Philippines Investment Property
The Philippines and the Makati district in Manila in particular are currently seeing an incredible level of economic growth, and expanding foreign investment, fuelled by significant growth tourism and industry sectors. This all combines to make a property investment there, especially one with an uncapped rental guarantee very shrewd indeed. Overseas property investment specialists David Stanley Redfern have saw the Philippines rising potential and are snapping up investment properties to suit their clientele. You can find out all about David Stanley Redfern's Phillippines property here.
The Philippines: Ten Percent Capital Appreciation in just a few days
Nearly all construction materials used in the development of Philippine high-rise buildings are imported. With the strong depreciation of the US Dollar value in the South-East Asia combined with record high oil prices that may see crude hit 150/160 USD per barrel in July and August 2008, construction materials exported from China, Korea, Malaysia and Taiwan, together with their shipping costs, continue to increase in price at a phenomenal rate as exporters of steel reinforcement bars, electrical wirings, aluminium, copper based components and Portland cement in the region are set for upwards of 40/50 percent price increases.
Developers of the Lancaster The Atrium Towers in Manila stated they would increase prices of apartments by 10 percent, effective July 16 2008, but clients who reserve now through David Stanley Redfern can take advantage of current prices and see an immediate return on their investment. Not to mention obtaining 70% interest free non status finance.
This is the perfect opportunity to get into a hot market as Philippines property is expected to grow in value by no less than 24 percent for the next five years and possibly even more in the next 2-3 years.
Philippines GDP has been rising by over 5 percent year-on-year and Manila has fast become a major S.E Asian trading post and is no competing against Bangkok as the commercial gateway to the East.
And despite the high prices of foreign imports such as oil hitting the economy - economic growth is expected to slow between 5.2-6.2 percent this year - property prices in the Philippines are being kept buoyant by a huge housing backlog, low interest rates, friendly payment terms, higher incomes of workers in the growing outsourcing industry, and a rising expatriate population.
The housing backlog of 3.8 million units, in particular, has left 70 percent of the country's estimated 90 million population without their own home. This is the big difference between now, and the property boom before the Asian crisis of 1997-98. The demand for housing is not speculative; it is not investor driven; but rather end-user demand driven; a specific demand that is being addressed.
And despite the rising costs, construction continues to boom across much of the country, especially in Manila, a mostly low-rise city where dozens of residential towers are beginning to dot the skyline; at least 38,000 new apartments will be available by 2013 in the Makati financial district and in nearby Bonifacio Global City alone.
It is in Makati that The Lancaster the Atrium Towers are situated, in the heart of the central business district. Off plan prices per m2 in this district have grown by 40% in the last 24 months and the property promises higher than average yields of around 12 percent.
But by buying through the overseas property specialists, David Stanley Redfern, investors now have the chance to see a return of 10 percent capital appreciation in just a few days.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed at: media@davidstanleyredfern.com
The Philippines: Strong Growth in Testing Times
On Friday, the Philippines Economic Planning Secretary Augusto Santos said he expected annual economic growth to slow between 5.2-6.2 percent in the first quarter as high oil and food prices hit consumption.
Despite this, property prices in the Philippines are being kept buoyant by a huge housing backlog, low interest rates, friendly payment terms, higher incomes of workers in the growing outsourcing industry, and a rising expatriate population.
In particular, the housing backlog of 3.8 million units has left 70 percent of the country's 90 million population (approx) without their own home.
This is the big difference between now, and the property boom before the Asian crisis of 1997-98. The demand for housing is not speculative; it is not investor driven; but rather end-user demand driven -- a specific demand that is being addressed.
Construction is booming across much of the country, especially in Manila, a mostly low-rise city where dozens of residential towers are beginning to dot the skyline. According to David Stanley Redfern research, at least 38,000 new apartments will be available by 2013 in the Makati financial district and in nearby Bonifacio Global City alone.
One such property in Makati is Lancaster the Atrium Towers.
Situated in the heart of the central business district the units are keenly priced and offer substantial capital growth. Off plan prices per m2 in this district have grown by 40% in the last 24 months and the property promises higher than average yields of around 12 percent.
