Metro Manila’s residential condominium market is beginning to show signs of recovery, largely fueled by sustained demand for affordable housing—even as vacancy rates remain elevated, according to Colliers Philippines.
The supply of Philippine Economic Zone Authority (PEZA)-accredited office space in Metro Manila is tightening, particularly in major central business districts, raising concerns over limited expansion options for key occupiers.
Metro Manila’s property market is turning cautious, with office leasing decisions slowing and condominium developers dialing back new launches as vacancies climb, according to Colliers Philippines.
A new survey highlighted by Colliers Philippines points to changing preferences across the country’s office, residential, hotel, and industrial sectors, as evolving consumer behavior reshapes real estate strategies.
Pag-IBIG Fund and Megawide Construction Corp. have reached a key construction milestone for the Expanded Pambansang Pabahay para sa Pilipino Program (4PH), with two buildings at JAB Residences in Dasmariñas City, Cavite completing their main structural works.
Megawide Dreamrise Residences Inc., an arm of listed firm Megawide Construction Corp., will turn over 500 housing units in Dasmariñas, Cavite, before the end of 2026, bringing much-needed affordable homes closer to many low-income Filipino families. These units form part of the 7,410 the company aims to complete under the government’s Expanded Pambansang Pabahay Para sa Pilipino, or 4PH Program, which pushes for modern, efficient socialized housing built with advanced construction methods.
This Teacher’s Month, AIA Philippines, The Medical City, ABS-CBN Foundation, and the DepEd Schools Division of San Jose del Monte launched the Hope Mobi Clinic, offering free breast cancer screening to 100 public school teachers in Bulacan. A formal Memorandum of Understanding signing solidified the partners’ shared goal of bringing breast health care closer to communities.
The Philippines is expected to welcome 6.3 million international visitors by 2028, leaving arrivals nearly 2 million short of the pre-pandemic peak even as tourism across Asia-Pacific rebounds beyond 2019 levels.