Philippines residential properties: rents up, vacancy rates down; strong demand and lack of new units at 2nd quarter 2015

According to last Global Property Guide’s report (2nd quarter 2015), in Philippines residential rents up, vacancy rates down.
Residential rents continue to increase in the major CBDs, mainly due to strong demand and lack of new completions.

In the second quarter of 2015:

In Makati CBD, monthly residential rents rose by 1.6% q-o-q to PHP590-1,135 (US$13-24) per sq. m.
In Fort Bonifacio, monthly residential rents rose by 1.9% q-o-q to PHP770-1,100 (US$16-23) per sq. m.
In Rockwell, monthly residential rents rose by 1.8% q-o-q to PHP670-1,070 (US$14-23) per sq. m.

Rents in these locations are projected to increase further in the next 12 months.

In Makati CBD, residential vacancy rates across all grades fell to 7.64% in Q2 2015 from 7.96% in the previous quarter.

For any further information mail to helyospartners@gmail.com

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One thought on “Philippines residential properties: rents up, vacancy rates down; strong demand and lack of new units at 2nd quarter 2015

  1. Secondo l’ultimo rapporto dell’agenzia indipendente Global Property Guide (al secondo trimestre 2015), nelle Filippine gli immobili residenziali hanno registrato un crescita del mercato affitti e una diminuzione nel numero di unità non a reddito; forte domanda e mancanza di nuove unità nelle zone più richieste spiegano la tendenza.

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