Saturday, December 10, 2011

Real Estate in the Philippines Very Healthy for 2011

Despite the lower-than-expected economic growth for the Philippine economy in 2011, some sectors posted promising growth this year, particularly the property sector. Last Saturday, property analyst Enrique M. Soriano said this year saw the “aggressive construction frenzy in the mid-income condo segment representing 80 percent of all residential developments in 2011.”

Vertical communities on the rise. Young urban dwellers as well as start-up families now tend to look more at the option of living in middle-income vertical communities (such as condominiums) in Metro Manila that are in close proximity to the business districts.

New hotels for tourists. If you build it, they will book. Increased confidence in the business of tourism has encouraged new hotel developments in key tourist destinations such as Boracay, Cebu, Davao, Cagayan de Oro, Palawan, Clark and Subic. Their efforts are now being rewarded as foreign and domestic tourist arrivals are increasing.

The new destination for medical tourism. Foreign investments in the country’s medical facilities bode well for the emergence of the Philippines as a major medical tourism destination. Upgrading and expansion of tertiary hospitals provide options and alternatives to medical tourists as well as retirees—be they balikbayans or foreigners.

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AmiSa

Tower A - Ready for Occupancy
Tower B - Finishing Works On the Way 
Tower C - Preselling 
BEACH RESORT CONDO at PUNTA ENGANO, MACTAN


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Azalea Place 

CEBU CITY CONDO ALONG GORORDO AVENUE 


Quality Projects of Robinsons Land Corporation, Cebu

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SOURCE: PHIL DAILY INQUIRER 


Best Regards, 

Raymund B. Baroy
Account Manager
Robinsons Land Corp. - Cebu Sales Force
Call/SMS:
Local: 09065549505 / 09229452718
International :  +639065549505 / +639229452718      
Azalea Place: Azalea Place