stable demand for properties
After eight years of uninterrupted house price rises, report says Demand expected to remain stable even with a noticeable decline on a certain first y-o-y decline since 2010 for a 3 bedroom Makati CBD stats. Though quarter-on-quarter, house prices rose strongly by 8.27% in Q4 2019.
Read full report, The end of the Philippines’ great house price boom?
Take-up is expected to remain stable in Rockwell Centre, Makati CBD, Bay Area and Fort Bonifacio, mainly driven by demand from the offshore gaming and outsourcing segments, according to Colliers International.
Makati CBD property prices have risen by almost 132% from 2010 to 2018, amidst strong demand and rapid economic growth.
Leave a Reply.
About this section:
This section will provide you updates and news on real estate happenings in the Philippines.