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ARCA is Coming... Completions have started

$100 Oil Is Back On The Table By Nick Cunningham - Apr 18, 2018 Oil prices will rise to $100 per barrel if Saudi Arabia gets its way. Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil prices up to $80 per barrel, which would help boost the valuation of Saudi Aramco IPO. But why not $100 per barrel? Reuters reports that Riyadh would be fine with prices rising that far, which lends weight to the notion that OPEC will keep the production cuts in place even as its mission to drain surplus oil inventories around the world appears to be largely “accomplished.” OPEC and its non-OPEC partners are even considering yet another extension that would push the cuts into the middle of 2019. But with inventories back to average levels and expected to fall for the foreseeable future, the production limits would surely push the market into a deficit. The over-tightening, presumably, would lead to higher oil prices…just in time for the Aramco IPO. OPEC just posted its fifth consecutive month in which it recorded a new record high compliance rate with the production limits. In March, according to Bloomberg, the compliance rate surged to 164 percent, a new high, up from 148 percent in February. Unsurprisingly, output fell in Venezuela, but Saudi Arabia also chipped in further reductions. Two industry sources told Reuters that behind closed doors, Saudi officials have considered $80 per barrel, or even $100 per barrel, as sort of unofficial price targets. “We have come full circle,” a third high-level industry source told Reuters. “I would not be surprised if Saudi Arabia wanted oil at $100 until this IPO is out of the way.” . . . Indeed, Saudi Arabia is still posting large fiscal deficits, which, if left unaddressed, present a long-term threat. Saudi foreign cash reserves are down to $488 billion, down a third from their peak in August 2014 at $737 billion, although to be sure, the pace of drawdowns has slowed. “Their breakeven is around $85 per barrel,” according to Francisco Blanch, global head of commodities research at Bank of America Merrill Lynch, citing a reason why they might continue to favor higher prices. The risk of over-tightening the market, of course, is that it sparks an even greater response from U.S. shale. For now, a shortage of pipeline capacity in the Permian might insulate OPEC from the worst, but those bottlenecks will eventually be resolved. Get ready for the most expensive driving season in years... Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way. The U.S. daily national average for regular gasoline is now $2.81 per gallon. That's up from about $2.39 per gallon a year ago, according to Oil Price Information Service. And across the U.S., 13 percent of gas stations are charging $3 per gallon or more, AAA said last week. "This will be the most expensive driving season since 2014," said Tom Kloza, global head of energy analysis for Oil Price Information Service. $300 Oil 'Not Impossible'... Andurand says on Twitter lack of investment risks price spike Higher prices aren’t a threat to the economy, Andurand says Pierre Andurand, one of oil’s most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $300 a barrel was "not impossible" within a few years. Andurand, who’s often espoused bullish views, said in a series of tweets on Sunday that concern about the impact of electric vehicles on future demand was limiting investment in projects with long lead times. "So paradoxically these peak demand fears might bring the largest supply shock ever," he wrote. "If oil prices do not rise fast enough, $300 oil in a few years is not impossible." The hedge fund manager, who runs oil-focused Andurand Capital Management LLP, also went against the conventional view that triple-digit oil prices will dampen demand growth. "So no, $100 oil will not kill the economy," he wrote. "And we need +$100 oil to encourage enough investments outside of the U.S."

THE TRUTH has came out... On SSC 'Inflation' SENSE posted on SSC's Red Residence thread... "Developer's inflated price. That is the correct term. Just last week a family friend wanted to resell their unit at Shore for 6M. I asked why 6M and they said SMDC says its the current value of their unit now. Had to educate them of the real basis of fair market value vs developer's price increases then showed them a list of resale units with prices starting at 4M to 4.5M." > http://www.skyscrapercity.com/showthread.php?t=1943080&page=2 2MN is a big gap!, that's 50% higher than the secondary market prices (What is the "Real" price? The above comment was a response to the following): Originally Posted by 584C I don't think SMDC retain control over pricing because many Chinese agents' sales pitch for resale Sea Shell Shore units are "2m peso below market price". It is absolutely garbage lie. Market price is the price where people buy at. It should be "2m peso below developer's inflated list price". In the last one week, I saw at least 10 preselling resale Shell/Shore units being offered at "24-27sqm" for "3.85m-4.20m". SMDC list price is at least 6m. I doubt Megaworld retain control over prices. One Uptown Residences are being turnovered now. Can find preselling resale units there for 150k-160k/sqm compared to Megaworld's 220k/sqm inventory. Megaworld sold lots of Gentry Manor to Chinese at 250k/sqm list price. Quite sure there are discounts in Gentry Manor, because in Q4 2017, another developer sold preselling condos at a nearby lot at ~150k/sqm to Chinese buyers. I think there were so many buyers that the developer didn't even bother to do a sales launch. I know because my Chinese friend got an entire floor together with some friends.

