{"id":21180,"date":"2016-07-28T11:34:56","date_gmt":"2016-07-28T04:34:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-little-known-philippine-rental-market-is-in-high-demand\/"},"modified":"2016-07-28T11:44:22","modified_gmt":"2016-07-28T04:44:22","slug":"this-little-known-philippine-rental-market-is-in-high-demand","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-little-known-philippine-rental-market-is-in-high-demand\/","title":{"rendered":"This little-known Philippine rental market is in high demand"},"content":{"rendered":"


\nBeaches are so 2015. Student rentals are where it\u2019s at in 2016, says a business expert
\nStudents take a university\u00a0entrance test in the Philippines. Image credit: Bro. Jeffrey Pioquinto, SJ (Flickr)
\nWith a coastline that goes on forever, the Philippines easily puts forward its beaches and islands as obvious choices for property investments. However, a Filipino business expert from Qatar is recommending\u00a0an entirely different avenue for investors.
\nForeign investors\u00a0should be aware of the archipelago\u2019s mushrooming student populace, and the expansive rental market this gives way to, says\u00a0Greg Loayon, chairman of Philippine Business Council \u2013 Qatar.
\n\u201cIn terms of rentability, it is easy to find a tenant because demand in this area is very high, particularly for Filipino parents who are working abroad,\u201d Loayon told Gulf Times.
\n\u201cThese condominiums are packed in a short period. The experience is that within the first three months, these units are already occupied, giving investors immediate return of investments,\u201d he said.
\nHe noted that Singaporean investors have been purchasing several floors of condominiums in the Philippines and renting them out later to students.
\nInternational education is a growing business in the Philippines, where English is widely spoken and understood. A 2007 study showed that between 1998 and 2003, around 3,301 Americans were enrolled at Philippine universities and colleges, followed by South Koreans at 3,278.
\nSouth Korean students mostly travel to the Philippines to learn or refine their English skills. Americans, on the other hand, apply\u00a0to finish medical school, since tuition rates in the Philippines are much more affordable than the US.
\nAt least 1,530 students from South Korea acquired Philippine student visas to study at\u00a0a higher education institution, a 2014 report by the Bureau of Immigration showed, as reported by the Philippine Daily Inquirer.
\nThe largest number of Middle Eastern students came from Iran, with 1,032 enrollees.
\nYet investors from the Middle East are still \u201cslowly waking up\u201d to the opportunity of owning condominium units in the Philippines, Loayon observed, adding that investors from Qatar tend to look only at Europe.
\n
\nSource : property-report.com
\nRead more…This little-known Philippine rental market is in high demand<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Beaches are so 2015. Student rentals are where it\u2019s at in 2016, says a business...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-21180","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5vC","jetpack-related-posts":[{"id":26151,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/now-is-the-time-to-invest-in-philippine-property-survey-says\/","url_meta":{"origin":21180,"position":0},"title":"Now is the time to invest in Philippine property, survey says","date":"September 15, 2016","format":false,"excerpt":"\r Filipino expats are confident that change is coming High-rise condominiums under construction in Makati, Philippines. donsimon \/ Shutterstock Despite the unpredictability of the new government, Filipinos in the UAE have an overwhelmingly positive outlook on the quality of life and investment climate in the Philippines, pollsters say. In a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/could-a-philippine-island-be-the-next-singapore-or-hong-kong\/","url_meta":{"origin":21180,"position":1},"title":"Could a Philippine island be the next Singapore or Hong Kong?","date":"November 28, 2016","format":false,"excerpt":"\r Qatar real estate firm has big plans for the Philippines Aerial view of tropical islands near Palawan, Philippines. Ekaterina Pokrovsky\/Shutterstock With white sandy coasts that seem to stretch on forever, and an unbeatable trove of natural resources, the Philippines has been a puzzle to economists: Why aren\u2019t any of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26061,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/booming-philippine-property-market-inspires-confidence-among-expat-investors\/","url_meta":{"origin":21180,"position":2},"title":"Booming Philippine property market inspires confidence among expat investors","date":"September 14, 2016","format":false,"excerpt":"\r The overwhelming majority of Filipinos in the UAE are optimistic that the property sector in their home country is rapdily improving, according to a new survey.A poll conducted by New Perspective Media (NPM), the organisers of the annual Philippine Property and Investment Exhibition, showed that 98 per cent of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-own-an-island-in-the-philippines\/","url_meta":{"origin":21180,"position":3},"title":"How to own an island in the Philippines","date":"December 6, 2016","format":false,"excerpt":"\r Fancy buying your private paradise? tutkom\/Shutterstock Asked how many islands there were in the Philippines at the 1994 Miss Universe pageant, Miss Philippines shot back: \u201cHigh tide or low tide?\u201d Had Twitter or Facebook existed in 1994, the phrase would likely have caught on, and Donald Trump, who bought\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/falling-ofw-remittances-rising-unemployment-to-push-down-property-prices-in-philippines-by-15-per-cent\/","url_meta":{"origin":21180,"position":4},"title":"Falling OFW remittances, rising unemployment to push down property prices in Philippines by 15 per cent","date":"May 13, 2020","format":false,"excerpt":"\r Home prices in the Philippines are likely to decline by up to 15 per cent after more than two decades of uninterrupted growth as a slowing economy due to the Covid-19 outbreak weighs on demand, with affordable and mid-income housing seen as the most vulnerable segments.The twin blow of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37948,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phillippine-developers-spice-up-their-provincial-portfolios\/","url_meta":{"origin":21180,"position":5},"title":"Phillippine developers \u2018spice up\u2019 their provincial portfolios","date":"December 13, 2016","format":false,"excerpt":"\r There must be more than this Manila life Masskara Festival in the southern Philippine city of Bacolod. hijodeponggol\/Shutterstock Property developers in the Philippines are innovating on their offerings even as they blaze more inroads into the provinces. 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