Filipinos with millions of pesos to burn are spending it on golf shares and vacation houses outside of Metro Manila amid the coronavirus pandemic, latest figures from Leechiu Property Consultants showed.
While some might find the spending"scandalous," Leechiu said those with the money who have had golf shares for decades definitely found value in it.to play golf at Manila Golf are monthly dues and playing rights . For those who have just become members, the entrance fee is P500,000. The most expensive among the properties in the area are those at Peninsula de Punta Fuego, which range from P20,000 to P100,000 per square meter.
Due to the demand for luxury homes outside Metro Manila, several companies have launched gated residential developments.
Source: Real Estate Daily Report (realestatedailyreport.net)
Golf is for the rich,to begin with.
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