'Inflation' SENSE posted on SSC's Red Residence thread... "Developer's inflated price. That is the correct term. Just last week a family friend wanted to resell their unit at Shore for 6M. I asked why 6M and they said SMDC says its the current value of their unit now. Had to educate them of the real basis of fair market value vs developer's price increases then showed them a list of resale units with prices starting at 4M to 4.5M." > http://www.skyscrapercity.com/showthread.php?t=1943080&page=2 2MN is a big gap!, that's 50% higher than the secondary market prices (What is the "Real" price? The above comment was a response to the following): Originally Posted by 584C I don't think SMDC retain control over pricing because many Chinese agents' sales pitch for resale Sea Shell Shore units are "2m peso below market price". It is absolutely garbage lie. Market price is the price where people buy at. It should be "2m peso below developer's inflated list price". In the last one week, I saw at least 10 preselling resale Shell/Shore units being offered at "24-27sqm" for "3.85m-4.20m". SMDC list price is at least 6m. I doubt Megaworld retain control over prices. One Uptown Residences are being turnovered now. Can find preselling resale units there for 150k-160k/sqm compared to Megaworld's 220k/sqm inventory. Megaworld sold lots of Gentry Manor to Chinese at 250k/sqm list price. Quite sure there are discounts in Gentry Manor, because in Q4 2017, another developer sold preselling condos at a nearby lot at ~150k/sqm to Chinese buyers. I think there were so many buyers that the developer didn't even bother to do a sales launch. I know because my Chinese friend got an entire floor together with some friends.

Rise is now on! But Bargains can still be found The Rise from another angle - along Guy Puyat / Buendia. Bargain Prices can still be found... in the secondhand market. I am hearing reports from a friend in another SE Asia city, that a friend of his has just agreed to Sell his 1BR unit at a (cheap) P 4million. He had tried to sell at a higher price (P4.3 Million) for 3-4 weeks. But then decided to accept a low-ish bid at P 4 million, or so I am told. I believe there are other potential Buyers monitoring this site who might have paid somewhat more (and I even offered to post an Ad here for 1-2 weeks.) Evidently, the Seller was in a hurry and decided to "hit the bid."

STILES won an Award

AN OLD JOKE? Or a "inside joke" Hoax video? this might be used again next April first, I suppose Nazi Coin From the Future Claimed as Proof of a Parallel Universe so somewhere in time and space Germany won WWII and took over the World On the bottom of the item the numbers 2039 were displayed – suggesting it was from more than 20 years in the future. And just above that, the Reichsadler Nazi Party symbol can be observed below the words “Nueva Alemania” – which translates to New Germany. The flip side reads: “Alies in einer nation” meaning all in one nation. "The Nazis from Antiarctica will intervene" . Haha

Richard Serret interviews Michael Salla COAST TO COAST AM - April 15 2017 - MYSTERY OBJECT UNDER ANTARCTICA First hour guest, exopolitics expert Michael Salla talked about a possible massive object hidden underneath Antarctica, and its implications if it turns out to be of ET origin. NASA's GRACE satellite discovered a magnetic anomaly beneath the ice cap which some believe is caused by the remains of a giant meteorite, Salla reported. Advanced machinery that uses space-time technology could also radically affect gravitational fields around it, he proposed. Salla detailed the account of a Navy witness who claims the Nazis constructed underwater bases beneath the Antarctic ice shelf. He also cited the U.S. Navy's Operation Highjump as evidence something was going on under Antarctica in the waning days of World War II. "There were at least two firsthand reports by naval personnel describing Navy ships and aircraft being attacked from flying saucers coming out of the water," Salla said. Featured guests include: Ali Siadatan Flying Saucers over Washington, 1952. Salla says they were Nazi technology UFO over Washington DC. Film Footage from 1952 Mikee Loves Indie 2 years ago (edited) Looked into this before. It was a recreation of what witnesses said they seen. I do believe that 1000's of folks seen the lights. Too many to be lying. But this vid is nothing but a recreation that was used in different documentaries. Al L 4 years ago This particular clip is a re-creation. I'm watching a show on TV right now called "Unsealed: Alien Files" and the episode is called, "Aliens and Presidents." This exact footage is shown with the tag, "Re-creation" in the upper right hand corner of the screen.

