2nd Philippine Property Show in Middle East
to be held in Abu Dhabi
Now is the time again to invest in the Philippines
September 8, 2009: The 2nd Philippine Property Show in the
Middle East will be held in Abu Dhabi on October 2 and 3, 2009 at the
Abu Dhabi Chamber of Commerce and Industry conference hall.
According to the event’s project director, Mr. Jovy Tuano who is a
prominent Philippine property consultant based in the capital city, now
is the time again for buyers and investors to take a second look at the
Philippines as a stable investment and tourism destination.
“The real estate market in the Philippines has experienced a nominal
growth of 10% year-on-year for the past five years. Until today it has
remained stable and competitive since most of the buyers are end-users
and not speculators,” explained Tuano.
In the first edition held in Dubai in September 2008, the show
attracted about 1,500 pre-qualified buyers consisting of Filipinos and
other expatriates from Abu Dhabi, Dubai, Sharjah, Ajman and Ras Al
Kaimah. The show generated close to 500 million pesos (AED38 million)
worth of investments in Philippine real estate projects built by top
licensed developers namely, Megaworld, SM Development, AyalaLand,
AboitizLand, Canyon Woods, Camp John Hay of Fil-Estate, and Suntrust
Properties.
Tuano added: “We decided to hold the event in Abu Dhabi because of
the capital city’s strong economic fundamentals which is reflective of
the residents’ high purchasing power. We are delighted and honored that
the Abu Dhabi Chamber of Commerce and Industry openly welcomed us.”
Exhibition timing will be from 10 am to 8 pm on both days, Friday and
Saturday. Admission is free.
Pre-register
NOW to start your exciting experience.
|
Special Message
from
the
Philippine Ambassador
|
| Congratulations to the
organizers for the timeliness of the First Philippine Property
show in Dubai.
A fitting welcome for those looking to buy a home, the
property show offers a wide variety of highly affordable
properties built by reliable developers at prime locations in
Metro Manila and the country side.
In a world shrunk by high technology in communications, the
First Philippine Property Show provides a menu of choices to
seize the opportunity to relax in a home of your own and pursue
your passion. Make the Philippines your home. Spend time with
the family and friends. Live with the spirit of adventure.
Discover the Philippines' natural beauty. Experience the
pleasant unexpected.
Now is the time to come and live in the Philippines!
Mabuhay and more power!
LIBRAN N. CABACTULAN
Ambassador
Abu Dhabi
17 August 2008 |
One-Stop Philippine Property Shopping at its Best
LiVe-WoRk-pLaY-sHoP-LeArN
master-planned developments
50 prime locations in Metro Manila
and in beautiful countryside
more than 1000 available units
foreign ownership with
titles
no down-payment/ zero-interest schemes
easy pay in-house financing
low-interest bank loans
up to 10 years to pay
promotional offers
special discounts
With the current boom in the regional real estate &
property market, Dubai continues to be a world-class platform which is
an important venue for property and real estate exhibitions. There is
also a growing trend among UAE-based expatriates like Filipinos,
Indians, Arabs and Europeans to invest in properties located in their
home countries and other Asian destinations like the Philippines.
The 1st Philippine Property Show positions itself as the
premier event in the Middle East that will attract middle to high-income
Overseas Filipinos and foreigner investors to buy from reliable
developers from the Philippines in a professional environment with the
support of the Department of Trade & Industry, financial institutions,
media partners and locally-based sales network.
FACTS & FIGURES
Market Reach : 50,000
people = 20% of 250,000 Overseas Filipinos in United Arab Emirates plus
nearby Gulf States
Target Visitor Attendance:
1000-1500 visitor – investors
Visitor profile : 80%
middle to income Filipino professionals
from Telecom, Airline, Construction, Oil & Gas, Hospitality, Finance &
Banking, Real Estate Development, Advertising, Retail and Manufacturing
Industries
20% other nationals –
institutional and individual investors; foreigners married to Filipinos
PROJECTED SALES GENERATION
PRE-SHOW/ ON-SHOW/ POST-SHOW
Half a Billion Pesos
(PHP500 million/ USD 12.5 million)
Based on 20% sales
conversion rate of targeted visitor attendance
of 1000 pax Average Contract Price of Property: PHP 2.5 million
(USD62,500)
Get a Slice of the Market!
and Get a Chance to Win a 2 nights,/3 days Hotel Stay in Manila or in
Tagaytay Taal Vista Lodge for two with Global City Tour; or a chance to
WIN a Hamilo Coast Dubai Dinner Cruise for Two and other gifts during
the show.
On behalf of the Philippine Department of Tourism, I extend my warm
greetings to the participants of the 1st Philippines Property Show which
will be held on September 26 to 27, 2008 in Dubai, United Arab Emirates.
The Philippines is the place where your dream lifestyle turns into a
reality. Every property is a community in itself – everything within
your reach. While the real estate sector performs a significant role in
nation building, complementary industries such as tourism, trade,
commerce, transportation and communication, among others, play an
integral role in economic development. It is our commitment to sustain
our country’s economy by bringing in a fresh wave of investments through
real estate innovation and promotion.
We take this opportunity to invite everyone to come, stay, live your
dream and explore a treasure trove of 7,107 islands filled with
wonderful discoveries that include our rich history and culture, lush
tropical landscapes, luxurious hotels and resorts, up-market and bargain
shopping centers, exciting outdoor and nightfall activities, a variety
of dining places that serve exotic concoctions of culinary wizardry…and
above all, experience the warmest and friendliest welcome that is
absolutely beyond the usual.
Mabuhay!
JOSEPH H. DURANO
Secretary
