Thursday, November 21, 2019

Mar 10 19, 12:26 pm

Al Ain underwater; 10 Emiratis rescued from flash floods 

Ten Emiratis were rescued by emergency teams from flash floods in Al Ain Wadi yesterday amid rains brought about by inclement weather, Abu Dhabi Police today reported. According to Abu Dhabi Police the  men and women were trapped and surrounded by water in Wadi Saa....

OFW nurse dies in Texas after ‘hit and run’ incident

An overseas Filipino worker (OFW) who worked as a nurse in Texas, USA died an apparent victim of an alleged hit-and-run incident. Forty-six-year-old Joyce Cawis was a native of La Trinidad, Benguet. She left behind two children and worked as a nurse in Garland City....

77-year-old woman loses $14,000 to budol-budol gang

A 77-year old woman lost her savings of more than 10 years from a budol-bufol group. "Nagtataka ako sa sarili ko hindi naman ako napakabobo...nagpe-pray ako lagi na patawarin ko sarili ko," the woman told ABS-CBN News. She recounted that the scheme took 12 hours for...

NAIA employee returns $4,700 money found in food court

An honest employee at the Ninoy Aquino International Airport (NAIA) today returned an envelope with $4,700 or at least Php239,079. Emiline Herrera works as a food serve at Terminal 1 when she saw an envelope and thought that it's already a trash. "Akala ko po kalat...

PH edges out Paris, Tokyo, Boston as hottest luxury home market in the world

by | Feature, Finance

Mar. 10, 19 | 12:26 pm

Luxury properties are selling like hot cakes in Manila, property consultant Knight Frank reported, driven by the robust economic growth and big appetite of wealthy foreigners for upscale residences.

In its Prime International Residential Index, Knight Frank said that Manila was able to edge out other major luxury home markets like Tokyo, Boston, London, Singapore and Paris, as posh property prices in the Philippine capital shot up by 11 percent in 2018.

The index ranked the top 100 cities on the basis of prices of luxury homes. It aims to provide consultancy clients marketing opportunities.

Despite significant increase in prices of luxury homes in Manila, the growth rate remained significantly lower compared to previous top performing markets, which average around 21 percent price increase.

The property consultant attributed the slower growth rate to the end of the so-called “ultra-low interest era,” which started boosting real estate prices worldwide at the start of 2008.

Also, construction of luxury properties in Manila remained low as developers focused on more affordable housing projects.

At present, there are only four luxury residential properties in pre-selling stage and would be available in the next five years.

The longest-running, most trusted and biggest Philippine investment event in the Middle East region, Philippine Property and Investment Exhibition (PPIE), is back. It has helped thousands of OFWs own their very own home. Be part of PPIE 2019 on April 26-27 to reach your aspired home. Like @ppieuae on facebook to get tips and alerts on unbeatable deals.

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NAIA employee returns $4,700 money found in food court

An honest employee at the Ninoy Aquino International Airport (NAIA) today returned an envelope with $4,700 or at least Php239,079. Emiline Herrera works as a food serve at Terminal 1 when she saw an envelope and thought that it's already a trash. "Akala ko po kalat...

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

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