Hello Clients and Friends!
HAPPY NEW YEAR!!! I hope and pray that 2018 will bring you prosperity, happiness and peace of mind!
(Note: Picture – Credit to the owner)
Based on economic indicators and economic forecasts, the Philippine economy is poised to experience continuous growth in 2018. According to the Asian Development Bank (ADB), it upgraded its 2017 and 2018 gross domestic product (GDP) forecast for the Philippines to 6.7% and 6.8%, respectively, from the previous 6.5% and 6.7%. For the Phisix, it ended at 8,558 last December 29, 2017 and it is expected to reach 9,300 in 2018. The current administration is also on a “Build-Build-Build” fiscal policy and this infrastructure spending will contribute to the growth of the Philippine economy.
All these economic indicators and the fiscal policy of the government will contribute to the growth of the real estate industry. For investors and end-users, purchasing a prime property in a prime location like Bonifacio Global City (BGC) means continuous appreciation of property values. Honestly, you can not go wrong with a prime location like BGC.
I hope that this article will help you with your investment decision in 2018!
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