Jump to content
Sign in to follow this  

MAKATI PRIME.Com (Gateway page & Links)*

Recommended Posts

WOW!  "Do the Math!" (on the influx of Chinese workers into Manila & PH)

Landlords big winners as Philippines bets on Chinese gaming boom

Over 100,000 Work permits for Chinese (& others come w/o permits)

There are only about 120,000 condo units in Greater Manila.  Do the math !

"Any Filipino landlords are laying out welcome mats for the surging number of Chinese coming to Manila to work in online gaming companies taking sports and casino bets, undeterred by simmering anti-China sentiment and a common perception that Chinese are taking Filipino jobs.

“I was afraid at first because I heard so many bad things abut Chinese tenants but I was convinced later on when my friends told me they were doing the same”, said Tessie.

“It’s benefiting people like me who need to earn”, said the 63-year-old housewife.

Her home is close to a two-tower office building where five of the nine floors are used by Chinese gaming firms. A Chinese restaurant and Chinese tea shop downstairs do brisk trade. "

. . . MORE : scroll down >


Check out this Meetup with Manila Real Estate Investors http://meetu.ps/e/GTWpN/1Gk3J/d

Share this post

Link to post
Share on other sites

ROLLING OVER?  A Big Drop Ahead !

PSEI / Philippines Stock Exchange Index ... update : 10d / Last: 7.761.54 -127.87. Late Aug. It rose into 8/30.


Philippines PSEI / Possible Right Shoulder now in place at 8400, w/ recent rallyback to 8000

 PSEI ... update : with Prop.Dev'l : 10d / Last: 7,980 + 87, + 1.10%


Major property developers ROSE to a NEW PEAK at the time of the recent possible Right Shoulder

PSEI Index vs- SMPH, ALI, & MEG ... 3-years / PSEI peak=early 2018. Property peak= July 2019


If the August low in PSEI gets taken out by a meaningful amount, then it would be a very bad sign for Philippines stocks

The recent serious weakness in Property developer stocks is a sign that an important downturn may be underway.

Share this post

Link to post
Share on other sites
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this