Typhoon Ketsana's devastation is the worst in the last 40 years in Metro Manila. My partner and I almost bought a 2 br condo unit in Pasig, Riverfront Residences. We're lucky we didn't.
Pasig was one of the most badly hit areas where flood waters reached up to 4ft in 6 hours on September 25, 2009. Antipolo, Cainta and Marikina are the other cities that were drastically damaged and submerged. If you were to buy property in the Philippines, do not buy in these areas. On top of sewage and drainage problems, these places are near rivers and dams. They are overly populated as well. It's quite disheartening that many new real estate developments were concentrated in these areas and many people bought new houses just recently.
The current death toll in Metro Manila is 246. Many people died in their own homes as they weren't able to escape in time. Nobody expected the surge of water. Local officials had to let water out of the dams, fearing they would burst. One person died inside his car as the waters buried the streets. Many countries have provided overwhelming donations to aid the Philippine government in their relief operations:
Australia - AUD $1 Million
USA - USD $10,000
Japan - USD $220,000 worth of goods
Vietnam - USD $208,000 worth of rice
Korea - USD $330,000
For more information about the flooding in Manila, click here.
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Wednesday, September 30, 2009
Antipolo, Pasig, Cainta, Marikina
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Labels: Where not to buy
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2 comments:
This is a very irresponsible comment. Sure there were residential areas isolated by the flood -- but not true for the entire cities of Pasig, Cainta and Marikina. The other factor you should consider is that the past typhoon was unusually strong, perhaps the strongest Manila had experienced in the last century! Naturally flood water will take longer to subside in low lying areas.
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