Umbrella Announces a Boom in the Philippine Real Estate Market

Manila, Philippines (PressExposure) July 08, 2009 -- The leading Philippine Realty [] firm –Umbrella Online has announced that while other parts of the world is appalled with the current real estate market, Philippine Real Estate is hitting projected sales. As a matter of fact, recent reports from popular Philippine newspapers and magazines confirm that the Manila property boom is active and alive.

Most of these developments and property investments are approved from Makati City – the financial and business district of the Philippines. The towering skyscrapers that are both residential and commercial complexes compromise the expansion of Real Estate in Makati. The US$25.5 million expansion of the -Medical City hospital in Pasig City and US$66 million expansion and modernization of the Makati Medical Center are one of the factors that contributed to the current boom of Philippine Real Estate market.

The growing tourism in the recent years has also been a major factor in boosting the Philippine Real Estate [] boom, since there are more people with money to spend there is now a need for investments and accommodations especially in Makati.

New residential and commercial investments are expected to further the growth of real estate in Makati and Metro Manila. Contemporary designs, green and healthier environment and the convenience of in-city living are just the few characteristics that attracted businessmen, expatriates and young professionals to invest in a spacious apartments for sale in Manila, luxurious Manila Condos [] or condos in Makati.

Besides Makati City, other promising regions for real estate are Fort Bonifacio, Cavite and Pangasinan. To know more of the properties in Manila ideal for residential and commercial investment, visit [].

About Umbrella Online

Umbrella Online is one of the best Philippine Realty firms licensed to managed and broker properties in Manila as well as Manila rentals. Umbrella Online focus mainly on managing prime properties in Manila both residential and commercial. It aims to aid their clients in selling and also in acquiring properties in Manila that suit their needs and investment goals.

Its list of properties in Manila for rent and Manila Realty for sale includes some of Philippines most luxurious high-rise and single dwelling properties to affordable single-detached Manila houses which offer healthy and spacious living areas for families to grow and prosper while keeping major commercial, business, recreational, educational and medical establishments nearby.

Umbrella Real Estate
2nd Floor Colbella Arcade
910 Pasay Road,
Makati City, 1223, Philippines

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Press Release Submitted On: July 08, 2009 at 3:43 am
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