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Vivnay

Vivnay

Active member

Filipino expat in Hong Kong

Forum posts

53

Contacts

1

About me

Filipino

Lives in Hong Kong

Registration: 06 August 2017

Vivnay
Vivnay replied to a thread
5 years ago
Baleze

Why are Rentals so expensive in Manila? by Baleze

Hi, I would like to know why the accommodation is so expensive in Manila - NCR. compare to other Asian countries with a high standard level, I noticed that the rent of a rooms, apartment is very high. What's the reason? Also, a lot of workers ...

Vivnay

Expensive in a relative sense, partly due to demand in and around Makati? Imagine tech and financial, auto firms dont flinch to pay the relatively inflated prices to house their expats and locals share into rental pool to stay close to work? Just a ... Read More

Vivnay
Vivnay replied to a thread
6 years ago
pinaymentor

Investing on real estate in the Philippines by pinaymentor

It's been awhile since I have visited this website. We have been living here in the South Area for almost 10 years now and for the longest time, I was involved in financial consulting with estate planning. In 2015, I attended a review on real ...

Vivnay

If physical property then read up on the POGO (Philipine offshore gaming operator) effect. Commerical property stands to benefit directly, and the broader property market as a derivative. If you want limited exposure to the sector, read up on the ... Read More

Vivnay
Vivnay replied to a thread
6 years ago
pinaymentor

Investing on real estate in the Philippines by pinaymentor

It's been awhile since I have visited this website. We have been living here in the South Area for almost 10 years now and for the longest time, I was involved in financial consulting with estate planning. In 2015, I attended a review on real ...

Vivnay

As is the case with ANY Emerging Market. CAVEAT EMPTOR is the mantra for investments of ANY kind. That being said, there are developing stories around the national infrastructure upgrade and a rising middle class that can lead to interesting ... Read More

Vivnay
Vivnay replied to a thread
7 years ago
kindawn

Should I buy a house in metro manila? by kindawn

Pretty straight forward question: should I buy a house in Metro Manila? (Yes it will be under my filipina wife's name and I totally trust her) Anyone has experience living in a house or subdivision in metro manila? I have been here for 3 years ...

Vivnay

BSP will most likely cut rates in May..A policy rate cut will lower the cost of funds for banks and temper mortgage rates, supporting demand for residential..both property prices and property stocks will trend higher.. Read More

Vivnay
Vivnay replied to a thread
7 years ago
kindawn

Should I buy a house in metro manila? by kindawn

Pretty straight forward question: should I buy a house in Metro Manila? (Yes it will be under my filipina wife's name and I totally trust her) Anyone has experience living in a house or subdivision in metro manila? I have been here for 3 years ...

Vivnay

Yes in a subdivision. Approx 33% appreciation though keep in mind there are taxes/fees on the way out.. Read More

Vivnay
Vivnay replied to a thread
7 years ago
kindawn

Should I buy a house in metro manila? by kindawn

Pretty straight forward question: should I buy a house in Metro Manila? (Yes it will be under my filipina wife's name and I totally trust her) Anyone has experience living in a house or subdivision in metro manila? I have been here for 3 years ...

Vivnay

We bought a place 5yrs ago in paranaque and now are in the process of selling. In addition to location, structural nuances like indoor plumbing, water pressure, build quality equally important if buying pre built. Transaction price is approximately ... Read More

Vivnay
Vivnay replied to a thread
7 years ago
Baleze

Why are Rentals so expensive in Manila? by Baleze

Hi, I would like to know why the accommodation is so expensive in Manila - NCR. compare to other Asian countries with a high standard level, I noticed that the rent of a rooms, apartment is very high. What's the reason? Also, a lot of workers ...

Vivnay

Is a function of holding power.. Owners, assuming the majority are professional OFW or moneyed locals tend to have little to no leverage on the purchase, given the bulk of these condo units were purchased pre RFO through monthly equity injections ... Read More

Vivnay
Vivnay replied to a thread
7 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

How common is this. Developer turns over a lot within a development, sets a minimum cost of construction. Stated reason being to preserve 鈥渙verall value of the village鈥. I get the broader idea to maintain a quality of build/aesthetics ... Read More

Vivnay
Vivnay replied to a thread
7 years ago
GuestPoster140

permanent visa for pakistani by GuestPoster140

after 1 year TRV pakistani can get Pemanent resident visa(PRV). if no what reason?

