What is the outlook for demand in the residential real estate sector in the coming years?
A significant driver of growth and an indicator of economic health, construction has long been a key engine of the Philippine economy. Historically led by the private sector, the administration of President Benigno Aquino III has pledged major investment in infrastructure to unleash the potential in tourism, agriculture and industry, address housing...
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...
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