commercial real estate prices in southern california General Information

Thus, character traits are equally as important as one’s academic background. Unfortunately not many an occasion the depressions last for short periods. But the lure of getting more out of the market is not correct. Sprucing up the home with some investment may yield you a higher price. Moreover it will give you a comparative price of the neighborhood. Theirs was the investment. Statistics too reveal that housing is a risk free investment. Investment in ghettoes and burglary ridden areas can hardly allow for correction too, for small investors.5. It is not proper to shun agents and brokers as you may miss the market price in calculating the value of your home.2. Any real estate broker would vouch for this fact. Misfired wrong judgments. The services of the agent would help in the analysis of market and listing the property.. Holding even at the time of steep fall of the prices hoping for a come back would be a folly.6.1. The burden of interest you have to pay if you invested borrowed money might eat into your capital too, if the slump prolongs. You not only get entangled in legal issues but face the threat of loosing the capital either entirely or partly. Failure to research thoroughly before investing is another problem. The agent can buy or sell the property only if the people are comfortable with him in buying or selling it. But is the market quite so? Can anyone make quick money by investing in real estate? Unfortunately, it is not quite so, although we rarely,

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City of Manila
Lungsod ng Maynila
The Manila Bay skylineThe Manila Bay skyline
Flag of City of Manila
Flag
Official seal of City of Manila
Seal
Nickname: "Perla del Oriente (Pearl of the Orient)", "The City of Our Affections", "City by the Bay", "La Insigne y Siemple Leal Ciudad (Distinguished and Ever Loyal City)"
Motto: Linisin, Ikarangal ang Maynila
Map of Metro Manila showing the location of Manila Coordinates: 14°35' N 121° EMap of Metro Manila showing the location of Manila Coordinates: 14°35' N 121° E
CountryPhilippines
RegionNational Capital Region
Districts1st to 6th districts of Manila
Barangays897
Incorporated (city)June 10, 1574
Government
 - MayorAlfredo Lim (2007-2010; GO)
 - Vice MayorIsko Moreno (AM/PDP-Laban/GO)
Area
 - Total38.55 km² (14.9 sq mi)
Elevation16.0 m (52 ft)
Population (2007)
 - Total1,660,714
 - Density43,079/km² (111,574.1/sq mi)
Time zonePST (UTC+8)
Zip code0900 to 1096
Area code(s)2
Website: www.manila.gov.ph

The City of Manila (Filipino: Lungsod ng Maynila or Siyudad ng Maynila), or simply Manila, is the capital of the Philippines and one of the cities that make up the greater metropolitan area of Metro Manila. Manila is the center of government in the country and one of the central hubs of a thriving metropolitan area home to over 14 million people. It is located on the shores of Manila Bay just west of the geographical center of Metro Manila, also known as the National Capital Region (NCR), which lies on an isthmus between Manila Bay and Laguna de Bay in southern Luzon. The city is one of 17 cities and municipalities which form the metropolitan area.

Manila is the second most populous city proper in the Philippines, with more than 1.6 million inhabitants. Only nearby Quezon City, the country's former capital, is more populous. The metropolitan area is the second most populous in Southeast Asia. Manila is currently included in the roster of global cities of the world.

Well into the 13th century, the city consisted of a fortified settlement and trading quarter at the bay of the Pasig River, on top of previous older towns. The official name of the city under its Malay aristocracy was Seludong/Selurung, which was the same name given for the general region of southwestern Luzon at that time, suggesting that it was the capital of this territory (see Ancient Tondo). However, the city became well-known by the local name given to the city by its Tagalog inhabitants: Maynilad. The name is from the phrase may nilad, Tagalog for "there is nilad," in reference to the flowering mangrove plant that grew on the marshy shores of the bay, used to produce soap for regional trade. It is from the name Maynilad that the city of Manila derives its modern name.

Manila became the seat of the colonial government of Spain when it controlled the Philippine Islands for over three centuries from 1565 to 1898. Beginning in 1898, the United States occupied and controlled the city and the Philippine archipelago until 1946. During World War II, much of the city was destroyed. The Metropolitan Manila region was enacted as an independent entity in 1975.

Manila has been classified as a "Gamma" global city by the Globalization and World Cities Study Group and Network.



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