RED Residences Some posters on SSC think it was in order to make Bulk Sales to Chinese buyers ("discounted" by 35%) PRICING is high! 1-BR price : P7,136K / 26.04sqm = P 274.0k psm / Paid as: 15% over 47 mo. +85% @ completion, Apr.2022 Note: @ completion: (85%): P 6,066K /26.04 = P 233k psm, "a price from which a buyer might easily walk" in a weak market > source + 584C : In China, property developers often offer "bulk purchase prices" to individual or groups of individual buyers who buy many units at one go. Chinese buyers have come to expect "heavily discounted bulk purchase prices". Hence, SMDC and Chinese agents collaborated to give the Chinese buyers what they want. If one can buy in sufficient bulk, 35% discount is easily obtainable for SMDC condos. In early 2017, one Chinese millionaire was offered 70+ remaining units of SMDC AIR inventory at ~110-120k/sqm, while AIR's list price at that time was ~170k/sqm. The way I see it, 265k/sqm for RED means the Chinese bulk buyers probably get in at ~180k/sqm, which is still high and gives fat profits for such a location. . . . Look it from another angle. If your product is worth 1000 peso, will you want to sell it for 650 peso?

RED Residences - Why has SMDC inflated prices so fast? Some posters on SSC think it was in order to make Bulk Sales to Chinese buyers ("discounted" by 35%) 1-BR price : P7,136K / 26.04sqm = P 274.0k psm / Paid as: 15% over 47 mo. +85% @ completion, Apr.2022 Note: @ completion: (85%): P 6,066K /26.04 = P 233k psm, "a price from which a buyer might easily walk" in a weak market > source + 584C : In China, property developers often offer "bulk purchase prices" to individual or groups of individual buyers who buy many units at one go. Chinese buyers have come to expect "heavily discounted bulk purchase prices". Hence, SMDC and Chinese agents collaborated to give the Chinese buyers what they want. If one can buy in sufficient bulk, 35% discount is easily obtainable for SMDC condos. In early 2017, one Chinese millionaire was offered 70+ remaining units of SMDC AIR inventory at ~110-120k/sqm, while AIR's list price at that time was ~170k/sqm. The way I see it, 265k/sqm for RED means the Chinese bulk buyers probably get in at ~180k/sqm, which is still high and gives fat profits for such a location. Megaword gives at least 25% discount for bulk purchase made in cash. That is how they cleared their remaining inventory in One Central at 2017. There was a 300+m peso bulk purchase then by a major POGO company for use as staff dorm. List price was 180k/sqm then if I am not wrong. Look it from another angle. If your product is worth 1000 peso, will you want to sell it for 650 peso? + Azum. : Do SMDC still have control on the pricing for when the chinese decides to offload them? With Megaworld, I understand that the price youll get regardless if a unit came from developer's inventory or from an investor will be the same. 265K per sqm im afraid is a price not anymore based on fair market value in that area. Im sure they wont have a problem selling them to kapwa mainland Chinese but goodluck offloading such to locals.

Recent BITCOIN prices over 5-days - Almost Live (( Historical charts )) : 8yr : 2yr : NYSE Bitcoin Index / NYXBT ... 3yr : 1yr : 6mo : 2-yrs w/Weekly Bitstamp price data : 2yr-w.D : 2yr : 1yr : 6mo : 5moL : ========

Federal Land is taking advantage of the high prices at SMDC's Red residences (next door) - to raise its own pricing at Paseo de Roces Prices on RFO units at Paseo de Roces are said to have been pushed up by about 25% since April 2017, one year ago.

