A sequel, Feng Shui 2, was released on December 25, 2014, as the official entry to the 2014 Metro Manila Film Festival.

[2] In 2022, Feng Shui was digitally restored and remastered for viewing on Netflix in Southeast Asia beginning October 14.

Upon showing the mirror at Aling Biring's bakery, the latter tells her to keep the bagua and display to bring good luck to her household as per feng shui tradition.

During their conversation, Joy hears about her regular tricycle driver Mang Nestor being stabbed to death at a cockfight brawl, having been born in the year of the Rooster.

He reveals that the bagua was once owned by a wealthy Chinese family in Shanghai during the Qing Dynasty and Republican era.

The next morning, Hsui Liao calls Joy and tells her that to end the curse, she must reject offers of good luck and then destroy the mirror.

Joy is relieved at ending the curse before realizing that they were all killed in the road accident earlier when she sees her dead husband reuniting with their children as she screams in horror.

Film critic Ryan Oquiza highlighted the film's emphasis on the struggle for affluence, expounding on "how it unnerves the middle class from their life of luxury, showing cracks in the seams of gated communities and interrogating their faith in fate" while the recurring themes of Chinese astrology "mystifies the idea of affluence as an unachievable, lofty, and at times, sinister concept".

He also interpreted the film's message to suggest that to become rich, one must surrender his/her morals and prepare to have others bear the brunt of the person's self-interest.

The film focused on Coco Martin's character who, upon getting the cursed bagua, starts to get all the luck and prosperity he could get in his life, but with deadly consequences.

Kris Aquino reprised her role as Joy Ramirez to save him from the curse, as did Cherry Pie Picache and Joonie Gamboa.