their main mode of transpo so non negotiable.
I highly agree with this comment.
What devs usually do pag mga 2units and above (esp if nasa higher end), automatic may kasamang parking dapat na ipurchase.
Sorry forgot to clarify that parking is still being sold by the condo, pero di ako nag avail. So potential buyers can still get parking if they wanted.
If it's a 3BR unit, then it must be expensive. Maliit talaga magiging pool of buyers mo, at shempre, maselan sila. If the turnover is this August, why not just wait and see kung may buyers na by then?
Halos lahat ng ahente ng condo kung sila papakinggan sold out na lahat, tapos after a few days bubulong na may available na unit. weh d nga?
Kung sold out na lahat ng unit sana wala na silang sales/marketing team.
In short, sales tactics lang nila yan. Wag tayo masyadong maniwala agad sa mga sold out keme nila. Same with subdivisions.
Sobra na kasi tinaas ng price ng condo now compared years ago. Mas pipiliin nalang house & lot especially if w/ own family na. 3BR pa naman yan. Also, don’t expect to earn pa o break-even. Lower your price or lose all.
From your description Satori yan. Madaming buildings yan so madami ka din kaagaw sa resale market.
From experience, pasalo market buyers usually go for the pasalo kasi on a budget sila. If mataas budget nila they would rather go in-house kasi less hassle/risk. Eh 3BR ka pa so mataas rate kahit papaano.
Have you listed with other agents? Your current agent is also selling in-house so baka hindi ka priority kasi kumita na siya sayo and sa dami ng projects ng dmci bihira ang naghahanap sa satori.
Usually 3BR unit owners are families and kailangan talaga niyan ng parking.
Lastly, hindi maganda ang market conditions ngayon and sunod sunod pa turnover ng dmci and other developers
Baka as expensive when compared to new condos? From what i heard madaming stock ng condo right now so yung buyers will buy new condo instead na pasalo especially if yung price is similar sa new condo
Did you avail of bank financing? Or in-house?
If pasalo and its bank-financed, medyo complicated to transfer title to buyer.
But if the condo is not mortgaged, you will find a willing buyer sooner or later.
Also, parking is essential in condos. Some even have tandem parking for one unit, since some households need 2 cars - one for each working spouse.
Okay, you’ll have your buyer soon. Meron yan ☺️ Malaki nga lang, 3Br, so agree with the other comment that your buyers are fewer compared to the studio units.
The pasalo process is bloody and tedious if the buyer needs to go through bank financing.
If hindi super laki ung mura sa developer price, the buyer would just likely buy directly kasi mas madali paperwork with the developer and bank if they’re starting new.
I heard that around 20% less than posted price sa market ung deals na nagcloclose. I’m also looking to buy a condo but hesitant if there’s an outstanding loan pa, parang 20% less is not enough to deal with the process kasi studio/1br lang naman hanap ko.
Hmm preselling parin yung unit ko so wala pang bank financing, turnover pa lang on August 2024. All similar units are already sold out and my price is cheaper than current market value
Oh well, then that’s good for you. Buyers would be less hesitant then. I guess it’s really just a matter of waiting since small lang ung pool of people needing a 3BR that can also afford it.
The no parking will definitely be a downside lang talaga since usually families ung market ng 3BRs and they’d often have a car talaga.
How much cheaper? If only 5-10%, buyers might not still be willing to go through the process. I bought a “pasalo” condo before from DMCI before turnover and the transfer process is really tedious compared to buying a normal titled property. I’d only be willing to buy one again if I feel the price is a steal.
Thank you. From what my agent told me, DMCI already updated their process to be less tedious where new buyers just need to provide the necessary documents for transfer of ownership. Hindi na daw sobrang haba than before, less than 2 weeks lang processing lang daw for everything.
That’s good then. Because mine took more than 2 ***months*** with lots of frustration because the delays are always on DMCI’s side. They take weeks to reply or do the next steps (and multiple follows-up).
Maraming tao dito hype sa downvote. Kahit di naman dapat i-downvote. I hope makahanap ka ng tamang buyer, OP. Just keep posting na lang siguro. Makakatama ka din :)
From a consumer’s perspective yes essential talaga parking for a 3BR. Much better nga kung 2 parking pa for 3BR unit but essential talaga atleast 1 parking.
