House Price Change 5 Years in Philippines compared to Asia
The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).
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| Pakistan |
69.93%
|
| Sri Lanka |
62.55%
|
| Taiwan |
41.77%
|
| Singapore |
36.48%
|
| Japan |
36.37%
|
| South Korea |
35.39%
|
| Thailand |
16.83%
|
| China |
15.53%
|
| Indonesia |
9.77%
|
| Malaysia |
7.05%
|
| Hong Kong |
6.25%
|
| Macau |
1.01%
|
| Cambodia |
0.00%
|
| Vietnam |
0.00%
|
| Georgia |
0.00%
|
| Philippines |
-0.73%
|
| India |
-3.85%
|
| Mongolia |
-8.40%
|
Philippines does not publish official house price statistics. Colliers International has quarterly data of capital values in the Makati-CBD. Economics statistics are available from government agencies - Bangko Sentral ng Pilipinas, National Statistical Coordination Board and National Economic Development Agency.