In five (5) years, the residential units seen to doubling. It seen to rise because of the continuous merges of international hotel brands and Filipino property developers. The managing director of C9 Hotelworks Mr. Bill Barnett, sees a lot of opportunity in the luxury segment of the real estate sector industry particularly in Cebu, Davao, Palawan and Metro Manila.
More merges are also expected to happen between international brands and local real estate developers. Barnett also projected that resort markets would grow faster while the urban luxury segment would increase in number. To read more, just click source.
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