Real Estate Investment Portfolio And Real Estate Investment Climate In Batangas Province
Volume 1 - Issue 6, December 2017 Edition
[Download Full Paper]
Author(s)
Gemar G. Perez
Keywords
Real Estate, Investment Portfolio, Investment Climate, Batangas Province
Abstract
This study aimed to characterize the real estate investment portfolio and describe the real estate investment climate in Batangas province particularly the residential real estate property. The researcher used descriptive research design to attain its objective. Questionnaire is the primary instrument used to gather pertinent data from the 391 residential real estate investors from different subdivisions and condominium projects within Batangas province. The researcher used stratified proportional random sampling to determine the qualified respondents of the study In order to analyze the data gathered, frequency, percentage, mean and One way Analysis of Variance were utilized. Findings revealed that the common real estate investment portfolio in Batangas province are single detached properties, funded through their salary, paid through instalment basis and owned the property for 6 to 10 years. The status of real estate investment climate is favorable in terms of socio-cultural, technological, economic, ecological and political aspects. There is significant difference on the assessment of the respondents to socio-cultural aspect when grouped according to source of fund to buy the property and years of ownership; technological aspect when grouped according to source of fund to buy the property; economic aspect when respondents are grouped according to source of fund and financial option to buy the property; ecological aspect when respondents are grouped according to financial option to buy the property; political aspect when respondents are grouped according to real estate property purchased and source of fund to buy the property.
References
[1]. Economy Watch. (2013, May 27). Philippine Economy. http://www.economywatch.com/world_economy/philippines
[2]. K. Wong. (2015, February 5). The Many Different Types of Investments, and How They Work. Retrieved May 25, 2016, from Two Cents: http://twocents.lifehacker.com/the-many-different-types-of-investments-and-how-they-w-1683582510
[3]. Trading Economics. (2016, May 19). Philippines GDP Annual Growth Rate . Retrieved May 25, 2016, from Trading Economics: http://www.tradingeconomics.com/philippines/gdp-growth-annual
[4]. Bangko Sentral ng Pilipinas. (2014). Report on Economic and Financial Developments Fourth Quarter 2014. Malate, Manila: Bangko Sentral ng Pilipinas.
[5]. R. M. Garcia. (2016, January 15). PH real estate to grow in 2016. Retrieved July 31, 2016, from THE MANILA STNDARD: http://thestandard.com.ph/real-estate/196889/ph-real-estate-to-grow-in-2016.html
[6]. Inquirer.net. (2016, March 23). Why you should care for issues affecting the Philippines’ real estate sector? Retrieved July 30, 2016, from Inquirer.net: http://business.inquirer.net/208866/why-you-should-care-for-issues-affecting-the-philippines-real-estate-sector
[7]. Batangas-Philippines.com. (2012). Batangas Real Estate. Retrieved July 31, 2016, from Batangas-Philippines.com: http://www.batangas-philippines.com/real-estate.html
[8]. N. Nunninghon and B. Haynes. (2011). Examining the Building Selection Decision-making Process within Corporate Relocations : To Design and Evaluate a Client Focused Tool to Support Objective Decision Making. Journal of Corporate Real Estate, 13 (2), 109-121. Sheffield Hallam University
[9]. McKinsey & Company. (2010). Energy Efficiency: A Compelling Global Resources. Austria: McKinsey & Company
[10]. S. Cho. (2016, August 26). Macroeconomics and Macreconomics at CTY. Shanghai, Shanghai, China.
[11]. D. de la Cruz.. (20014). National Air Quality Status Report (2003-2004). Quezon City: Environmental Management Bureau.