Vivnay

Perhaps this explains things better..Source is PRA. More Chinese expats than any other nationality have retired to the Philippines, according to the Philippine Retirement Agency (PRA).After Chinese, Koreans were the second largest cohort with 10,384 ... Read More

Vivnay
Vivnay replied to a thread
7 years ago
GuestPoster1050

Best Expat Jobs in the Philippines? by GuestPoster1050

Hi Folks, For those expats who are not fully retired in the Philippines, are there any decent employment or income opportunities? Excluding passive investments and/or rental properties. I am not talking about any common jobs which could easily be ...

Vivnay

Snr levels across global markets and risk functions at major banks. Slim pickings given scale of the Phils vs say Singapore or hk as a financial hub but there are roles out there. Read More

Vivnay
Vivnay replied to a thread
7 years ago

start a chinese fast food in the philipines

To quote Teresita Sy in a recent interview "鈥淗ong Kong food could be an instant success in the Philippine market 鈥 You eat Hong Kong, you think Hong Kong,鈥 Sy said. Gives you an idea of the sort of heavy hitters you are up ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
Vivnay

cash and stocks by Vivnay

Any tips on transferring PHP from Hong Kong to Manila? Remitters like I-remit have the best rates but cap transfers at PHP 400k/month. Offshore Philly banks such as BPI will take you for a ride with their fx spot rates. Also looking at a few high ...

Vivnay

Yes they have. Inline with most emerging markets, thanks to the Fed and a strong USD. Domestic concerns around sequential rate hikes from the BP also keeping investors at bay. Markets are cyclical, the only constant is greed :| Read More

Vivnay
Vivnay replied to a thread
8 years ago
952cccraig20

Pro and Cons of Tagaytay, Laguna and Cavite. by 952cccraig20

I have just married a 46 year old Flipina. I am 65 and active. Teach English on line . I am from Boulder, Colorado. She nor I care for Tagbilran If any one is knowledge able about Tagaytay, Laguna and Cavite please tell me what you think of each ...

Vivnay

The Highlands in Tagaytay are nice. Landscaped properties set in rolling hills with enough autonomy to not warrant much external travel bar the essentials. While the price point is high, security seems airtight. The Midlands and greenlands come at ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
Vivnay

cash and stocks by Vivnay

Any tips on transferring PHP from Hong Kong to Manila? Remitters like I-remit have the best rates but cap transfers at PHP 400k/month. Offshore Philly banks such as BPI will take you for a ride with their fx spot rates. Also looking at a few high ...

Vivnay

PCOMP down 10% YTD, Jollibee up 10% talk about recession proof! Read More

Vivnay
Vivnay replied to a thread
8 years ago
masterappu

Jobs for Indians in Philippines (Manila) by masterappu

Hi. I am an Indian who have completed Masters degree in Electronics and Communication (Signal Processing and Embedded Systems). I have also completed my UG in Electrical and Electronics. Currently I am working in an IT firm. I would like to know ...

Vivnay

Not ideal. That said, the Internet is your friend and a quick Web search reveals the extent of potential FDI inked from India to the Philippines. Earlier this year, both parties have circled circa $2bln across Tech, medical and Pharma among other ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
masterappu

Jobs for Indians in Philippines (Manila) by masterappu

Hi. I am an Indian who have completed Masters degree in Electronics and Communication (Signal Processing and Embedded Systems). I have also completed my UG in Electrical and Electronics. Currently I am working in an IT firm. I would like to know ...

Vivnay

There could be a misconception among above applicants that the country is developed enough to import unskilled labour. Not there yet. Broadly speaking, India has similar growth rates, poverty rates, standards of living as the Philippines. Demand vs ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
952cccraig20

Pro and Cons of Tagaytay, Laguna and Cavite. by 952cccraig20

I have just married a 46 year old Flipina. I am 65 and active. Teach English on line . I am from Boulder, Colorado. She nor I care for Tagbilran If any one is knowledge able about Tagaytay, Laguna and Cavite please tell me what you think of each ...