If True, the impact on Philly Property could be big 800,000 people about to flee New York and California because of taxes, say economists... "Some states are already feeling it" 800,000 people will leave New York and California over the next three years due to the new tax bill, conservative economists Arthur Laffer and Stephen Moore said in an op-ed in the Wall Street Journal. Other economists dispute this finding, say there is no connection between taxes and migration. These economists claim high-tax states will likely generate more wealth than they lose. In an op-ed in the Wall Street Journal headlined "So Long, California. Sayonara, New York," Laffer and Moore (who have both advised President Donald Trump) say the new tax bill will cause a net 800,000 people to move out of California and New York over the next three years. The tax changes limit the deduction of state and local taxes to $10,000, so many high-earning taxpayers in high-tax states will actually face a tax increase under the new tax code. Laffer and Moore say that the effective income-tax rate (what people actually pay) for high earners in California will jump from 8.5 percent to 13 percent. Wealthy Manhattanites would face a similar increase, they say. Those who make $10 million or more will see a potential tax hike of 50 percent or more, according to their analysis. Those hikes, they say, will cause an exodus of residents to move to lower or no-income tax states. > https://www.cnbc.com/2018/04/26/800000-people-are-about-to-flee-new-york-california-because-of-taxes.html

"What is going on with Black People in this Country?" "What is happening... is a Mass system of propaganda" "Charlie and I are GOING TO CRACK THE BLACK VOTE!" Charlie Kirk & Candace Owens Full Speech at Connect the Dot's, "Saving California" "My mother is on welfare. My entire family is on welfare." "If you want to control people, the first thing you need to do is breakdown the Family" "95% of Blacks are voting for Democrats. That means that 95% of people do not have our product."

Bitcoin's Correction may be over BTS ... 5mos : 5mo-L : Longer term MA's 12mos ==

Hang Lung / HK10 vs HK101 - since 2008 : xx QTR: 10-BKV: 10-div: HK-10 : HK101: 101/10 : -CCLI - : hlg/CC : e.08: 000.00 : $0.00 : $23.45 : $16.84 : 71.81% : $56.78 : 41.30% : e.09: 000.00 : $0.00 : $38.65 : $30.60 : 79.17% : $74.07 : 52.80% : e.10: $ 86.60 : $0.19 : $51.10 : $36.35 : 71.14% : $88.38 : 57.82% > highest ratio since GFC e.11: $ 89.90 : $0.38 : $42.55 : $22.10 : 51.94% : $95.47 : 44.57% : e.12: $ 96.00 : $0.79 : $44.05 : $30.80 : 69.92% : 115.60 : 38.11% : e.13: 101.00 : $0.80 : $39.15 : $24.50 : 62.80% : 118.96 : 32.91% : e.14: 106.80 : $0.81 : $35.20 : $21.75 : 61.79% : 133.34 : 26.40% : e.15: 103.50 : $0.80 : $25.20 : $17.64 : 70.00% : 135.89 : 18.54% : e.16: 101.30 : $0.80 : $27.00 : $16.44 : 60.89% : 144.72 : 18.66% : e.17: 109.80 : $0.80 : $28.75 : $19.10 : 66.43% : 165.02 : 17.42% : Q-1 : 000.00 : $0.80 : $25.65 : $18.28 : 71.27% : 177.61 : 14.44% : Q-2: ==== BkV.: 10: $61.06 / 101: $30.27 : 49.57 % / Apr. 2018 Annual Report 2017 : HLG : HLP /

Getting to the Heart of the Deep State's Dossier-Prosecutor Ploy Deep staters are (finally!) learning an important Lesson. Jim Jordan and Judicial Watch have their number JW: Congressman Jim Jordan's Remarks on "The Deep State" "I thought that Clapper was the guy who orchestrated the entire thing" How it worked -- "the biggest round-about Circle thing I have ever seen" + rod rosenstein writes the memo to get fire Comey fired + james comey writes memo (& leaks it) to get a special prosecuter appointed + rod rosenstein then appoints Mueller as the special prosecuter "Nothing frustrates the American people more than the double standard" "It is supposed to be equal treatment under law for everyone" JW: "the meeting that Comey had with Trump was orchestrated in the WH" "Obama role in orchestrating the dossier needs to be investigated"

Bullboard = "excitement for 2018" I think beyond getting to some normal valuation, the excitement in the story for 2018 will likely be the exploration program at Segovia as they drill the 60% of the concession that is unexplored. Read more at http://www.stockhouse.com/companies/bullboard#sKfmxBI7QCTMS22H.99 800d MA is now support It is not a Fibo# like 610 and 987, but this chart shows it provided Resistance -- update 800d chart Now that GCM broke through, it could/should be support Almost a Double from the Aug. Low gcm ... update Ratio: GCM-to-GOLD

