Philippines Real Estate Market Outlook 2021: A Complete Overview

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Philippines has become one of the hotspots for foreign property buyers in Southeast Asia. With favorable demographics and an increasing middle class, Metro Manila has undoubtedly seen the biggest interest.

Foreign corporations move to the region, setting up offices and operations in places like Cebu and Davao, where labor costs are low.

With that said, the COVID-19 had a profound impact on real estate markets all over the world and the Philippines was not an exception. Yet, this might result in a rebound in 2021.

In this article, I share our predictions for the Philippines’ property market in 2021.

Topics covered in this article:

  • The Property Market in Previous Years
  • How did the market perform in 2020?
  • How will Philippines’ real estate market perform in 2021?
  • What is driving the demand for real estate in the Philippines?

The Property Market in Previous Years

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Top Property Management Companies in the Philippines: A Complete Guide

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The Philippines is becoming an increasingly popular investment destination for foreigners. Along with this, we see a greater demand for property management services.

Places like Manila and Cebu have plenty of property management companies, but you rarely find summarized information about them.

In this article, I list some of the biggest and most popular property management companies in the Philippines. Continue reading Top Property Management Companies in the Philippines: A Complete Guide

Top Real Estate Agencies in Manila: A Complete Guide

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Metro Manila is huge in terms of population and size, to many people’s surprise, Manila makes up a small part of this metropolitan area. With a rapidly growing economy, foreigners (especially Chinese investors) pour in to buy properties.

Here, you can find plenty of international and local real estate agencies who have a long experience of in helping foreigners. Yet, you rarely find summarized information about popular and credible agents in Manila.

In this article, I list some of the top real estate agencies that you can find in Metro Manila. Continue reading Top Real Estate Agencies in Manila: A Complete Guide

Buying Condos in Manila: The Ultimate Guide

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Suggestion: Watch the 5 minutes video tutorial before reading this article

Philippines is one of the fastest-growing countries in the world and continues to attract foreign investors and companies in vast numbers.

Metro Manila deservedly gets the most attention as it’s the capital, business hub, and accounts for a third of the countries GDP growth. Simply put, most things happen here.

Looking at investment preferences, buying newly built condos is undoubtedly the most common option among foreigners. Yields can be exceptionally high at the same time as the buying process is simpler and involves less paperwork.

Still, it’s important that you learn about the property market, the most promising areas, and what prices you can expect to pay when buying condos in Manila beforehand.

In this article, you’ll learn about the following:

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Condos for Sale in Manila: 10 Interesting New Projects

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Philippines is one of the fastest-growing countries in Asia, attracting foreigners in vast numbers. It’s not strange as the living costs are low, the quality of life is great, and you have a number of long-term visa options.

In this article, you’ll learn about some of the most interesting new condo projects for sale in Manila. We cover places like Makati, Taguig, Bonifacio Global City, Quezon City, and Pasig City.

The article is updated on a continuous basis, giving you the latest news about interesting investment opportunities.

Viewing the projects and surrounding areas in Google Maps (Street View)

To check the projects and surrounding areas in Google Maps Street View, simply zoom in the area of the marker and pull the orange-colored Pegman to the marker, or nearby areas. You can track the marker/project in Street View as well.

To go back to Google Maps, press the arrow in the top left corner.

Projects Covered

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Top 3 Places to Live & Buy Real Estate in the Philippines

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The Philippines is big in terms of population. Still, there are not as many options available when buying property, compared to Thailand or Malaysia, for example.

Investors tend to go to the capital Manila, while other foreigners look for more relaxing places, located more towards the South. You’ll notice that the real estate market and prices differ much between different areas.

If you plan to buy property in the Philippines, but not sure where, this article is a must-read, where I list some of the best places to buy a property.

1. Metro Manila

manila-property

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