Philippines

The total stock is currently at 5.3m sqm.

But vacancy increased to 44%.

An estimated 177,000sqm of new supply is expected in H2 2025.

This could temporarily apply pressure on occupancy rates.

There is 159,000sqm of supply pipeline this year.

Analysts expect occupancy challenges to arise.

These will be mainly located in Makati and the Bay Area.

Blame it on the slower pace of new openings.

Primehomes Capitol Hills exemplifies eco-conscious urban living through green open spaces, smart home technology, and a masterplanned community.

It won the Masterplan Development of the Year - Philippines and the Residential Development of the Year - Philippines categories in the awards programme.

Over 130,000sqm of new industrial space was completed during the quarter.

This addition is expected to challenge the current vacancy levels.

Thanks to solid demand in Makati and Taguig. 

The sector faces persistently high vacancy rates.

RLC Residences creates lasting value for modern homeowners seeking convenience, efficiency, and long-term investment growth.

The capital expenditure will cover Makati, Cebu, and Clark.