Metro Manila’s condominium market remains sluggish, with 75,300 units still unsold as of the third quarter of 2024, according to Colliers Philippines. “It
Metro Manila’s condominium market remains sluggish, with 75,300 units still unsold as of the third quarter of 2024, according to Colliers Philippines.
Areas like Pasig, Quezon City–South, Parañaque, Manila North, Makati Fringe and Quezon City–North accounted for the highest RFO stock. Colliers said the tepid demand drove developers to prioritize projects in growth areas outside Metro Manila including CALABARZON, Central Luzon, Central Visayas, Western Visayas, Northern Mindanao and the Davao Region.
“These regions are among the most preferred by respondents for their next residential investment,” Bondoc said, citing strong remittance inflows from more than half of the 2.16 million overseas Filipino workers in 2023 who are from these areas.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PIMS 2024: V6-powered Ford Ranger Raptor now in PH priced at P2.739-MOnly 300 units of these will be sold (for now)
Read more »
300 suspects nabbed, over P9-M illegal drugs seized in Oct 2024Davao Region authorities have made significant strides in the fight against illegal drugs, with a series of successful operations leading to the arrest of high-value targets and the seizure of millions of pesos worth of drugs.
Read more »
Over 300 farmers attend 2024 post-Sona forum in Tuburan, CebuSunStar Publishing Inc.
Read more »
P9.2-M druga nasakmit; 300 suspek nasikopSunStar Publishing Inc.
Read more »
Three-nation HADR unfolds in Ilocos NorteMORE than 300 soldiers from the Philippines, the United States, and Japan participated in humanitarian assistance and disaster response (HADR) training in
Read more »
LIST: Eerie-sistible Halloween 2024 events, treats for a spooktacular timeHere are some fang-tastic activities to watch out for around Metro Manila!
Read more »