![]() ![]() Broker and blogger Jun Sanchez said that costs that home buyers need to account for when buying a new home, like Documentary Stamps Tax and home loan fees, usually amount to 3.5% of the property price. The notion of BGC properties being sold at high prices also comes with the presumption that they would also come with high real estate taxes and other fees. A BGC property comes in with expensive real estate tax and other fees. Soriano III revealed that developers nowadays have managed to lower the cost of condominium units in urbanized districts without sacrificing home value that the price points are now similar to a low-cost house. Moreover, Wong+Bernstein Business Advisory senior adviser Enrique M. But shouldn’t this be an indication already why people are moving to BGC?Ĭiting a study by US real estate website Trulia, Carolyn Bigda for the Chicago Tribune agreed that price is only secondary when in comes to looking for your home. After all, BGC is both an emerging business hub in Metro Manila and the hottest market for anyone who’d like to invest in Philippine real estate now. ![]() The idea of living in an ultra-modern landscape that is BGC has people thinking that only the rich and the elite could live there because they can afford it. ![]() We delve into the many misconceptions a home buyer would have of living in one of Metro Manila’s emerging business and lifestyle hubs and see whether they hold up: 1. However, upon your initial research, you have come across criticism from netizens about living in a highly-urbanized district such as BGC. Ready to take that home buying plunge? Chances are that you have been presented with opportunities to make Bonifacio Global City your new home. ![]()
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