KMC MAG Group releases Real Estate Market Report Philippines for Q3 2011

Philippine real estate firm, KMC MAG Group has released its real estate market report Philippines or the real estate market research Manila for the Q3 of 2011.

The report contains summaries of the trends in commercial and residential real estate, as well as an office market overview in Metro Manila .

According to the report, the trend for the Q3 of 2011 are that rental rates of commercial spaces rose due to the increasing demand and low vacancy rates while the demand for residentials spaces surpassed the supply in the luxury residential market due to investments of the OFW and expat community. Also, the continuous construction of residential real estates has increased the overall vacancy rate in Metro Manila.

KMC Solutions Opens Serviced Offices in Fort Bonifacio

KMC Solutions, a sister company of Makati-based real estate brokerage firm, KMC MAG Group, recently opened a 1,050 square meter business center in Fort Bonifacio, Metro-Manila. This business center was specifically created to cater to the unique needs of Philippine companies looking to avail of seat rentals and serviced offices in major Metro-Manila business districts. KMC’s business center also targets foreign-based multinational companies setting up business operations in Fort Bonifacio, Taguig City. The office complex, located at the 20th floor of the Picadilly Star Building in 4th Avenue corner 27th street, Bonifacio Global City, boasts affordable rental rates and exclusive amenities, including Internet-enabled workstations, VOIP PBX for local and international calls, high-tech security systems, on-site technical support and complimentary beverages, among others.

Seat rentals are an ideal option for start-up BPO companies and call centers in the Philippines. Not only are they cost-efficient and user-friendly, seat rentals also enable companies to reduce capital expenditures, while focusing on the more important aspects of the enterprise. Seat rentals are purchased on a monthly basis and do not require prior contractual agreements. This makes it a convenient option for companies looking to set-up business operations within a short period of time, minus the legal hassle. As the Philippine BPO industry continues to grow and develop, the demand for seat rentals in business districts like Makati, Ortigas,Fort Bonifacio and Manila is increasing at a rapid rate. There are a large number of alternative seat rental options available to BPO companies and call centers in the Philippines, including plug and play solutions, desk and cubicle offices, and many others.

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.