WHY INVEST IN THE PHILIPPINES?
THE RIGHT COUNTRY
Strategic Business Location
Great Tropical Climate
-Growing Tourism Industry (3M/year)
Easy Communication
High Literacy Rate (approx 93%)
Philippines is in the heart of the
Asia-Pacific Region – one of the fastest growing economic region in the world.
Its strategic location near Asias 10 major cities, its English
language-proficient workforce, and its young population, with approximately 45%
below the age of 20, make it attractive for outsourcing and investments.
Its economy is driven largely by an
extensive, first-rate BPO sector; massive worldwide expatriate remittances from
its global Filipino workforce, ranked #4 in the world only next to China, India
and Mexico; and a dynamic, multifaceted tourism industry.
With close to 100 million people, and being
the 12th most populated country in the world, it has remained remarkably
resilient, being only one of 3 Asian countries that posted positive GDP growth
during the recent downturn of 2009. Its recent economic triumphs have created a
burgeoning middle-class that is eager and able to afford new housing, personal
amenities, and a better quality of life. This trend is powering the country’s present
robust consumer spending and real estate boom. With property prices going at a
fraction of their major Asian counterparts, Manila has become a potent base for
international business and investment.
Indeed the Philippines highly technologized,
future-focused cities, positive economic policies, friendly people, and vibrant
city culture make it a viable center for any global business.
THE RIGHT INDUSTRY
As a result of heavy foreign investments,
increased labor opportunities and a rapidly expanding middle-class, the demand
for affordable-to-high end residential, business and commercial real estate has
risen. The relatively low Philippine interest rates and the fact that many
Filipinos are first time property buyers make home-buying an attractive
prospect for families.
The country’s steady growth in home ownership
is further aided by banks reducing their home loan rates, driving further
buying opportunities. Per Philippine government statistics, there exists a
backlog of 3.6M homes nationwide that the industry is trying to serve.
The market clearly exists; it is simply a
matter of meeting the demand.
THE RIGHT COMPANY
Century Properties Group, Inc. is uniquely positioned as a developer of best-in-class
real estate projects to meet and exceed the needs and aspirations of the global
citizen. With more than 26 years of experience as a developer and manager of
premium horizontal and vertical residences in the Philippines, medical arts
facilities and business establishments, Century Properties fully understands
the market.
With our strong international brand
collaborations, partnerships with world-class architects and urban planners;
focus on cutting-edge projects; strong and satisfied client base, and solid
development and property management portfolio, Century Properties is poised to
create future-focused communities that allow people to live, work, play, learn,
relax, heal and interact.
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