Taken from a money-opinion website
"Oddly enough, it's a good investment. We bought a plot in Manila Memorial for about P200K, and checked a year later, and it costs P330K.
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"I've heard of a developer who makes nothing but cemeteries and memorial parks(small ones). He's a multimillionaire now."
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"I bought several lots at Ever Memorial years ago. Before knowing it, it has doubled its value na. I have sold most of it this year. "
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"Exactly what happened a decade ago, when a relative died, hassle masyado. Since then, members of our family bought memorial plans, memorial lots, and crypts, for "personal" use.
It really pays to be prepared. Kasi lahat tayo doon din ang punta eh."
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"If you believe that PRICE is a function of Supply & Demand and if you accept that SPACE is running out in the City, then don't be surprised that Columbaries/Ossuaries/Cemeteries do increase in Market Value. "
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"...kasi yung iba talaga, nag sasamantala, if you are "in need.
Try this, go to any funeral parlor, then act a bit agitated and confused, as if somebody died already, and ask for how much their services are.
Then come back a week later, relaxed and all focused. Try to ask for the price of the same service you did ask last week.
You'll be surprised, I assure you.
The same goes for memorial lots, for the same cash price, you'll get a discount if you tell them you are just buying for future use, as against the same lot, if you tell them you'll be needing them now!"
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"before its too late.. this is true in all memorial business whether buying lots or plans.. i have a case where costumer called me up monday asking for the cheapest lot.. but i never knew they already have a 'dead' in waiting.. came few days, maybe they're still scouting for a cheaper one.. but the interment is coming on a weekend..
two days before the interment, the lot i was referring was gone.. so they payed 3k more than what they want and no more choice of lots.. so they settled for the one available since the interment will be soon. they have no choice..
so the best thing to do is to buy now, before its too late.. because you wont be able to think fast if you're already crying.. "
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"I have invested in memorial lot about 3 years ago at a discounted cash price. Value now is more than 50% based on prevailing market rates. so a return of about 15% per annum.
suggestion when you decide to buy for investment,
1. choice lots
2. well planned memorial park.
3. good name and brand
4. long track record
the last one is important because you have an idea of the price of lot 10, 15 or 20 years ago and then you can compare the price to the present value. If there is an increase of more than 10% per year for the past 10 years, then buy it for investment. "
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"just an opinion... whether it is a bone crypt, memorial lot or a columbarium, this investment of the living for the 'future' dead is a wise decision he/she makes because it will later be used by someone that person loves... if your objective is to buy now and realize a profit later, then it is also a good move to do because you can definitely make something out of it, provided of course there will be a ready buyer later on... one scenario that this investment could be sold is when somebody is 'in dire' need of it -- this is what they call 'at need' basis... you can readily sell it because the one paying for somebody is looking for something of good location, accessible or readily available, then it is easy to 'market' it."
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