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East Asian Real Estate investors eye Davao as retirement haven

Japanese and Korean investors are considering sites in Davao City for retirement villages of their foreign nationals.

Teolulo Pasawa, Department of Trade and Industry city director for Davao City in an interview said that these investors are just validating the areas even as he said that they already had registered their businesses at the Securities and Exchange Corporation (SEC).

He said the Japanese investor still has to conduct ocular on the recommended sites where the basic requirement is accessibility to medical facilities. (more…)

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