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Prices of land in Makati have jumped 28 percent over the last three years

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Old 28-05-2014, 02:15 PM
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Default Prices of land in Makati have jumped 28 percent over the last three years

UrPropertySg reveals that based on U.K.-based Colliers International Plc written at Bloomberg, Prices of land in Makati, home to the nation’s financial district and some of its richest businesspeople, have jumped 28 percent over the last three years to an average 341,505 pesos per square meter, according to U.K.-based Colliers International Plc. That’s the highest level since 1997, said Julius Guevara, the firm’s head of research in the Philippines.

The country’s $250 billion economy expanded 7.2 percent in 2013 and 6.8 percent in 2012, the fastest two-year pace since the 1950s. The central bank has kept its benchmark interest rate unchanged at an all-time low of 3.5 percent since October 2012.

Makati has recently seen upcoming highly anticipated new launch – 100 West by Filinvest Land Inc.

First Launch will took place in Singapore which most likely will attract many astute investor.

For development fact: 100 West at Makati Philippines, Fully Intergrated development by Filinvest ~ UrPropertySG.com

To understand more on development: 100 West @ Makati City, Philippines (Singapore Sales) ~ UrPropertySg

About UrPropertySG:
UrpropertySg has expanded from its initial one Site across to its second website namely – UrPropertySg and www.urproperrtysg.com . It is a property listings site for new condo launch projects that is available to Singaporean. They are a professional and dedicated team of associates, and at UrPropertySG , their goal is to help clients make the best real estate decisions in their lives.

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