Press release
Philippines Real Estate market is expected to reach USD 39 billion by 2020: Ken Research
Philippines Real Estate Market
Rapidly growing remittances from overseas Filipino workers, a rapid shift from offline real estate purchase to online portals, a surging IT-BPO sector leading to a huge demand for office spaces and rapid employment generation, is escalating the demand for real estate market in the Philippines.
The Philippines real estate market has been penetrated with high competition arising from a large number of real estate developers in the market. The major real estate players in the market include Ayala Land Inc, S.M Prime Holdings, Megaworld Corporation and Robinson Corporation. The revenues of the industry have grown at a CAGR of 17% from 2010 to 2015.
According to the research report, the revenues from Philippines real estate market is anticipated to post the revenues to USD 39 billion by 2020 due rapid expansion in the real estate construction projects and increasing urbanization. The demand is also expected to rise due to a growth in the number of BPO and other multinational companies.
“In the current scenario, it is highly important for the real estate developers to meet the growing demand for the real estate properties in Philippines. It is important to solve the problem of housing backlog in the market. It is also important to for the government to boost infrastructure spending and also provide incentives to the real estate developers so that they shift their focus towards socialized housing” according to the Research Analyst, Ken Research.
Key Topics Covered in the Report:
Philippines Real Estate Market
Metro Manila Real Estate Market
Metro Manila Residential Real Estate Market
Metro Manila Retail Real Estate Market
Metro Manila Commercial Real Estate Market
Metro Manila Hotel Real Estate Market
Metro Cebu Real Estate Market
Metro Cebu Residential Real Estate Market
Metro Cebu Retail Real Estate Market
Metro Cebu Commercial Real Estate Market
Metro Cebu Hotel Real Estate Market
Davao Real Estate Market
Davao Residential Real Estate Market
Davao Retail Real Estate Market
Davao Commercial Real Estate Market
Davao Hotel Real Estate Market
Market Share of Major Players
Snapshot of Real Estate Financing
Snapshot of Real Estate Brokerage
Trends and Development
SWOT Analysis
Competition and Market Share
Government Role
Future Outlook
Macro Economic Parameters
Key Products Mentioned in the Report
Residential Real Estate, Retail Real Estate, Commercial Real Estate, Hotel Real Estate
Companies Covered in the Report
Property Company of Friends
DMCI Homes
Ayala Land Inc
S.M Prime Holdings
Filinvest
Vista Land
Profriends Group Inc
Century Properties
Federal Land
Robinson Corporation
Megaworld Corporation
Phil. Property Expert
Cebu Realty & Brokerage
OLX
Lamudi
Zipmatch
Property 24
Source : https://www.kenresearch.com/manufacturing-and-construction/real-estate/philippines-real-estate-market-research-report/29319-97.html
Related Reports:
Middle East Real Estate Market Outlook to 2019 - Demand for Destination Retail and Affordable Housing to Shape Future
Indonesia Real Estate Market Outlook to 2018 - Expected Burst in Demand Influenced by Bubble Fears
India Facility Management Market Outlook to 2020 - Driven by Rapid Growth of Commercial Spaces and Advent of Smart Cities
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
• Future growth of Philippines Real estate market is expected to be led by growth in construction, rising personal disposable incomes, growing BPO sector, rising remittances from OFW
• The market leader, Ayala Land Inc. is expected to maintain focus on continuous expansion of property development in and outside metro Manila.
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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