Property in the Philippines has been ranked as being sixth in the world by an influential survey.
The HSBC 2015 Expat Explorer survey, published annually by the global bank, placed Thailand’s property sector number one of the world for expatriates, ahead of Bahrain in second place and Spain in third. Vietnam was firth, one spot ahead of the Philippines.
Property is ranked as part of the ‘experience’ section of the survey, and taking other factors into account the Philippines was ranked in28th place of the 39 survey countries.
This news will probably be treated with skepticism by some industry professionals, but it is believed the ranking looks at factors such as value for money when considering the ranking. Dot Property Group has attempted to discover what other factors influenced the property ranking, but despite requests for further details as to why the Philippines was ranked so high, HSBC in Hong Kong and London have failed to reply to our requests for further information before publication.
This is great news that should be used to promote property and real estate investments in the Philippines as a solid, value for money investment around the world.
