WHY YOU SHOULD INVEST IN PHILIPPINE REAL ESTATE
- Property developments are designed using international concepts and standards.
- Strategically-located developments near Central Business Districts (CBDs) in urban cities, schools, malls, churches and hospitals.
- Due to the effects of the 1997 Asian economic downturn, prices are very affordable and the payment options and/or financing terms more flexible.
- Philippine property appreciates at an average of 10% per year, which is higher than 3 to 6% US properties get. This translates to a higher Return On Investment (ROI)
- The slump in real estate in the last 7 years has resulted to a dramatic reduction in the supply of new real estate projects. However, demand for housing units has continued to rise because of the growing population of the Philippines. Thus, real estate projects that will come on stream in the next few years are guaranteed a steady stream of interested buyers and tenants.
- Housing is always a rewarding investment as it gives one a sense of pride and ownership
- After a 7-year downturn, the Asian market that includes the Philippines is expected to recover and outperform other markets.
- Consumer incomes are rising, unemployment is falling and interest rates are modest.
- Prices in Metro Manila are inexpensive compared to other major cities around the world.
- Property is a good hedge against inflation
- Rental income from property is a stable source of income, and while it may fluctuate, is highly unlikely to vanish altogether, unlike stocks.
- Real estate always has a residual value. Although prices can certainly fall as well as rise, property values will never fall to zero unlike shares or hedge funds.
- Property is a kind of hybrid asset with the capital appreciation of a stocks but the income producing capacity of a bond.
- Real estate in prime locations is always an excellent collateral security against loans, and allows financing to be secured anytime.
- Units in projects are being sold pre-development generally appreciate in value when the project is finished.
- Units in projects that are near malls and other high traffic areas easy to rent out
- Buying real estate on installment basis is like buying a pre-need plan. Paying for it in installment for a future need.
- The demand for housing of all types is greater than supply. The backlog for housing is about 4 million units.