Underpinned by healthy economic growth, political stability and a growing population, confidence in the Philippine real estate industry is high. Supply is increasing across all sectors: residential, office, retail and hotel. Prices continue to rise fuelled by the growing outsourcing sector, overseas workers using remittances to fund purchases and...
Upon election the administration of President Benigno Aquino III announced it would invite bids worth up to $16.8bn for public-private partnership (PPP) projects over a two-year period, giving a boost to the construction sector. The government sees PPPs as the way to finance infrastructure improvements, providing value for money and efficient...
Though the majority of office stock is currently concentrated across Metro Manila, new growth centres such as Cebu City to the south are becoming increasingly attractive destinations for clients looking for lower rents combined with modern facilities. While the growth in residential properties is being driven by remittances from overseas Filipino...
As Metro Manila becomes saturated, which areas present the most promising growth potential?
Which real estate market segments are likely to receive the most attention in the next 18 months?
Although economic headwinds have thrown international markets off course, the Philippine economy has managed to stay on a relatively even keel. Local authorities note that while GDP growth slowed in 2011 relative to 2010 due to weak external demand and government underspending, household
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