Rockwell Land Corp. 's focus on the upscale market is paying off, with the developer reporting strong sales growth in its residential segment, the largest contributor to its revenues, and remaining largely unaffected by widespread supply glut in the condominium market. “While there is a...
According to its third-quarter Property Market Briefing, Colliers Philippines reported positive indicators for the residential market in Metro Manila. “The third quarter is traditionally a slow market, particularly for condominiums, but the sector performed well for the first nine months of...
The vacancy rates of the Philippine retail market have been declining due to limited supply, the entry of foreign brands, the growth of F&B and fashion retailers, and innovative retail concepts. Research Director Joey Roi Bondoc discussed in detail the retail market performance at the recent...
The Metro Manila real estate sector has turned a corner, as the third quarter of 2025 saw strong take-ups of office spaces and middle-income condominiums in the metropolis, while mall occupancy rates are finally approaching pre-pandemic levels. During Colliers Philippines’ third-quarter...
The overall vacancy rate in Metro Manila stands at 24.5 percent in the first half of 2025, as reported by Colliers Philippines. However, several business districts recorded low vacancy rates, such as Eastwood City at 5.7 percent, Ortigas Center at seven percent, and Rockwell Center at 10 percent....
According to Colliers Philippines’ latest report on the hotel sector, the country’s hotel occupancy remains steady, and daily rates are increasing, despite a drop in foreign arrivals, particularly from South Korea and China. Domestic tourism is boosting the industry, especially the growing...
For the first half of 2025, the country’s average industrial vacancy rate is stable at 15.6 percent, but the figure will soon increase due to the more than 1,000 hectares of new industrial space, with Central Luzon cornering 870 hectares of upcoming supply. With the new industrial stock scheduled...
The Metro Manila residential property market may have already turned a corner as the aggressive promotions launched by developers have accelerated sales of ready-for-occupancy units, while fewer buyers are giving up on partially-paid units. “This is the good news that we’re seeing right now. If...
The retail sector takes an upbeat turn to innovate the consumer experience by offering immersive, experiential activities that can be shared with friends and families. Such significant developments are also marked by the developers’ bold move to refresh retail space, expansion of foreign brands,...
With property developers continuing to face challenges in reducing their huge excess office and residential inventories in Metro Manila, Colliers Philippines sees both buyers and tenants being spoiled with extra perks. “In 2024, the Metro Manila office market posted its first negative net take-up...
According to the Colliers Philippines, Metro Manila experienced a slowdown in residential pre-selling take-up of 61 percent and project launches of 59 percent, especially for condominiums. The most affected segment covers the affordable and lower mid-income segments with nearly 60 percent of the...
Philippine property developers are unfazed by the restiveness at the political front, especially with the coming midterm elections, as they are focused on infrastructure being built and pro-business policies recently implemented by the government which will help the industry boost sales and...