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Philippines property market remains resilient

Posted on 29 November 2012

The Philippines and Indonesia, emerging Southeast Asian economies, are showing resilience in the midst of weakening European economies. This is according to the most recent property report of Jones Lang La Salle (JLL).
With its 6.1% GDP growth rate for 1st quarter 2012, the Philippines — now with one of the fastest growing GDP rates in Asia — is also among the few in the region which has shown the most resilience. JLL’s 3rd quarter 2012 Asia Pacific Property Digest pointed out the resilience is evident despite falling demand in the West and China………………………………………..Full Article: Source


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