Because of the Iran conflict, the Philippine tourism sector faces its most uncertain outlook since the Covid-19 pandemic, as it now has to deal with higher airfares, flight cancellations, and a rapid pullback in hotel demand across the country. “Philippine hotels are entering their most...
While the local real estate market has demonstrated remarkable resilience through six consecutive crises since 2019, Leechiu Property Consultants (LPC) warns that it is now running out of gas because of the Iran war. “The market has been clawing its way back since 2019, but it is running out of...
The uncertainties spawned by the ongoing Middle East conflict have stalled the recovery of the Philippine office and residential markets, which had been showing encouraging growth before the war started. “Although office net demand is positive for the first quarter of 2026, rising geopolitical...
Leechiu Property Consultants (LCP) enumerated several indicators that can lift the tourism industry despite the modest dip in foreign arrivals in 2025. The real estate consultant firm listed ongoing hotel development, strong domestic travel, improving flight connectivity, and enhanced promotional...
The Metro Manila residential property market remains soft despite declining policy rates, as affordability constraints push homebuyers away from new condominium units and toward the secondary market, where speculators are offloading assets. “The Metro Manila residential property market is...
Opened in June 2025, Top Line Bay Mall is a mixed-use development by the Topline Equity Corporation (Topline Group) strategically located in the rapidly growing economic hub of Liloan, Northern Cebu. The three-story Bay Mall offers modern office spaces on its second and third floors that can...
Although Asian tourist arrivals decline, the Philippine tourism industry is still perceived to be entering “a new era of opportunity” because of the growth in domestic tourism, improved flight connectivity, and the 99-year lease reform. Leechiu Property Consultants said in its third-quarter...
The Metro Manila residential market is recovering as developers successfully reduce excess supply, while the nationwide office market is showing resilience as the information technology and business process management (IT-BPM) industry takes up the slack left by the departure of Philippine offshore...
The local tourism industry is expected to maintain the growth observed in the first half of 2025, mainly driven by strong domestic travel and gradual recovery in international arrivals. “With the anticipated growth of domestic tourism, our industry is set for a significant boost,” said Leechiu...
The Philippine office leasing market posted strong demand growth momentum in the first half of 2025 as the business process outsourcing (BPO) sector shifts from relocation to expansion mode, while the residential market saw an increase in unsold units despite efforts to reduce oversupply. During...
The Philippine tourism and hotel industry continued to face challenges in 2024, and these difficulties are seen to persist this year, primarily due to global economic headwinds and slower recovery in key international markets such as South Korea and China. In a briefing, Leechiu Property...
The Philippine office market is seen to grow by 16 percent to achieve a net take-up of 490,000 square meters by the end of 2025 and is off to a good start in the first quarter of the year. In a media briefing, Leechiu Property Consultants’ Director for Commercial Leasing Mikko Barranda said this...