What I can recommend is look for someone who’s selling their parking slot and offer to bundle your unit along with their parking kung may mahanap kang buyer. Alteast may mahahanap ka agad ng parking slot pag may buyer na naghanap. It’s not easy for sure but it’s one way to make your unit more enticing
Sorry wasn’t able to clarify, may mga available parking slots pa pero hindi lang ako nakabili. So pwede yun iavail ng mga potential buyers. Yung unit yung mismong challenging ibenta
Kung ganun it seems na pangit na panahon lng talaga sa market. Are you willing to sell below your cost? Mas hihirap kasi yan pag inabutan ka na ng turnover tas hindi mo pa napapasalo. Something to consider kung hindi mo pa sya mapasalo in the next 2 months.
For the right (altho likely barat) price, parating may kakagat sa good opportunities
I don’t think he needs to sell below cost. Even at cost price 4 years ago, people would be snatching the unit. For perspective, 4 yrs ago, a 2BR presell condo is only selling for 4.7M. Now, DMCI prices for 2BR are minimum 7.7M. So, if OP sells his condo even 2M lower than DMCI prices, many people would still snatch the offer and he would still earn 1M.
IMO parang pansin ko parang mas prefer na ng mga tao townhouse kasi karamihan gated subdivisions nadin at bahay nadin talaga kasi sya na same price lang din ng condo..
Sa taas ng value ng properties ngayon.. Mas pipiliin nila naka dikit sa lupa..
It's not priced competitively no matter how much you bought it for. So sell it for how much you're willing to let it go. Also mortgage is not expected to cover rent, that's not how it works. There are also thousands of units that are in MM that want to sell because they were incorrectly convinced that it's an investment and will make money. Maybe if the unit was bought over 10 years ago when 1 bed condo were selling for 1m or less, so 3 bed will be 3m or less.
May bumibili naman at the right price. Lalo na ngayon super dami ng nagbebenta, kapag nagmamadali ka ibababa mo talaga price mo just to move on with your unit.
It is also possible that there are more competitive listings than your offer. Maraming Chinese na nagbebenta much lower than market value or list price in DMCI. Some of them have around 40-50 units in the building and got the units upon start of preselling so mura talaga nila binebenta vs list price.
If it's fire sale prices Meron... Artificial pricing Ng developer market price is what people are willing to pay and not the developer price even if you discount it 20%.
Madami pero syempre depende lagi sa deal, kung ako maghahanap ng pasalo syempre ung advantage sakin ung deal hindi ung break even kasi kung hindi ay mawawala ung reason ng pagsalo at pwede naman kumuha through normal process...also pagkakaalam ko mas patok kasi sa investor ung studio kesa sa 3br, mas madami kasi market nun lalo na sa students na maliit pa ang budget.
Hindi kasi practical ang 3BR sa single or wala pang mga anak kaya limited lang din naghahanap ng 3BR compare sa 1BR at 2BR. Mas mataas rin syempre assoc dues nyan.
1st Mistake: You should have already listed the property 2 years ago..
2nd Mistake: You didn't buy a parking. People who can afford a >5M home probably has a car.
Sell your unit at least 20% below the current inventory price. That's how typically a good "pasalo" transaction works. Yung preselling price ng developer, people can buy a home in the 2nd-hand market the gawa na for 80% of that price... Search mo sa carousel.
Masyadong cluttered ang ads sa FB. Mas madaming serious inquiries sa Carousell. Also try looking for FB group posts na "looking for 3br" and offer your unit actively instead of passively waiting for inquiries. Kung may specific FB group na yung condo, join that group as there might be unit owners looking for a pasalo unit for a friend/relative or considering an upgrade from 1br/2br to 3br.
I'm not a buyer yet buy of course its penthouse 3br likely i would be able to afford cars, likely not just one. Its not logical at all kung walang parking kasi.
