{
    "success": true,
    "data": {
        "id": 1512748,
        "msgid": "rp-property-slows-down-1447893297",
        "date": "1997-09-29 00:00:00",
        "title": "RP property slows down",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "RP property slows down MANILA (AFP): The Philippine property market is facing a slowdown but will not suffer a glut and will still remain profitable, the head of a property giant said in a speech released Saturday. Jaime Zobel de Ayala, president of real estate-based conglomerate, Ayala Corp., said \"it is wrong to see the real estate industry as in a stage of decline.",
        "content": "<p>RP property slows down<\/p>\n<p>MANILA (AFP): The Philippine property market is facing a<br>\nslowdown but will not suffer a glut and will still remain<br>\nprofitable, the head of a property giant said in a speech<br>\nreleased Saturday.<\/p>\n<p>Jaime Zobel de Ayala, president of real estate-based<br>\nconglomerate, Ayala Corp., said &quot;it is wrong to see the real<br>\nestate industry as in a stage of decline. We see it rather as in<br>\na stage of consolidation and adjustment.&quot;<\/p>\n<p>Zobel de Ayala said that while the price of property stocks<br>\nhad fallen, land values and rental prices had remained stable,<br>\nadding that there were real opportunities as well as real<br>\nproblems ahead.<\/p>\n<p>Demand was still strong for upper-class residences, middle-<br>\nclass housing, retail space and industrial lots, Zobel de Ayala<br>\nsaid.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/rp-property-slows-down-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}