Sotheby’s International Realty has entered the Philippine market as it aims to elevate high-end properties in the country to the international stage, capturing the attention of affluent buyers worldwide.
With a diverse range of stunning properties—from luxurious beachfront villas in Palawan and Boracay to penthouses overlooking Manila’s skyline, PSIR said the Philippines real estate market has immense potential.
“In this landmark event, where we will officially launch Philippines Sotheby’s International Realty, we introduce our brand, showcase the unique properties that embody the essence of Philippine luxury living, and share our vision for the future of luxury real estate in our beautiful country,” said Catherine Dianne L. Ocariz-Florencio, managing partner, Philippines Sotheby’s International Realty.
“Our mission is to set a new benchmark in the Philippine luxury real estate market by providing a world-class, professional, and client-focused one-stop service. Through our affiliation with Sotheby’s International Realty, we will offer unrivaled expertise and unparalleled value to agents and clients throughout every step of the real estate journey.”
Florencio, a seasoned real estate profession, said the collaboration with Sotheby’s will involve national expansion, with plans to establish a minimum of three major offices across Luzon, Visayas, and Mindanao, over the next five years.
Chris Palumbo, head of region, Asia-Pacific (APAC) region, Sotheby’s International Realty Affiliates LLC said PSIR is set to transform the luxury market, delivering next level services and one-of-a-kind experiences to its distinguished clientele.
“Our expansion into the Philippines represents Sotheby’s International Realty’s continuous strategic growth in Asia-Pacific,” Palumbo said.
“New infrastructure, world class developments and evolving demographics promise the continued advance of the luxury property market across the Philippines. The steady growth of high-net worth individuals, affluent expatriates and aspiring professional class are signals that prosperity lies ahead,” he added.
Palumbo said foreign and local investors are tuned in and ready to seize investment opportunities that PSIR has to offer.
“In this global expansion, we aim to fulfill each client’s unique lifestyle goals and aspirations. Our affiliate teams in 84 countries and territories around the world are dedicated to curating extraordinary experiences, marked by the outperformance that is synonymous with the Sotheby’s International Realty brand,” Palumbo said.