Philippines
PHirst Park Homes bags Mid-sized Developer of the Year - Philippines at Real Estate Asia Awards
PHirst Park Homes bags Mid-sized Developer of the Year - Philippines at Real Estate Asia Awards
Its projects in Greater Metro Manila are in proximity to life essentials and tourist attractions.
Pueblo de Oro features blueprint for success in the ‘new normal’
Its Townscapes Malvar was meticulously engineered for greater efficiencies.
Landco Pacific’s premium beachfront development enriches Calatagan history
CaSoBe has become a staple choice for upmarket weekenders, tourists, and city dwellers.
BPO sector seeks hub in Philippines’ provincial markets over labour costs
The office sector in Clark, Iloilo, and Davao is expected to be ‘very bullish.’
Metro Clark office vacancies reach 34.3% in H2 2022
The expansion of the IT-BPO sector will push Metro Clark’s rebound this year.
What could drive data centre growth in the Philippines
The country’s data centre capacity is around 75 megawatts.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.
Metro Manila office market rebounds in 2022
The capital region saw a net absorption of 270,900 square metres.
Crucial factors that will lift Philippine real estate amidst headwinds
The IT business process management industry is one of the key factors.
Manila’s residential vacancy rate declines to 7.5% in Q3
It declined by 117.4 bps vs the previous quarter.
Manila retail net absorption drops to -9,900sqm in Q3
Over a quarter of move-outs were by F&B operators.
Manila office rents inch up 1.1% in Q3
Leasing demand improved as companies returned to office.
Manila to see 808,900 sqm of new office space this year
The vacancy rate is forecast to hit 18.2% by year-end.
Manila retail net absorption hits 23,800sqm in Q2 as store openings abound
Muji and Nike opened 1,400sqm and 1,300sqm stores, respectively.
Manila residential vacancy rate declines to 8.7% in Q2
It contracted by 72.8bps q-o-q, signalling an improvement in leasing demand.
Manila office rents dip 0.2% in Q2
Rental declines were only observed in newly vacated spaces.
Luxury retail projects to watch out for in the Philippines
The 30,000-sqm Mitsukoshi Mall is slated to open in Q4 2022.
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It sets new standards for office developments with its striking design and strategic location.
