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Posted July 10, 2017 | & filed under Updates.

Santos Knight Frank Inc. Forecast that the Philippines real estate industry is going to have another banner year this 2017, as they forecast that the information technology-business process management (IT-BPM), commercial, residential and retail sectors displayed vigorous growth.

Mr. Rick M. Santos, chairman and CEO of Santos Knight Frank Inc. noted that in the third quarter of the year the solid microeconomic performance of the country’s GDP continues to show impressive growth posting a 7.1-percent mark, making the Philippines the fastest-growing major Asian economy, outpacing its neighboring Asian countries-China 6.7 percent; Vietnam, 6.4 percent; Indonesia, 5 percent; and Malaysia, 4.3 percent.

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Source: Business Mirror

 

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