The price of residential real estate in the Philippines has been on the rise since 2016. In 2024, the price index reached 166.6 points, indicating a significant increase from 112.4 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 155,000 completed condominium units in 2023, 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.

Residential Property Prices in Philippines increased 6.74 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Philippines Residential Property Prices.

The ASEAN office real estate market, valued at approximately $100 million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 9% from 2025 to 2033. This expansion is fueled by several key factors. The region's burgeoning economies, particularly in Vietnam, Indonesia, and the Philippines, are attracting significant foreign direct investment, driving demand for modern office spaces. Technological advancements and the rise of the digital economy are also contributing to increased office space needs, particularly in tech hubs across the ASEAN nations. Furthermore, a growing middle class and a young, increasingly skilled workforce are bolstering the demand for high-quality office accommodations in major cities like Singapore, Bangkok, Ho Chi Minh City, and Jakarta. However, challenges remain. Supply chain disruptions and global economic uncertainties could impact the market's trajectory. Additionally, varying regulatory frameworks across different ASEAN countries may pose obstacles for seamless market integration and development. Despite potential challenges, the long-term outlook remains positive. Strategic investments in infrastructure development, coupled with government initiatives to enhance business environments, are expected to sustain market growth. The increasing adoption of flexible workspaces and sustainable building practices will also shape future market dynamics. Competition among established players like Savills, CBRE, Hines, and local developers is expected to intensify, leading to innovations in design, technology integration, and tenant service offerings. This competitive landscape, along with the underlying economic strength of the region, promises continued expansion for the ASEAN office real estate market in the coming years. While precise regional breakdowns are unavailable, Singapore and Thailand are likely to dominate in terms of market share given their established economies and mature real estate markets. Vietnam, Indonesia, and the Philippines represent high-growth areas with significant potential. Recent developments include: October 2023: The Instant Group (a leading global platform for flexible workspaces) secured a three-year managed office agreement with Arvato Systems Malaysia. The existing office space of Arvato Systems Malaysia in Kuala Lumpur, a pivotal development center for the Arvato Systems Group, is expected to undergo renovation and expansion. Expected to be finished in 2024, the total office space of Arvato Systems Malaysia will be 26,720 sq. ft, with 15,963 sq. ft undergoing refurbishment and an additional 10,757 sq. ft being custom-fit for the company's needs.January 2023: TAM Group, a GSSA (general sales and service agent) based in Hong Kong, expanded its presence in Southeast Asia by opening three new offices. Responding to the increased demand in the region, TAM Group partnered with Thailand’s GP Group and Vietnam’s TP Cargo Transport Services to establish offices in key strategic areas, including Bangkok, Ho Chi Minh City, and Hanoi.. Key drivers for this market are: 4., Increasing Demand for Co-Working Spaces. Potential restraints include: 4., Increasing Demand for Co-Working Spaces. Notable trends are: Demand for Co-Working Spaces is Driving the Market.

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.

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

Comprehensive dataset of 9 Real estate rentals in Philippines as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Philippines Property: Residential: Demand data was reported at 8,400.000 Unit in Dec 2024. This records an increase from the previous number of 480.000 Unit for Sep 2024. Philippines Property: Residential: Demand data is updated quarterly, averaging 1,200.000 Unit from Dec 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 8,400.000 Unit in Dec 2024 and a record low of 480.000 Unit in Sep 2024. Philippines Property: Residential: Demand data remains active status in CEIC and is reported by Colliers. The data is categorized under Global Database’s Philippines – Table PH.EB004: Property Market.

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.

Comprehensive dataset of 119 Real estate rental agencies in Metro Manila‎, Philippines as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