CHART : Calendar 2014 - 18 : update : / 10d: HK10 : HK101 : Both : 870001 : update-4/26/18: $23.95, $18.40 Hang Lung Properties (HK:101) closed yesterday (Sept.8th at): +$17.40 + 0.40 :: +2.35% Open: 17.30 / High: 17.48 / Low: 17.00 // Volume: 672,675 Yield: 1.95% / P/E Ratio: 6.90 / 52 Week Range: 16.96 to 26.45 COMPARE - HLG owns almost 53% of HLP ++ some other assets =========== : -- Aug. 2015 --- / --- Apr. 2018 -- / Company----- : Group- : -Props. / Group- : -Props. / Change : Change : Stock Symbol: HK-10 : HK101 / HK-10 : HK101 / Last Price---- : $29.10 : $17.40 / $23.95 : $18.40 / -17.7% : +5.75% : Low of year--: $28.60 : $16.96 / $23.85 : $17.28 / Book Value-- : $56.86 : $29.50 / $61.06 : $30.27 / +7.39% : +2.61% : Price / Book- : 51.2 % : 59.0 % / 39.1 % : 57.1 % / Shares O/S -- : 1.35bn : 4.48bn / 1.36bn : 4.50bn / MktCap. HKD : $39.3B : $78.0B / $32.6B : $82.8B / Earnings / sh : $ 4.82 : $ 2.52 / $ 3.90 : $ 1.81 / -19.1% : -18.2% : P/E Ratio -------- : r-6.04 : r-6.90 / r-6.14 : r-10.17 / Yield -------------- : 1.30 % : 1.95 % / 3.34 % : 4.08 % / Div. per share : $ 0.38 : $ 0.34 / $ 0.80 : $0.75 / +111.% : +121.% :

Transition Metals Corp V.XTM Alternate Symbol(s): TNTMF (Spinoffs): Canadian Gold Miner Sudbury Platinum Metals & Mining Industrial Metals & Minerals "Transition Metals Corp is a mineral exploration company. It evaluates, acquires, explores and develops mineral properties in Canada. The company primarily explores for gold, copper, diamonds, nickel, and platinum group metals. Its projects include Haultain, Doherty Lake, Homathko, and Pipestone. The firm also owns an interest in four other early-stage gold exploration properties in Ontario and British Columbia." Transition Metals Announces the Staking of Six New Exploration Projects within Ontario Canada NewsWire 2 days ago Industrial Metals & Minerals Mining has been a tough business for the past several years, for mining companies and shareholders alike. The problem for both has been the same: extremely compressed valuations across most mining sectors. For investors, the low share prices for many of these companies have meant a limited number of opportunities for substantial gains. For the companies themselves, stiff competition for investor dollars and low valuations have often resulted in high levels of equity dilution for shareholders. One company that has not been deterred by these difficult conditions is Transition Metals Corp. (TSX: V.XTM, OTCQB: TNTMF, Forum). Transition Metals is a “project generator”. For novices to mining investing, these are companies who acquire early-stage prospective mining properties, add value through exploration... image: http://www.stockhouse.com/getattachment/5554d390-3956-45c8-a0b6-1549d60d91ef/Transition_enterprise-(1).jpg?width=450&height=288 (click to enlarge) Active options/joint ventures with 7 other mining partners, including well-known names like IAMGOLD Implats, and North American Palladium Valuable ownership interests in three companies (present market value ~ $8 million) 5 district-scale exploration properties, with interests in over 25 projects Preparing spin-offs for shareholders Absolutely minimal dilution More at http://www.stockhouse.com/news/newswire/2018/04/17/leading-project-generator-plans-near-term-spin-off#mJFiXUpWvkaBOmHh.99 Leading Project Generator Plans Near-Term Spin-off Jeff Nielson 7 days ago Canadian Gold Miner is presently a private company, but management is already busy preparing for an IPO. Once that IPO has been completed, this puts the Company in a position to deliver this bonus directly to its shareholders. In a conference call with Stockhouse Editorial, CEO McLean explained that the most probable process for moving these shares into the hands of shareholders would be in the form of a shareholder dividend. What is the impetus for pursuing these spin-offs? Unlocking value for shareholders. As noted, Transition Metals’ holdings in CGM alone have a current market value of $4.4 million. But XTM as a whole has a present market cap of only $5.8 million – for all of its many projects and options/JV’s (plus $1.6 million in cash). Clearly the market is heavily discounting the value of this asset as an internal holding of XTM. Through the combination of the IPO plus share distribution, management is seeking to provide its shareholders with a more realistic valuation for this valuable asset. The same is true with respect to Transition Metals’ plans to distribute its holdings in Sudbury Platinum. Sudbury Platinum is sitting on properties with enormous exploration potential. Read more at http://www.stockhouse.com/news/newswire/2018/04/17/leading-project-generator-plans-near-term-spin-off#mJFiXUpWvkaBOmHh.99

