Philippines
Manila to struggle with rising residential vacancy levels as supply expands
Nearly 3,500 units are slated to enter the market in 2024.
Manila to struggle with rising residential vacancy levels as supply expands
Nearly 3,500 units are slated to enter the market in 2024.
Manila retail store openings exceed closures during the peak season
Store openings grew by over 50% in Q4.
Manila office vacancy rates to continue climbing in H1 2024
The city’s vacancy rate rose to 18% in Q4 2023 as supply grew.
Manila retail net absorption hits -27,000sqm in Q3
Blame it on the partial opening of Gateway Mall 2.
Manila office absorption increases to 20,500sqm in Q3
Thanks to a stronger leasing market.
Manila to see nearly 2,000 residential units by year-end
The city’s recovering vacancy rates are expected to be dampened by the launch of new units.
Filinvest’s New Clark City features the new face of sustainable development
Philippines-based developer redefines sustainability from green spaces and recycling components to Eco-Tech-Ture and an EV batteries plant.
Manila clinches top spot in Q3 prime global cities index
Prime residential prices in Manila grew by 21.2%, thanks to strong domestic and foreign demand.
Manila residential rents inch up 0.4% in Q2
Capital values also grew slightly by 0.9%.
Manila retail store closures drop by 29% in Q2
Almost a quarter of closures were by F&B brands.
Manila to see over 170,000sqm of new warehouse space in H2
A majority of these new projects are already pre-leased.
Manila office rents dip 0.1% in Q2
The rate of rental decline has slightly improved.
Manila residential vacancy rates to contract in the near term
And rents could witness a gradual uptick as leasing volumes grow.
Fusing urban living and nature wins Nexus the Sustainable Development of the Year - Philippines award
The real estate developer created the perfect harmony of modernity and nature in one community.
Manila to see 240,000sqm of new retail supply by Q2
One Ayala and Gateway Mall 2 are expected to have been completed over the quarter.
Vista Estates redefines amazing lifescapes in the Philippines
The property developer won the Marketing and Brand Initiative of the Year - Philippines and Integrated Property Developer of the Year - Philippines awards in the Real Estate Asia Awards 2023.
Manila records 9,200sqm office absorption in Q1 as occupiers continue to downsize
One firm released 10,000sqm in Taguig City.
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