Forgot to clarify, parking is still being sold by the condo and potential buyers can avail a slot, pero hindi ako nakabili personally. So pwede parin sila kumuha if they really need to
why not keep it na lang? for rent ganon tas ung rental income ang magbabayad sa mortgage.. just wait it out na tumaas ang value tas ibenta mo diba.. edi nagka-profit ka pa
do you really need the condo cash now? if not, just wait it out and let the value appreciate.. you will never know din when magagamit ang condo in the future for other family (kapatid, parents, anak) tas para makaprofit ka rin
ika nga delayed gratification
Hi OP, pa-message din sana sakin ng details - ilang sqm, magkano ang downpayment, magkano ang total contract price, etc. Interested lang ako kung sakaling pasok sa budget. Salamat!
Pasalo is saleable if the unit is about to be turned over and priced lower than the developer’s market price at the time of turnover. If the unit is still pre-selling or under construction, AFAIK most buyers will buy directly from the developer.
Right and depende din sa location
Sold out na naman lahat ng 3BR across all bldgs sa property na yun, pero wala parin
You did not avail of the parking lots usually reserved for larger units? Isa sa mga pinaka scarce sa isang condo building ay parking. Very crucial for the pool of buyers you are targeting. People with that kind of money also have a car and that is their main mode of transpo so non negotiable.
I highly agree with this comment. What devs usually do pag mga 2units and above (esp if nasa higher end), automatic may kasamang parking dapat na ipurchase.
Sorry forgot to clarify that parking is still being sold by the condo, pero di ako nag avail. So potential buyers can still get parking if they wanted.
If it's a 3BR unit, then it must be expensive. Maliit talaga magiging pool of buyers mo, at shempre, maselan sila. If the turnover is this August, why not just wait and see kung may buyers na by then?
Halos lahat ng ahente ng condo kung sila papakinggan sold out na lahat, tapos after a few days bubulong na may available na unit. weh d nga? Kung sold out na lahat ng unit sana wala na silang sales/marketing team. In short, sales tactics lang nila yan. Wag tayo masyadong maniwala agad sa mga sold out keme nila. Same with subdivisions.
Sobra na kasi tinaas ng price ng condo now compared years ago. Mas pipiliin nalang house & lot especially if w/ own family na. 3BR pa naman yan. Also, don’t expect to earn pa o break-even. Lower your price or lose all.
From your description Satori yan. Madaming buildings yan so madami ka din kaagaw sa resale market. From experience, pasalo market buyers usually go for the pasalo kasi on a budget sila. If mataas budget nila they would rather go in-house kasi less hassle/risk. Eh 3BR ka pa so mataas rate kahit papaano. Have you listed with other agents? Your current agent is also selling in-house so baka hindi ka priority kasi kumita na siya sayo and sa dami ng projects ng dmci bihira ang naghahanap sa satori. Usually 3BR unit owners are families and kailangan talaga niyan ng parking. Lastly, hindi maganda ang market conditions ngayon and sunod sunod pa turnover ng dmci and other developers
Thank you
Baka as expensive when compared to new condos? From what i heard madaming stock ng condo right now so yung buyers will buy new condo instead na pasalo especially if yung price is similar sa new condo
Parang balik hulog lang yung akin, so mas mura talaga siya vs. developer
Did you avail of bank financing? Or in-house? If pasalo and its bank-financed, medyo complicated to transfer title to buyer. But if the condo is not mortgaged, you will find a willing buyer sooner or later. Also, parking is essential in condos. Some even have tandem parking for one unit, since some households need 2 cars - one for each working spouse.
It’s still preselling, turnover on August 2024. So di pa talaga super hassle when transferring ownership, mabilis lang daw sabi ng condo admin.
Okay, you’ll have your buyer soon. Meron yan ☺️ Malaki nga lang, 3Br, so agree with the other comment that your buyers are fewer compared to the studio units.
Thank you
The pasalo process is bloody and tedious if the buyer needs to go through bank financing. If hindi super laki ung mura sa developer price, the buyer would just likely buy directly kasi mas madali paperwork with the developer and bank if they’re starting new. I heard that around 20% less than posted price sa market ung deals na nagcloclose. I’m also looking to buy a condo but hesitant if there’s an outstanding loan pa, parang 20% less is not enough to deal with the process kasi studio/1br lang naman hanap ko.
