British bank Standard Chartered expects the Philippines to outperform most other nations in Asia and enjoy another year of strong economic growth. In a macroeconomic report released on Wednesday, Standard Chartered said that the country’s gross domestic product could grow by 5.8 percent this year, and 6.1 percent the next. The bank noted that the Philippines’ economic growth in the coming years would exceed the country’s 10-year average performance of 5.2 percent posted from 2003 to 2012. “The Philippines stands out within the region for its bullish on-the-ground sentiment, whereas we are cautious on momentum in Thailand as the post-flood stimulus wears off. In Korea, we expect a large supplementary budget to stimulate growth as the housing market continues to weaken,” the report said. Manila, Philippines -- The Housing and Urban Development Coordinating Council (HUDCC) will lead a study on the establishment of new urban settlement areas to encourage economic opportunities outside Metro Manila, according to Vice President Jejomar C. Binay.
Binay said many Filipinos believe the best opportunities for livelihood are in Metro Manila. This misconception made Metro Manila reach its carrying capacity in a short period, he said. Nay Pwi Taw, Myanmar - "This is the perfect time to invest in the Philippines."
This was the resounding pitch made by President Benigno S. Aquino III to attract foreign businessmen to ride on the resurgence of the "brightest spark" in Southeast Asia and invest in the Philippines during his visit to Myanmar. According to a recent financial survey, within the next two years about 45% of Filipinos today want to own a parcel of land while another 37% want to own a house or condo unit. That tells us how much of a priority it is for us Filipinos to own property, someplace we can call home. Certainly, owning a home gives one a sense of security, pride, and identity, but they do more than that—a home also helps increase your wealth by gaining in value over the years.
PRE Selling VS Ready for Occupancy (RFO), which to choose!
Are you having troubled between pre-selling and ready for occupancy (RFO), Don’t know which is best choice for you? We’ll this blog will give you understanding between the words you encounter upon buying a real estate property. Americans who dream of a retirement filled with sandy beaches, temperate weather and colorful local life may have another thing coming.
That's because a new report from the National Institute on Retirement Security finds that 45 percent of working-age households have no retirement savings at all. The average figure for funds set aside by households nearing the end of their working lives was a meager $12,000. That's not enough to cover a single year.
A lot of people are now buying condominium units left and right but don’t live in them. In most cases, these units are leased to students, young professionals, and young families.
But with the number of projects being developed throughout Metro Manila today, how would a condominium investor know which one to buy and which one to ditch? During the launch of their condominium project, Marquee Residences in Angeles City, Entrepreneur.com.ph asked Alveo chief operating officer Robert Lao on what factors should a real property investor look for in a condominium project. Here are his answers: |
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