(First of Two Parts)
 
The Philippine real estate industry, and the economy in general, are quietly moving forward despite the distracting backdrop of various politicians jockeying for position as focus on the campaign for the 2016 national polls takes center stage.
 
The country’s gross domestic product (GDP) grew by 5.2% during the first half of the year based on the latest Philippine Statistics Authority (PSA) data. This is below the 6%-target, and underspending by the government is the usual punching bag especially now that national elections are looming. But government spending is expected to accelerate due to the number of approved, and ongoing infrastructure projects.
 
Real estate developers and players are banking on more sales by the end of the year, and are planning to take advantage of the increased spending during the election season.
 
Go with the flow. With national politics in the spotlight, real estate players are seeking to take advantage of increased spending during the campaign season.