Emerging Property are pleased to announce the imminent release of luxury condominiums for sale in Manila's most exclusive district of Rockwell. This will be Manila's first waterfront property development and as such it is already considered an iconic property which is expected to propel significant levels of buyer interest both during construction and upon completion.

The highly sort-after district of Rockwell is located in the heart of Manila and has seen some of the highest growth in property values in recent years. This Manila district has a very limited supply of condominiums under-construction, therefore, prices are forecast to continue to rise sharply.

Colliers Manila Real Estate Market Report Q4, 2010: Rockwell outperformed all other districts in Manila including Makati CBD and Bonifacio Global City.

Currently 10% rental yields are achievable, particularly with a new build purchased on first release when prices are at their lowest.

Real Estate In Manilia | Prices Increasing

Prices of property in Manila are widely expected to continue to increase over the next 10 years in line with the economic success that the Philippines and Asia are currently enjoying.

Chairman of the Philippine Business Council, Tuano, "The Philippine real estate market has experienced a nominal year-on-year growth of 10 per cent for the last five years, despite recent events affecting the global property market".

James Harrington of Emerging Property says, "There are numerous condo's in Manila for sale and most are likely to follow this growth trend somewhat during the years ahead."

"However, we always search for real estate that has as many unique features as possible in terms of facilities, design and location. The more unique, the easier it is to both resell and rent with higher returns."

"In fact, this particular new luxury condo development has such special appeal that it is fair to say it has iconic status. That's clearly great for investors, since as a general rule, the top end of the Manila property market will always attract buyers. Not only that, but the luxury market will often see higher growth than average units as wealthy buyers are prepared to pay whatever it takes to own a high quality apartment, particularly in Rockwell, Manila."

Manila is currently the worlds 40th richest city, expected to be 33rd by 2025: Global city GDP rankings 2008-2025. Pricewaterhouse Coopers

Next steps | Property In Manila

Now is a good time to invest in Manila Property and investing during the off-plan stage with this high quality developer has proven to be lucrative for investors with their past developments. Ask us for details.