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Pinoy Real Estate

.A blog of the latest real estate news, information and properties in the Philippines. Filipinos or not, use this as a guide on how to make make a real estate purchase or rental in the Philippines. We will also feature real estate properties worth checking out. Properties like Alabang, Fort Bonifacio Global City, Makati, Ayala Alabang, Laguna, Tagaytay, Batangas, and Boracay.

All time High Business Confidence in RP (BSP)

I was not surprised when the Central Bank of the Philippines (Bangko Sentral ng Pilipinas or BSP) announced that business confidence in the Philippines is in an all time high.  The real estate business especially in the housing market has been moving so fast lately especially in the south area of Metro Manila. As a broker, I see so much movement around me. There are more end-users buying than speculators, which is a good sign.  You see new businessed opening here and there. Money circulating. People spending. More people travelling in and out of the country. Government confidence under Aquino administration is very high.  Let us hope and pray this continues for a long long time.  

Read more about this business confidence in the Philippine Star 11/19/2010.

Check this site:  http://www.philstar.com/Article.aspx?articleId=631503&publicationSubCategoryId=63

Published Friday, November 19, 2010 5:13 AM by Chona Esguerra

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