Wazzup Pilipinas!
With China’s property market cooling after years of rapid growth, and Singapore’s and Hong Kong’s housing markets expected to decline steadily, 2014 has seen real estate in the emerging markets come into focus. The Philippines, in particular, performed (and is performing) well. Although GDP growth slowed slightly, the country’s economy continues to outperform most of its neighbors.
“The Philippine property sector’s 2014 performance is marked by exuberance in certain segments traditionally overlooked,” said Lamudi Philippines managing director Jacqueline van den Ende. “For example, Metro Manila’s commercial real estate sector was and continues to be buoyant, bolstered by a healthy demand from traditional office takers and the business process outsourcing (BPO) industry.”
As the year draws to a close, global real estate portal Lamudi looks back at an eventful 12 months for the Philippines’ property sector.

Ross is known as the Pambansang Blogger ng Pilipinas - An Information and Communication Technology (ICT) Professional by profession and a Social Media Evangelist by heart.