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...
The Metro Manila residential condominium market showed a moderate recovery in sales in the first quarter of 2025, although the recent turmoil in the global economy caused by US protectionist tariffs may temper the recovery in demand. In a media briefing, Leechiu Property Consultants Research and...
Metro Manila is grappling with an oversupply of condominiums and office spaces, but what caused this imbalance? Understanding the factors behind the surplus provides a clearer picture of the challenges and opportunities in today’s real estate market. Why is there an oversupply? The property boom...
The Philippine hospitality industry is set for continued growth in 2025, with infrastructure investments and policy reforms driving optimism and fueling the development of new hotels and resorts. Leechiu Property Consultants (LPC) noted that planned expansions at key airports, including Manila and...
The Philippine data center industry is poised for long-term growth due to rising demand from global players, enhanced digital infrastructure, and supportive government policies. According to Leechiu Property Consultants Inc., the sector’s upward trajectory is fueled by increased adoption of 5G...
With sales plunging in 2024, Metro Manila’s residential market has turned into a buyer’s market, as developers sweeten their offerings by adding value to units and extending easier payment terms. "As developers recalibrate their selling strategies, this might provide an opportunity for buyers...
The Philippine office leasing market saw a four percent improvement in demand to 1.1 million square meters (sqm) this year from 1.07 million sqm in 2023 but demand and supply will not be balanced until 2027. In a media briefing, Leechiu Property Consultants Director for Commercial Leasing Mikko...
The total ban on the Philippine Offshore Gaming Operations (POGO) contributed to a significant decrease in the demand for office spaces in the third quarter of the year, property brokerage firm Leechiu Property Consultants (LPC) said. In a statement, LPC said office take-up from July to September...
