Chapter 1535 Real Estate Blue Ocean

With the brainwashing of Hansen and the others, Yang Cheng has an intuitive impression of the Philippines.

So much so that when he arrived in Manila, the capital of the Philippines, he was no longer surprised by all the seemingly novel things.

For example, just passing by, a bus converted from a jeep left by the U.S. military during World War II, is just a pile of broken copper and iron that was assembled together bluntly, and dared to go on the road with an added engine and four wheels. Orange is also an eye-opener.

As for the city's infrastructure, it's completely indescribable. It's like moving Africa to a tropical island in Asia. If it weren't for the green palm trees that comforted Yang Cheng's eyes, he would have collapsed if he stayed for a second longer.

However, as Hansen and the others described, the Filipinos are very optimistic. Even if they wear tattered clothes, they can't hide the smiles on their faces, and this is just because they won a dollar playing cards.

Amman Puro has a special seaplane to pick up and drop off guests, but it caught up with the storm at sea before takeoff. In order to ensure safety, the flight was temporarily canceled, and Yang Cheng could only stay in Manila temporarily and wait until the storm passed before boarding Seaplane to hotel.

As the host of the party, he went to the island two days in advance. Firstly, he was familiar with the situation on the island and introduced it to the guests. Secondly, he planned to investigate the real estate market in the Philippines. I don't have any hope, but since the itinerary is set, there is no need to cancel it, and it is right to travel.

In the car, Andrew suddenly pointed to the front and said, "Boss, this is the red light district in Manila, do you want to go in and visit?"

Hansen glared at him angrily, "What are you thinking? Let the boss go to the red light district?"

Yang Cheng was also speechless, "I'm not interested in Filipino women~"

Andrew said disappointedly, "boss, there are beauties in the Philippines, many of them are mixed-race beauties, and there are transvestites, and as long as we are willing to spend money, many women are white-collar workers with legitimate jobs. Sleeping is not a big deal, you can enjoy it and get money, why not do it?

You don't have to worry about safety when looking for this kind of woman, they also pay great attention to protection. "

"Shut up, I don't want to hear you~"

You can't give this guy a good face. If you are a dog, push your nose to your face.

Andrew patted his big bald head with a smirk, and looked back at the street from the rearview mirror from time to time, with a reluctant look, Yang Cheng almost couldn't help slapping him, looking at the future.

But he should have spent a very pleasant time in the Philippines, otherwise why would he be so nostalgic.

Yang Cheng followed suit for a while, not because she had any thoughts about the red light district, but because she thought of the Filipino maid in my grandfather's house in the past.

They have to change almost every year. It can also be seen from this that Filipinos do not have long-term work. Many families in Hong Kong hate this. After hiring Filipino maids, most of them only work for half a year, and the longest is one year, and then they are determined. Quit your job, go home and enjoy life, wait until the money runs out, and come back to work again.

Of course, less money is not ruled out, but the Filipino maid likes to work for multiple employers, and they like to change after working for up to half a year, so that they appear to have rich work experience.

Focusing on this point, Yang Cheng feels that developing real estate in the Philippines is an extremely wrong idea, just like transporting coal from HLJ to SX.

Moreover, Filipinos are not only lazy, but also have strong spending power.

They basically can't save money. In Yang Cheng's impression, the Filipino maids who work in the grandfather's house are required to pay the employees' salaries every half a month. In the two days after receiving the salary, their figures will appear in various places in Xiangjiang. Cheap supermarkets can even clog up the cash register, and people buy more.

Going to the supermarket to shop is also one of the greatest joys in their lives. The trolleys are full and piled up like a mountain, and they spend all the salary they just paid in one go.

Then some of the things I bought were used for myself, and some were sent back home.

In short, it will not be wasted.

In such a comparison, the Filipinos are far behind the women behind Jack Ma by several blocks in terms of spending power.

According to this way of consumption, Filipinos can't save money at all, so expect them to save money to buy a house? That is absolutely impossible. Filipinos think that if they have money, they must spend it. What do they save it for?

Where can I live? Do you have to spend a lot of money to buy a house?

If you have money today and spend it all today, whether you can eat without money tomorrow is a matter for consideration tomorrow.

In the eyes of Filipinos, it is a crime if the wages are paid and spent on the third day.

Thinking about it this way, Yang Cheng felt that tomorrow's inspection trip could really be cancelled, and there was no need to even watch it.

However, before coming, the company's investment consultant explained to Yang Cheng a lot of advantages of investing in the Philippines. At least the theoretical basis on the cards is very strong. If you don't invest, it will be a brutal crime!

Of course, Yang Cheng himself agrees, otherwise he would not have arranged the inspection itinerary. You must know that the Philippines has a population of over 100 million, and there are people who have everything. Relying on the strong demographic dividend, the economic development will increase no matter how slow it is, not to mention the economic growth of the Philippines. The paper data is not weak.

According to the data they released last year, the Philippines has become a model for emerging markets in Southeast Asia.

The real estate market in Manila, the capital, is favored by many investors for its stable value-added and Asia-Pacific-leading rental returns.

Especially the fact that the population of the Philippines exceeds 100 million is really enviable. Among the population of over 100 million, more than 20 million are in Manila, and the average age is very young. The demographic dividend is gradually being released, and there is a huge potential rigid demand.

Manila is also located in the geographical center of the Asia-Pacific region. It ranks among the top 30 international metropolises and belongs to the first-tier international cities, at least according to the data. However, the current housing prices are far lower than other first-tier international cities. It is conservatively estimated that there is at least 1-3 times the room for growth.

Of course, at present, the way of renting and selling is far more suitable for investment than buying and selling finished houses, because Filipinos can’t save money, so it’s better to increase the rental price and rent them to them, which can also ensure the speed of cash return.

And the property right is still in your own hands, which is a permanent property right. Land investment is always the safest item in sound financial management.

Think about it, building a small-sized residential complex in and around the central business district of the main CBD, where the location is prosperous, the population is concentrated, the facilities are complete, and life is convenient, and given a rental price acceptable to Filipinos, the demand should be strong.

This is more than that. Although Manila still looks dilapidated, the development has not stagnated. The infrastructure construction is slow, and it is not without. Land prices will definitely rise.

In addition, the Philippines has always been and will always be positioned as an international resort for leisure and retirement. Real estate continues to be driven by international demand, and its official language is English, which gives opportunities for foreign buyers to buy houses here.

Looking at various factors together, the real estate market in the Philippines is still a blue ocean, where Yang Cheng can roam freely.

However, no matter whether he heard it or saw it with his own eyes, Yang Cheng felt that this place was a big pit, waiting for him to jump down.

Thinking left and right, Yang Cheng scratched his head and ears in confusion!

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