The price of residential real estate in the Philippines has been on the rise since 2016. In 2024, the price index reached ***** points, indicating a significant increase from ***** index points in 2016. The Residential Real Estate Price Index (RREPI) is used to measure the rate at which the price of residential properties changes over time. It is also an indicator to assess the country's real estate and credit market situation. Prices of housing units  The price of housing units in the Philippines is not measured in absolute values but using the Residential Real Estate Price Index (RREPI) with a base value of 100 as of the first quarter of 2014. Among the different types of housing units, duplex houses registered the highest RREPI, followed by condo units. Meanwhile, the prices of single-detached and attached houses experienced its highest rate of growth in 2024. The condominium market  Condominium units are common in metropolitan cities in the Philippines, such as Metro Manila, Cebu, and Davao. The demand for such properties is fueled by urbanization, leading to an expansion of commercial and industrial hubs. Foreign investments and sustained remittances from migrant workers also contribute to the appetite for condominium properties. In Metro Manila alone, there were roughly ******* completed condominium units in 2023, and **** of the occupied units belong to the lower mid-income segment. Meanwhile, the residential hubs of Cebu and Davao had the highest condo stock among other provinces in the country in 2022.

Philippines real estate market valued at USD 90.5 Bn, driven by urbanization and infrastructure. Expected growth with FDI and sustainable developments.

Key information about House Prices Growth

• Philippines house prices dropped 2.3% YoY in Sep 2024, following an increase of 2.7% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2015 to Sep 2024, with an average growth rate of 4.5%.
• House price data reached an all-time high of 26.6% in Jun 2020 and a record low of -9.4% in Jun 2021.

The ASEAN Office Real Estate Market Report is Segmented by by Building Grade (Grade A, Grade B, and Grade C), by Transaction Type (Rental and Sales), by End Use (Information Technology (IT & ITES), BFSI (Banking, Financial Services and Insurance), and More) and by Country (Indonesia, Vietnam and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Residential Property Prices in Philippines increased 7.56 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Philippines Residential Property Prices.

Philippines real estate and affordable housing market valued at USD 8 Bn, driven by urbanization, population growth, and government initiatives for low-income housing.

The residential real estate price index in the Philippines experienced a 3.2 percent growth in comparison to the previous year. Housing prices in the country have been increasing year-on-year since 2017, except for 2021. The Residential Real Estate Price Index (RREPI) is used to measure the rate at which the price of residential properties changes over time. It is also an indicator to assess the country's real estate and credit market situation.

The real estate activities industry in the Philippines generated total revenues amounting to approximately *** billion Philippine pesos in 2022. Between industry subgroups, real estate activities with owned or leased property contributed the higher revenues.

Philippines online classifieds for real estate market valued at USD 90 Bn, anticipated to reach USD 131 Bn by 2033, driven by internet penetration, urbanization, and PropTech adoption.

The report covers the Philippines real estate market overall competitive landscape, government role and regulations, trends and developments, market segmentation.

Key information about Philippines Gold Production

• Philippines Real Residential Property Price Index was reported at 157.205 2010=100 in Sep 2024.
• This records a decrease from the previous number of 160.843 2010=100 for Jun 2024.
• Philippines Real Residential Property Price Index data is updated quarterly, averaging 143.399 2010=100 from Mar 2008 to Sep 2024, with 67 observations.
• The data reached an all-time high of 178.219 2010=100 in Jun 2020 and a record low of 99.243 2010=100 in Mar 2011.
• Philippines Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Philippines Real Estate and PropTech Market valued at USD 90.5 Bn, driven by urbanization, foreign investments, and PropTech innovations for residential and commercial growth.

House price index in the Philippines, March, 2025 The most recent value is 292.78 index points as of Q1 2025, an increase compared to the previous value of 285.32 index points. Historically, the average for the Philippines from Q1 2008 to Q1 2025 is 171.74 index points. The minimum of 95.8 index points was recorded in Q1 2008, while the maximum of 292.78 index points was reached in Q1 2025. | TheGlobalEconomy.com

Graph and download economic data for Residential Property Prices for Makati, Philippines (QPHN628BIS) from Q1 2008 to Q1 2025 about Makati, Philippines, residential, HPI, housing, price index, indexes, and price.

In 2023, the luxury segment accounted for 11 percent of the pre-selling condominium market in the Philippines, indicating an increase from the previous year's seven percent. Luxury units were identified as those valued at 20 million Philippine pesos and above.

During the 2023 financial year, the market capitalization value of Ayala Land amounted to *** billion Philippine pesos. The current market value of the outstanding shares of the company has fluctuated over the past eight years. Ayala Land is one of the largest property developers of large-scale, integrated, mixed-use, and sustainable estates in the Philippines.

Philippines Gross Value Added: 1985p: Real Estate data was reported at 5,630.000 PHP mn in Dec 2010. This records an increase from the previous number of 5,333.000 PHP mn for Sep 2010. Philippines Gross Value Added: 1985p: Real Estate data is updated quarterly, averaging 2,231.500 PHP mn from Mar 1981 (Median) to Dec 2010, with 120 observations. The data reached an all-time high of 5,630.000 PHP mn in Dec 2010 and a record low of 1,321.000 PHP mn in Jun 1985. Philippines Gross Value Added: 1985p: Real Estate data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.A056: SNA 1968/1993: Gross Value Added: by Industry: 1985 Price.

Philippines Real Estate Digital Platforms Market valued at USD 90 Bn, driven by urbanization, digital adoption, and PropTech innovations like virtual tours and AI recommendations.

Based on preliminary figures for 2023, the net foreign direct investment in equity capital received by the real estate activities sector in the Philippines reached about ** million U.S. dollars in 2023. The highest net equity placement for this sector was in 2022.

The gross value added generated from the real estate sector in the Philippines amounted to approximately 612 billion Philippine pesos in 2024. The GVA of the real estate industry fluctuated since 2018 and registered its highest value in 2019.