Cebu Office Market Overview - August 2007Office lease rate in Cebu City is currently pegged at an average of P313 per square meter per month. Asiatown IT Park is being transacted at an average of P413 per square meter per month while the other Ayala Land project, Cebu Business Park, is at par with P399 per square meter per month.
Philippine Market Overview - April 2008Healthy economic growth can still continue despite inflationary pressures with the aid of private consumption and increased fiscal stimulus. Overseas worker remittances surged to US$14.4 billion in 2007 with an expected 8% increase in 2008 at US$15.6 billion.
Philippine Property Market OVerview October 2007In a knee-jerk reaction, the sub-prime crisis in the US led to a nearly 15% drop in the Philippine stock exchange despite the 7.5% growth in the country’s gross domestic product for the second quarter.
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