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Construction Boom near BGC! The Booming McKinley West in Taguig! 🇵🇭 

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Adjacent to Bonifacio Global City (BGC) is McKinley West. This 34.5-hectare booming township is strategically located in one of the four corners of Fort Bonifacio.
McKinley West is Megaworld’s 34.5-hectare ultra-high-end township on the former JUSMAG property in Fort Bonifacio beside Forbes Park and Manila Polo Club.
McKinley West is also home to multinational
corporations, BPOs, international schools, and embassies.
The Philippines is experiencing a construction boom in the last decade.
Following an annual growth of 12.1% in 2022, the Philippine construction industry is expected to expand by 7% in real terms in 2023, supported by improving economic conditions public and private sector investment in infrastructure, energy, educational and healthcare facilities, coupled with an improvement in tourism and leisure and hospitality activities.
The value of Real Estate market is projected to reach US$5.96tn in 2023. Residential Real Estate dominates the market with a projected market volume of US$5.21tn in 2023. The value is expected to show an annual growth rate (CAGR
2023-2028) of 1.94%, resulting in a market volume of US$6.56tn by 2028.
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8 сен 2024

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