| |
|
|
After many years of downtrend in real estate prices, we see the light at the end of the tunnel. Real Estate sales have started to pick up. Fueled by the Overseas Foreign workers and Balikbayans, developers have embarked on a massive buying spree of rawland and have started to build.
They know the cycle of 6 years except in the last cycle, our down years extended to nearly eight years. Hence, cheap rawland is getting hard to find and good properties especially in Tagaytay have begun drying up.
Tagaytay is particularly attractive to many Fil-Americans. The supply is further affected by interest among foreigners especially the Koreans and Japanese who enjoy the cool weather of Tagaytay. Should the law allowing foreigners to own land be passed, there will be a noticeable upward adjustment in prices.
Bulacan province, which used to be quite rural is now experiencing a major facelift due to the approval of the MRT 7 whose terminal will end in San Jose del Monte. Accordingly, prices in the nearby areas have begun to move upwards in some cases by 300%.
The pictured property should grab your attention. You may Call our man on the spot Orley Morabe, a licenced estate agent at +63 918 9277787 or email o_morabe@yahoo.com. |
|
