Naglalayasan na? Observers notice increasing listing of mansion at Forbes

Several netizens discussed the listing of properties in the luxurious neighborhood of Forbes Park in Makati City.

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In his Facebook post, columnist Victor C. Agustin posted the properties listed on the Dot Property Group, showing 311 houses listed for sale.

The most expensive properties available in Forbes have a price tag of P3.5-B, while the cheapest costs P400-M.

According to the Makati City LGU, 514 households were built along the subdivision, which means that more than half of the properties in Forbes were put on sale.

Netizens couldn’t stop thinking about the reason why most homeowners of Forbes decided to sell their property.

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Some even theorized that the rich knew something that normal people didn’t know.

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However, some netizens believed that owning a mansion is not really a wise investment nowadays.

“Because mansions (or even just big houses) may no longer be the way affluent Filipinos live in cities any longer. They (excluding me, haha) may now want smaller spaces that are easier to manage, with fewer staff, and in more convenient “central” locations where services can be outsourced,” netizen Eric Florentino said.

“It’s probably not even about the money, but of the “nakaka sakal” feeling of being tied to a household payroll. Eh when you’re in a luxury condo, you just walk out into BGC, Rockwell, or Greenbelt. And even if you leave for a cruise or a vacation, you just lock and go. And take Grab/ Avis/ limo service to the airport,” he added.
“seems third generation cant sustain the maintenance , real estate taxes and fees no more…practical and logical to cash out on an already over ripe/ mature market,” netizen Richard Cruz remarked.
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