MANILA Property Price Databank

[drbubb]

MANILA Property Price Databank

METRO MANILA, Average Condo Prices

Metro Manila is ₱ 190,341 per sqm :

HIGH: 199,734 psm Sales Price in Sep.2021
LOW:    80,564 psm Sales Price in Aug.2016

The median list price for condos in Metro Manila is ₱ 8,548,396. The median list price has gone up by 14.6% over the last year. The median list price per square meter for condos in Metro Manila is ₱ 190,341 per sqm.
The median rent price for condos in Metro Manila is ₱ 44,963 (ASK) / 44.9 sqm = 100.1 psm.  The gross rental yield on condos in Metro Manila is 6.3%.

Per DotProperty, Aver listing Price per sq for MANILA CONDOS

- has moved mostly SIDEWAYS, with a slight dip, over the last 12 months or so.  And having backed off Resistance at P200k psm it may be on or near support at..." The median list price per square meter for condos in Metro Manila is ₱ 190,341 per sqm."
Those who maintain that "Manila Property Prices Never FALL," may have some mild explaining to do. haha.  Actually, I have seen several bargains for CASH buyers.

> https://www.dotproperty.com.ph/properties-for-sale

[drbubb]

PHL HOME PRICES : another source (Global Property Guide)

Calculated for another site, the YoY changes are more like -20%

Sources: Colliers, Bangko Sentral ng Pilipinas

The last few years of that data bear a resemblance to a "smoothed" version the ALI chart, And that does not surprise me

ALI BOUNCE + 27% so far

ALI / AyalaLand ... update : 28.35

ALI LOW?  I was expecting ALI might go as Low as P20.  But we have seen a nice decent bounce off 22.35,  Up 26.8% already to 28.35

[drbubb]

-25% Correction expected in Canada:

Canadian Housing Correction Accelerates, Prices Seen Falling 25%

• Desjardins updates forecasts after RBC warns of historic drop

> https://www.bloomberg.com/news/articles/2022-08-11/canadian-housing-correction-accelerates-prices-seen-falling-25

( By one measure, PHL see panel above, has already had a -20% Correction.  Don't tell the BIR, which keeps pushing Zonal Values UP. Haha. )

[drbubb]

LOW PER stock Builders look attractive. May follow SHNG

MEG discount to SHNG stays Large, at -P1.59 discount

Low PER suggests room for DIV. rises

MEG:2.02-SHNG:3.61: (P1.59), 56.0% CPG 0.34=16.8% Meg

Stock : Last: Bk.V.: %BV : PER: E.Yld : D.Yld : Div.%: LastD: ex-Dv
MEG. : 2.01 : 6.64: 30.3%: 4.06: 24.6% 3.06% 12.4% .0614 : Oct’22
SHNG: 3.61 : 8.43: 42.8%: 4.00: 25.0% 8.02% 32.1%: .1344 : 09.07
CPG. : .340 : 1.85: 18.4%: 5.45: 18.3% 3.56%: 19.5%: .0061 : 09.28
ROCK: 1.50 : 4.16: 36.1%: 3.59:  27.9% 5.01%: 18.0%: .0752 : 08.17
VLL.  :  1.60 : 9.07: 17.6%: 2.62: 38.2% 1.83%: 4.79% .0292: Oct’22
FLI.   :  .650 : 3.69: 17.6%: 5.13: 19.5%  5.45% 27.0%. .0360: 05.09
ALCO: .495 : 1.90 : 26.1%: 4.56: 21.9% 2.42%: 11.1%. .0120:  07.12
==  Average of 7 : 27.0% 4.20=23.8% 4.19% 17.6% =====
ALHI:   5..98 : 8.83: 67.7%:  12.5: 8.00% 0.50% 6.25% .0300: 05.29