The price of residential real estate in the Philippines has been on the rise in recent years. In 2023, the price index reached 161.4 points, indicating a significant increase from 112.4 index points in 2016. The Residential Real Estate Price Index (RRPI) 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 (RRPI) with a base value of 100 as of the first quarter of 2014. Among the different types of housing units, condominiums registered the highest RRPI, followed by townhouses. The price index of condos fluctuated between 2017 and 2023, with the highest growth recorded between 2018 and 2019. Moreover, the price index of single-detached and attached houses experienced its highest rate of growth in 2023.  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 155,000 completed condominium units, and half 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.

The ASEAN Office Real Estate Market Report is Segmented by Geography (Singapore, Thailand, Vietnam, Indonesia, Malaysia, Philippines, and Rest of ASEAN). The Report Offers Market Sizes and Forecasts in Terms of Value (USD) for all the Above Segments.

The residential real estate price index in the Philippines experienced a 10.9 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.

Graph and download economic data for Residential Property Prices for Makati, Philippines (QPHN628BIS) from Q1 2008 to Q3 2024 about Makati, Philippines, residential, HPI, housing, price index, indexes, and price.

In 2023, the price index of condominium units in the Philippines was 204.4 index points. The index points of condominium units in the country have significantly increased over the last five years - except for a slight decrease in 2021. The Residential Real Estate Price Index (RRPI) is used to measure the rate that the price of residential properties are changing over time. It is also an indicator to assess the real estate and credit market situation in the country.

The size of the ASEAN Office Real Estate Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 9.00">> 9.00% during the forecast period. The ASEAN office real estate market encompasses the development, leasing, and investment in office spaces across the Association of Southeast Asian Nations (ASEAN) member countries, which include Indonesia, Malaysia, Singapore, Thailand, the Philippines, Vietnam, and others. This market has witnessed significant growth driven by rapid urbanization, economic development, and increasing foreign direct investment in the region. As companies expand their operations and establish a presence in ASEAN, the demand for high-quality office spaces has surged, particularly in key cities such as Singapore, Bangkok, and Jakarta. The market is characterized by a diverse range of office types, including traditional office buildings, co-working spaces, and flexible office solutions. The rise of remote work and changing employee preferences have accelerated the popularity of co-working spaces, which offer businesses the flexibility to adapt to fluctuating workforce needs while promoting collaboration and innovation. Additionally, sustainability has become a critical focus, with developers and tenants increasingly seeking green buildings that comply with environmental standards, contributing to energy efficiency and reduced operational costs. Recent developments include: September 2022 - Ciputra International (a real estate company), inaugurated the Propan Tower. This project has 17 floors and is spread across 7.4 hectares, consisting of 10 buildings, 6 offices, 3 apartments, and 1 hotel. The project was developed to meet the increasing demand for office space in Jakarta., February 2022 - Hulic (a real estate company) signed a Purchase Agreement with Japan Excellent (a real estate investment trust that mainly invests in office buildings in Tokyo) to buy Trust Beneficiary Rights in Shintomicho Building for JPY 3.1 billion (USD 25.4 million). The Trust Beneficiary Rights in the Shintomicho Building will be transferred in two parts, with the first phase being the transfer of 40% ownership for JPY 1,24 billion (USD 10.1 million) and the second phase involving the transfer of the remaining 60% ownership for JPY 1.86 billion (USD 15.3 million).. Key drivers for this market are: Increasing geriatric population, Growing cases of chronic disease among senior citizens. Potential restraints include: High cost of elderly care services, Lack of skilled staff. Notable trends are: Demand for Co-Working Spaces Driving the Market.

In 2023, the lower mid-income segment dominated the pre-selling condominium market in the Philippines, accounting for 47 percent of the total uptake. In comparison, the economic segment only accounted for three percent compared to 11 percent of the luxury segment.

During the 2023 financial year, the market capitalization value of Ayala Land amounted to 515 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.

In 2023, the price index of duplex house units in the Philippines was at 197.9 index points. The index points of duplex house units in the country has fluctuated over the given period of time. The Residential Real Estate Price Index (RRPI) is used to measure the rate that the price of residential properties are changing over time. It is also an indicator to assess the real estate and credit market situation in the country.

The Philippines Software-Defined Wide Area Network (SD-Wan) Market Report is Segmented by Offering (solutions (software, Equipment, Etc. ), and Services (consulting, Technical Support, Managed Services, Etc. )), by Organization Size (small and Medium Enterprises and Large Enterprises), and by End-User Industry (BFSI, IT & Telecom, Healthcare, Retail and E-Commerce, Manufacturing, and Others (construction & Real-Estate, Utilities, Transportation, Education, Etc. )). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The report is useful for facility management companies, real estate and consulting companies to align their market centric strategies according to ongoing and expected trends in the future.

Philippines Roofing Market size was valued at USD 230 Million in 2024 and is projected to reach USD 380 Million by 2032, growing at a CAGR of 6.1% during the forecasted period 2025 to 2032.

The Philippines Roofing Market is driven by rapid urbanization and increasing residential and commercial construction activities, fueled by government infrastructure projects under the “Build, Build, Build” program. Rising disposable income and demand for durable, weather-resistant roofing materials, especially in typhoon-prone areas, are boosting market growth. The adoption of energy-efficient and eco-friendly roofing solutions, such as cool roofs and solar-integrated systems, is gaining traction due to sustainability concerns and rising energy costs. Additionally, the expanding real estate sector, coupled with foreign investments and a growing middle class, is further propelling demand for high-quality roofing materials.

The net income of Megaworld Corporation, a real estate property developer in the Philippines amounted to about 14.4 billion Philippine pesos in 2021. Megaworld Corporation is involved in the development, leasing and marketing of real estate in the Philippines. In 2018, the value added by real estate, renting and business activities in the country was valued at 1.05 trillion Philippine pesos.

In 2023, the price index of townhouse units in the Philippines was at 201.9 index points. The index points of townhouse units in the country have increased year-on-year since 2016. The Residential Real Estate Price Index (RRPI) is used to measure the rate that the price of residential properties are changing over time. It is also an indicator to assess the real estate and credit market situation in the country.

In 2023, the single-detached or attached house price index in the Philippines was at 138.5 index points. The index points of single-detached or attached house units fluctuated over the given period of time. The Residential Real Estate Price Index (RRPI) is used to measure the rate that the price of residential properties is changing over time. It is also an indicator to assess the country's real estate and credit market situation.

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.

In 2020, Megaworld Corporation reported a significant decrease in its earnings before interest, taxes, depreciation and amortization (EBITDA). The EBITDA generated by Megaworld Corporation amounted to 18.7 billion Philippine pesos in that year, reflecting a 35 percent decrease compared to the previous year.

As of December 2021, the overall affordable housing demand in the Philippines reached 6.7 million units. Across all regions, Region IV-A had the highest low-cost or economy housing needs of about 1.4 million units, followed by the National Capital Region (NCR) or Metro Manila with about 700,000 units.

In 2023, the condominium units take-up in the pre-selling market in Metro Manila in the Philippines reached 23,000, indicating an increase from the previous year. Despite the increase, this figure remains lower than the peak value of 58,000 in 2018. Metro Manila comprises several cities in the National Capital Region, including the country's capital, Manila.

In 2019, the asset share of the office real estate business of SM Prime Holdings Inc. in the Philippines accounted for about eight percent of the total assets value of the company. The assets of the office real estate business was slightly higher compared to the previous year.