PHL-based property search portals prepare for ASEAN Integration

A property search portal, along with its affiliated websites, is readying to list real estate developments not just in the Philippines but also those located in neighboring countries in the ASEAN region. 

 

PropertyAsia.ph, together with CondoAsia.ph and HouseAsia.ph, claims to be the first to feature properties for sale and for rent outside the Philippines ahead of the ASEAN economic integration at the end of the year. To kick off this expansion, the property search portal is set to list real estate developments in Singapore. 

 

"Right now, PropertyAsia.ph only carries Philippine property listings. But expect a fairly large number of property listings from Singapore soon as we grow our industry partners in the Philippines and in Singapore, and our roster of investors, which includes Crystal Horse Investments Pte Ltd. in Singapore," said PropertyAsia.ph managing director Joeri Stegeman. 

 

The ASEAN economic integration is expected to generate 14 million jobs in the next 10 years as companies build new malls and retail complexes and foreign investors turn to the ASEAN region for manpower in light of freer flow of goods, services, investment, and skilled labor among the 10-member countries in the region. 

 

"To realize the goals of the ASEAN Integration, Southeast Asian countries are expected to intensify real estate and construction activities, thus creating a stiffer, but healthier, competition among them.

 

"Our websites are created to level the playing field among regional industry players in exposing their properties and global real property seekers to find condominiums, house and lots, and office spaces, among others, that suit their ever-changing needs," Stegeman added. – Trisha Macas/VS, GMA News