Forecaststs for the real estate industry in 2021 show that property as an investment remains a stable and safe option, with upcoming developments in the country’s business environment and national infrastructure projects set for completion. Industry experts assert that the property sector has “continuously displayed resilience over the last decade, posting record high-levels in take-up, supply, prices, and land values.”Likewise, data from research show that despite the pandemic, property investments yield steady and lucrative returns, preserve wealth, and generate capital appreciation, showing how real estate is one of the best long-term investments for individuals and families. All these points out the fact that the real estate industry remains one of the safest spheres for investors who seek passive income. In their latest report, global real estate services firm Cushman and Wakefield disclose that in spite of an expected slow economic recovery caused by the pandemic, business developments combined with the resumption of national infrastructure projects this year will encourage plenty of real estate activities from buyers and sellers. For more information, please visit: https://ohmyhome.com/en-ph or download the app at https://ohmyhome.com/download-app.

Source: Manila Times March 10, 2021 16:07 UTC