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Best Posts in Thread: Any news about the Marina Spatial development?

  1. Rye83

    Rye83 with pastrami Admin Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    A trailer/RV like back in the States would be a luxurious lifestyle here. My bedroom is a about 9ft x 6ft. No kitchen, bathroom or shower, those are a 1km drive from my room.

    My parents had a pop-up camper when I was a kid and we would go camping in the summer in that. I enjoyed that...and would love to have one of those here.

    I wouldn't have a problem living in something the size of the condo shown in this thread if it were a holiday or a few months it off the year...but I couldn't ever bring myself to drop the amount of cash they are asking for to make it a primary living space. But obviously there are people willing to live in such small spaces. More power to them if they are satisfied and happy with that.
     
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    Rye83, Jun 29, 2017
    #19
  2. jimeve

    jimeve DI Forum Luminary Highly Rated Poster Showcase Reviewer Veteran Army

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    They are taking deposits for phase 2 now, facing the sea but won't have any sea view because they will have the mall built in front of it, so don't get fooled again.
     
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    jimeve, Jun 27, 2017
    #7
  3. Jack Peterson

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

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    Dogs Sleeping.jpg
    As is my Front Terrace Dogs Sleeping.jpg this part is 25 sqmtr
     
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    Jack Peterson, Jun 28, 2017
    #14
  4. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    Buyers should be aware that much of the lower floor area will not have views of the sea, but of the hotel and commercial buildings to be built in front.
     
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    Notmyrealname, May 4, 2017
    #3
  5. jim787

    jim787 DI Senior Member

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    I spoke with a filipino gentleman whose relative (mother or aunt, I forget) bought one unit. They found that small as it is, it was still smaller than the advertised measurements. We speculated that the advertised room measurements may have begun with the outer wall of the building. Or perhaps it was an error or conversion from meters to feet.
     
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    jim787, May 11, 2018
    #29
  6. Dave_Hounddriver

    Dave_Hounddriver DI Forum Luminary Highly Rated Poster

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    The problem with a condomium corporation in Philippines is that it must be 60% owned by filipinos IF the condo corp owns the land And building. This means the builders often round up the usual buyers, who are wealthy filipinos with cash, and give them extremely good prices on the first half of the units. This gives the condo corp cash to build with, it gives the fillipino buyers some great deals, and guess which units they want to buy?

    If the condominium corporation is set up to own the building only, on leased land, then it can be 100% foreigner owned. If all the sea view units are gone before the units come up for sale to foreigners then this is probably the former kind of condo corp.

    All this info is searchable on the ChanRobles law site but I could not be bothered to go find the links :clown:
     
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    Dave_Hounddriver, May 11, 2018
    #28
  7. Yellowbelly

    Yellowbelly DI Junior Member

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    I was there a couple of days ago and there were only 3 units (all ground floor) still available in Phase 1
     
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    Yellowbelly, May 4, 2017
    #6