| 20.12.2010 - Philippines: No property bubble for us |
| From Philstar.com: The condos in the Fort are serving a different class of buyers compared to the condos being built in Ortigas or in the periphery in Makati or Taft Avenue. They serve different purposes with different demand and pricing dynamics. The property professional also thinks our banking system is still a lot more conservative than the American financial system so that property financing here is pretty much down to earth..............................................Full Article: Source |