Philippines

The city’s vacancy rate rose to 18% in Q4 2023 as supply grew.

Blame it on the partial opening of Gateway Mall 2.

Thanks to a stronger leasing market. 

The city’s recovering vacancy rates are expected to be dampened by the launch of new units.

Philippines-based developer redefines sustainability from green spaces and recycling components to Eco-Tech-Ture and an EV batteries plant.

Prime residential prices in Manila grew by 21.2%, thanks to strong domestic and foreign demand.

Capital values also grew slightly by 0.9%.

Almost a quarter of closures were by F&B brands.

A majority of these new projects are already pre-leased.

The rate of rental decline has slightly improved.

And rents could witness a gradual uptick as leasing volumes grow.

The real estate developer created the perfect harmony of modernity and nature in one community.

One Ayala and Gateway Mall 2 are expected to have been completed over the quarter.

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.

One firm released 10,000sqm in Taguig City.

Its Townscapes Malvar was meticulously engineered for greater efficiencies.