Philippine real estate market: Outlook remains rosy, but challenges loom on the horizon

MANILA, Phillippines, March 23, 2015 /PRNewswire/ — With the latest economic growth rate at 6.1%, second only to China, a growing service sector, and rising foreign investments, the Philippines remains one of the world's bright spots. "We expect the property markets to remain active throughout the year," shared KMC MAG Group Managing Director Michael McCullough. McCullough noted that the rise …