| From Bworldonline.com: Property prices in areas in Metro Manila that were hardest hit by floods triggered by Tropical Storm Ondoy are likely to fall, as developers and buyers reassess whether those locations are fit for their projects and their homes, respectively.
While analysts could not immediately say how much real estate prices in those areas — portions of Marikina City and Pasig City as well as several municipalities in Rizal province — would suffer, they were unanimous in saying that both buyers and developers would think twice before investing in those locations.....................Full Article: Source
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