BRIA Homes to launch new projects for OFWs
OFW investments have become a major driver of the Philippine real estate market.
Data from the Bangko Sentral ng Pilipinas showed that OFWs remitted $33.2 billion in 2020, with a 12-percent increase ($2.06 billion) halfway through 2021. A chunk of this windfall has been funneled into property investments, with OFWs as end-users.
This buoyant outlook is not lost on BRIA Homes, a leader in affordable housing development, has a range of residential options. With over 50 BRIA projects across the country, BRIA gives OFWs a chance to set up a comfortable life in or near their hometowns or in any province they choose.
To boost their property development, BRIA is poised to launch six future-proof new developments in key locations in the country: Astra Calamba in Laguna, Astra General Trias in Cavite and Bria Homes Baras in Rizal, San Fernando in Pampanga, Danao City in Cebu and Bay in Laguna.
BRIA’s expansion validates its image as the home of choice for OFWs, who likewise seek the means to gain passive income. With financial literacy programs available to OFWs anywhere abroad, they now make well-informed choices about how to grow their money — and grow their money when they invest in houses that they can turn into office and home rentals. This, in turn, allows them to forge a stable future for their families.