The Philippine property sector is well poised to sustain robust performance it has seen in recent years. The country’s GPD grow 6.7% in 2017 – surpassing Malaysia and even Singapore – making it one of the strongest performers among the emerging economies in Asia.
With the implementation of government policies such as the Comprehensive Tax Reform Package (TRAIN Law), the easing of foreign ownership restrictions on retail and construction, and amendments to the existing procurement law and business registration systems, the country expects to sustain strong property market growth for the long-term.
Those factors, along with other key property market drivers were explored in the definitive report from Colliers International entitled 4Q 2017 Property Market Overview. With the release of this report, investors, property owners, and developers alike will be able to identify the latest forecasts in the Philippine real estate market and in doing so analyze how these predictions would impact their investments, offerings, and operations in the long run.
Read on as we detail in this infographic the key takeaways from Colliers International report about the top 10 predictions in the Philippine real estate market in 2018.