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...
The Philippine hotel industry remains resilient and continues to grow after the pandemic with P250 billion being invested by the private sector for the ongoing construction of new facilities. This is according to the Philippine Accommodation Pipeline Report 2024 which was jointly launched by the...
The real estate industry, particularly the residential segment, is seen to be revitalized once the Bangko Sentral ng Pilipinas finally implements the much anticipated interest rate cut in the coming months. “We have been anticipating for much too long. We're moving from a pessimistic market to...
Philippine tourism experienced a remarkable resurgence, largely driven by the resilience of domestic travel, according to a study by Leechiu Property Consultants LPC. “The strength of local tourism proved instrumental in mitigating potential challenges from international source markets, namely...
The property market proved its resilience as capital values across Metro Manila’s commercial districts sustained their levels throughout 2023 despite local and global headwinds. In a media presentation, Leechiu Property Consultants Inc. Senior Manager for Investment Sales Erika Manasan said some...
The Philippine residential condominium market marked its recovery in 2023, notably in Metro Manila, which saw a record of 40,555 units sold, according to Leechiu Property Consultants (LPC). LPC Director for Research and Consultancy Roy Amado Golez Jr. said, “the sector had reached its peak...
