Philippines
Manila’s Q3 office net absorption eases to -46,700sqm
Manila’s Q3 office net absorption eases to -46,700sqm
It was -58,400 sqm in the previous quarter.
Where does Philippine real estate stand in terms of sustainability?
The number of certified green buildings recorded a CAGR of 4.6% as of 3Q21.
Manila’s office vacancy rate reaches record highs since 2005
It surged 726bps to 12% in Q2 2021.
Manila's retail vacancy rate of 7.7% breaches previous record
Manila hit a new 15-year record in Q2 as it overtook the 7% vacancy rate recorded in Q1.
Philippines’ lacklustre office absorption dampens residential demand
Residential vacancy increased from 15.6% in Q4 2020 to 16.3% in Q2 2021.
Familia Apartments at Bamboo Lane clinches Special-Purpose Development of the Year - Philippines at Real Estate Asia Awards
It has contributed to addressing the backlog in providing quality shelter for the common Filipino.
Manila retail vacancy rate reaches 15-year high of 7% as store closures persist
This is the highest recorded vacancy rate since 2006.
Manila records lowest residential vacancy since the pandemic hit
Vacancy improved to 9% in Q1 2021, the lowest since Q2 2020.
Manila’s office vacancy rate hits 12-year highs in Q1
Vacancy rate reached 9.8% in Q1, the highest since 2009.
Philippine retailers struggling to rightsize as logistics takes off: JLL
This is following the rise of e-commerce-use amidst long lockdowns throughout the country.
Smart homes with Japanese-inspired minimalist designs are on trend in Manila
Mixing elements of Japanese functionality and simplicity, Tokyo Grand Renovation is becoming famous for making homes into office-ready spaces.
Philippine residential prices to inch up 1.5% in 2022
The pace of growth will likely hinge on a rebound in office leasing.
Manila prime retail net absorption still in the red as store pull-outs persist
Net absorption hit -41,500 sqm in 4Q20 as more store closures were recorded during the period.
Manila's office net absorption plummets 80% in 2020
Take-up in 4Q20 reached 85,800 sqm, enough to lift total net absorption to 68,700 sqm for 2020.
SM Supermalls keeps doors open amidst pandemic, to launch more 'smart cities' and e-commerce channels
It also reached out to displaced jeepney and tricycle drivers to facilitate delivery of orders to far-flung locations in the Philippines.
Manila's active home resale market props up capital values
Capital values in 4Q20 increased 10% yoy to PHP 269,932 per sqm.
Top 3 capital market trends to watch in the APAC logistics sector
Logistics has remained resilient with over US$7bn in capital raised in the last six months.
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