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Bacolod realtyBacolod realty market has boomed over the past few years, propelled by the economy's rebound. The bacolod realty market has boomed over the past few years, propelled by the economy's rebound, foreign investment and easy credit. Prices have skyrocketed and banks have been handing out property loans at frenzied levels. Bacolod realty, Then along came Thailand's recent real-estate meltdown: a huge property glut in the overheated market collapsed prices and brought dozens of finance companies to their knees. Even without the rumors, however, analysts found reasons to be concerned about world, bacolod realty. They pointed to the sheer number of its high-rise projects: 15 are ongoing, while five more are planned, bringing the total cost to 40 billion pesos ($1.5 billion). "world raised only [$19 million] from its [initial share offering] and demands a 50% down payment on its pre-selling for the units," says Noel Reyes, vice president for research at Real estate - bacolod realty.
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