Building a New Bathroom, Construction Costs in Philippines
Philippines. Live Cheap! Groceries. Lunch and Dinner gives ideas of food costs here.
Philippines Budget Breakdown
Also more costs here
http://www.philippineslivecheap.com/2009/11/groceries-breakdown-philippines-live.html
Saturday, December 19, 2009
Wednesday, December 9, 2009
RP property sector resilient in crisis, 2010 outlook good—CBRE
From the Business Mirror: With the passage of the Philippine REIT Act of 2009, Santos sees investment in the property sector to accelerate as more investors will seek more new opportunities previously limited to institutional investors.
Among the income-generating assets that can be converted into real-estate investment trusts are office buildings, residential condominiums, townhouses, apartments, shopping/outlet centers, tourism-related facilities such as hotels, resorts, restaurants, golf courses; health care (hospitals, nursing homes, retirement homes and drugstores); warehouses, R&D centers, and infrastructure such as expressways, railways, ports, power plants.
Radovan said Cebu is the next big thing as far as development of business districts is concerned. He said growth in demand has resulted in major developments in the office market in Cebu and the fringe areas of Lapu-Lapu City and Mandaue City.
“Cebu is the place to watch as far as development of business centers is concerned,” said Radovan. Continue reading here http://businessmirror.com.ph/home/companies/19533-rp-property-sector-resilient-in-crisis-2010-outlook-goodcbre.html
Tuesday, December 8, 2009
Philippines offers good investment opportunities….
December 8th, 2009 Posted in EXPAT News Source: http://www.propertywire.com/
Philippines offers good investment opportunities
Two landmark events have propelled a developing property market in the Philippines to international scrutiny.
The Philippines is not a place that many people consider when they think about property investment, and they would be right to ignore it. With property hotspots springing up around the world in the last two years to replace declining markets in the west, many countries have been overlooked. However, two recent events have catapulted the small country to the international stage in the property market, as many analysts are now predicting good times ahead for the country.
Reasons cited by the firm in doing this include protections for a 12% annual yield on property investment in the Philippines in 2008 as well as an expected rental yield of a similar amount. Another reason has to do less with the property market and more with general development in the country. In the second quarter of 2007, the Philippines reported a GDP growth rate of 7.5% which actually surpasses that of either India or China. All of these different factors have combined to result in a DSR Ltd. endorsement of the Philippines as one of the world’s newest up and coming property markets.
The second event was the reporting of tourism figures for 2007 by the Filipino government in which they cited that foreign tourism had increased 8.7% and surpassed the country’s yearly goal of 3 million tourists. Continue reading here http://philippine-retirement.com/blog/?p=300
Philippines offers good investment opportunities
Two landmark events have propelled a developing property market in the Philippines to international scrutiny.
The Philippines is not a place that many people consider when they think about property investment, and they would be right to ignore it. With property hotspots springing up around the world in the last two years to replace declining markets in the west, many countries have been overlooked. However, two recent events have catapulted the small country to the international stage in the property market, as many analysts are now predicting good times ahead for the country.
Reasons cited by the firm in doing this include protections for a 12% annual yield on property investment in the Philippines in 2008 as well as an expected rental yield of a similar amount. Another reason has to do less with the property market and more with general development in the country. In the second quarter of 2007, the Philippines reported a GDP growth rate of 7.5% which actually surpasses that of either India or China. All of these different factors have combined to result in a DSR Ltd. endorsement of the Philippines as one of the world’s newest up and coming property markets.
The second event was the reporting of tourism figures for 2007 by the Filipino government in which they cited that foreign tourism had increased 8.7% and surpassed the country’s yearly goal of 3 million tourists. Continue reading here http://philippine-retirement.com/blog/?p=300
Also read more at How to buy real estate or land in the Philippines
http://philippineland.blogspot.com/