Reclaimed land is hot in Manila amid space crunch as economy booms

Fri, Jul 28, 2017 - 5:50 AM

As land becomes scarce and prices surge, developers find it more cost-effective to reclaim land than convert industrial estates.

PHOTO: AFP

Manila

IN Manila, the crowded Philippine capital of more than 12 million inhabitants, land that was reclaimed from the sea is selling like hot cakes.

Real estate values in the Manila Bay area, home to casinos like City of Dreams Manila and Solaire Resort and Casino, are projected

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