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Beat inflation with a Ridgewood investment
THE Philippine real estate industry is now on the road to full recovery, with many developers resuming their construction activities and some even launching new projects.
Last year, local housing market prices increased by an average of 6.4%. When it comes to beating inflation via property investment, perhaps nothing beats getting a unit at Ridgewood Premier Hotel located along CP Garcia Avenue, Taguig City.
With Ridgewood utilizing your unit as part of its condotel services, you will receive a guaranteed 6% return per annum. This alone can make up for your investment value loss due to inflation.
If the hotel occupancy rate stays healthy throughout the year, unit owners will enjoy an additional return of up to demand will likely see interest continue to rise, although there a few things to monitor. Firstly, Metro Manila condo prices began to surge upwards which could make things too expensive for some.
According to research from the Bangko Sentral ng Pilipinas, prices for condo units in Metro Manila rose by 12 percent in the third quarter of 2022 when compared to the second quarter and 26.7 percent year-on-year.
Additionally, some experts have warned that interest rate hikes from the BSP may hinder the property market’s recovery in 2023 with the Metro Manila condo sector among the most likely residential segments to be affected.
6%. Taken together, that’s up to 12% return per annum — way above the inflation rate.
The hotel’s grand opening is scheduled for later this year. Learn more about how Ridgewood Premier Hotel can trump high inflation in 2023. Call 8882-7995 or (0917) 8084905.
