Philippines is the Hottest Property Market in Southeast Asia
By Lauren on Jul 4, 2008 in Real Estate News
Thanks to the boom in the business process outsourcing (BPO) industry, the Philippines is the hottest real estate market in Southeast Asia Today. According to CB Richard Ellis Group Philippines general manager Trent Frankum, the BPO created newer opportunities for the real estate market. Major businesses and investors are expanding their presence in the Philippines due to the large work force and because it is one of the biggest English speaking nations in the world.
This assessment was recently made in Hong Kong at the Smart Investment and International Property Expo, the biggest real estate exposition in Asia. The expo showcases global real estate market opportunities and invites property experts and investors from global companies in Asia, the UK, and Australia.
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