Makati City skyline

WHERE WE ARE

The Philippines

  • Economic Growth: Robust historical performance & strong future prospects
  • Consumer Demand: Buoyed by a young, highly educated, & productive population
  • Foreign Exchange Remittances: Double digit growth of remittances from large number of overseas foreign workers (OFWs); accounted for 10% of Philippine GDP in the last decade
  • BPO (Business Process Outsourcing) Investments:  Ranked 2nd globally and accounts for 12 to 15% of the global market
  • Investment Environment: Attractive and competitive investment destination with reduced taxation, liberalization, and major infrastructure projects
  • Tourism Prospects: Recovery post pandemic, with globally ranked island destinations 

Aerial photo of Alviera Country Club and neighboring developments

Real Estate Industry

  • Growth Rate: Ten years of double digit CAGR in both the CBD and residential markets
  • Pillars for Future Growth:  Growing OFW remittance, stable demand for BPO office space, and opening up of tourism
  • Residential Demand: Constantly growing residential market, spurred by economic growth and regional expansion

SCTEX Porac interchange and Alviera Industrial Park

Central Luzon Region

  • Regional Outlook: Central Luzon forecasted to be the country’s next economic powerhouse.  Pampanga leading the growth with economic activities propelled by the Clark Freeport Zone, the Subic Clark Tarlac Expressway (SCTEX), and the thriving growth areas of San Fernando, Angeles City, and Porac
  • Location: Growth activated by decentralization & synergy with Metro Manila/ NCR (National Capital Region)
  • Future Connectivity:  Proposed Northern Access Link Expressway (NALEX) will further connect Central Luzon with Metro Manila and the new international airport in Bulacan.

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