Real Estate Development In The Philippines

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FIRST ROMA DEVELOPMENT EXTERNAL ANALYSIS
BA 15 (STRATEGIC MANAGEMENT)

MACRO ENVIRONMENT ANALYSIS

INDUSTRY, SECTOR AND AREA ANALYSIS

MARKET ANALYSIS
The real estate industry is expected to grow and to be sustained this year because of the robust Philippine economy. This success is largely driven by the Philippines’ solid macroeconomic fundamentals, growing knowledge process outsourcing industry, aggressive infrastructure spending by the incumbent Duterte administration, and the sustained private sector confidence. In order to tap to the opportunities of the real estate development industry, one must need to know which sectors to target and how to effectively market and sell your projects.

Target markets
Among the segments you might …show more content…

It covers different aspects such as market sizes of the Philippines focused in Metro Manila, Cebu and Davao real estate market, segmentation based on the major provinces, sectors, rental and sales segmentation in residential, commercial, retail and hotel space. In the report covers the market shares of major real estate development companies in the Philippines and the revenues of the major companies in the Philippine real estate development market.
Philippine real estate development market is driven by rapid urbanization, increasing employment by the Business process outsourcing sector, disposable income, increasing OFW remittances and growing real estate investments. The increase in personal disposable income of the consumers and growth in commercial and residential projects created a demand of real estate property in Philippines.
The Philippines real estate development market has been penetrated with high investments from presence of both international and domestic companies in the market. The market has been concentrated in the terms of revenues, the revenues has been accrued to major players namely Ayala Land Inc, Robinson Corporation and S.M Prime Holdings. Ayala land Inc. has been leading the market share in the overall revenues from real estate sector. Other players include Century properties, DMCI Homes, Federal Land, Property Company of Friends, Filinvest Land Inc. …show more content…

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, increasing disposable income and rising tourism is escalating the demand for all the sectors including residential, commercial, retail and hotel sector.

Metro Manila Market
Metro Manila contributes the largest share in the Philippines real estate. Factors attributed to a significant growth in the province include high take-ups in the office sector, continuously expanding retail sector, followed by major expansion in the BPO industry.
The demand for residential apartments is backed by increasing popularity of condominium, rising BPO sector which is leading to an increase in the number of employees, thereby leading to a rise in demand for residential space in Manila. The hotel market in Metro Manila exhibited a compounded annual growth during 2010- 2015 on the back of rising tourism in the country.
The real estate market in Manila is expected to witness a rapid growth during the forecast period 2016-2020. There will be a tremendous growth an expansion in the retail sector followed by increasing number of residential units.

Cebu Real Estate

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