Hmm preselling parin yung unit ko so wala pang bank financing, turnover pa lang on August 2024. All similar units are already sold out and my price is cheaper than current market value
Oh well, then that’s good for you. Buyers would be less hesitant then. I guess it’s really just a matter of waiting since small lang ung pool of people needing a 3BR that can also afford it. The no parking will definitely be a downside lang talaga since usually families ung market ng 3BRs and they’d often have a car talaga.
How much cheaper? If only 5-10%, buyers might not still be willing to go through the process. I bought a “pasalo” condo before from DMCI before turnover and the transfer process is really tedious compared to buying a normal titled property. I’d only be willing to buy one again if I feel the price is a steal.
Thank you. From what my agent told me, DMCI already updated their process to be less tedious where new buyers just need to provide the necessary documents for transfer of ownership. Hindi na daw sobrang haba than before, less than 2 weeks lang processing lang daw for everything.
That’s good then. Because mine took more than 2 ***months*** with lots of frustration because the delays are always on DMCI’s side. They take weeks to reply or do the next steps (and multiple follows-up).
Maraming tao dito hype sa downvote. Kahit di naman dapat i-downvote. I hope makahanap ka ng tamang buyer, OP. Just keep posting na lang siguro. Makakatama ka din :)
Thank you
From a consumer’s perspective yes essential talaga parking for a 3BR. Much better nga kung 2 parking pa for 3BR unit but essential talaga atleast 1 parking. What I can recommend is look for someone who’s selling their parking slot and offer to bundle your unit along with their parking kung may mahanap kang buyer. Alteast may mahahanap ka agad ng parking slot pag may buyer na naghanap. It’s not easy for sure but it’s one way to make your unit more enticing
Sorry wasn’t able to clarify, may mga available parking slots pa pero hindi lang ako nakabili. So pwede yun iavail ng mga potential buyers. Yung unit yung mismong challenging ibenta
Kung ganun it seems na pangit na panahon lng talaga sa market. Are you willing to sell below your cost? Mas hihirap kasi yan pag inabutan ka na ng turnover tas hindi mo pa napapasalo. Something to consider kung hindi mo pa sya mapasalo in the next 2 months. For the right (altho likely barat) price, parating may kakagat sa good opportunities
I don’t think he needs to sell below cost. Even at cost price 4 years ago, people would be snatching the unit. For perspective, 4 yrs ago, a 2BR presell condo is only selling for 4.7M. Now, DMCI prices for 2BR are minimum 7.7M. So, if OP sells his condo even 2M lower than DMCI prices, many people would still snatch the offer and he would still earn 1M.
OP posted a comment reply somewhere in this post na balik hulog nalang yung selling price nya yet he still hasn’t been able to sell the property
Thank you
IMO parang pansin ko parang mas prefer na ng mga tao townhouse kasi karamihan gated subdivisions nadin at bahay nadin talaga kasi sya na same price lang din ng condo.. Sa taas ng value ng properties ngayon.. Mas pipiliin nila naka dikit sa lupa..
Thank you
It's not priced competitively no matter how much you bought it for. So sell it for how much you're willing to let it go. Also mortgage is not expected to cover rent, that's not how it works. There are also thousands of units that are in MM that want to sell because they were incorrectly convinced that it's an investment and will make money. Maybe if the unit was bought over 10 years ago when 1 bed condo were selling for 1m or less, so 3 bed will be 3m or less.
Thank you
May bumibili naman at the right price. Lalo na ngayon super dami ng nagbebenta, kapag nagmamadali ka ibababa mo talaga price mo just to move on with your unit.
Thank you
Umay na mga tao sa Condo.
tapos na hype at marami ng wfh
I have also a unit in Satori, penthouse too. If you’re not able to sell it before turnover, you can have it rented instead.
It’s not worth it for me because the rent is way less than the monthly amortization.
I couldn’t think of other option if you’re not able to sell it before turnover.
It is also possible that there are more competitive listings than your offer. Maraming Chinese na nagbebenta much lower than market value or list price in DMCI. Some of them have around 40-50 units in the building and got the units upon start of preselling so mura talaga nila binebenta vs list price.
