Thriving Philippine Real Estate Sector Inspires Investment Opportunities Among Filipino Expatriates

With the growth of the Philippine real estate expected to sustain its great momentum, property developers have continued their rally to lead the industry with expansion plans, new projects and innovative concepts along with the development of lands inside and outside Luzon within the next five years.

The country’s real estate industry has witnessed an immense growth which led to a 14.6% growth by 2016 according to Oxford Business Group, a record that stands as one of the highest growth rates in the country by the Philippine Statistics Authority. These demands continue to remain healthy amidst the increasingly competitive market, showing small increases in rent recorded for this year.

The advancements in the property market has inspired the potential of home ownership and condominium investments among the Overseas Filipino Workers (OFWs). With an estimate of 10.2 million Filipinos working across different regions in the world, property developers have created plans and project concepts that are attuned to the demand of this particular group. Given today’s fast-paced lifestyle in the most populous areas of the country, real estate developments are now geared towards creating communities wherein everything is within reach. Developers are now differentiating themselves by providing lifestyle-oriented amenities, commercial establishments and recreational facilities in their developments. Factors such as affordability and practicality are also incorporated to make these locations attractive.

Expansion in the urban and rural areas in the country remains critical for potential buyers as demand increases for areas outside Metro Manila including in Central Luzon and Western and Central Visayas where more than 38 percent of OFWs come from. House-and-lot packages in well-established communities remain a top seller for OFWs, while others opt for residential condominiums in the country’s metropolitan areas which they use as an investment to gain passive incomes.

“The number of potential Filipino clients outside the Philippines continue to rise with the number of Filipinos leaving the country every year,” explained Antoine Georges, Managing Director of Dome Exhibitions. “These are overseas workers who values investing their hard-earned money in real estate for the benefit and future of his or her family.”

UAE remains to be a popular destination among OFWs, accounting to 15.5% of Filipino expats working in the country. UAE’s Filipino population are specifically among the fast-growing expatriate communities in the country, fuelling consumption growth and investment increase in the Philippines. Likewise, investment among foreign investors continue to be a key aspect in the country’s real estate industry. International investors have been attracted primarily on the prices of the real estate properties in the Philippines, which remain relatively low when compared to its counterparts in the Asian region while still maintaining an internationally-inspired quality of development. From hotel-standard condominiums, man-made beaches, to 24/7-secured communities complete with clubhouse, gym facility and grocery stores, developers have made living in the Philippines ideal and convenient.

On 2-4 November, 2017, the International Real Estate & Investment Show will be bringing the much-awaited Kabayan Property Show to the halls of Abu Dhabi National Exhibition Center (ADNEC). The pavilion, held with the support of the Philippine Embassy, Philippine Business Council, and Kabayan Weekly, gives more than 2,000 High Net-Worth Philippine investors and 10,000 International investors access to Philippines’ hottest property choices and investment options. Leading financial advisers will also be available to guide interested buyers to distinguish the most suitable financial plan for on spot sales. The country’s leading property developers including SMDC, Century Properties and Ayala Land Inc. will be showcasing their latest development projects fit for the mid-income segments.

“The International Real Estate & Investment Show stands not just as a platform where the country’s top developers can market their products and services, but also as an opportunity where budding investors can learn about financial literacy and the value of their future investments. These are programs that aim to enlighten and encourage them to invest on the right assets,” concluded Georges.

For more information, please visit and http://www.kabayanpropertyshow.com