157: What’s Causing the Condo Oversupply in Metro Manila ft. Dr. Ben Lebig Jr.

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Pera and Purpose Podcast

Jay Adrian Tolentino and TAGM Marketing Solutions Inc.

168 episodes

1 day ago

Hosted by Jay Adrian Tolentino AKA “Kuya Jay”. He is a Financial Coach and Educator based in Dubai. The aim of this program is to help every Filipino become debt-free, build wealth and use money as a tool to live a meaningful life. Topics include proper money management, entrepreneurship, investments, and the stories of many notable individuals and personal finance personalities. For brand partnerships, advertisements, or other collaboration opportunities with our podcast, please contact our management team at info@tagm.com.

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157: What’s Causing the Condo Oversupply in Metro Manila ft. Dr. Ben Lebig Jr.

Pera and Purpose Podcast

48 minutes 47 seconds

9 months ago

157: What’s Causing the Condo Oversupply in Metro Manila ft. Dr. Ben Lebig Jr.

Metro Manila’s condominium market is facing an unprecedented challenge: an oversupply of units has left buyers, investors, and developers grappling with uncertainty. In this video, we’ll uncover the factors behind this crisis and explore what it means for property owners, potential buyers, and the overall real estate market.

Joining us is Dr. Ben Lebig Jr, a financial planning expert, entrepreneur, and author of TRENDING UP: Expat’s Guide in Building a Strong Foundation on Investments. As the founding chairman of the Association of Registered Financial Planners UAE Chapter, Dr. Lebig has guided countless individuals, especially expatriates, in making informed financial decisions and achieving wealth-building goals.

With his expertise and actionable insights, Dr. Lebig will help us understand:

- Why this oversupply happened [03:45]

- Mis-selling of a lot of agents to OFW's [09:12]

- The Dangers of Condo Flipping [13:10] - Is the market crashing? [13:54]

- How to navigate this situation [16:42]

- Great locations for short-term leasing [22:01]

- Importance of having an Emergency Fund [26:07]

- Are there opportunities now that are similar to what happened during pandemic [27:42]

- Dangers of Pasalo Units [29:37]

- Should you go for the condos now or those that are pre-selling [32:41]

- Ben's CONDOMINIUM Checklist [35:50]- Closing message [45:35]

Connect with Ben:

LinkedIn:

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Buy his book Trending Up: Expat’s Guide In Building Strong Foundation On Investments:

LINKS

📅 Schedule Your Free Clarity Call: https://bit.ly/claritycallwithjay

📚Download My Free Resources: https://jayadriantolentino.com/resources

📚Watch on YouTube: https://youtu.be/RFDhF5-kavI