Homes lead looks amid COVID-19 scourge
In its recently released second quarterly e-magazine, Lamudi noted that land had the highest year-on-year increase in leads, among the developments for the second quarter of 2021. Most viewed cities Central business districts were the most viewed cities in Luzon (outside Metro Manila only), including regional hubs (Baguio, Angeles) and cities close to the fringes of the metro. Cities in the highly urbanized Cebu attracted the most views in Visayas. Davao City and Cagayan de Oro continue to be the most searched cities in Mindanao, along with the vacation spots Samal Island and General Luna. Top overseas property seekers From Q2 2020 to Q2 2021, the leading overseas sources of pageviews in Southeast Asia remained consistent, with Singapore and Kuala Lumpur taking the lead. In North America, the top seekers fluctuated between Los Angeles and Toronto in the same period. London and Copenhagen were consistently part of the top five property seekers from Europe from Q2 2020 to Q2 2021, while Dubai, Doha, and Riyadh continued to be the three largest sources of pageviews from the Middle East.
Have subway, bus will travel Demand is increasing for majority of the areas with existing access to rail and bus routes. In Project 3 (Quezon City), Western Bicutan, and West Rembo, pageviews for listings on Lamudi attracted a triple-digit increase in pageviews from 2Q 2020 to 2Q 2021. Over 70% of leads for listings within the city in Q2 2021 went to properties for rent.
The share of luxury listings in Mabalacat climbed 18 percentage points from Q2 2020 to Q2 2021. Leads for apartments, condos, and land showed the biggest annual increase in Q2 2021. Housing supply in the city was evenly spread across price ranges in Q2 2021, and the distribution of leads for properties to buy against those to rent were more evenly distributed compared to other airport cities. More affordable properties in Davao were made available in Q2 2021, with properties priced between 6M and 9M growing by 12 percentage points year-on-year.