Different real estate companies and investors recently got together with top businessmen and diplomats. This gathering, called the Philippine Real Estate Festival, was held at the World Trade Center in Pasay during this past weekend. Industry leaders spoke about different issues, but this event indicates an excitement about the future of the property business.
These issues have not prevented the growth of Makati condominium towers. Several are expected to be completed within the next few months. The central business district currently has several upscale residential towers, with more to be developed in the future. The presence of security and many conveniences in the area make it a prime target for developers.
Recent developments show that Philippine real estate is continually growing. Both residential and commercial properties will give the industry a profitable year. All indications say that it’s a good time to invest in real estate.
