| 25.05.2011 - Philippines property market looks phenomenal |
| All signs are pointing to a surging property market in the Philippines. The economy is growing at 7 per cent, its highest rate in 30 years, and remittances from more than 10 million overseas Filipinos is expected to increase 7 per cent this year. While the price of luxury homes has only grown 3 per cent to date this year, the rents in these sites are already up more than 8 per cent, according to data from real estate firm CBRE..............................................Full Article: Source |