Vivnay

CTBex should cut travel time to Manila by more than a margin. 2023 expected finish date. Tagaytay has the laid back vibe and climate but infrastructure needs work. Read More

Vivnay
Vivnay replied to a thread
8 years ago
Vivnay

Foreign investment in the Philippines 鈥 Follow the $. by Vivnay

While still below most of its ASEAN peers (Indonesia, Thailand, Singapore) foreign direct investment (FDI) to the Philippines has steadily grown over the past three years, reaching a record high of around USD8bn in 2016. 2017 however, FDI fell off ...

Vivnay

If more than 30% of your revenue is derived from local market, then your company is considered a domestic market enterprise. Paid up capital of USD 200k is required to incorporate and 60/40 ownership. Also foreigners are generally not allowed to ... Read More

Vivnay
Vivnay created a thread
8 years ago

Foreign investment in the Philippines 鈥 Follow the $.

While still below most of its ASEAN peers (Indonesia, Thailand, Singapore) foreign direct investment (FDI) to the Philippines has steadily grown over the past three years, reaching a record high of around USD8bn in 2016. 2017 however, FDI fell off ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
tambok17

Are Condos a Good Idea? by tambok17

Is it a good idea to buy a condo in the Philippines? If so, how can one hedge oneself from losing out?

Vivnay

An idea's effectiveness depends on its gestation period. In an emerging market context, one has to think about what the catalysts to the upside will be. Be it FDI liberalisation kicking off in 2018 or federalization slated for 2022, one also ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
Vivnay

CCT VS TCT Question by Vivnay

My understanding is that some centrally located condo projects in the CBD, like Alveo's Gentry in Makati etc are all CCT to the buyer. Understandably there are TCT condominium projects in districts further out. Does purchasing a CCT condo in a ...

Vivnay

A Transfer Certificate of Title a.k.a Deed of Sale or Deed of Absolute Sale refers to the property title of a land (with or without a structure built on it) with its geophysical location, measurement, registration number and name of the owner. ... Read More

Vivnay
Vivnay created a thread
8 years ago

CCT VS TCT Question

My understanding is that some centrally located condo projects in the CBD, like Alveo's Gentry in Makati etc are all CCT to the buyer. Understandably there are TCT condominium projects in districts further out. Does purchasing a CCT condo in a ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Like this for example. https://i1.wp.com/www.firstinarchitecture.co.uk/wp-content/uploads/2014/02/cut-and-fill.jpg Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Ah ok. For some reason I was under the impression that diagram number 4 was the best option for construction where the retaining wall facing the frontage on the lower portion was a solid bit of foundation with no other functionality except to ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

When construction is done on a slope, using the cut and fill method, looks like there are 2 new retaining walls that are placed into each of the excavated/filled areas. On a slope where the frontage is on the lower portion of the slope, does the ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Further reading suggests, Solar Philippines will be the key player in the domestic market with the Pres just attending an inaugural factory opening in Batangas yesterday. Read More

Vivnay
Vivnay replied to a thread
8 years ago
Vivnay

cash and stocks by Vivnay

Any tips on transferring PHP from Hong Kong to Manila? Remitters like I-remit have the best rates but cap transfers at PHP 400k/month. Offshore Philly banks such as BPI will take you for a ride with their fx spot rates. Also looking at a few high ...

Vivnay

Despite being an emerging market, I find the PCOMP to be relatively low beta in nature vs say HSI (Hong kong) that swings about quite a bit. Hence why pay the front end and the obligatory fund manager premium for these funds/Unit trusts when one can ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

100% agree. Tesla's Powerwall was doing the rounds in the Philippines sometime last year I believe...has the company made inroads? Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Agree on the above points. Thanks for the input..On further thought, non segmented floor to ceiling glass would also mean no cross ventilation as there would be no openable windows... Hence the right combination of large single segments (center)+ ... Read More

