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Land / house prices

Discussion in 'Dumaguete City' started by charlyB, Jul 22, 2019.

  1. wolvhund

    wolvhund DI Member

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    I'm still a little confused about the 60/40 corporations and owning land. I'm not sure how that plays out entirely regarding land ownership.
     
  2. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Basically it means the Sum Total of all foreigners in the Corporation can Not exceed 40% You could have 5 Foreigners in the Partnership/Corporation but to a maximum of 40 % only.
    Such as I have researched :bookworm:
     
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  3. Dr. Shiva

    Dr. Shiva DI Senior Member

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    Many rooms are measured from the middle of the wall to the middle of the opposite wall. This system makes the rooms also smaller than listed.
     
  4. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    measuring-irregular-room.jpg :popcorn: This is How I do it for instance:cookie:
     
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  5. Dr. Shiva

    Dr. Shiva DI Senior Member

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    A correct measurement would be to measure the walls separately.
     
  6. IggyPop

    IggyPop DI Member Showcase Reviewer

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    The developer doesn't want to see a single square inch going to waste and not being on-sold. Measurements taken from the middle of the wall to the middle of the opposite wall if the unit has neighbouring units either side of it, otherwise the measurement is taken from the outside of the wall.
     
  7. Dr. Shiva

    Dr. Shiva DI Senior Member

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    Yeah. When metering from outside the rooms inside are becoming much smaller. A 4 sqm room measured that way can become in reality a 3.6 sqm or even smaller room.
     
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  8. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    That's true, property developers measure from the outside getting their favorable measurement.
     
  9. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Jim, I would like to see them do that on your 2 & 3rd Floors :smug:
     
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  10. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    Same as the first floor Jack.:sneaky: