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Philippines
Monday, April 14, 2025
28.3 C
Philippines
Monday, April 14, 2025

Supply squeeze, high demand fuel PH real estate boom

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Citing strong demand and supply constraints, a Cebu-based real estate solutions portal forecasts a bullish property market in the Philippines for 2025.

“The primary market within key cities, especially Cebu, Metro Manila and Davao, remains tight, with new developments selling out quickly and keeping upward pressure on property prices,” Filipino Homes founder and president Anthony Gerard Leuterio said.

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Leuterio added Palawan and Bacolod are also experiencing significant growth in property development.

He said key factors that are shaping the market are the sustained overseas Filipino workers’ remittances, which continue to fuel real estate investments, particularly in urban centers and tourist destinations.

Major projects like the Bus Rapid Transit (BRT) system in Cebu and road network improvements nationwide are enhancing connectivity and increasing demand for residential properties.

Leuterio said there is also a growing interest in sustainable and affordable housing. He urged developers to prioritize sustainable and affordable housing options to address the rising demand from local and international buyers.

He also sees the rise of mixed-use developments as homebuyers are increasingly looking for integrated communities that combine residential, commercial and lifestyle amenities.

“Despite challenges such as high interest rates and inflationary pressures, the real estate sector is expected to remain resilient, supported by strong end-user demand and infrastructure-driven growth,” he said.

Filipino Homes is organizing the highly anticipated Asian Real Estate Summit (ARES) 2025 in Bangkok, Thailand, on July 1-2, bringing together key players in the Philippine real estate sector, with delegate registrations already surpassing 800.

Anchored on the theme, “Empowering Growth: Fostering Global Partnerships with Responsible Developers,” the summit will gather founders, presidents and top executives from the country’s leading property developers.

Leuterio expects participation to grow, with more than 30 top developers and 1,000 real estate professionals anticipated to attend.

“The summit will be an avenue to foster connections among real estate stakeholders, allowing CEOs and top executives share their best practices and insights,” Leuterio said.

“It’s also a chance for top real estate sellers to engage directly with industry leaders and discuss the next big trends in the market,” he added.

The event, which debuted in 2023, aims to provide a premier platform for networking, knowledge exchange, and collaboration, helping industry players stay ahead of market shifts and innovations.

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