By: Amy R. Remo – Reporter, Philippine Daily Inquirer, November 26, 2016 The Philippine office property market may see a continued rise in rental rates over the short term despite the growing demand from outsourcing and offshoring companies. This was based on the latest Asia Pacific Property Digest of JLL, a global professional services and…
By Richmond Mercurio (The Philippine Star), November 2, 2016 Property consultancy firm Colliers International in a recent report said office rental rates, internet costs, and electricity prices are more likely to be considered as threats that could hamper growth in IT-BPM and office demand. MANILA, Philippines – President Duterte’s anti-US stance is the least of…
By Federico D. Pascual Jr. (The Philippine Star), Apr. 17, 2016 WE HAVE been receiving email, mostly expressing concern, after the publication last April 12 of our Postscript titled “‘A-class’ con artists dupe condo buyers.” (The column is archived as http://tinyurl.com/z99oo36 at ManilaMail.com.) Among the readers who have reacted was Theo Arnold, who was for…
The (ASEAN economic integration in 2015) would require more commercial and residential infrastructure for highly urbanized cities within the region including key cities of the Philippines, according to property developers.
The Philippines is expected to lead the Association of Southeast Asian Nations (ASEAN) in terms of growth and development in property development on the heels of figures showing the real estate market was able to sustain its momentum in the first quarter of 2015.
MANILA, Philippines – The property market remains strong across all sectors as top developers continue to expand due to the sustained growth of the Philippines as well as the impending Asean economic integration. According to Pinnacle Real Estate Consulting Services Inc., the office space sector is robust due to demand from business process outsourcing (BPOs),…
Investing in office spaces is seen to become an increasingly attractive proposition for many developers, as the country continues to enjoy a steady influx of companies setting up shop in the Philippines.
MANILA – KMC MAG group managing director Michael McCullough is bullish about the Philippine property market this year. “There are a lot of reasons for this optimism, chief among them low interest rates, quantitative easing from the central bank, and positive feedback from investors. These factors have helped create a favorable climate for both local…
Can the Philippines compete with its next-door neighbors in the Asean? Property analysts are one in saying yes, but they also admitted of the presence of some major hurdles on the way. Property analyst Enrique M. Soriano III, Ateneo program director for real estate and senior adviser for Wong+Bernstein Business Advisory, said: “No doubt, the…
Philippine real estate will continue to register healthy growth especially outside Metro Manila (esp. Makati, BGC and Ortigas) in 2015 according to Colliers, although at a more measured, conservative pace. According to experts, this is akin to the market correcting itself after years of impressive growth. See the report here
MANILA – The business process outsourcing (BPO) industry in the Philippines will continue to drive the growth of the country’s real estate market this year, according to a report by the Urban Land Institute (ULI) and PwC.
Artificial rise in standard of living threatens economy MANILA, Philippines–A damaging bubble in the country’s property sector may be forming due to record-low interest rates, according to a British think tank.
The Philippine central bank is set to introduce a residential property-price index in the first half of the year as it intensifies monitoring of asset-bubble risks, Deputy Governor Diwa Guinigundo said.
A robust business process outsourcing (BPO) sector—which is expected to remain strong in 2014—will drive the real estate industry further up this year. The country’s outsourcing industry will still be one of the best in Asia. CBRE Philippines said that as more occupiers relocate to the country, expansionary growth in Metro Manila’s fringes and provinces…
The real estate sector doesn’t seem to show any signs of slowing down this year, according to property analysts. The year 2013, for Enrique M. Soriano III, Ateneo program director for real estate, was relatively stable. “The sector weathered local and regional challenges,” said Soriano, who is also a senior adviser for Wong+Bernstein Business Advisory.
MANILA, Philippines – The Philippine property sector is expected to continue to grow this year as the country is seen as one of the best investment sites in the region and as the business process outsourcing (BPO) sector continues to expand and create demand for office space as well as other real estate developments, consultancy…
MANILA, Philippines — What’s going to keep driving the growth of the Philippine property sector this year? Leading commercial real estate services firm CBRE Philippines is confident the Philippine property sector will continue to remain buoyant in 2014, as it says more foreign investors are finally recognizing the country as a top investment spot in…
HOW will the Philippines’s property sector—which has been experiencing growth as of late—fare once Southeast Asian economies merge as one come 2015 when the region formally establishes an Asean Economic Community (AEC)?
With all the vertical building projects rising in Metro Manila, and even in other major cities in the county, you’d wonder if all of these would be put to good use.
MANILA, Philippines (CORRECTED) – Property developers appear to be refraining from launching new luxury residential projects in the country, according to a recent market report by CBRE Philippines.
PROPERTY MARKET growth in the Philippines has so far been healthy, Moody’s Investors Service said, with no reason to believe a bubble is forming.
MANILA, Philippines – More and more foreigners are buying residential condominiums in Metro Manila, according to real estate service company Jones Lang LaSalle.
The Philippines experiencing an asset bubble might be remote now but it is possible that it eventually would, the Asian Development Bank (ADB) said on Tuesday.
Sept. 10 (Bloomberg) — The Philippines’s move to enhance oversight of real-estate lending this year will help curb speculation and improve its ability to prevent a property bubble from forming, the central bank said.
The growth of the local real estate sector over the past few years was likely the fastest pace the country has ever experienced. “This has raised concerns for both optimists and skeptics as to where this growth is eventually headed,” real estate consultant Pinnacle Real Estate Consulting Services Inc. said in its latest report.
MANILA, Philippines – The Philippines is now experiencing the best real estate market in the last 20 years, real estate and advisory firm CBRE Philippines said yesterday.
THE World Bank is urging the national government to “carefully monitor” the real-estate industry as the country’s real-estate market may be showing signs of oversupply, which could jack up vacancy rates and mute rental growth starting this year until 2014.
The Bangko Sentral has not detected signs of asset price bubbles yet, but is closely watching the housing market, which could become a source of concern.
THE residential condo market in the key districts of Metro Manila is exhibiting sideways demand amid a backdrop of increasing supply and a weakening economy, according to an industry report presented last week by Jones Lang LaSalle Leechiu at a housing finance forum organized by Home Guaranty Corp.
Foreign investors looking to invest in real estate-related businesses have ranked Manila as their last choice among various key cities in the Asia-Pacific.
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
#WearMask #WashHands
#Distancing
#TakePicturesVideos