With yields higher than London it is no wonder all eyes are on the Philippines.
Investors are always on the lookout for the next big thing. Windows of opportunity in the market and a chance to enjoy a good return on their investment. The Philippines property market is getting a lot of press of late, and there is good reason for this.
Recent data released from CBRE has stated that property investments in the Philippines generates a yield of between five and six percent. This is compared to two percent that is achieved in one of the world’s leading market, London. Figures that make a great tool to market the Phillippines but also one that will entice investors to make moves in this emerging market.
One factor for this yield is the growing rents achieved in Makati, having increased year-on-year by between three and five percent. Likewise Metro Manila Business District is performing well growing 2.3 percent quarter-on-quarter. This area remains the top choice for office space and more supply is due in 2017. In Metro Manila 40 percent of office supply in the pipeline has already been pre-let suggesting the sheer strength of demand. The industrial market is also fairing well as Philippines remains its status as hub for manufacturing.
As this emerging market continues to take steps in the right direction, investors are expected to jump on board as this is the time for start reaping the benefits.
