COVID-19 Real Estate Developer Sentiment Survey

Claro Cordero Jr. • 11/09/2020

As the Philippines formally enters into the recession phase after registering a record contraction of 16.5% and 0.7% in Q2 2020 and Q1 2020, respectively, the continued disruption to business and economic activities weighed heavily on consumer spending — the biggest contributor to GDP – by shrinking 15.5% in Q2 2020.

Faced with the weighed-down consumer sentiment along with the anticipated decline in overseas Filipino (OF) remittances and tourism receipts — two of the most-hit sectors of the economy due to the severity of containment measures in response to the COVID-19 virus — amidst the burgeoning unemployment rate, it is imperative to take a look at the severity of its implications from the viewpoint of the Philippines’ real estate developers.

COVID-19 Real Estate Developer Sentiment Survey presents the over-all state of the Philippine commercial real estate market from the perspective of the real estate developers. The report provides a glimpse on how the real estate developers view the current real estate market environment and highlights their insights on its future growth direction amidst the impact of the COVID-19 pandemic. Click here to download the report.

Related Insights

Policy Watch Singapore Budget 2021
Insights • Commentary

Policy Watch Singapore: Budget 2021

As the country climbs back from the steep recession, the latest budget is calibrated towards the safe reopening of the economy and those who lagged behind, including the hardest-hit sectors and vulnerable social segments as well as initiatives that aim to generate the most bang for the buck in the long term.
Xian Yang Wong • 16/02/2021
APAC Cold Storage Logistics report
Research • Logistics

APAC Cold Storage Logistics: A Fast Growing Sector Riding on Vaccine and E-Commerce

Cold storage logistics is a sector that has gained traction in recent months. In this report we analyse the key factors driving the demand for cold storage in Asia Pacific and the opportunities for investments in this sector.
Shaun Brodie • 09/12/2020
Office REITs Still Viable Investments despite Challenges in Office Market
Insights • Office

Office REITs Still Viable Investments despite Challenges in Office Market

With the office market continuing to face significant challenges as working from home is expected to remain widespread and a rise in retrenchments resulting in a number of firms giving up spaces, many investors are wondering – are office REITs still a viable investment?