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Dynamic property market poised for 2026
Manila Bulletin
|January 11, 2026
Colliers Philippines reveals real estate trends that are shaping the office, residential, and office markets
In 2026, the Metro Manila real estate and emerging regional hubs remain an active market marked by office recovery, retail resilience, industrial expansion, and residential opportunities, as reported by Colliers Philippines.
Based on their property market outlook, Colliers Philippines Research Director Joey Bondoc describes the property market as dynamic, dominated by shifting demand, evolving consumer behavior, and strategic investments.
From 2026 to 2028, Colliers expects the delivery of nearly 350,000 sqm. of new office space in Metro Manila, only a third of the 1.0 million sqm. completed annually from 2017 to 2019—the pre-Covid period and peak of offshore gaming demand.
“We expect the Bay Area, Ortigas Fringe, and Quezon City to account for nearly 60 percent of the new supply,” says Bondoc.
Outside the National Capital Region, Cebu and Pampanga are projected to take up more than 50 percent of transactions. Bondoc also noted the increasing positioning of flexible workspace providers in emerging regional markets such as Cebu, Pampanga, Iloilo, Bacolod, and Davao, supporting the move to decentralization.
This story is from the January 11, 2026 edition of Manila Bulletin.
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