About Manila
• Asia most exciting property investment market!
The Philippines is emerging as a strong economic force in Asia, having achieved its highest rate of GDP growth in 34 years to reach 7.4% in 2010, after recording 51 consecutive quarters of economic growth.
With a report by PricewaterhouseCoopers placing the capital Manila as the second wealthiest metropolis in Southeast Asia1, the Philippines is set for further economic growth making it one of the safest and most up and coming investment markets in the region.
Makati CBD
One of the 17 cities of Metro Manila, Makati is the financial and commercial heart of the Philippines, and one of the most important economic hubs in Asia, currently serving a population of over 20 million people. Economic activity in Manila accounts for 33% of the nation's GDP and has been ranked 40th richest city in the world, and expected to climb to 33 by 2025.
Manila in Numbers
• The FACTS.
- - Asia's no.1 performing stock market
- - 2nd wealthiest metropolitan area in SE Asia
- - 33% of Philippine GDP generated in Manila
- - Number 1 for Business Process Outsourcing
- - 40th richest city in the world
- - Worlds 3rd largest English speaking country
- - 5th most populous metropolis in the world
- - 5th largest urban area in the world
- - 9.6% economic growth forecasted for 2012
- - No.1 financial centre in the Philippines
- - Imports rose by 31.5% or $14.6 billion in 2010
- - Government Investment pledges rose by 73%
HSBC study: PHL to become world's 16th largest economy by 2050.
The global research department of HSBC recently released a report predicting the rise and fall of the world's economies over the next 40 years. the report anticipated that by 2050, the Philippines will jump 27 places to become the world's 16th largest economy.
Property Spotlight
• TRUMP TOWER MANILA.
Trump Tower Manila is the first Trump-branded residential condominium in the Philippines.
Launching the Trump name into the Philippines a $150m luxury residential skyscraper located in an iconic Makati CBD landmark mixed use development. The tower will boast over 220 spacious units arranged over 56 storeys, ranging from 1-4 bedroom apartments and penthouses, averaging 107.83 sq. m., with luxury interiors based on some of Manhattan's most iconic neighbourhoods; Downtown Soho, Park Avenue and Fifth Avenue.
Standing at 250 metres, it will be one of the tallest buildings in the Philippines upon its completion, offering outstanding views of the Makati skyline, Mandaluyong City, and Fort Bonifacio Global City. .