http://cbre.com.ph/Local-Publications/Metro%20Manila%20MarketView%204Q2011.pdf
Quick Stats
GDP Growth (4Q2011) 3.7%
GNI Growth (4Q2011) 3.5%
Forex (Feb‘12) wtd avg. PhP42.66: US$1
91-Tbill (Mar’12) 2.148%
5-year Tbond Rate (Jan ‘11) 4.674%
7-year Tbond Rate (Feb’12) 5.00%
Inflation (Feb’12) 2.70%
Phisix (29 Feb’12) close 4,897.65
Hot Topics:
• Low office vacancy rates sustained on the back of strong expansionary demand
• Demand for luxury condominiums supported by growth in expatriate population
• High consumer spending spurs further expansion of retail brands
• Lease rates stable on the back of weaker export demand
Filed under: Real Estate, 2011, 4th Quarter, Asia, Business and Economy, cbre, Market View, Metro manila, National Capital Region, Real Estate