Impressive Growth in the Residential Market
The Philippines is one of the fastest developing nations in Asia. For over a decade and in the next years to come, it has been and will be experiencing stellar economic growth. Due mostly to the burgeoning service industry, particularly the business process outsourcing (BPO) and information communication technology (ICT) sectors, the economic prosperity of the country has had an immensely positive effect on the real estate market.
It is not only the demand for office and retail markets that has increased. The residential sector has been growing as well. As an indirect result of the BPO and ICT industries’ expansion, as well as overseas remittances, the purchasing power of the people has increased. Topped off with low inflation, flexible financial options, and more affordable housing projects, Filipinos are now more than ever eager and capable to buyahouse and lot for sale in the Philippinesthat they can call home.
Although there is still a backlog in middle-income and low-cost housing amounting to an average of 58,000 units per annum, the residential real estate market remains buoyant. Government support on property investments and real estate developers has ensured that supply keeps coming in. The balance between affordability and quality in accommodations will become the priority for the next coming years.
Illustrious Villages to Find a House and Lot for Sale
Despite the recent trend favoring condominium living, more people still prefer topurchase their very ownhouse and lot for sale in the Philippines. There are plenty of options for ahouse and lot for sale in the Philippines,from Metro Manila to Cebu City. The following are the most prominent private villages or gated communities whereyou can find the very besthouse and lot for sale in the Philippinesfor your needs and preferences:
Forbes Park in Makati
Dasmariñas Village in Makati
Magallanes Village in Makati
Ayala Alabang Village in Muntinlupa
Valle Verde 1-6 in Pasig
Wack Wack Village in Mandaluyong
White Plains in Quezon City
La Vista Subdivision in Quezon City
Corinthian Gardens in Quezon City
Green Meadows in Quezon City
Maria Luisa Park Subdivision in Cebu City
AMIYA Resort Residences in Davao City
These subdivisions set the norm when it comes to privacy, convenience, and comfort. Aside from 24/7 security, one cannot simply enter these villages. Your vehicle will either need a sticker that signifies you are a resident, or the guard-on-duty will call the resident you are visiting to verify whether to let you inside or not. As strict as this may seem, this does make these communities one of the safest in the country.
These villages also offer more than security. Each has at least one clubhouse, typically with a swimming pool where residents can hang out. There are also private parks and even golf courses. These subdivisions are also centrally located and some are even close to top educational institutions and shopping malls, making them practical locations as well.
It comes as no surprise why ahouse and for sale in the Philippinesin these areas is priced at a premium. Of course, there are more affordable versions of these villages all over the country. They may not have actors, diplomats, and politicians living in them, but they offer the same basic perks for utmost comfort and security. This is whypurchasing your ownhouse and lot for sale in the Philippinesis truly a dream come true.
Frequently Asked Questions in House for Sale |
Are there houses for sale near me?
Yes, there are 69,662 houses and lots for sale around the Philippines. The Philippines is one of the fastest developing nations in Asia. For over a decade and in the next years to come, it has been and will be experiencing stellar economic growth.
Are there townhouses for sale available?
There are 30,374townhouses for sale in the Philippines. Whether you are situated in a busy metropolis or in the more laid-back municipalities, townhomes for sale can be found in any part of the Philippines.
Are there beach houses for sale in the Philippines?
Yes, there are 227beach houses for salearound the Philippines. Beachfront properties are among the more common real estate options in the Philippines, as it is after all a tropical country.
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