Philippines Property Market Report
Posted by Rebecca Sale on 8 th in DSR, Investment Property, Philippines property news on 8th of November 2010The Philippines property market is currently one of the hottest in the world. Affected worst by the Asia economic crisis, since Asia began to grow again the Philippines is fast becoming the commercial hub of south East Asia. Its low starting point has also made Philippines property a hot favourite with investors.
The massive growth potential of Philippines property is fuelled by the level of new businesses and foreign investment the Philippines, especially Manila is attracting. Philippines property is expected to grow in value by no less than 24% for the next five years and possibly even more in the next 2-3 years.
Investment Property in the Philippines
Philippines property considered worthy for investment purposes, is currently mainly in Manila. Philippines investment property with the most potential is off-plan apartment complexes, high rise towers in Manila’s financial and business centres.
Philippines property like that is attracting rental yields of 10% already, and that figure is expected to climb in the coming years. Because of its massive growth potential, Philippines property was number one for short-term investment in the DSR’s research department’s top ten.
Our Philippines Property
Our Philippines property is a three tower development of apartments in Manila’s main financial district, Makati. As Philippines property goes, the Atrium towers have found the perfect balance between luxury and affordability. Their low price makes them a favourite with investors hoping to capitalise on the huge growth potential of Philippines property.
