In the past three years, condominium prices have increased in Makati and BGC. While these areas are known for their high property values, experts have noted that the price trend reflects a broader impact on the local economy.
Despite market fluctuations, rising housing prices have had positive effects. For example, areas have become more affordable housing in recent years. While condominium prices have risen, buyers still have the opportunity to invest in properties that are within their means.
This trend has a major impact on the robust property market in the country. This shows that people continue to invest in properties in Makati and BGC, which strengthens the economy of the country. The more robust market is causing growth in real estate-related industries.
Another benefit of this change is cleaner business. The elimination of undesirable industries like POGO leads to a cleaner and more sustainable economy. This will pave the way for new opportunities and jobs for Filipinos.
Ultimately, all these changes aim to provide more inclusive growth in the Philippines. With more affordable housing and a stable market, people's lives will be easier and the country will be more successful in the years to come.
