Market Updates
The Philippine real estate market could recover faster than expected as it is already seeing signs of improvement, a property services firm said. In a statement, Leechiu Property Consultants president and CEO David Leechiu said 2021 would not be all smooth sailing. “But we will recover faster than expected due to a confluence of factors…
THE real estate industry in Cebu is gearing up for a stronger rebound this year. According to Colliers International Philippines, the real estate interest in the country has not waned despite the coronavirus pandemic. Most of this interest stems from the overseas Filipinos and property seekers looking mostly into provincial cities, especially those with large…
The demand for residential property in Cebu will likely bounce back this year, according to top property consultancy firm Colliers, as reported by the Manila Times. The firm attributed this optimistic outlook to the Visayan metro remaining to be a top choice when it comes to investments made outside the capital region. The developments that have…
The worst is over for the Philippine property market due to various favorable factors, although the projected office space take-up remained low at 380,000 square meters only or 70 percent lower than the 1.9 million sqm recorded in 2019, according to the country’s leading property and management consultancy firm. David Leechiu, president and CEO of…