Philippine Real Estate Market is Booming Amidst the World Economic Turmoil

Manila, Philippines (PressExposure) October 08, 2009 -- In the Philippines today, just when the Philippine economy is said to downswing into a stage of turmoil and instability, a tide of hope is seen in the Philippine Real Estate [] market with Umbrella Online Real Estate.

Based on the last update from the Business and Services Statistics Division of the Industry and Trade Statistics Department of the National Statistics Office in the Philippines in 2006, there were 1,480 constructions built which reached an amount of PHP 101,777,079 in revenue sales alone and there were 359,718 subsidies recorded since 2003. On that note, the growth of Philippine Real Estate made a total of 222,501 employment opportunities rendered through real estate alone.

The rising demand for Philippine Real Estate for residential, commercial and office purposes were attributed to the positive effects brought by the growing tourist arrivals, Business Process Outsourcing (BPO) and overseas Filipino workers dollar remittances. Most of Umbrella Online Real Estate’s properties in Manila are in the Makati CBD area, Fort Bonifaio Global City and Ortigas Center where tourism and business plays a vital role. These include some of the best Condo Makati [], Manila Houses, Manila Homes, Manila Condominiums and apartments in Manila [] that will surely captivate every investor.

Visit [] today for added information on the growing Philippine Real Estate market.

About UmbrellaOnline

Umbrella Real Estate is one of the country’s leading real estate firms licensed to broker and manage real estate properties in the country. Umbrella Online is dedicated to provide superior service and personal attention to their clients’ special needs and interests. The firm strives to provide a critical edge in maximizing the potential of their clients’ assets and achieving their goals and objectives.


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Press Release Submitted On: October 07, 2009 at 8:40 pm
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