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The only recommendation of experts
North America, Malaysia, Guam and the Middle East—they all claim to be the best investment sites. But when you compare today's growth and future potential such as the speed of developments, confirmed development projects, urban developments, and rapid inflow of population, Subic is your obvious choice.
Best Investment
Rapid Increase of Overseas Real-estate Investments
As the regulation of individual investors and acquisition of overseas real-estate were eased in 2006, the number of overseas real-estate acquisition increased by 13 times, and the total amount of investments increased by 15 times. According to the Bank of Korea, the number of foreign real-estate acquisitions increased from 39 cases (2.3 million Dollars) in 2004 to 47 cases (22.7 million Dollars) in 2005 to 2,385 cases (775.1 million Dollars) in 2006. The number of individual investors increased dramatically, totaling up 1,268 cases (514 million Dollars), which makes up 53% of total investments last year.
The Center of Investments is moving to Southeast Asia
The center of investments is changing from North American countries such as the United States and Canada into Southeast Asian and Central Asian countries such as the Philippines, Malaysia, and Indonesia. It is forecasted that investor interest in the Philippines will increase thanks to the less strict regulations than areas with peaking real-estate prices such as Dubai.
Overseas real-estate investments in first half of 2006: 2003 cases, worth 140 million Dollars.
Status of Real-estate in Subic
Subic suffers from lack of housing due to the rapid increase in population, and the Filipino Government is carrying out real-estate development policies. Since the supply of housing does not meet the demands, the values of real-estate are increasing on a daily basis.
Monthly Rent of Villas: average of 1 million Won a year, 1.5 million Won for residences and luxury villas.
Average Increase Rate of Rent: about 30% a year.
Tax Exemption: 5% of Ordinary Profit (Sales-Expenditure) according to Subic Special Law / Issues registers and certificate of parcel rights, sales tax is 10% of sales price.
Subic is the Number One overseas investment point!
