It feels a bit odd talking about tourism-focused real estate when most visitors are unable to travel to the Philippines at the moment. However, it can be an important driver of a Philippine property market rebound once the situation returns to normal. Philippine Department of Tourism (DOT) data showed there were 8.26 million foreign arrivals in 2019, more than a 15 percent increase from the previous...
Residential demand in Cebu is expected to increase this year with lower real estate prices and key infrastructure projects driving the market forward. The city has been the preferred investment destination outside of Metro Manila and that trend will continue in 2021. “Colliers projects a potential rebound in residential demand in 2021 (in Cebu) and thus sees a faster pace of price increase from 2021...
LEADING Visayas-Mindanao developer Cebu Landmasters, through joint venture firm Cebu Homegrown Developers, Inc., launched its latest condominium project with premium amenities in Mandaue City, Cebu aimed at meeting the housing needs of a surging segment of upwardly mobile professionals and entrepreneurs in the region. The P3-billion development Mandtra Residences is managed and developed by CLI and...
May 20, 2020 by 32 Sanson With its thriving economy and stunning beaches, choosing to invest in a condo in Cebu is a good move. Cebu is becoming one of the most sought-after cities in Visayas with its evident growth in the past years for both business and tourism. Looking for a place to raise your family is tricky. A lot of families have been opting to live in condominiums...
For the longest time, Metro Manila has been the most prized location for real estate investments. Even a small, studio-type condo in Taguig or Makati generates huge returns. Plus, you will never have to worry about the market because there’s always a buyer or renter who’s willing to pay. But with the coronavirus crisis, things are changing. Based on Lamudi’s data, there’s been...
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