This June 2022 edition of our report takes a look at the latest market activities in the Philippine commercial real estate sector including insights on the ongoing impact of the global pandemic on the sector.
- The slowdown in global manufacturing and trade activities could be among the factors that contributed to slower demand for industrial lots.
- The country’s travel and tourism industry largely hinges on demand from domestic travelers while international visitors are also coming back, albeit a little gradually.
- Residential prices in Metro Manila, particularly for condominium properties, are slowly bouncing back amidst the sustained reopening of the economy that allowed increased business activities in the capital region.
The above is an excerpt of the June 2022 report. To read the full report, click on the Download button on the right.