Informed Ownership: Making smart decisions in the Philippine real estate market

Owning a real estate property is considered a major milestone in the Philippines.

- By JOANA M. DINOSO, DBA

Owning a real estate property is considered a major milestone in the Philippines. It is actually one of the best assets that every individual could ever own. A real estate property generally does not depreciate its value; its value exponentially increases given better market conditions, and it withstands generations. Aside from the owner, their offspring, and generations to come can enjoy the property and its bundle of rights. It is no surprise that real estate properties' elasticity is low. Every property has its own unique features and characteristics that cannot be replicated in another property, which makes every property a coveted asset. But its viability is also extremely attractive to scammers and purveyors of disinformation alike.