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Philippines property market enjoying a boom

Posted on 02 June 2011

The property market in the Philippines is currently enjoying a boom, with prices on luxury properties up 3%, and luxury property rental rates up by 8% according to CB Richard Ellis.
The economy is flourishing and is currently growing at 7% year which is the highest rate for 30 years, and the remittances from Filipinos living abroad are expected to increase by a hefty per 7% this year……………………………………….Full Article: Source


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