Philippines Real Estate Market Outlook 2020: 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.

In this article, I explain how the Philippine property market has performed in the past years. I’ll also share my predictions on how I believe that the market will perform in 2020.

Keep in mind that foreseeing how a market will perform in the coming years is not the easiest task on hand. If you have any information you would like to share, you can share a comment at the end of the article.

Topics covered in this article:

The Property Market in Previous Years

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Buying Condos in Manila: The Ultimate Guide

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

Do you plan to buy condos in The Philippines?
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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.

Latest Update: 2020-01-16

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The 3 Best 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 the 3 best places to buy property.

1. Metro Manila

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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.

Manila property management companies

Below you can find property management companies located in Manila.

CBRE

CBRE is expanding its Property Management solutions in the Philippines, continuing to leverage global best practices, platform, real-time data, and integrated digital solutions to improve building operational performance and increase the asset’s value.

CBRE is the world’s leading commercial real estate services company providing solutions to property owners, investors and occupiers. The company is ranked 146th on the Fortune 500 and has been included in the Fortune 500 in every year since 2008.

The company serves more than 90 of the top 100 companies on the Fortune 100.

Property Types

  • Buildings
  • Office spaces
  • Commercial spaces/retail properties
  • Warehouses, industrial lots
  • Hotels

Services offered

  • Property audit and Advisory services
  • Accounting services
  • Security and Insurance Services
  • Maintenance, Technical, and Technology services
  • Pricing and Purchase management
  • Sustainability consultancy

Office address

15th Floor M1 Tower Bldg,
141 H.V. Dela Costa,
Salcedo Village,
Makati, 1227 Metro Manila,
Philippines

Santos Knight Frank

Santos Knight Frank was founded by Rick Santos in 1994 as a full-service real estate agency. In 2017, the firm formed a partnership with one of the oldest and largest real estate companies, Knight Frank.

After, the new company was re-branded as Santos Knight Frank. At the moment, Knight Frank has more than 400 offices in more than 60 countries. Santos Knight Frank, on the other hand, has more than 1,200 employees and was recently recognized as the Philippines’ best real estate agency at the Asia Pacific Property Award.

Services offered

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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 just make 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 helping foreigners. Yet, you rarely find summarized information 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.

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