Archive for the ‘ Residential Property ’ Category

Real Estate Growth to increase through Tourism

In the recent 20th National Convention of CREBA or Chamber of Real Estate and Builders Association, leaders have pointed the significance of Real Estate and Tourism in Philippines’ economic growth. 

The Philippines Vice-President and the Chairman of the Housing and Urban Development Coordinating Council Jejomar Binay, one of the first speakers in the convention, told that tourism is helping the real estate industry since late 2004. The demand for residential condominiums and resort-style houses, resorts, wellness centers, and retirement villages has increased.

Condos in Makati

The Philippine real estate industry has been continually progressing over the years.  Due to the strong economy of the Philippines and pro-investor polices and regulations by the government, there have been great opportunities for investors and developers to construct world-class properties in the country. Office buildings and residential condominiums in the Philippines were also affected by this development.One city that exemplifies these developments are the office buildings and residential condominiums in Makati City.

Being called as the country’s center of commerce, the city has become a location of commercial centers and is considered as the largest Central Business District in the metro. Skyscrapers, 5-star hotels, office buildings and residential condos are just some of the establishments that can be found in Makati .

Commerce Flows into Subic, Philippines

Subic Bay, Philippines is bordered on the east by Zambales mountains and the South China Sea on the west. A former US Naval base, Subic is now a freeport zone and a gateway for the transportation of goods. And, while it’s topography is more of a jungle paradise, technology, infrastructure, and industry have changed the landscape and the standard of living in the community. Real estate and BPO companies doing business in the Philippines are rising fast in the area and investors are now looking at Subic as a top BPO destination in the country.

Real Estate Flourishes in Manila Bay

Historic Manila Bay, considered one of the best natural harbors in Southeast Asia, is currently experiencing a real estate boom. The bay serves as the primary port of Manila and is famous for its picturesque sunsets. Entry to Manila Bay is flanked by several islands, the largest among them being Corregidor, which is 3 kilometers from Bataan and, along with the island of Caballo, separates the mouth of the bay into the North and South Channels.

Real Estate Flourishes in Cebu, Stirs Investor Interest

Cebu is the oldest city in the Philippines and one of the foremost domestic shipping ports in the country. Rife with historical significance, the city is now home to the largest commercial center outside Manila and one of the fastest growing real-estate markets in the country. Hailed as the “Queen of the South”, Cebu is a developed metropolis with the idyllic charms of an exotic island destination. The city boasts a number of central business districts, IT Parks and special economic zones that have made it an ideal investment destination for foreign and local companies doing business in the Philippines.