After experiencing a slowdown for the past two and half years caused by the pandemic, Metro Manila’s luxury condominium market started making a comeback in 2022, according to the latest data from Colliers Philippines. Know more:
After experiencing a slowdown for the past two and half years caused by the pandemic, Metro Manila’s luxury condominium market started making a comeback in 2022, according to the latest data from Colliers Philippines.
A constant rise in land values coupled with surging prices of construction materials also compel developers to focus on the more expensive spectrum of Metro Manila’s condominium market. According to Colliers Philippines, investors prefer these luxury units due to capital appreciation potential and are a viable hedge against inflation. A constant rise in land values coupled with surging prices of construction materials also force developers to focus on the more expensive spectrum of Metro Manila’s condominium market.
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