Home Prices In 80% Of US Cities Grew 2x Faster Than Wages... And Then There Is San Francisco Mind the Gap - SF House prices are now way ahead of Condo prices > https://www.zerohedge.com/news/2018-04-24/home-prices-80-us-cities-grew-2x-faster-wages-and-then-there-san-francisco

LITTLE CHINA? : New name for San Antonia/ Techzone area Big Profits for Landlords...? Poster: BIG TROUBLE in Little China Poster TRAILER (Here's a comment from the 100 West thread on SSC): I have noticed that this part of Makati is probably where most young Chinese expats reside. Mas madami ka pang makakasalubong na chinese kesa pinoy. Translate : "You can find more chinese than you are." Did a little google search... So as long as online gaming is illegal in China, this is a good thing for pinoy landlords I guess. Reaction: OT-- yes may Chinese invasion sa Ayala. Lahat ng underpass dun tadtad ng giant posters and ads in Chinese Translate: "All of these underpass are giant posters and ads in Chinese" https://www.pressreader.com/philippi...82153586736097 __________________ Why the connection to the 1986 film? I think it came to me when I connected THESE images Top of Export Bank Plaza, Export and Import Bank's head office building near center of the Techzone area The huge straw hats worn by the three Storm "gods". See Video: The Techzone Building itself... ...somehow reminds me of David Lo Pan, the villain from the BTILC film Also, Little Tokyo is just a short walk down Chino Roces. Manila's traditional Chinatown area is "tool old, and too dirty" to appeal to the modernized mainland Chinese who are flooding into Makati and the Manila Bay area

Ten Year rates are testing 3.0% - Possible breakout ahead TNX / 10 year rate x10 ... update Interest rates attempting 25-year breakouts! by kimblecharting - Apr 24, 2018 9:24 am Interest rates have been falling for nearly three decades. Could the trend of lower rates be over? The chart below shows a big test to this trend is in play right now THESE may shoot higher with Rates... or on their own GLD / Gold ... update GDXJ / Junior Gold shares ... update ==

Supply/Demand ... From my balcony I can see two other buildings, which have been completed within the last 18 months. At night there are very few lights on. Again this is only anecdotal evidence but if these buildings have all been sold out, yet no one lives there. You can safely assume a lot of these are being held as investments. With so many investors looking for tenants there is a flood of available rental stock. If the underlying demand for housing is not strong enough to meet this then rents are likely to fall as owners compete to secure tenants. I recently negotiated 33% off the asking rent for my current lease, and it really didn’t take much to do this. Can you imagine if you were holding an investment and the income was one third less than you were expecting, after a period of no income? Again from just standing on my balcony I can see five more buildings under construction, adding another few thousand apartments into this market. Off in the distance is Circuit Makati where another cluster of buildings will from a mini condo city over the next few years. Again many of these have already been sold by the developers, but is there room for further price growth in the future? To me this looks unlikely in most areas. Very few Condos will have all or most of the lights on - this is probably a hotel "ANECDOTAL"? That old "light test" is not reality. In my experience, Do that anywhere and you will find a small number of lights on, The RENT test - getting 33% cheaper is more meaningful, but he did not give facts & figures how can we know it means? From my own experience on the Fringe of Makati's CBD, I have seen the market absorb a big jump in supply, and Rents for small studios are rising. Colliers says 3BR rents are falling, but for small units Rents seem steady to firmer, and there are fewer units advertised for rent where I live, and they are mostly at higher levels. Manila needs better transparency - and more sharing of anecdotal info - that's one of the purposes of this site I do not think that relying on the "rising prices" ASKED by developers is a truly good way of assessing the market. The big marketing machines of the major developers are scouring Manila, PH, and now The World to find someone willing to sign and installment purchase contract with high purchase prices quoted in it. The Buyer will not know if he/she has truly made money, until it is sold and all the sales costs deducted. The fact that another buyer paid a higher price 3 or 6 months later, does not really mean you can sell YOUR unit at a higher price - you do not have access to the same buyers on the same terms. Do not believe the "false reality" presented by the Developers quoted Sales price. That is not YOUR reality, as someone who can only sell in the secondhand market