CEBU has become the country’s fastest-growing metropolis, being the top choice of business process outsourcing (BPO) companies as an expansion area outside Metro Manila.

While bullish on the Metro Cebu property market, real estate services firm CB Richard Ellis Philippines said economic growth and the environment must be sustained, such as by addressing power supply.

“This growth in Metro Cebu comes with a price. The rapid expansion has led to a strain in the supply of power and potable water in the area,” CB Richard Ellis said in its property market overview. GMANews.TV