Forex (and Economics) In Relation to International Real Estate Investing in the Philippines

Three days ago I was checking on the USD value of the luxury condo unit I'm reselling for my client. This is how I found Forex and the Economy are two really interesting things. 😄


Back in college I was fascinated with my Economics subject. Supply and Demand and all that seemed really interesting. A business course was my second choice in college but I went and graduated Fine Arts instead. ❤
Anyway look at this example of the Westin Manila Residences resale 2 bedroom pre-selling unit I'm reselling. 
If 1 USD = 40.48 PHP (back in 2008) that means the resale Westin 2 bedroom pre-selling unit would be more expensive at $518,774.
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Last April 4, based on then exchange rate, it was equivalent to $403k if rounded off. I even wrote a blog post about it.

Three days ago it was at $400k. 

Today it's value is only $398,372!!!


Omg are you kidding me? 😂 That's $4,171.88 off! 😆 In PHP it's still at P21M but it seems you'll save a lot in USD. Cool eh? 😄
This means, if you also choose to reserve a direct to Robinsons Land Westin Manila luxury condo unit with me, it's going to cost you less now than earlier this year. The time to invest and contact me is right now!
So the question is, why are you still not getting in touch with me to invest and/or live soon in this exclusive luxury/wellness Ortigas property?
This is the first Westin branded residences in Southeast Asia. It has 30 exclusive world class amenities within four floors, units will be semi-furnished upon turnover and you get Westin 5 star international hotel services and more as an owner! What more can you ask for?
Available 1, 2 and 3 bedroom units for you, your family/friends and colleagues! Penthouses are sold out!
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Why check in if you can move in very soon, only if you contact me now for more details. 😎
Reservation for non-resale (direct to Robinsons Land) units is only P100,000. Three days ago that's $1,909, today it is $1,897 only! Of course this would be subject to bank exchange rate or whichever you will be using to exchange your USD to PHP.
To experience everyday life of wellness and luxury very soon and the pleasure of ownership, set an appointment with me now via:
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🔥 Sun/Viber/WeChat: +63932 1800 937
💥 Globe/Telegram: +63917 768 8444
Email: LucyRLC(at)outlook(dot)com
Disclaimer: Details herein are subject to change without prior notice.
Originally posted on Steemit.


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