Growing demand for Philippines’ residential real estateOBGplus
Underpinned by growing demand from low-cost buyers and high-end renters in Manila, the residential real estate market in the Philippines has posted strong figures in 2015 year-to-date. With vacancy rates falling and rentals on the rise, the sector is poised to maintain an upward trajectory into 2016. Land acquisition reforms will likely remain a critical challenge for the industry, however, particularly…