The COVID-19 pandemic has strengthened demand to live close to work and transportation networks. Rental demand in the country saw a stable increase in the second quarter of 2021 from the same period last year, according to Lamudi.
Keeping up with the aggressive appetite of the market, the company offers brokers the chance to post unlimited rental listings on the platform until October 31, 2021.
According to Lamudi’s data, the share of leads for rental properties priced at P200K to P500K in Luzon (outside Metro Manila) and Visayas saw a significant increase in the second quarter of 2021 from the second quarter of 2020, with Luzon showing a double-digit hike.
Most promising is the affordable condo for rent market, which sustained a lead share above 15 percent since the first quarter of 2021.
These are properties priced from P5K to P15K. For those interested, sign up at https://bit.ly/UnliRentalListingNL.