The ASEAN manufactured homes market is experiencing robust growth, fueled by several key factors. The region's burgeoning population, rapid urbanization, and increasing demand for affordable and sustainable housing are driving significant market expansion. A CAGR exceeding 5% indicates a consistently strong trajectory, projected to continue through 2033. Key drivers include government initiatives promoting affordable housing solutions, increasing construction costs of traditional homes, and a growing preference for quicker construction timelines associated with manufactured homes. The market is segmented by type (single-family and multi-family) and geographically across major ASEAN nations, with Malaysia, Thailand, Singapore, and Indonesia representing substantial market shares. While data for precise market sizing is not fully provided, considering the strong growth in other comparable markets and the region's demographics, a reasonable estimation would place the 2025 ASEAN manufactured homes market value in the range of $1.5 to $2 billion USD. The increasing adoption of sustainable building materials and technologies within the manufactured home sector is further contributing to market growth. However, challenges remain including stringent building codes and regulations in some areas, potential supply chain disruptions, and varying levels of consumer awareness regarding the benefits of manufactured housing. The competitive landscape is dynamic, featuring both established international players and regional companies specializing in modular and prefab construction. Companies like ModularCraft, Moderna Homes Pte Ltd, and Karmod are establishing strong market presence, offering a variety of designs and construction services. Further growth will depend on overcoming the aforementioned challenges through effective market education and strategic collaborations. Specific market share distribution across countries within ASEAN will depend on factors including economic development, government policies, and local consumer preferences. While a precise market breakdown is unavailable, we can reasonably assume that Indonesia and the Philippines, owing to their larger populations, will represent significant portions of the market in the forecast period. Continuous innovation in designs, materials, and construction processes is essential for companies to maintain a competitive edge within the growing ASEAN manufactured homes market. Recent developments include: September 2022: Scandinavian Industrialised Building Systems (SIBS) has invested over RM200 million to set up its second manufacturing facility at the Penang Science Park North in Simpang Ampat, Malaysia which boosts the production of modular construction materials. This expansion project is anticipated to increase the production lines to approximately four times more than the current production lines, March 2022: Sampangan (building system manufacturer) built a carbon tech modular home in Indonesia. This is a pilot project for a carbon concrete building system that is affordable for low-income communities. It is estimated to be 40 percent cheaper than conventional affordable housing in the market. The simplicity of design, modularity, knockdown system, and lighter weight would also enable low-income communities that generally do not have formal construction knowledge to build their own homes, and not depend on expensive professional contractors and developers.. Notable trends are: Rapid Urbanization in ASEAN Countries Boosts the Demand for Manufactured Homes.

In 2024, the condominium units take-up in the pre-selling market in Metro Manila in the Philippines reached *****, indicating a significant decrease from the previous year. Metro Manila comprises several cities in the National Capital Region, including the country's capital, Manila.

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Comprehensive dataset of 39 Real estate surveyors in Philippines as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Comprehensive dataset of 4 Real estate schools in Metro Manila‎, Philippines as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Property: Office: Vacancy data was reported at 19.800 % in Dec 2024. This records an increase from the previous number of 18.500 % for Sep 2024. Property: Office: Vacancy data is updated quarterly, averaging 18.500 % from Dec 2021 (Median) to Dec 2024, with 13 observations. The data reached an all-time high of 19.800 % in Dec 2024 and a record low of 15.700 % in Dec 2021. Property: Office: Vacancy data remains active status in CEIC and is reported by Colliers. The data is categorized under Global Database’s Philippines – Table PH.EB004: Property Market.

Philippines Property: Retail: Rent data was reported at 1,440.000 PHP/sq m in Sep 2024. This records an increase from the previous number of 1,438.000 PHP/sq m for Mar 2024. Philippines Property: Retail: Rent data is updated quarterly, averaging 1,434.000 PHP/sq m from Mar 2023 (Median) to Sep 2024, with 4 observations. The data reached an all-time high of 1,440.000 PHP/sq m in Sep 2024 and a record low of 1,418.000 PHP/sq m in Mar 2023. Philippines Property: Retail: Rent data remains active status in CEIC and is reported by Colliers. The data is categorized under Global Database’s Philippines – Table PH.EB004: Property Market.

Philippines Property: Retail: Supply data was reported at 86,900.000 sq m in Sep 2024. This records a decrease from the previous number of 281,000.000 sq m for Mar 2024. Philippines Property: Retail: Supply data is updated quarterly, averaging 84,100.000 sq m from Mar 2023 (Median) to Sep 2024, with 4 observations. The data reached an all-time high of 281,000.000 sq m in Mar 2024 and a record low of 15,000.000 sq m in Mar 2023. Philippines Property: Retail: Supply data remains active status in CEIC and is reported by Colliers. The data is categorized under Global Database’s Philippines – Table PH.EB004: Property Market.

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Philippines Market Cap: PSE: Property data was reported at 2,254,534.775 PHP mn in Oct 2018. This records a decrease from the previous number of 2,346,774.229 PHP mn for Sep 2018. Philippines Market Cap: PSE: Property data is updated monthly, averaging 401,974.195 PHP mn from Oct 1994 (Median) to Oct 2018, with 289 observations. The data reached an all-time high of 2,564,797.427 PHP mn in Jan 2018 and a record low of 116,822.382 PHP mn in Oct 2000. Philippines Market Cap: PSE: Property data remains active status in CEIC and is reported by Philippine Stock Exchange. The data is categorized under Global Database’s Philippines – Table PH.Z002: Philippines Stock Exchange: Capital Raised and Market Capitalization.

Philippines Property: Retail: Vacancy data was reported at 15.100 % in Sep 2024. This records a decrease from the previous number of 15.500 % for Mar 2024. Philippines Property: Retail: Vacancy data is updated quarterly, averaging 14.750 % from Mar 2023 (Median) to Sep 2024, with 4 observations. The data reached an all-time high of 15.500 % in Mar 2024 and a record low of 14.000 % in Mar 2023. Philippines Property: Retail: Vacancy data remains active status in CEIC and is reported by Colliers. The data is categorized under Global Database’s Philippines – Table PH.EB004: Property Market.