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PSE: SMPH

Au-Ghost Month for PSEi?

Every year, market participants see August as ghost month, and this year, according to Chinese Lunar calendars, it will be from Aug 3 to 31. During this period, believers do not make any major investments, transactions or agreements as the period is well, inauspicious. [...]

August 4, 2016 // 0 Comments

SMDC Grace Residences: Updated Countdown to Turnover

This is just our own unofficial countdown. If you ask SMDC peeps, they are not yet willing to commit to a turnover date but based on our request of DP extension to SMDC (from Dec2015 to Dec2016 in lieu of delayed turnover, a request which they granted), it seems that Dec2016 / 4Q2016 is indeed a more plausible turn-over timetable. [...]

February 9, 2016 // 6 Comments

SMDC Grace Residences: Parking Slots

I was surprised to learn that the cost per parking slot now starts at PHP750K, exclusive of 12% VAT and 6.5% other charges. So all in all, it's at least PHP888,750. Crazy. I wonder how much the rival developer's parking slot costs now, three years since. I just hope this means the property valuation of the actual condo unit has already appreciated too. [...]

August 2, 2015 // 3 Comments