Lifestyle

Manila Has Been Named as One of the World's Most Dynamic Cities

Things are looking up.
IMAGE WIKIMEDIA COMMONS
Comments

Jones Lang LaSalle's City Momentum Index 2020 has named Manila as one of the world's most dynamic cities.

Hyderabad topped the list along with other Indian cities such as Bengaluru, Chennai, Delhi, and more. While in Southeast Asia, Ho Chi Minh City, Hanoi, and Manila exhibited remarkable dynamism.

The index describes Manila favorably: "Advantageous demographics, a robust domestic economy and a skilled talent base are supporting a dynamic real estate market. Business Processing Outsourcing (BPO) is driving office net absorption, as the sector moves into higher-value activities such as animation, gaming, and healthcare."

The index takes socio-economic and commercial property metrics to "provide fresh insights into the rapidly evolving geography of business activity." Since Jones Lang LaSalle is a real estate company, the list sees Manila's growth as a resilient and responsible city from a real estate perspective. Check out the list below.

ADVERTISEMENT - CONTINUE READING BELOW
  1. Hyderabad
  2. Bengaluru
  3. Ho Chi Minh City
  4. Nairobi
  5. Chennai
  6. Delhi
  7. Hanoi
  8. Manila
  9. Silicon Valley
  10. Shenzhen

Fast-paced cities like those in the list, however, will soon face the greatest challenges that come with rapid urban growth. These include environmental degradation, congestion, overcrowding, social inequality, homelessness, security, and affordability.

The on-going construction work that Manila is undergoing will definitely solve congestion and unbalanced development, but climate change and the rising sea levels will be a major problem in the near future.

Comments
View More Articles About:
Recommended Videos
About The Author
Paolo Chua
Associate Style Editor
View Other Articles From Paolo
Comments
Latest Feed
 
Share
Often untold but never forgotten, the Wha Chi battalion fought alongside Filipino soldiers in the fight against the Japanese.
 
Share
It's dressed up in red and looks cool as hell.
 
Share
From Gerald Anderson's favorite perfume to Jake Cuenca's day and night options, here are six different fragrances that the country's leading men wear.
 
Share
Featuring the coolest logo tees and sweatshirts.
 
Share
It’s the second year in a row that Filipinos won the prestigious competition.
 
Share
President Manuel Quezon looks handsome in this rare photo taken in 1922.
 
Share
UP Diliman had the most single students in the study.
 
Share
As of February 17, there are currently 171 persons under investigation for COVID-19.
 
Share
Load More Articles
Connect With Us