{"id":66531,"date":"2020-09-18T20:11:35","date_gmt":"2020-09-18T12:11:35","guid":{"rendered":"https:\/\/primer.com.ph\/blog\/?p=66531"},"modified":"2022-09-18T20:12:37","modified_gmt":"2022-09-18T12:12:37","slug":"lamudi","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2020\/09\/18\/lamudi\/","title":{"rendered":"Lamudi"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-size: 12pt\"><em>Paving the way for intelligent access to local properties for Pinoys and Expats alike <\/em><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt\">Finding a place to stay in Manila is not easy for a foreigner that\u2019s just been assigned to a foreign country. More than the adjustments that comes with having to deal to an entirely different culture, accessing a property is not as easy for foreigners.<\/span><\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-381\" src=\"https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2015\/09\/lamudi-photo-1.jpg\" alt=\"lamudi photo 1\" width=\"850\" height=\"320\" \/><\/p>\n<p style=\"text-align: center\"><em>(Photo grabbed from <a href=\"http:\/\/www.lamudi.com.ph\/journal\/qa-prepare-property-selling\/\">www.lamudi.com.ph<\/a>)<\/em><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt\">For one, the Philippine constitution explicitly reserves the right to own land to Filipinos only. However, condos can be owned by foreigners provided as foreign ownership in a single project will not exceed to 40 percent, as stipulated in the <em>Condominium Act<\/em>. In addition, foreigners can own a house, but can only lease the land on which the structure is built for 25 years \u2013 which in turn, they can apply for lease extension for another 25 years.<a href=\"#_ftn1\" name=\"_ftnref1\"><\/a><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt\">In fact, a recent report by ABS-CBN cites that Asian investors (from Japan to Malaysia) are buying Philippine condos in bulk.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt\">The attractive property prices in the Philippines, coupled with measures put in place by the government to rein in the price of property, has increased interest in the Philippine property market from the region.<\/span><\/p>\n<p style=\"text-align: center\"><em><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-380\" src=\"https:\/\/primer.com.ph\/business\/wp-content\/uploads\/sites\/9\/2015\/09\/Jacqueline-Van-Den-Ende-Managing-Director-Lamudi-PH-1024x686.jpg\" alt=\"Jacqueline Van Den Ende, Managing Director Lamudi PH\" width=\"850\" height=\"569\" \/><\/em><\/p>\n<p style=\"text-align: center\"><em>Jacqueline Van Den Ende (Jacqueline Van Den Ende, Lamudi PH Managing Director) <\/em><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt\">This exciting development and the strong response of the international market has made <strong>Lamudi<\/strong>, the leading real estate website in the Philippines, to harness massive online and listings data to generate reports and other content for homebuyers and property investors. For example, Lamudi analyzes data from its listings and regularly publishes content on <a href=\"http:\/\/www.businessmirror.com.ph\/premium-price-lures-developers-to-tods\/\">condo<\/a>, <a href=\"http:\/\/www.wsj.com\/articles\/the-villa-in-manila-1438266056\">house<\/a>, and <a href=\"http:\/\/www.philstar.com\/business\/2015\/06\/21\/1468117\/qc-offers-cheapest-comml-properties\">commercial property<\/a> price data.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 12pt\">To also help expats and foreigners who are interested to acquire a property in the Philippines, the Lamudi blog has written articles which can be used as reference by any discerning buyer.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"color: #ffffff\">&#8211;<\/span><\/p>\n<p><em>Article by Melanie M. Suzon<\/em><\/p>\n<p><em>Photos from Lamudi Philippines <\/em><\/p>\n<p style=\"text-align: justify\"><em>For more information: <a href=\"http:\/\/www.lamudi.com.ph\/\">http:\/\/www.lamudi.com.ph\/<\/a><\/em><\/p>\n<p style=\"text-align: justify\">Link: <em><a href=\"http:\/\/www.lamudi.com.ph\/journal\/five-skills-brokers-need-cater-foreign-buyers\/\">http:\/\/www.lamudi.com.ph\/journal\/five-skills-brokers-need-cater-foreign-buyers\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paving the way for intelligent access to local properties for Pinoys and Expats alike Finding a place to stay in Manila is not easy for a foreigner that\u2019s just been assigned to a foreign country. More than the adjustments that comes with having to deal to an entirely different culture, accessing a property is not as easy for foreigners. (Photo grabbed from www.lamudi.com.ph) For one, the Philippine constitution explicitly reserves the right to own land to Filipinos only. However, condos can be owned by foreigners provided as foreign ownership in a single project will not exceed to 40 percent, as stipulated in the Condominium Act. In addition, foreigners can own [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":66532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15752],"tags":[],"class_list":["post-66531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2022\/09\/lamudi-photo-2-e1442666517474.jpeg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/66531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=66531"}],"version-history":[{"count":1,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/66531\/revisions"}],"predecessor-version":[{"id":66533,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/66531\/revisions\/66533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/66532"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=66531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=66531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=66531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}