An article from the Philippine Daily Inquirer:

High inflation and rising interest rates did little to dampen the take-up of residential condominium units in Metro Manila, which hit a historical high of 54,000 last year.

In a report on Wednesday, Colliers International Philippines said the strong take-up last year comprised mostly of affordable to mid-income units with prices ranging from P1.7 million to P5.9 million. And such a healthy performance is expected to be carried over this year, despite “slower launches.”

Read more: https://business.inquirer.net/264825/residential-condo-take-up-remains-strong#ixzz67Zh60eUE\ —— - - - - - - - - - - - - - - - - - - - - - -

An accredited real estate salesperson can earn a commission of 2.5% to 3.5% per unit less tax.

If one real estate salesperson can sell on a given week at least one unit costing P 4,000,000.00 per unit, with a 3% commission, he/she will earn at least P120,000.00 less applicable taxes.

Let’s take the 54,000 units sold, with say an average of P4,000,000.00 per unit, that’s a whopping

P 216,000,000,000.00 sales. With a 3% commission, salespersons who sold these units are guaranteed to receive a commission of P6.48B. :)

Are you going to join me now? :)