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Monday, May 13, 2019

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Real Estate Forecast in Davao

Davao Review Guide


Davao Review Guide
Davao Review Guide
Topic: Economy,Business Sector,Philippines,Mindanao,Davao Region,Davao City

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Real Estate Forecast in Davao

One of the fastest growing region in Mindanao,where lots of business opportunities are said to be abundance.Over the years investors are keen to renewed their interest in Davao Region particularly Davao City, Due in fact to its strategic location considered to be the regional trade center in southern mindanao where commerce and trade takes place as well as international trade or the BIMP-EAGA generally expected to create growth and more development within the Philippines and the south-asean nation.

All of this economic activities are all indicative it tells us one thing that davao's Ecomony is booming.

More Developments Are Coming

davao review guide
Economic Landscape of Davao



Well davao region offers sustainable business growth within the Business Sector and the economic landscape sustain an outstanding growth forecast according to The Department of Trade & Industry.

It can be attributed to the regions vast natural resources,conducive business environment,reliable facilities & manpower and investment on competitive human resources and of course the peace & order of the region as it was advocated by the president.


Major Real Estate Industry Players

As far as developments and properties are concerned,davao's real estate situation is expanding aggressively over the years in the region,much of the key players are pre occupied with their up coming projects and development.The online property portal Lamudi Philippines also cited that davao city are among the most sought after searches for properties & investment opportunity as well as inquiries.

More & more developments on residential condominiums,high rise buildings,subdivisions,resorts & residences,hotels and restaurants,small & medium business enterprise are thriving in davao's booming Economy.

Most of the key property developers seen davao as an economic opportunity where business growth is essential,Thus to mention Megaworld Inc has tremendous project development in lanang,Where the davao park district One Lakeshore Drive residential condominium the megaworld's first township development in davao will soon rise.

There's Cebu Landmasters, Inc. (CLI) has unveiled P12.6 billion worth of projects in Davao City, strengthening its presence in the country’s second fastest growing economy.The listed property developer broke ground for the 22-hectare Davao Global Township (DGT) in partnership with the Villa-Abrille family through YHEST Realty & Development Corp.

Ayala Land is set to focus on their newest project Azuela Cove is just one of the major project under Alveo land Belt,The unveiling of PhP: 25-billion project between Ayala and Alcantara through Azuela Cove was unveiled last august 2017. This is a partnership between real estate giant and a homegrown brand in a effort to capitalize the location of the development to attract potential investors.

So whats happening here is a lot more expectations more business growth are expected to drive more economic activities in davao,Well we can only conclude that Davao is definitely the next big thing.




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Category: Real Estate
Project: One Lakeshore Drive | Davao Park District
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