With no let-up in demand, the time to invest is now.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to: media@davidstanleyredfern.com
Philippines Property Boosted by Rising Tourism
Tourist arrivals in the Philippines already topped the 3 million mark in 2007, the highest in years, while tourism spending grew by almost 41 percent last year. Yet 2008 looks likely to be an even better year for the Philippines.
In April alone, arrivals were up 4.3 percent on last years figures, a 126% improvement over the 1.9% increase recorded in April 2007. Add to this the possible introduction of a common visa across South-East Asia -- a move expected to streamline tourism to the region -- and the future looks bright for the Philippines.
There is nowhere better placed to profit from this increase than the capital, Manila. Of the 11 cruise ships that arrived in the country throughout January to April; seven of them disembarked here.
It is in Manila; in the prosperous financial district of Makati where David Stanley Redfern's Lancaster the Atrium Towers can be found. Already the location of choice for serious global investors, Makati benefits from an ever increasing number of business users that flock to the area as multi-national corporations and established Filipino companies take hold.
Off plan prices per m2 in the Makati district grew by 40% in the last 24 months and units in Lancaster the Atrium can come fully furnished, fully managed and ready to rent. With business demand already promising rental yields of up to 12%, an upsurge in tourist arrivals merely presents another reason to invest.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to: media@davidstanleyredfern.com
Philippines Property: Internal Sales Increase as External Fall
Most of the development is happening in Manila, specifically in the Makati financial district, and especially high rise condominiums and apartment hotel complexes.
David Stanley Redfern are ideally placed to comment on sales figures for High Rise apartment complexes in Manila's Makati financial district, and Jason Killingback, operations manager for the overseas property specialist did just that:
"Our Lancaster Atrium three tower high rise apartment complex is selling like hot-cakes. The first tower was sold out before completion, and having pictures of the finished first tower as visual aides in marketing the second tower, have helped to ensure it has sold just as rapidly. The second tower only has a few of the larger units remaining, and we have started taking advance orders for the third tower."
Mr Killingback refers to the Lancaster Atrium, a development of studio, 1, 2 and 3 bedroom apartments in the heart of the Makati financial district. Studio's originally started at £27,500, but prices increased by 17% last month, making the starting price for units in the development around the £33,000 mark. Given the growth in Philippines property, when the third tower comes on to the market it is unlikely you will be able to get a studio apartment for any less than £35,000.
David Stanley Redfern's research department have predicted sustained growth of at least 24% per year in the Philippines, for at least the next 5 years. Anyone who wants a studio apartment now will need to wait for the release of the third tower, but would be advised to get in as early as possible before the inevitable price rise.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed at media@davidstanleyredfern.com
Money to Be Made in Manila
Asia as a whole is predicted by analysts to be the world region most likely to see continued and strong growth throughout the turmoil endured by the global economic infrastructure, but the Philippines is even exceptional for being within Asia.
So, with so much growth potential, David Stanley Redfern's Manila apartments in the twin-tower Lancaster Atrium development are suitably priced to make the most of the Manila boom.
Starting from £28,000 for an unfurnished studio, £33,000 with the least expensive furniture pack installed, that Atrium apartments are "set to double in value in the next 2 to 4 years," according to Head of International Research for the overseas property specialist, he continued:
"Based on other Asian capitals, now established markets like Bangkok, and those that began their growth cycles before Manila, like Phnom Penh, Cambodia, 25% annual capital appreciation is easily achievable for Manila. The downside constantly mentioned for Philippines property investment on forums is the high Capital Gains Tax, but as I told one person on a forum:
Panama city property prices grew by 50%, between early 2006 and early 2008 putting capital appreciation at 25% per year for the past two years, in Cambodia, many people have bought and sold 6 months later for 12% more than they paid, and bought and sold in a year for 24% more than they paid, putting Cambodia capital appreciation at 24-25% year on year. Manila is showing similar economic growth, and attracting similar new businesses and development as both those cities did at the start of their growth cycles. I'll put myself on the line, if I bought now and sold in four years time I would expect to be left with double what I paid, even after paying taxes."
