"You've got to really look and say this investment could be for ten, 15, up to 18 years, " says Anna Sofat, director at wealth management service Addidi Wealth.
"The investment grade rating substantiates all the progress Philippines has made in terms of fiscal sustainability, reforms, and improved growth outlook, " said Prakriti Sofat from Barclays Capital in Singapore.
Generally people want to buy near the financial and commercial areas, and popular developments and central neighbourhoods such as Damacor, Mahaai, Van Engelen, Jan Sofat and the areas of Spanish Water Bay and Jan Thiel Bay.