Summary

Unit 1114 in Manansala Building, Rockwell (Makati) was purchased by Mem, Toto and Api in April 2018 for a sum of PHP8,500,000 (or Php146,551.72 per square meter) in total and sold in June of 2018 for PHP11,700,000 (or PHP201,724.14 per square meter.) This netted roughly Php2.1m in 3 months or a return on capital of 25%.

Mom advanced Php7,573,603 (approximately PHP2.5m for each) for the purchase and sale of the unit. We then spent about PHP120,000 in order to renovate and improve the unit before the eventual sale.