The Philippines BUILD BUILD BUILD continues to compete with World's Best

Bay City is indeed more than 40-years old, and its true impact is only starting to be realized. The area is best known as an entertainment site as it is quickly transforming into a business hub with many international companies establishing operations here. Colliers International research found rental rates were 30 to 50 percent higher in a number of residential condo properties in the Bay Area and Makati due to an influx of Chinese employees. A growing number of mainland buyers are also purchasing condo units here. This increase in demand has been good for Bay Area property prices which are among the fastest growing in Metro Manila. A 24 sqm studio at Shore Residences 1 is rented at 45,000php average per month which will offer investors an income of about 540,000php per year. Properties in Bay City will continue to increase in value as more business and entertainment centers will open. Being close to SM Mall of Asia means projects like Shore Residences stand out tha...