Vivnay
Vivnay replied to a thread
8 years ago

Tagaytay Highlands/Midlands/Greenlands

Pros Security Utilities (private water, underground power lines etc) Aesthetic (Landscaping) Community/resort living Cons Logistics (Disconnect from city epicenter) Cost of Living Burgeoning load on existing infrastructure Any thoughts on the ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Thanks again Mark. Great input and information for anyone considering building/furnishing a holiday home. Which we are at some point in the near future, should all things play out. Was curious as to what thoughts people have on solar panels. In ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

With regards to built in furniture, are there cheaper composite alternatives to wood for bunk beds? Read More

Vivnay
Vivnay replied to a thread
8 years ago
Vivnay

cash and stocks by Vivnay

Any tips on transferring PHP from Hong Kong to Manila? Remitters like I-remit have the best rates but cap transfers at PHP 400k/month. Offshore Philly banks such as BPI will take you for a ride with their fx spot rates. Also looking at a few high ...

Vivnay

Bob thanks. I've some exposure to such insurance linked funds and prefer vanilla equity for flexibility. Does not appear there are big differences among the big banks on a retail brokerage level. Read More

Vivnay
Vivnay created a thread
8 years ago

cash and stocks

Any tips on transferring PHP from Hong Kong to Manila? Remitters like I-remit have the best rates but cap transfers at PHP 400k/month. Offshore Philly banks such as BPI will take you for a ride with their fx spot rates. Also looking at a few high ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Further reading suggests aac is suitable for non load bearing walls only. Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Came across an article on philstar dated Feb 2017 on Autoclaved aerated concrete (AAC). There was some mention of savings on foundation cost by around 25 percent with this method of construction. Has anyone heard of it? At the time the article was ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

In hindsight tri sectional may not work for a standard size master bedroom windows. Our intention would be to have a large enough center non operable sections combined with smaller operable side. sections. Thanks again for addressing the query on ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Do you mean windows that reach up to the ceiling? Windows that reached the ceiling in height are not common. We usually do it on mid-end to high-end modern-inspired houses. Once you go for larger windows, you have to do it for the whole house. There ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Are wall to ceiling windows common in residential construction? In bedrooms for example. Are tempered single panes a safe option in typhoon country? Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Cool thanks for the info. Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Thanks, thats comforting and good to know. Is Stone expensive in Philippines? trying to gauge costs. Stone veneers for external house walls and internal facade walls for Tv etc. Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Nope, nothing quite that exotic. A better question would have been, does the lowest floor or base need to be wider than the floors above from a safety stand point. Structurally you had mentioned earlier there can be some overhang over and above the ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Right, that would make sense to those wanting to make the best of a view when entering the house. Especially if the frontage requires an entrance to be placed facing away from the said view.. A major part of the allure of a sloping house is the view ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Is one restricted to the frontage for the house entrance? We have a lot plan that has the frontage on the lower portion of the slope while we were envisioning an entrance on the top. Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Cool. About 530 square ft of easement in front. Would assume enough for a two car garage. What if any special considerations are there when building on a slope in an earthquake prone area. Batangas seems to get its fair share and is clearly visible ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Thats good to know. Out of curiosity, what does one do with the easement area in the frontage? Does that bit of space get utilized in any way? Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

One (1) level high ceiling + one (1) level low ceiling + attic sounds sensible. Appreciate the input thanks. How much of a concern is water runoff/drainage in the Midlands area? Salespeople working for the developer are quick to assure that adequate ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Good info, thanks. Just received the lot plan today. Lot size is 300sqm with maximum building footprint of 149sqm. Am I right in assuming that means 149sqm per floor? Also there is a height restriction of 9meters. In theory, is that enough for a 2 ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Thanks Markad..I was told to expect around PHP800k for the foundation/slope work alone from a real estate agent, understand that might be base case. Appreciate the heads up on the relative cost of wood, we are not married to the idea. ... Read More

Vivnay
Vivnay replied to a thread
8 years ago
giovannigio

how much can be to build a house? by giovannigio

how much can be cost build a house, mixed with cement and wood, for example floor made in wood. 2 floor , 40 squarmeter

Vivnay

Good information to be had in reading through these posts. Thanks to all contributors. We have recently purchased a 300 square meter parcel of land in the sycamore subdivision of the Midlands, in tagaytay with the idea of a summer home/future ... Read More

Vivnay
Vivnay joined Hong Kong expat community
8 years ago