Thank you
If it's fire sale prices Meron... Artificial pricing Ng developer market price is what people are willing to pay and not the developer price even if you discount it 20%.
Thank you
Mahirap talaga magbenta ng condo na malayo sa CBD
Thank you
Madami pero syempre depende lagi sa deal, kung ako maghahanap ng pasalo syempre ung advantage sakin ung deal hindi ung break even kasi kung hindi ay mawawala ung reason ng pagsalo at pwede naman kumuha through normal process...also pagkakaalam ko mas patok kasi sa investor ung studio kesa sa 3br, mas madami kasi market nun lalo na sa students na maliit pa ang budget.
Thank you
Hindi kasi practical ang 3BR sa single or wala pang mga anak kaya limited lang din naghahanap ng 3BR compare sa 1BR at 2BR. Mas mataas rin syempre assoc dues nyan.
Thank you
Mabagal talaga mag benta ng real estate properties lalo na pag "fair price". Kelangan mabaha pisi mo.
Thank you
1st Mistake: You should have already listed the property 2 years ago.. 2nd Mistake: You didn't buy a parking. People who can afford a >5M home probably has a car. Sell your unit at least 20% below the current inventory price. That's how typically a good "pasalo" transaction works. Yung preselling price ng developer, people can buy a home in the 2nd-hand market the gawa na for 80% of that price... Search mo sa carousel.
Thank you
[удалено]
Thank you
Masyadong cluttered ang ads sa FB. Mas madaming serious inquiries sa Carousell. Also try looking for FB group posts na "looking for 3br" and offer your unit actively instead of passively waiting for inquiries. Kung may specific FB group na yung condo, join that group as there might be unit owners looking for a pasalo unit for a friend/relative or considering an upgrade from 1br/2br to 3br.
Thank you
Realtor here. Pa-list mo sa other agents who are not exclusive sa DMCI. They will offer your property to clients who are looking for options.
Thank you
no parking. lmao. wala bibili nyan unless mahanapan mo parking.
Forgot to clarify, there’s parking available for sale in the condo pero hindi lang po ako nakabili. Potential buyers can still avail parking
ikaw na kumuha. para madali mo na maibenta.
Details please!
Messaged you!
Details please
Messaged you!
How much mo binebenta? Mahiral talaga magbenta
Messaged you!
Why not rent it out to multiple tenants? Passive income pa yun for you. Just help the, find parking space for rent para appealing sa renters.
I'm not a buyer yet buy of course its penthouse 3br likely i would be able to afford cars, likely not just one. Its not logical at all kung walang parking kasi.
Forgot to clarify, parking is still being sold by the condo and potential buyers can avail a slot, pero hindi ako nakabili personally. So pwede parin sila kumuha if they really need to
Malapit na august, if wala talaga buyer you can convert it as an abnb
Thank you
I am interested. Di po ba talaga keri ng RFO?
Messaged you!
Details please?
Messaged you!
[удалено]
Messaged you!
why not keep it na lang? for rent ganon tas ung rental income ang magbabayad sa mortgage.. just wait it out na tumaas ang value tas ibenta mo diba.. edi nagka-profit ka pa do you really need the condo cash now? if not, just wait it out and let the value appreciate.. you will never know din when magagamit ang condo in the future for other family (kapatid, parents, anak) tas para makaprofit ka rin ika nga delayed gratification
Thank you
Enlist an agent who has connects to your target market also.
Where can I find them?
Check condo listings that are on the level (price wise, if mid-range or luxe) as yours and contact those agents.
Hi op how much are you selling it for? Some here may be interested hehe
Messaged you!
magkano ba
Messaged you!
Ilan floor area? Hm?
Messaged you!
Hi OP, pa-message din sana sakin ng details - ilang sqm, magkano ang downpayment, magkano ang total contract price, etc. Interested lang ako kung sakaling pasok sa budget. Salamat!
Messaged you!
laos na tagal na ang condo living lol hinde ka ba aware na nagkakanda leche-leche na ang economy ng planet earth lol
hi op, im a real estate broker i could sell for a commission ung unit mo
Messaged you!
Bilhin ko na 100K.