{"id":26151,"date":"2016-09-15T11:44:52","date_gmt":"2016-09-15T04:44:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/now-is-the-time-to-invest-in-philippine-property-survey-says\/"},"modified":"2016-09-15T11:52:33","modified_gmt":"2016-09-15T04:52:33","slug":"now-is-the-time-to-invest-in-philippine-property-survey-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/now-is-the-time-to-invest-in-philippine-property-survey-says\/","title":{"rendered":"Now is the time to invest in Philippine property, survey says"},"content":{"rendered":"


\nFilipino expats are confident that change is coming
\nHigh-rise condominiums under construction in Makati, Philippines. donsimon \/ Shutterstock
\nDespite 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.
\nIn a survey of 1,000 Filipinos working or living in the emirates, corporate communications agency New Perspective Media found that a \u201cwhopping 98 percent\u201d envisage \u201ctrue positive change\u201d back home after the election of President Rodrigo Duterte. Questioned if now is the best time to invest in Philippine property, 90 percent of respondents answered in the affirmative, with 80 percent choosing real estate as the best investment method\u201420 percent opted for other options such as stocks, mutual funds, and bonds.
\nKaren Remo, the agency\u2019s managing director, says the findings show \u201can affirmative boost to the new administration\u201d of the country. \u201cOur survey supports the increasing appetite of the Filipinos and the international community to invest in real estate. This is in response to the positive forecasts of good investment returns in the Philippines, which is now being considered the Asia\u2019s rising tiger.\u201d
\nMore: This little-known Philippine rental market is in high demand
\nDuterte, who won the May elections by a landslide, has been accused of abetting vigilantism and extrajudicial killings of illicit drug pushers. Recently, he has been embroiled in a diplomatic gaffe involving the cursing of President Barack Obama in a public forum.
\nThe survey found that 97 percent of respondents believe the quality of life in the ASEAN nation will improve. Ninety-three percent also think that the investment environment in the Philippines is improving, as opposed to 2 percent who think it is deteriorating.
\nStill, not all Filipino expats are too keen on investing in Philippine real estate. \u201cThe political situation in the Philippines is not yet stable,\u201d Marlon Nogar, who works in a restaurant in the UAE, told Khaleej Times. \u201cBefore I invest my hard-earned money I want to make sure that it is safe.\u201d
\nA strong driver of economic growth in the Philippines, remittances from overseas Filipino workers (OFWs) hit USD2.7 billion in March. The UAE is the second most popular working destination for OFWs, accounting for 15.4 percent of the workforce, according to the Philippine Statistical Authority.
\nRead next: Why spreading the wealth is good for the Philippines
\n
\nSource : property-report.com
\nRead more…Now is the time to invest in Philippine property, survey says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Filipino expats are confident that change is coming High-rise condominiums under construction in Makati, Philippines....<\/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-26151","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\/p75ss1-6NN","jetpack-related-posts":[{"id":26061,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/booming-philippine-property-market-inspires-confidence-among-expat-investors\/","url_meta":{"origin":26151,"position":0},"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":26951,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-philippines-is-taking-a-glass-half-full-attitude\/","url_meta":{"origin":26151,"position":1},"title":"The Philippines is taking a glass half-full attitude","date":"September 23, 2016","format":false,"excerpt":"\r Asia\u2019s overall sentiment is improving, but why are Filipinos so optimistic? 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