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Developers still bullish on Philippines property

Posted on 15 November 2012

Philippine property developers remain bullish thanks to robust economic growth and housing and potential hotel demand.
There is stiff competition in the middle residential market, but demand from the high- and low-end segments remain healthy as does that for office space, according to Ayala Land Inc. President Antonino Aquino. “The fundamentals are strong. There could be some short-term adjustments….in the middle market where everybody is,” he said……………………………………….Full Article: Source


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