Seibu Tower BGC Taguig City

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Philippines – Metro Manila, Philippines has an excellent gross rental yield of 8.62percent per annum (total yearly gross rent divided by the house price and expressed as a percentage), putting it above of most of the metropolitan cities in Asia. It is no wonder that rental management is a thriving industry. For some rental management companies, the next move is to go into development, provided the right factors are in place. Such was the case for founders of GFL Metro Communities. “We were offered the opportunity by Manila Bank to purchase a 1,600 square meter lot in Bonifacio Global City. Foreseeing the potential expansion of this prime area Golden Forum Land proceeded with the transaction and conceptualized Seibu Tower,”shares Harvard Yu, GFL Metro Communities’ president.

Golden Forum Land (GFL) Metro Communities Inc. has been developing real estate for almost a decade. Its landmark project, the Seibu Tower, is a premium 28-storey building along millionaire’s row — that strip occupied by high-end condominiums in Bonifacio Global City— is testament to GFL Metro Communities’ vision of giving clients quality,well thought of living spaces that emphasize innovation and leisure, at value for money prices.

So what makes the company tick?

Taken from:

http://www.philstar.com/Article.aspx?articleId=821992&publicationSubCategoryId=76

Posted by:

Jonas Montemayor
Real Estate Broker
PRC License #: 0007396

Please call: 926-74-20

Member: Philippine Association of Real Estate Boards – City of Taguig Real Estate Board

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