Real estate

Media

Part of The American Chamber of Commerce Journal

Title
Real estate
Creator
Carman, P. D.
Language
English
Year
1937
Rights
In Copyright - Educational Use Permitted
Fulltext
January, 1937 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 43 REAL ESTATE By P. D. CARMAN Addition Hillt As will be seen from the following totals, 1936 sales exceeded those of any year since 1919. A very marked improve­ ment over 1935 or any very recent year will be also noted. While prices in general are still considerably below those obtained prior to the Depression, there has been noticeable improvement during the past year. An acute housing shortage is very evident particularly in the better type of prop­ erties and construction of new buildings has recently been greatly accelerated. 1935 strong­ material construction valued at 1*2,648,900, January to November inclusive, was practically doubled in the same period of 1936 with a total of 1*5,223,840. It is improbable, however, that new construction will, in the near future, catch up with the demand created by Manila’s growth in population, increasing prosperity and con­ struction greatly retarded during the last seven years. 1937 gives decided promise of continued improvement in real estate activity both as to volume and price. Sales City of Manila November December 1<»3G 193G Sta. Cruz..................... 1* 174,394 1* 130,320 Sampaloc..................... 27,306 21,237 Tondo......................... 407,947 119,302 Binondo....................... 12,500 380,500 San Nicolas................... 2,000 49,000 Ermita.......................... 106,500 567,446 Malate.......................... 452,000 309,676 Paco............................. 100,462 19,000 Sta. Ana....................... 20,414 17,638 Quiapo.......................... 17,500 2,446 San Miguel................... 11,586 118,831 Intramuros................... 12,000 —— Pandacan..................... —— 8,740 Sta. Mesa..................... 14,946 ,^00 P1.359J>55 P£,748,936 (Note:—Direct transfers in payment of debts are included. Such transactions have been steadily diminishing. Centavos in all cases are disregarded, if under P.50 but, if over, are counted as one peso. Totals are thus affected very little. Occasional transactions whose values are registered at one peso reduce totals as they obviously do not represent actual values.) 1932 ........................... 9.857,937 1933 .............................. 11,755,282 1934 .............................. 12,466.897 1935 .............................. 15,403,079 1936 .............................. 18,557,530 Total for 1935 193G Sta. Cruz.................. 1* 3,069,158 P 2,752,261 Sampaloc.................. 1,640,718 2,734,179 Tondo....................... 1,535,826 1,769,232 Binondo................... 921,083 3,906,110 San N icolas.............. 1,966,612 627,488 Ermita...................... 611,800 1,285,873 Malate...................... 1,460,963 1,886,588 Paco.......................... 444,281 732,007 Sta. Ana................... 321,430 477,992 Quiapo...................... 2,813,733 664,532 San Miguel............... 123,089 666,944 Intramuros............... 400,008 426,198 Walter A. Beam, well-known in the Philippines as one of the early organizers of Benguet Conso­ lidated, was visiting in Manila for the stay of the Clipper. Greeted heartily by his many friends, he left, again via the skyway. Arriving to join the technical staff of Union Management, Earl Williamson finds many simi­ larities in Island life to South America, especially Men Downtown That home and garden which you always dreamed of— SAN JUAN HEIGHTS is the best place for it. Pandacan................. Sta. Mesa................. San Felipe Neri....... San Juan del Monte. 39,721 462,664 54,157 162,332 500 630 ----- 2,500 1*15,403,079 P18.557.530 1920 ........................... 1*17,677,811 1921 ........................... 8,227,859 1922 ........................... 10,082,089 1923 ........................... 10,277,448 1924 ........................... 13,038,861 1925 ........................... 15,404,742 1926 ........................... 12.710,666 1927 ........................... 11,995,124 1928 ........................... 16,884,814 1929 ........................... 18,110,918 1930 ........................... 16,922,288 1931 ........................... 18,523,382 San Juan Heights Co., Inc. P. O. Box 961 — 680 Ave. Rizal — Tel. 21501 Manila IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL