"Innovate or DIE"
Here is an idea from Tropicalpenpals, (I think he is an expat who tried to exploit Phil oppotunities, and he has a lot of ideas): converting containers into shelter. You may wish to engage in this enterprise. Here is the link:
http://tropicalpenpals.com/blog/uncategorized/shipping-container-bed-spacer-in-manila/
http://tropicalpenpals.com/blog/wp-content/uploads/2011/10/225336_110143402406180_100002315624289_106935_5578551_n1_thumb.jpg
When I talk about these things I will often here about how its too hot in the Philippines for a shipping container building and how unviable it is. Yet here we find not only a bed spacer development but also reading through its rooms there are only 3 available the rest are full. Then again P1,500 a month rent is pretty good especially if your not too fussy on space as these are designed for workers not those needing too many creature comforts.
Although as you can see from the photos there may not be space for a lot of luxuries but the bed spacer does supply everything workers need including hot food.
The second set of photos are from the same place but a different building. As you can see they have traded the bunk bed dorms for more private cubicle styled beds. Not for everyone but if your on a tight budget with a limited salary I know more than a few Filipinos that would happily live in these compared to their current rentals. From a business point of view though is it viable? Counting all the beds up your looking at 98 just for the upper level and as you can see in the yellow one being constructed its beds lower side as well so roughly 200 beds at P1,500 per month giving an income of P300,000 per month even if you took out all the expenses because obviously the snack bar and other things on site increase the revenue I would easily expect to make P250,000 a month from this venture in the right location and obviously someone else seen the same vision.
"New ideas create more and better new products and services; create more wealth."
Here is an idea from Tropicalpenpals, (I think he is an expat who tried to exploit Phil oppotunities, and he has a lot of ideas): converting containers into shelter. You may wish to engage in this enterprise. Here is the link:
http://tropicalpenpals.com/blog/uncategorized/shipping-container-bed-spacer-in-manila/
http://tropicalpenpals.com/blog/wp-content/uploads/2011/10/225336_110143402406180_100002315624289_106935_5578551_n1_thumb.jpg
Shipping Container Bed Spacer In Manila
When I talk about these things I will often here about how its too hot in the Philippines for a shipping container building and how unviable it is. Yet here we find not only a bed spacer development but also reading through its rooms there are only 3 available the rest are full. Then again P1,500 a month rent is pretty good especially if your not too fussy on space as these are designed for workers not those needing too many creature comforts.
Although as you can see from the photos there may not be space for a lot of luxuries but the bed spacer does supply everything workers need including hot food.
The second set of photos are from the same place but a different building. As you can see they have traded the bunk bed dorms for more private cubicle styled beds. Not for everyone but if your on a tight budget with a limited salary I know more than a few Filipinos that would happily live in these compared to their current rentals. From a business point of view though is it viable? Counting all the beds up your looking at 98 just for the upper level and as you can see in the yellow one being constructed its beds lower side as well so roughly 200 beds at P1,500 per month giving an income of P300,000 per month even if you took out all the expenses because obviously the snack bar and other things on site increase the revenue I would easily expect to make P250,000 a month from this venture in the right location and obviously someone else seen the same vision.
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"New ideas create more and better new products and services; create more wealth."
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