{"id":1298,"date":"2022-11-10T07:32:38","date_gmt":"2022-11-10T07:32:38","guid":{"rendered":"https:\/\/ppie.ae\/?p=1298"},"modified":"2022-11-10T07:32:38","modified_gmt":"2022-11-10T07:32:38","slug":"ph-status-as-asean-5s-fastest-growing-economy-bolsters-real-estate-demand-federal-land","status":"publish","type":"post","link":"https:\/\/ppie.ae\/ppie_old\/2022\/11\/10\/ph-status-as-asean-5s-fastest-growing-economy-bolsters-real-estate-demand-federal-land\/","title":{"rendered":"PH status as ASEAN-5\u2019s \u2018fastest-growing economy\u2019 bolsters real estate demand \u2013 Federal Land"},"content":{"rendered":"

The Philippine real estate market enjoys a sustained, strong demand among both Filipinos and foreigners as it was named as the \u2018fastest growing economy\u2019 in the ASEAN-5 as of the first half of 2022.<\/p>\n

Maria Margarita Saenz-Resurreccion, Group Head of Sales at Federal Land, Inc. outlined that this is because of several drivers that pushed the country to the top of the economic ladder despite the grips of the pandemic, as follows.<\/p>\n

Strategic Location.<\/strong> The Philippines\u2019 central location as an archipelagic nation paves way for trade and tourism to boost the country\u2019s revenues. And with that, the demand for real estate development grows further as more developers continue to build more mixed-use properties all around the country.<\/p>\n

\u201cWe are in the hub of the ASEAN region. We are in a good location. We are a great trading hub \u2013 we have seaports all over our archipelago. Aside from that, even then we have a lot more areas that are being developed in the Philippines. Developers are continuing to build residential developments, offices, commercial, and even resorts outside Metro Manila including the fringes of Metro Manila like Cavite, Laguna, Bulacan and Pampanga,\u201d said Saenz-Resurreccion during her keynote speech \u201cIs real estate a solid investment in the Philippines?\u201d at the Philippine Property and Investment Exhibition.<\/p>\n

\"\"<\/p>\n

Consistent Economic Growth.<\/strong> The Philippines also made strategic step-by-step decisions to strike the balance between COVID-related restrictions and reopening trade which helped the country recover from a negative economic rate when the world closed down in 2020.<\/p>\n

\u201cGiven the pandemic, we can say that the Philippines is doing well compared to other countries. Despite the global economic crisis we have still achieved economic growth. Following the relaxation of the COVID-19 restrictions, the vaccination program of the government, and private sectors. In fact, according to several global experts, the Philippines remains the strongest growing economy in the ASEAN-5 in 2022,\u201d explained Saenz-Resurreccion.<\/p>\n

\"\"<\/p>\n

OFWs\u2019 remittances.<\/strong> Federal Land, Inc. Group Head of Sales highlighted that the consistent contribution of OFWs in the form of remittances provided the Philippines that economic safety net.<\/p>\n

\u201cYour remittances are driving the economy of our country. Practically the entire world grounded to a stop because of COVID-19 pandemic pero yung mga kababayan natin walang hinto \u2013 nagpapadala nang nagpapadala pa rin sa mga pamilya nila. So kaunting dip lang siya sa 2020,\u201d said Saenz-Ressurreccion.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Philippine real estate market enjoys a sustained, strong demand among both Filipinos and foreigners as it was named as the \u2018fastest growing economy\u2019 in the ASEAN-5 as of the first half of 2022. Maria Margarita Saenz-Resurreccion, Group Head of Sales at Federal Land, Inc. outlined that this is because of several drivers that pushed […]<\/p>\n","protected":false},"author":1,"featured_media":1299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-1298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts\/1298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/comments?post=1298"}],"version-history":[{"count":2,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts\/1298\/revisions"}],"predecessor-version":[{"id":1303,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts\/1298\/revisions\/1303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/media\/1299"}],"wp:attachment":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/media?parent=1298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/categories?post=1298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/tags?post=1298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}