Philippine property is booming. Plus the luxury sector is particularly buoyant. Uptake is reported to be high, which is a reflection of the state of the economy. GDP has increased by 7.1 percent for the third quarter of 2016. This is higher than either of the first two quarters.
Additionally the luxury segment is not influenced by budget restraints. However developers are unable to keep up with demand that is dominated mainly in the business districts particularly in Taguig and Makati.
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