Manila, Philippines
geri@investmoney.com.ph

Tag: PSE: SMDC

SMDC Grace Residences Lily Turnover Updates

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We are not irate or complaining. Impatiently excited yes. A few days or weeks delay is bearable, since we’ve been waiting for 4 years now, but with the right amount of pressure, hopefully the wait until 31Jan2017 won’t be necessary.

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SMDC Grace Residences Updates: Tower 1 Turnover and Site Pictures

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The agent assigned onsite, named Gerald, was kind enough to give us a tour of the Orchid tower to see what it looks like, as well as some amenities so below are some more pictures. When asked if Tower 2 – Lily is within schedule of 4Q2016 turn-over, he said that it might be safe to expect it by Jan2017. Sigh.

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SMDC Grace Residences: Updated Countdown to Turnover

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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.

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Truly Rich Club Stock Tip: LaFarge Republic Inc & Unexpected Dividend

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At market price of 11.60 per share, the Php0.45 dividend is already a 3.88% return (not yet net of tax). So what? Well this is among the biggest dividends I’ve received percent wise. The usual I get is 1% to 2% of stock price.

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Juan Liners: SM Aura, NBS Backdoor Listing, PSE@7400 (shortly), etc.

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This is no new news. National Bookstore shall enlist backdoor via Vulcan Industrial and Mining Corp (VUL). First official news actually came out around last month which sent the VUL stock price erupting upwards due to speculation and anticipation.

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SMDC Grace Residences: Updates and Timelines

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Finally met Grace via a common friend, Google. Proximity to BGC and Makati CBD was appealing to me (I come from the northeast you know).

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Increased Demand for Presell Office Space

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As the saying goes, “build it and they will come”. Here, it’s as early as, “announce the plan for it, and they will come”.

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Asset Price Bubble Imminent? Oversupply of Condominium Units?

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Is demand still there for these units which will finish 2014, 2015 some even up to 2017? And is the property market heating up so fast with all these investment activities that anytime soon, price increases may just burst and do a free-fall?

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