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Philippine Property Market News (April 2020)

Claro Cordero Jr. • 04/05/2020
Cushman & Wakefield Philippines is pleased to present the April 2020 issue of its Property Market News report. In this report, we take a look at how the local residential market is adapting to new technologies to cater to potential home buyers amidst the global health crisis. We also delve into the current status of the hospitality industry as its copes with the ongoing enhanced community quarantine (ECQ), as well as relevant news and trends in key Philippine property market sub-sectors.  

 

  • Conglomerates approach the COVID-19 pandemic with extra caution as they opt in cutting spending to keep financial position afloat.
  • Coworking arrangement is seen to gain more popularity in Metro Manila fueled by the freelancers, entrepreneurs, start-ups, small corporations, IT firms, BPOs, and multinational corporations.

 

The above is an excerpt of the April 2020 report. To read the full report, click on the Download button on the right.