{"id":37948,"date":"2016-12-13T18:04:17","date_gmt":"2016-12-13T11:04:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/phillippine-developers-spice-up-their-provincial-portfolios\/"},"modified":"2016-12-13T18:29:42","modified_gmt":"2016-12-13T11:29:42","slug":"phillippine-developers-spice-up-their-provincial-portfolios","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phillippine-developers-spice-up-their-provincial-portfolios\/","title":{"rendered":"Phillippine developers \u2018spice up\u2019 their provincial portfolios"},"content":{"rendered":"


\nThere must be more than this Manila life
\nMasskara Festival in the southern Philippine city of Bacolod. hijodeponggol\/Shutterstock
\nProperty developers in the Philippines are innovating on their offerings even as they blaze more inroads into the provinces.
\nRobust investor confidence, coupled with the growth of captive markets in areas outside of Manila, will convey demand for condominium projects well into the new year, The Manila Times reported.
\n\u201cOn the supply side, countryside expansions, as well as innovative residential developments, are expected to generate new demand as they are seen capturing relatively new market segments,\u201d according to Morgan McGilvary, CBRE Philippines\u2019 director for tenant representation services.
\nMore: How to own an island in the Philippines
\nPositive buying sentiment will in turn be an incentive for developers to \u201cspice up their residential portfolios,\u201d he said.
\nInvestor interest in the Philippines is likely to carry on strongly into 2017 due to\u00a0growing real estate splurges by\u00a0Overseas Filipino Workers (OFWs) as well as the increasing purchasing power of workers in the vigorous BPO sector. The entry of millennials into the workforce is also expected to drive demand.
\nThese factors are all \u201cunderpinned by the country\u2019s sound macroeconomic fundamentals,\u201d said McGilvary.
\nRead next: How Davao became hot property in the Philippines
\n
\nSource : property-report.com
\nRead more…Phillippine developers \u2018spice up\u2019 their provincial portfolios<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There must be more than this Manila life Masskara Festival in the southern Philippine city...<\/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-37948","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\/p75ss1-9S4","jetpack-related-posts":[{"id":9358,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meet-asias-real-estate-leaders-at-the-property-report-congress-in-manila\/","url_meta":{"origin":37948,"position":0},"title":"Meet Asia\u2019s real estate leaders at the Property Report Congress in Manila","date":"March 29, 2016","format":false,"excerpt":"\r Property Report Congress Philippines; 7 April 2016 Philippines panel at the Property Report Congress 2015 in Singapore last October Highly-respected and influential market leaders will meet at the inaugural Property Report Congress Philippines, a high-level forum that will discuss the burning issues that impact the progress of the country\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6314,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phl-lacks-5-million-affordable-housing-units-and-thats-just-the-beginning\/","url_meta":{"origin":37948,"position":1},"title":"PHL lacks 5 million affordable housing units \u2013 and that\u2019s just the beginning","date":"February 29, 2016","format":false,"excerpt":"\r While developers focus on the luxury residential market, the need for affordable housing in the Philippines grows ever more pressing Affordable housing is major concern for the Philippines. According to the latest census in 2010, the nation is home to 92.3 million souls and the majority of these people\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unveiled-philippines-property-awards-2016-official-shortlist\/","url_meta":{"origin":37948,"position":2},"title":"Unveiled: Philippines Property Awards 2016 official shortlist","date":"March 15, 2016","format":false,"excerpt":"\r Top developers from Luzon, Visayas and Mindanao scoop nominations;\u00a0Megaworld Corporation and SM Group lead with a combined 26 nods Will it finally be Megaworld Corporation\u2019s year at the Philippines Property Awards, or will SM Group repeat its triumphant run last year? 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However, funding for real estate developments remains an area for improvement. \u201cDespite strong demand, some developers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100945,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expat-advice-living-in-manila-philippines\/","url_meta":{"origin":37948,"position":4},"title":"Expat advice: living in Manila, Philippines","date":"November 6, 2018","format":false,"excerpt":"\r What the city lacks in reliable infrastructure, it makes up for with friendliness\r \r Source : ft.com\r Read more...Expat advice: living in Manila, Philippines","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-spreading-the-wealth-is-good-for-the-philippines\/","url_meta":{"origin":37948,"position":5},"title":"Why spreading the wealth is good for the Philippines","date":"July 5, 2016","format":false,"excerpt":"\r Duterte\u2019s campaign of decentralisation could reinvigorate the Philippine property market Cebu city, one of the Philippines secondary markets. 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