3 golden growth opportunities for the Philippine real estate sector in 2016

Rick Santos, chairman and CEO of property advisory firm CBRE Philippines, said the new breed of condo dwellers are not confined in Metro Manila. “From Clark up north to Davao City down south, the playing field is becoming more exciting especially for the BPO sector which will sustain the momentum and drive for the coming years.”

2. Low-cost housing segment helps drive the industry
Andy Mañalac, chairman of the National Real Estate Association (NREA), told TheStandard.com.ph that major developers are now dabbling in the low-cost and socialised housing segment.

More projects should be expected in this segment in 2016, according to Mañalac, and some developers might even cut back on high-end and luxury developments.


Read More at http://www.property-report.com/3-golden-growth-opportunities-for-the-philippine-real-estate-sector/

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