There’s no beating Metro Manila when it comes to a heads-or-tails choice for homebuyers. Global property website Lamudi Philippines culled data from its Q2 2014 to Q1 2015 onsite search, and found that more than half (55.05%) of respondents picked Metro Manila for their property purchase, with Quezon City being the most preferred city (19.47%), followed by Makati (8.65%), and Manila (8.41%).
Cebu Province was the second most cited area by those trolling for property (6.97%), followed by the Province of Cavite (6.73%). These provinces are home to highly populated, fast-growth cities, including Cebu City, Lapu-Lapu, and Mandaue (Cebu Province) and Bacoor, Imus, and Dasmariñas (Cavite).
Most searched cities
The most searched cities on the Lamudi Philippine platform included Quezon City, which generated 244,456 searches for Q1 2015, of which 37.3% were searches for for-sale properties and 15.6 percent were searches for rental properties.
Makati was the Philippines’ second most searched city. Of the total 116,451 searches conducted in the same period, 51 percent were for properties—specifically condos—for rent, while 33.9 percent were for for-sale properties.
Paranaque, Pasay and Mandaluyong were the third, fourth and fifth most searched cities in the Philippines. On average, search traffic increased 75%, 71%, and 74%, respectively, every quarter from Q2 2014 to Q1 2015.
Most searched property types
What were people looking for? Condos were the most searched among website users looking for rental properties, while houses were preferred by those looking for property for sale.
Quezon City was the most searched city for houses for sale: 54.8% of those looking at the city are searching for houses for sale, while 8.7% are searching for house for rent.
Makati generated the greatest volume of searches for condos, of which 61.1% were for rentals (while 33.6% percent were looking for for-sale condos).
