10 Surefire Signs You’re Ready To Buy A Condo

Wazzup Pilipinas!

Dreaming about owning a condo someday is one thing, but have your musings become a bit more specific (which city you want to live in, what kind of unit you want to get, what color theme to use in the living room, etc.) than before? And do you find yourself constantly calculating your expenses and thinking, “I can actually save up for a property now”? Real estate website MyProperty.ph has formulated these 10 questions you should ask yourself to be certain that now’s the time to upgrade from renting to owning a condo.


1. Do you have a stable source of income?

Buying a property through a home loan means taking on the responsibility of making monthly amortizations. This means you need to have a job that not just earns you enough to make regular payments on time, but also one you’re confident you’ll keep for a long time. If you’re in a career or industry that’s known to be unstable, or if you just started working for a new company, there’s a pretty high risk you might lose your source of income and miss monthly loan payments.


2. Have you saved up for a down payment…
The down payment for a property doesn’t come easy for everyone. In most cases, it’s 20%—an amount that can either be small or large depending on the price of the property and your monthly income. If your income allows you to comfortably set aside a certain amount, then good for you. If not, there’s nothing wrong with waiting a little longer to save; what’s important is that you’re able to put together the amount without it making a sudden huge dent in your current budget.


3. …and still have enough left over?

You don’t want every single centavo going to condo payments. What if someone ends up in the hospital and you have no other resources to tap? You also need to think about the other costs involved in keeping your new home up and running (utilities, maintenance fees, and association dues). Remember that you have to eat, too. You can only truly say you’re financially prepared when you’ve factored in all of these and the payments toward the condo, and you still have some money for a nice emergency fund (worth at least six months).

Globe Enterprise Innovation Forum Primes PH Enterprises for the Future

Wazzup Pilipinas!

On its 6th year, the most-awaited event for the enterprise community featured MIT executive director Hal Gregersen as keynote speaker to talk about disruption through innovation

Globe Telecom, through its corporate information and communications technology (ICT) arm Globe Business, gathered the country’s top business and enterprise leaders for a day of insightful learning, discussion, and sharing of best practices on how innovation can help sustain a corporation’s competitiveness and relevance in the digital age.

As one of the most awaited and exclusive business events of the year, the Enterprise Innovation Forum (EIF) brought together thought leaders and speakers from all over the world to instill the importance of innovation in leading businesses and industries.

The 6th EIF was held at the EDSA Shangri-la Hotel with the theme “Gearing up your business for the future”, focusing on how enterprises can drive competitiveness and relevance in the market by leveraging on new technologies in the age of globalization and digital revolution.

“Businesses today operate in a world that is in an ever-constant change. This change has affected enterprises in such a way that it has disrupted usual thought process and workflow. With the trend of how technologies evolve and become available, these changes in the business environment drive enterprises to transform their business models to remain relevant now and in the future,” shares Globe Senior Advisor for Enterprise and IT Enabled Services Group Mike Frausing.

Holcim Philippines Awarded National Ecolabel For Its Green Products

Wazzup Pilipinas!

Holcim Philippines, Inc. recently received the National Ecolabel Seal of Approval for its WallRight and Excel cement products for passing the National Ecolabelling Programme-Green Choice Philippines (NELP-GCP) innovative CO2 reduction criteria, highlighting these products’ compliance with sustainability and environment conservation. 

Holcim Philippines is involved in the manufacture, sale and distribution of building materials and construction solutions in the country. The company operates four cement plants in La Union, Bulacan, Misamis Oriental and Davao, an aggregates facility in Rizal and several ready-mix concrete plants nationwide. Its cement products, sold in 40 kg.bags, tonner bags and in bulk, are Holcim Excel, Holcim WallRight, Holcim Premium Bulk and Holcim 4X. Holcim Philippines is a member of LafargeHolcim Group, the world leader in the building materials industry with 115,000 employees in 90 countries.

Receiving the seal is Holcim Philippines’ Vice President for Corporate Communications Ritzi Villarico Ronquillo, APR at the 4th Kalikasan GP3 Expo Conference (KGP3) held at the SMX Convention Center, SM Aura, Bonifacio Global City, Taguig. Presenting the award are Albert Magalang, Climate Change Office head; Ann Claire Cabochan, director-in-charge of the Bureau of Philippine Standards of the Department of Trade and Industry; Sec. Nereus Acosta, Philippine Presidential Adviser for the Environment; and June Alvarez, executive director of the Philippine Center for Environmental Protection and Sustainable Development, Inc.