Saturday, November 29, 2014

The Philippines’ Property Market Is On The Rise


Wazzup Pilipinas!

The Philippine economy continues to grow, and its property market continues to rise. The Philippine real estate industry is benefiting from low interest rates and booming demand. Rising OFW remittances and a successful BPO industry continue to help maintain demand and with their current growth are expected to be drivers of consumer appetite. With more investments coming in through the ASEAN integration in the coming year, more foreigners are also relocating to the country and is also a growing source of demand for commercial and residential properties.

Rising investment, plus low interest rates have increased condominium prices by 36.4% (18.9% inflation-adjusted) between Q3 2010 to Q1 2014. Property prices have risen as much as 113.3% (34.1% in real terms) from 2004 to 2014. Philippine property experienced the fifth highest price rise in the world during the year to Q1 2014, according to the Global Property Guide’s Q1 2014 report.

Mediacom Solutions, Inc. a leading media marketing, business community building company and a professional exhibition and convention organizer saw the need to put together all in one roof property professionals and consumers to the Property Expo Philippines 2014 (PEP) - “Your Property World”, Philippines’ specialized property consumer trade show featuring residential and commercial property developments in the country from Luzon, Visayas and Mindanao, as well as innovative and reliable real estate product and service providers, to be held on December 05-07, 2014, at SMX Convention Center, Mall of Asia Complex, Pasay City, Metro Manila.

It shall provide a venue to “explore, learn & invest”. It is a significant business platform for the property industry - from development, financing, implementation and marketing to the operation and utilization of properties all over the country which will be attended by numerous top executives, quality decision-makers and property investors.

Property Expo Philippines caters to both property business professionals and consumers. This specialized trade show will enable them to get a closer look into the property market in the Philippines and its related products and services. The show is packed with knowledge seminars, industry talks and product presentations to engage visitors and to provide them with industry market intelligence, allowing them a chance to network and do market analysis in a comfortable and professional set up.

Together with Lamudi Philippines, the fastest growing real estate platform in the Philippines and official event partner, the event will feature over 100 exhibitors, 20,000 expected visitors, 30 credible resource speakers in the expo and the conference and 100 journalists and media representatives to cover the event.

Get ready to connect, learn and invest by registering at www.philsme.com or call +63.509.4792. Stay connected to the Property Expo Philippines community via Facebook: www.facebook.com/PropertyExpoPH and twitter: www.twitter.com/PropertyExpoPH.

8 comments:

  1. It good to read an article that will make every Filipino feel proud of the country where they belong. And makes me feel proud, too. I can say that this article is really great! However, I wish that our struggling economy continues to reach the peak of prosperity for the common good of every Filipino.

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  2. Thsi article somewhat raises my pride as a filipino . Throught the years and according to history, our economy has plummeted and yet rose again. Proves that there is always equality and we will never be left behind.
    -Ma. Ana Francesca P. Ison IV-Marx PCSHS

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  3. It's a great news for every Filipino because we all contribute to our economy. To see the positive outcome of our economy, it makes me so proud to be a Filipino. This proves that even though we are in the third world country, still we can rise and be successful.

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  4. This is a good news for all Filipino citizens around the world. To know that we are now rising is a very pleasant news to everybody. It awakens my Filipino blood. I believe that we Filipinos can rise to the top. thank you :)

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  5. It will be a great achievement for us Filipinos if we will be known to be one of the countries with a successful economy. It's great to hear that a lot of Filipinos are slowly taking their part in creating new beginning for the Philippine Economy :)

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  6. This article will make Filipino readers to wake up from their long dreams that Philippines is a third world country and one of the countries that are not in line with other big countries. This is a wake up call for Filipinos that are not taking their part in our economy. Nice article :)

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  7. Thanks for the information regarding this real estate event! I am also a newbie realtor and prefer attending such events to know more about this business. I will also be attending the upcoming Chicago corporate events that are going to organize for newbie real estate agents.

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