Philippine Condominiums Property Management

Who will take care of the condo investments of FilAms?

This is where Philippine condominiums property management comes in. Because of the growing number of Filipino Americans investing condominiums and other real property in the Philippines, there is also a growing need for qualified property managers.

With this in mind, licensed real estate broker Cynthia Palad Yap put up Fort Bonifacio Consultancy.

As its name implies, the company specializes in Philippine condominiums property management within the Fort Bonifacio Global City area, considered the top market for those who wish to invest in condominiums in the Philippines.

Bonifacio Global CityFort Boni Consultancy answers this need. This relatively new company is not your typical property consultancy firm as it also “house sits” professionally in the absence of the new owners.

When you’re based abroad, Filipino Americans or FilAms and foreigners alike look for that assurance that their investment will be looked after and cared for,” Yap told Philippine News.

Fort Boni Consultancy in effect “manages their property with a remote control,” she said. “That’s specifically the service that I have been offering through the years.

“We set the precedence in this sector of the industry,” she said, “And we boast of comprehensive and integrated information on all property developments in Fort Bonifacio Global City. Our services take the fuss and worries from the investor giving them the freedom to enjoy their home.”

Unlike “paid” property consultants who disappear or transfer to other developers after a few months, Yap offers continuous Philippine condominiums property management services to the client. For example, she gives construction updates of condos she has sold to clients, sending pictures of these as they are erected and completed on a regular basis.

Normally, “broker-buyer relations stop after sales,” she told Philippine News. This is precisely what she seeks to avoid.

Graduating cum laude with a degree in agribusiness management from the University of the Philippines Los Banos, she first worked at the National Economic and Development Authority as economic development analyst. She then earned her master’s degree in business administration at UP Diliman. Then it was real estate all the way.

She was one of the first to see the potential of Fort Boni, but opted to become an independent broker. This, she said, gave her an edge over other agents or brokers. “Unlike some exclusive property consultants of developers who are only familiar with one project, I have the freedom to choose among condo developments and recommend the best property suited for the investor. In a nutshell, I am not limited,” she said.

This is important to buyers who are far from the Philippines, such as FilAms. Cuurently, she is pursuing to market these two great investments, The Sapphire Residences and the Serendra.

Yap’s company offers comprehensive after-purchase property management services which includes property sale or rental, contract preparation or review and property documentation services.

As a final note, I personally experienced some clients telling me that right after buying the property, their consultants disappear, leaving them clueless as to the project’s progress.

Ms. Yap and I have taken it upon ourselves to extend the after-sales service.. and over-all peace of mind of the investor.

'Yan ang Tatak ng Pinoy!

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Source of information: PhilippineNews.com online edition
Beting Laygo Dolor, Sep 27, 2006

Philippine Condominiums - The Sapphire Residences
Philippine Condominiums - The Serendra


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