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Prestige Homes Group have to hand a number of overseas property developments - Trump Towers Manila is one of most exclusive developments of 2012

Trump Towers in Manila

Trump Tower Manilla

Philippine-based property firm Century Properties are due to bring the renowned Trump name to the Philippines. They are due to start construction on the US$150 million Trump Tower Manila.

The Century City Development Corporation will oversee the development. They are a member of the Century Properties Group, and have the licence to market the development under the name of the New York-based Trump.

The new development will comprise of approximately 220 residential units. It is expected to become one of the Philippines tallest buildings; it should be 250 metres and located at Century City, the newest development of Manila based Century Properties right in the financial hub, Makati City.

  • Huge choice of developments, from off-plan to new build are waiting...
  • Now has never been a better time to invest in a property abroad
  • Banks are now beginning to offer 90% mortgages
  • Uncertainty in the pension market could make property investment an ideal alternative

 

In further detail - everything you need to know

Widening spreads on mortgage lending and stable dwelling prices have encouraged banks to tentatively lift lending volumes.
Manila, Philippines is a thriving business hub, in which demand for new build residential property has dramatically increased.
Countries which underwent building booms, such as Ireland and Spain, continue to record falling prices. In the short-term, a recovery in prices may be sustained due to low mortgage costs for existing homeowners, although the upturn may prove fragile as confidence could take a knock from renewed financial market volatility.

At present Trump is one of the biggest names in Property Development and this is one of the most exclusive developments of this year.

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