Philippine real estate faces construction decline

construction agreement in the philippines

In March 2024, the Philippine real estate market saw a significant decrease in the number of approved building permits, dropping by 15.5% compared to the same month last year. This decline is noteworthy, especially considering the 2.2% decrease in February 2024, indicating a consistent trend of reduced construction activity. According to the Philippine Statistics Authority […]

Manila’s house prices surge by a staggering 26.2%

zoning laws in the Philippines

The housing prices in Manila have surged by an impressive 26.2%, solidifying the Philippine capital’s position as a leader in the global prime real estate market. This remarkable growth has been driven by strong economic performance, increasing consumer confidence, and substantial investments in infrastructure. For international investors and expats considering Southeast Asia, Manila presents a […]

Megaworld invests billions to transform Cebu into a top workation destination

best house insurance plans in the Philippines

In a bold move to capitalize on the booming tourism and real estate sectors in Cebu, Philippines, property giant Megaworld has announced extensive new investments and developments in its Mactan Newtown township. This strategic expansion is set to attract both international investors and professionals looking for a blend of work and leisure in a tropical […]

Rising demand for homes near Philippine airports, data shows

house in the philippines

During the first quarter of 2024, there has been a significant increase in the demand for luxurious homes in the Philippine cities with international airports. This trend has opened up attractive investment opportunities for foreign buyers. The local economy is recovering, and with the increased air travel, cities such as Angeles, Mabalacat, and Lapu-Lapu are […]

Foreign investment poised to transform Philippine real estate in 2024

real estate due diligence in the philippines

The real estate market in the Philippines is gaining the interest of foreign investors due to the country’s unique set of challenges and opportunities, despite the global economic uncertainty. The emerging trends and economic recovery in Southeast Asia offer potential for those looking to capitalize on investment opportunities. A closer look at the current Philippine […]

Philippines’ digital banks experience an influx of $700 million in foreign investment

open a bank account in the philippines as a foreigner

The digital banking industry in the Philippines has seen a notable increase in investment, with more than $700 million invested in the sector since 2021. This growing industry not only reflects a move towards contemporary financial solutions but also indicates a promising economic landscape that may offer potential benefits for real estate investors seeking to […]

Philippines’ property market continues to grow for the 10th consecutive quarter

torrens system in the philippines

Despite facing a global economic slowdown and rising interest rates, the Philippines’ property market has shown remarkable resilience, marking its 10th consecutive quarter of price growth. According to the Bangko Sentral ng Pilipinas (BSP), the Residential Real Estate Price Index (RREPI) witnessed a 6.5% increase in the fourth quarter of 2023, a testament to the […]

Manila beats Dubai and claims the title of fastest-growing luxury real estate market

sell property in metro manila

Manila has claimed the title of the fastest-appreciating luxury real estate market in 2023. With a staggering annual price gain of 26.3%, the Philippine capital has outpaced global giants, including the wealthy city of Dubai. This remarkable growth highlights Manila’s burgeoning appeal among the affluent and signals the city’s emergence as a pivotal luxury real […]

The rise of local materials in Philippines home construction

how to invest in real estate in the philippines

The Philippines is experiencing a revival of traditional construction methods incorporating local home-building materials. This trend celebrates Filipino heritage and offers sustainable and eco-friendly alternatives to conventional building materials. Homeowners can now construct authentic Filipino homes using versatile bamboo and durable mahogany, among other materials. Sustainable solutions for tropical living The Philippines transforms homes using […]