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Living in Smaller Spaces: How Developers Reinvent the Dormitory Business

Leo Amadeus Ruiz • 19/03/2018

The full report

Our latest report studied the growing presence of dormitel developments within Metro Manila’s central business districts.

The term dormitel is coined from the words “dormitory” and “hotel” as the properties come equipped with hotel-like amenities and property management services. These dormitels offer an upgrade to traditional dormitories and boarding houses, offering fully-furnished units with their own bathrooms and kitchenettes, while keeping prices competitive. The dormitel market is most attractive to young professionals, typically aged 25 to 35 years old earning an average of PHP 25,000 per month, from the IT-BPM and banking sectors.

We estimated that at present, around 1,400 beds are being rented out within the BGC and Makati CBD market alone. The aggregate number of beds in this same area is expected to grow six-fold by 2019.

Small and large developers alike have been drawn to the dormitory business, captivated by the lower capital outlay and land requirement as well as the shorter development period. Large companies such as Ayala Land, SM Investment Corporation, and Anchor Land have all announced in the past year their entry into the dormitory market.


Research • Occupier

Differentiating Flexible Workspaces in Metro Manila

Discover how the flexible workspace landscape is evolving in Metro Manila

Leo Amadeus Ruiz • 04/12/2018
Research • Investment

Key Economic Indicators - Q3 2018

The Key Economic Indicators provide a snapshot of the Philippine economy using widely-published macroeconomic indicators. The KEI explains the relationship of these data and what it means to Philippines’ real estate, both at present and in the future.
Leo Amadeus Ruiz • 29/10/2018
Research • Occupier

How Global Brands Are Shaping the Metro Manila Retailer Landscape

How Global Brands are Shaping the Retailer Landscape is a biennial publication that provides an in-depth view of the international retailer situation in the Philippines.
Leo Amadeus Ruiz • 24/09/2017


Dexcom Philippines New Office Fit-out Project
Dexcom Philippines • Healthcare
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Cushman & Wakefield Stories Philippines Inc. • Travel
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