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How Developers Are Tackling Metro Manila’s Condo Oversupply with Flexible Payment and Rent-to-Own Options?

How Developers Are Tackling Metro Manila’s Condo Oversupply with Flexible Payment and Rent-to-Own Options?

How Developers Are Tackling Metro Manila’s Condo Oversupply with Flexible Payment and Rent-to-Own Options?

This article is contributed by Emmanuel Andrew Venturina, Country Head of IQI Philippines Developers Collectively Addressing the Condo Oversupply  In the last quarter of 2024,  Metro Manila face a significant oversupply of condominiums due to a frenzy of developments that have been impacted by pandemic and low take up. As demand fluctuates, real estate developers…

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Philippines Economic Growth & Condo Market Outlook 2024

CONSISTENT PH ECONOMIC GROWTH The Philippines outperformed most Asian economies in 2024, posting a solid 5.8% growth in the first three quarters. Its growth outpaced key regional economies, including Malaysia (5.2%), Indonesia (5.0%), China (4.8%), and Singapore (3.8%). The third-quarter expansion of 5.2% came on the back of robust capital formation and accelerated government spending.…

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