REAL ESTATE OUTLOOK 2013
Philippines will continue to be strong in the real estate sector for three (3) more years. This is due to the fact that construction of the "big four" (4) in the real estate development continue to move forward towards high rise construction. The big four are; Ayala Land, DMCI, Megaworld, and SMDC. Condominium development will be the trend in real estate construction due to lack of land to developed specially in the Mega Manila area. Vertical development maximized the much needed space and bring in a better yield in terms of sales since these would cater to a wide market particularly the foreign sector. The Philippine Constitution prohibits land ownership to foreigner. Buyers or investor tend to capture and seize the moment should be prepared to scout different area in the country since major redevelopment in the key cities of the country like Makati,Manila,Quezon,Cebu,Pampangga,Cavite,Laguna,Batangas and Davao, etc.these area would be made to incorporate a township k...