Our December 2023 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.
- The declining inflation which will allow the central bank enough leeway for policy rate reduction will assist in a more stable economic growth amidst the persisting grim outlook in major markets globally.
- The growth in co-working space is also attributable to the rising pressure among organizations to blend remote and in-office work in order to cater to the growing desire among employees and the majority of the workforce to promote more flexibility in work.
- Aside from the volume of new project launches, residential property prices are heavily determined by the location and a number of economic factors.
The above is an excerpt of the December 2023 report. Read the full report.