The Philippine office market is at a turning point. Following the government's comprehensive ban on Philippine Offshore Gaming Operators (POGO), the Manila commercial real estate market is undergoing structural adjustments. Latest industry data shows that traditional industries are rapidly filling t
The Philippine real estate market slumped in 2024, with condo sales and new launches hitting historical lows. Developers had to attract buyers with significant discounts and favorable payment schemes to cope with the weak market demand.Data shows that only 11,000 new condos were launched nationwide
An editorial by Ray S. Eñano from the Manila Standard in the Philippines:Real estate developers... will not easily admit.No real estate developer will admit that a real estate bubble is about to burst in the Philippines soon.However, various ominous signs indicate that a bubble is imminent in the lo
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