Latest reports confirm strong growth and high rental yields for the Philippines this year

The latest report from the Asian Development Bank reports continued strong economic growth over the next 2 years.

Strong GDP growth is projected for 2015 and 2016 based on buoyant private consumption, a solid outlook for investment and exports, and recovery in government expenditure. GDP is projected to increase by 6.4% in 2015 and 6.3% in 2016.

Factors that powered private consumption in 2014 – growth in employment, modest inflation, and higher inflows of remittances – are projected to continue through the forecast period.

Rental yields in Metro Manila remain strong at 7.5% according the the latest research go the Global Property Guide. Strong demand for condominiums across Bonifacio Global City Megaworld developments are continuing with a Far East investor purchasing 20 units in a bulk purchase last week.

Rappler report strong BPO growth figures for Q1 2015, further evidence of a strong markets for condominiums in Manila.

For the latest on the hottest Megaworld condominiums in Metro Manila get in touch now.