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Property consultancy Colliers says one project boosted the value of surrounding land 9-fold
One of the major projects of the Duterte administration is the Build, Build, Build program, which aims to boost infrastructure development across the country. Encompassing over 60 projects spearheaded by the Department of Public Works and Highways (DPWH), Department of Transportation (DOTr) ...
by Lorenzo Kyle Subido | August 23, 2018 10:00:00Colliers report details how offshore gaming firms are driving demand for property in the metropolis
Ever since the Philippine Amusement and Gaming Corp. (PAGCOR) began accepting applications for offshore gaming firms to operate in the Philippines in September 2016, these companies have become a major driver in the country’s real estate industry.While that is most apparent in ...
by Lorenzo Kyle Subido | August 20, 2018 09:00:00Colliers reveals the average growth rate of residential condos in Bay Area, BGC, Makati and Ortigas
Prices of residential condominium units in Metro Manila’s major central business districts (CBDs) rose by an average of 43 percent in the last five years, according to real estate analyst Colliers International Philippines.In its latest quarterly report on Metro Manila’s residential property ...
by Lorenzo Kyle Subido | May 22, 2018 09:00:00Industrial estate developers are heading north as suitable space in Southern Tagalog region runs out
In its fourth quarter 2017 report, property consultancy firm Colliers International Philippines notes that the industrial sector has started to expand to the Northern and Central Luzon due to the significant decline in vacancy rates in the country’s primary industrial hub of ...
by Pauline Macaraeg | February 13, 2018 09:00:00Colliers data shows which types of goods present opportunities for both local and foreign sellers
The sustained growth of the economy in the past few years has attracted big foreign businesses to make significant investments in the country. One of the most prominent examples of this is the increase in multinational retail brands that have expanded their ...
by Lorenzo Kyle Subido | November 16, 2017 10:00:00Property consultancy Colliers says the market is hyperactive but is not yet overheating
The favorable economic environment of the country has led to a so-called property boom that has persisted in recent years. Most of the Philippines’ large property developers have significant condominium projects around the country, and many of these developers are among the ...
by Lorenzo Kyle Subido | November 10, 2017 12:00:00Property analysts see opportunities for investors in locations beyond Makati, BGC and Ortigas
While many condominium buyers tend to focus on central business districts (CBDs) so they can be closer to their offices, property analysts said those looking to buy for investment (either to rent out or sell when prices rise), may find more opportunities ...
by Lorenzo Kyle Subido | August 10, 2017 04:00:00Flats that can be rented for short periods attract a wider market, says property consultancy Colliers
Do you own a condominium unit as an investment? You may find more leasing opportunities by allowing tenants to stay for short periods of time.Property consultancy Colliers International Philippines is urging property investors in Metro Manila to open their condominium units to ...
by Lorenzo Kyle Subido | May 17, 2017 11:00:00Colliers points to slower rental growth and rising vacancies in the city's shopping malls
Thinking of bringing your food and beverage (F&B) business into a mall? Now may be the right time to do so.Property consultancy Colliers International Philippines noted that rising vacancies and lower rental growth in shopping malls have created an opening for more ...
by Lorenzo Kyle Subido | May 17, 2017 10:00:00Fueled by freelancers and millennials, co-working spaces grew 61% in the last 4 years
Technology and demographic shifts are changing not only the business landscape but the look and feel of the workplace itself. In the past few years, the traditional office setup with scores, if not hundreds, of tables or cubicles is giving way to ...
by Lorenzo Kyle Subido | April 17, 2017 11:00:00Prices of luxury condos could climb by up to 36% while rents may drop by 6.4%
The capital values or prices of three-bedroom luxury residential condominium units in three central business districts (CBDs) will continue to rise this year while rental rates will go down, according to the Philippine arm of real estate firm Colliers International.“Given the high ...
by Lorenzo Kyle Subido | February 20, 2017 11:00:00