KOMPAS.com – Projected growth of investment in 2017 was considered quite good in Manila. Philippines capital is even being in 3rd position after Bangalore and Mumbai, India. This ranking once beat Jakarta in 7th position.
Philippines invites the positive comments of the interviewees in the survey conducted by the Urban Land Institute with input from PricewaterhouseCoopers (PwC) LLP.
Comments on this positive assembled in a few times editions of the survey, with economic growth driven by market boom business process outsourcing or BPO and remittances strong from overseas workers.
“Today, the fundamentals appear strong as before. Demand remains tough, with many buildings were booked prior to completion, “wrote the survey.
the vacuum unit is also low, while capital values of office and rents continue to show good growth.
Meanwhile, in terms of industry logistics, which traditionally has been slow in the Philippines, also seen the acceleration request by an increase in consumer sales.
at the same time, the transition to a new government, with policy shifts, have raised fears among investors.
Despite these concerns may be more coming from investors in the Philippines rather than the fund manager of foreign property.
such concerns include consideration of the targets of the government in providing space to put capital into the traditional market.
Ranked Manila rose as much as 5 level after this year and 2015 projections were in position 8.
in 2017, Manila occupy the best position since 2007, which typically ranks 18-20.
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