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Blog

Philippine Real Estate Outlook 2015

6/6/2015

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Philippine Real Estate Outlook


"The Philippines will likely sustain its 6-7% growth up to 202. The property sector has been, and will continue to be, the biggest beneficiary from the economy’s bull run."
                                                                                                      – International Monetary Fund (IMF)
Growth Factors
1. Favorable Demographic

Driven by families of Filipinos working abroad and local professionals in senior management positions which have higher spending power. 

2. Strong Consumer Demand

The residential market continues to perform well with the upbeat economy. Demand for luxury, high-end and mid market condominiums remains positive.

3. Steadfast  Growth of BPO Industry

The city maintained its position as the second top investment choice for outsourcing activities. The BPO setting of the Philippines continues advancing, further fueling the robust office segment of the country.
Investment facts in Makati
  • 4.7 Million Daytime Population
  • Php 280,000 - 350,000 per Square Meter Average Land Value
  • 529,039 Potential Market

Highest GDP per Capita - The performance of Makati's economy brings significant growth to the real estate industry.

PHP 8.33B Annual Income - This will utilized in building more infrastructure developments in the city.

High Demand for Office Space - 40% of the country's top multinational corporations hold office in Makati. 
Philippine Real Estate Outlook

"Residential condominiums are still the top investment choice for high net worth individuals locally and rich foreign investors from neighboring Asian countries and the United States."

-CBRE, Q3 Metro Manila Marketview

Makati in Numbers
  • 60,000 commercial and retail establishements
  • 2,000 corporations
  • 472 bank head offices
  • 9 premiere residential communities
  • 7 major IT companies
  • 48 shopping centers
  • 87 embassies and consulates
  • 160 schools
  • 19 international organization
  • 274 business process outsourcing offices
  • 7 five star hotels
  •  50 skyscrapers
  • 14 Hospitals
  • 29 fitness center
  • 10 places of worship
Philippine Real Estate Outlook

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Properties for Sale in Makati
Three Central
Greenbelt Hamilton Tower 2
Salcedo Skysuites
Paseo Heights

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