qondio.com/L276 PRINT EMAIL
Philippine Condo Trends By Condominiums Staff of Condominiums.PH OFW Remittances Increase. Real Estate Industry Boom. OFW remittances are on track in achieving a 15% increase this year. First semester figures post a 17.2% increase from the same period last year. Despite the brewing economic turmoil in the US and other markets, Filipinos continue to remit. The increased number of skilled and higher paid workers abroad very much contribute to this continued growth in volume and and amount of remittances. The local real estate industry highly benefits from these resilient inflows as more and more OFWs are purchasing condominium units in Ortigas, Fort Bonifacio, Manila, Makati and Quezon City. Property agents report a general average of a 60% to 70% of their sales are from OFWs - those with a significant amount of buying power. This development will further strengthen the industry as we know it. Investors are expected to continue to invest here in the Philippines. This intel first appeared on: http://www.condominiums.ph/node/21

External Links

TVphilippines.TV

Contributed by ndevco on January 3, 2009, at 12:13 PM UTC.

PLEASE VISIT THE CONTRIBUTOR'S WEBSITE

Philippine Condominium Portal Everything about Philippine Condos www.condominiums.PH

Reactions

No reactions yet.

Rate This Intel

Please login or sign up to rate this intel.

Share

Copyright Notice

The copyright for this content entitled "Philippine Condo Trends" has been specified by the contributor as:

All Rights Reserved

This content may not be copied, distributed or adapted by anyone under any circumstances.

Login Here with Any Email Address Any Password Remember login No account? Sign up.

Intel Contributor

This intel was contributed by ndevco

Qondio Archive

May, 2012 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2008 January, February, March, April, May, June, July, August, September, October, November, December 2009 January, February, March, April, May, June, July, August, September, October, November, December 2010 January, February, March, April, May, June, July, August, September, October, November, December 2011 January, February, March, April, May, June, July, August, September, October, November, December 2012 January, February, March, April, May

Sign Up

Not a member yet? Qondio is a powerful network for making it online. If you have a website to promote, we can help. Sign up and get in on the action.

About Qondio

Welcome to Qondio! Discover the awesome power this network can deliver by going to our About page. Or you could skip straight to the Sign Up form.