Compilation Of News Report About A Booming Real Estate In Cebu
As a proof that Cebu has excelled in the field of real estate
, here is a compilation of news reports showing a booming industry.
Despite the global recession, the real estate industry has continued to prosper in Cebu due to the presence of OFWs who wants to reside in the place. Here are some news reports as proofs of the booming economy, which are as follows:
Cebu real estate booming
Several businessmen in Cebu believe that real estate today is a profitable business. This is evident through the expansion of various restaurants as well as resorts particularly in Mactan Island. During their interview with The Freeman, they said that investing in a real estate industry guarantees fast return of investments. For those who are looking for a good way to spend their money, take full advantage of the flourishing economy by investing in Cebu real estate.
Manila real estate expands into Cebu City, Philippines
Due to increasing demand in Cebu, Ultima Residences Tower Condominiums, a Manila real estate, has finally expanded its business. With their unequaled services such as spa, gym, restaurants, and more; people can't help but get overwhelmed.
Cebu's real estate industry thrives despite crisis in US
Because of the growing number of Filipinos who want to work abroad, real estate developers are optimistic that the industry will become more booming in two years time. Since many people want to reside in Cebu, condotels are becoming more popular and opportune.
SDR Mactan Cebu Real Estate
Small business industries in Mactan are investing in apartments and pension houses to accommodate the growing tourism in Mactan Island. They have generated revenues as well as provide employment opportunities to many residents within the area.
Condominium in Cebu Still Growing
According to the head finance of Sta. Lucia Realty and Development, Inc., there is a potential market in Cebu when it comes to condominium. As evidence, a planned residential project in Punta Engano, Lapu-Lapu City is already set for 2010. The proposed name is Discovery Bay, a 500-hectare area with a beach club within the condominium is something worth waiting for.
Flourishing real estate investment opportunity in Cebu
Released last June 22, 2009, the press states that tourism has paved the way for a booming real estate industry. DSR Asset Management has assisted several property investors like the City Loft and Ramos Tower in identifying the best business to venture.
New Real Estate Company develops housing community in San Fernando
A new entrepreneur in the real estate industry, the Nexus Real Estate Corp., has developed a housing project in Southern Cebu. He has chosen real estate because he believes that the lot value increases every year, which is a good opportunity to earn.
All these reports prove that real estate remains unaffected despite the economic condition. You just have to be keen in choosing the best place to invest and be able to compete with the established brokers.
by: Marian Ravire
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