Operations Manager chimed in:
"The Lancaster Atrium towers are selling like hot-cakes, the first tower, which was recently completed, was sold out well in advance of completion, and the second tower has only a few apartments left. The photographs of the finished first-tower apartments have proven a valuable visual aide in marketing the second tower."
Prospective investors who see the potential of Manila investment property are advised to act swiftly to avoid disappointment.
Find out more about Manila investment property at: Philippines investment property
Property investment opportunity in Philippines Manila
Widely revered overseas property investment specialists David Stanley Redfern have added Philippines to their portfolio of worldwide properties and are now offering affordable capital city based apartments in Manilas central business district of Makati from just £26k.The Lancaster Atrium is 1 of 3 skyscrapers hosting these outstanding facility filled, fully fitted and ready to rent apartments amidst an expansive corporate environment that's abundant with established Filipino and multi-national companies, luxury hotels and restaurants and perhaps most notably, the world's first 24 hour floodlit golf course that's greatly appreciated by many a globe trotting investor who can be found unwinding or networking as they go.
In the 2nd quarter of 2007 the Filipino GDP growth rate hit 7.5%, making it Southeast Asia's fastest-growing economy and has attracted comparisons with India's economy in light of its rapidly escalating growth. This 'best of breed' real estate promises higher than average yields (circa 12%) and with off-plan prices in the district having grown by 40% over the past 2 years, its evident financial rewards are undeniable.
Foreign investors can own these apartments on a freehold basis too, though leasing to an in-house management company is optional and offers an expected rental yield of around 8%-12%. This highly rewarding investment opportunity certainly proves itself as one not to be missed and with the availability of interest-free credit allowing buyers to reduce their initial outlay and to spread their payments, theses apartments surely won't be around for too long.
Find out more at property in the Philippines
Philippines Property Investment: Profit Gauranteed.
Makati in Philippines is steadily increasing in corporate appeal and holds great attraction for business executives in the capitals main business district that's abundant with numerous Filipino companies and classy hotels, exclusive restaurants and 24 hour golf courses. Combined with its already established, perfect 'dream destination' profile, serious investors looking on the global property market are succumbing to the Filipino charm. David Stanley Redfern are longstanding and reputable overseas property investment specialists who have turned their ever watchful eye toward Makati, adding the mesmeric skyscraper project, the Lancaster Atrium Towers to their enviable portfolio. And so they're now offering top class Filipino property from as little as £26,000.
So, you can buy an apartment in a centrally located Philippines skyscraper for as little as £26k, surely not, what's the catch? Well, due to its sheer quality, limited availability is an understandable issue, though that's about it, really.
Remember, it's not just the alluring investment environment of Makati that draws investors to Philippines, its perhaps something about the properties expected higher than average 12% yields and exceptional growth (off plan prices per m2 in this district have grown by 40% in the last 24 months) too. Philippines GDP has been rising at over 5% year on year and the Filipino peso appreciated a staggering 20% against the $USD since de-pegging just 12 months previously. Makati is where it's all at.
Your fully furnished, fully managed £26k apartment includes fixtures, fittings, furniture and all dressing items such as tableware, glassware, bedding, cutlery etc, essentially making for immediate rental, though the option of obtaining a rental yield (around 8-12%) by leasing the apartment back to the in-house management company is open to buyers.
Foreign investors can own this second to none property on a freehold basis, amidst the sustained, aggressive and growing Filipino economy. With interest free credit available, buyers can spread their payments and reduce the initial amount of cash they require to get a piece of this action. Contact David Stanley Redfern today to find out all you need to know about this amazing opportunity.
Find out more at Philippines property
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- vic catublas vic catublas Jun 1, 2008 @ 6:00 am
- hi,gud day.i am looking for a possible buyer of a hotel property in puerto princesa city,palawan.the said hotel has 60 rooms,restaurant,function rooms with a capacity of 350 persons,swimming pool and music bar.price:250 million php. or call 011639214632805
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DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All... (more)

