Residential developers have launched fewer condominium units in Metro Manila as the high interest-rate environment presents significant hurdle among home buyers, according to Leechiu Properties Consultants (LPC).
LPC research and consultancy director for residential market Roy Golez said in a news briefing the residential market showed an apparent slowdown in Metro Manila condominium take-up and launches in the first quarter of 2024
“Based on our tracking of pre-selling, we have been...