Philippines Real Estate Market Outlook to 2020
Region:Asia
Product Code:KR395
May 2016
227
About the Report
Market revenues from the real estate market in Philippines are expected to expand to USD ~ million in FY’2020, growing with a CAGR of ~% from FY’2015 to FY’2020.
Metro Manila contributes the largest share in the Philippines real estate. The market for real estate in Metro Manila posted revenue of USD ~ billion in 2015 as compared to USD ~ billion in 2010. The market witnessed a CAGR of ~ during 2010-2015. 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 retail sector contributed to the highest market share in the Manila real estate market accounting for ~ % share in 2015. The sector grew at a CAGR of ~ % during 2010-2015. 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 of ~ % during 2010- 2015 on the back of rising tourism in the country.
Cebu, being the second largest province in the Philippines also contributed a major chunk of revenue to the real estate industry in the Philippines. Market witnessed a rapid growth, posting revenues amounting to USD ~ billion in 2015. The market grew at a CAGR of ~% during 2010-2015, owing to surge in overseas remittances from Filipinos abroad, increasing demand for middle range and economic housing projects by OFWs. Huge investments by major real estate developers in Philippines accompanied by low interest rates have led to an increase in the construction and demand for residential units. The residential real estate sector grew at a CAGR of ~% during 2010-2015.
The real estate market of Davao flourished with growing population, increasing construction activities, lower rentals as compared to Metro Manila, improvement in infrastructure and migration of people to Davao owing to rapidly growing employment opportunities in the BPO sector. Though Davao, contributes only a fraction of share in the overall Philippines real estate market, the province is certainly becoming a choice of property purchase in Philippines especially the residential property due to high urbanization. The real estate market in Davao grew at a CAGR of ~% during 2010-2015, posting revenue of USD ~ million in 2015.
- The market size of the Philippines, Metro Manila, Metro Cebu and Davao Real Estate market
- Market segmentation of Manila Real Estate Market by Residential, Commercial, Retail and Hotel Sector and on the basis of Rental and Real Estate Sales market.
- Market segmentation of Davao Real Estate Market by Residential, Commercial, Retail and Hotel Sector and on the basis of Rental and Real Estate Sales market.
- Market segmentation of Cebu Real Estate Market by Residential, Commercial, Retail and Hotel Sector and on the basis of Rental and Real Estate Sales market.
- Trends and Development in the Philippines Real Estate market
- Role of government in Philippines Real Estate market
- Market Share of major players in the Philippines Real Estate market
- Competitive landscape of the major players in the Philippines Real Estate Market
- Snapshot of Online Real Estate market in Philippines
- Philippines Real Estate Brokerage Market
- Philippines Real Estate Financing Market
- Future Outlook and Projections of Philippines Real Estate Market
- Macro Economic Variables affecting the Philippines Real Estate market
Products
Residential Real Estate, Retail Real Estate, Commercial Real Estate, Hotel Real Estate
Companies
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
Table of Contents
1. Executive Summary
Metro Manila Real Estate Market
Cebu Real Estate Market
Davao Real Estate Market
Philippines Online Real Estate Market
Philippines Real Estate Financing
Philippines Brokerage Market
Competition Analysis
1.1. Market Definition
1.2. Abbreviations
1.3. Consolidated Approach
Market Sizing Approach
1.4. Limitations of the Model
Multi Factor Based Sensitivity Model
Final Conclusion
2. Philippines Real Estate Market Size and Introduction, 2010-2015
3. Metro Manila Real Estate Market
3.1. Metro Manila Real Estate Market Size, 2010-2015
4. Metro Manila Real Estate Market Segmentation
4.1. Residential Real Estate Sector
4.1.1. By Rental & Sales Residential Real Estate Sector
4.2. By Commercial/Office Real Estate Sector
4.2.1. By Rental and Sale Commercial Real Estate Market
By Demand from Major Commercial Enterprises
4.3. By Retail Real Estate Sector
4.3.1. By Retail Real Estate Rental Sector Snapshot
4.4. By Hotel Real Estate Sector
4.4.1. Pricing Analysis of Different sectors in Manila for Major Cities, 2015
4.5. Trends and Developments in Metro Manila Real Estate Market
Growing IT-BPO Industry
Increasing Demand from Residential Sector
Infrastructure Plans in Mega Manila Boost Expansion
Growth in Tourism Further Encourage Hotel Development in Manila
4.6. Metro Manila Real Estate Market Future Outlook and Projections, 2016-2020
5. Metro Cebu Real Estate Market
5.1. Cebu Real Estate Market Size, 2010-2015
By Sectors-Residential, Office, Hotel and Retail, 2015
5.2. By Residential Real Estate Sector
5.2.1. By Rental and Sale Residential Real Estate Sector
5.3. By Commercial/Office Real Estate Sector
5.3.1. By Rental and Sale Commercial Real Estate Sector
5.4. By Retail Real Estate Sector
5.5. By Hotel Real Estate Sector
5.5.1. Pricing Analysis of Different sectors in Cebu for Major cities, 2015
5.6. Cebu Real Estate Market Future Outlook and Projections, 2016-2020
5.7. Trends and Developments in Cebu Real Estate Market
Strong Economic Growth in Cebu
Mounting Demand for Residential Units
Outsourcing and Hotel Industry Fuel Retail Expansion in Cebu
6. Davao Real Estate Market 2010-2015
Davao Real Estate Market Segmentation- By Residential, Office, Retail and Hotel, 2010-2015
6.1. By Residential Real Estate Sector
6.1.1. By Rental and Sale Residential Real Estate Sector
6.2. By Office/Commercial Real Estate Sector
6.3. By Retail Real Estate Sector
6.3.1. By Rental Retail Real Estate Sector
6.4. By Hotel Real Estate Sector
6.5. Trends and Developments in Davao Real Estate Market
Increasing Income Trigger the Growth of Retail Real Estate Sector in Davao
High Demand For Condominium
6.6. Davao Real Estate Market Future Outlook and Projections, 2016-2020
7. Growth Drivers in Philippines Real Estate Market
OFW Remittances
Shift from Offline to Online Real Estate Portals
Surging IT-BPO Sector
8. Issues and Challenges in Philippines Real Estate Market
Increasing Rentals
Weak Public Infrastructure and Low Property Market Transparency
Access to Financing
Increased Competition
9. Company Profiles of Major Players in Philippines Real Estate Market
9.1. Ayala Land Inc.
9.1.1. Company Overview
9.1.2. Business Strategies
Expanding Hotel Business
New Real Estate Projects and Expansions
9.2. S.M Prime Holdings
9.2.1. Company Overview
9.2.2. Business Strategies
Opening up new malls
Increasing Investments
SM Prime Collaborates With Ayala Land Inc. for Expansion
Booming BPO Sector
9.3. Vista Land
9.3.1. Company Overview
9.3.2. Business Strategies
Vista Land Expands in the Provinces
Vista land Buys 88% Stake in Starmalls for USD 691 Million
9.4. Filinvest Land Inc.
9.4.1. Company Overview
9.4.2. Business Strategies
Continuous Focus on Sustainable Growth
Portfolio expansion
Retail space expansion
9.5. Robinson Land Corporation
9.5.1. Company Overview
9.5.2. Business Strategies
Expansion in the Retail Sector
Office Space Expansion
Expanding The Budget Hotel Segment
9.6. Profriends Group Inc
9.6.1. Company Overview
9.6.2. