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PH PROPERTY MARKET IN 2025: KNOW YOUR DEMAND BEFORE YOU EXPAND
The Philippine Star
|January 10, 2025
This is the conclusion of my three-part property outlook for Property Report PH.
As I highlighted previously, we are seeing challenges in the property market, mainly due to elevated mortgage rates, POGO exodus, and work-from-home scheme implemented by several firms which resulted in a tepid appetite for office and residential projects in Metro Manila.
But Colliers Philippines believes that there are opportunities that the market can capture starting 2025. I always stress in my columns that the rebounding leisure sector will continue to have positive impact on the Philippine property sector. This should somehow have a 'halo effect' on the struggling residential market.
Overall, we are seeing more property firms launching these leisure-centric projects. This initiative is complementing the shift to suburbia that we are seeing in the residential sector. My column last week touched on this bright spot for the Philippine property market so allow me to dissect this segment further.
EXPLORE LAUNCHING LEISURE-THEMED PROJECTS OUTSIDE METRO MANILA
Denne historien er fra January 10, 2025-utgaven av The Philippine Star.
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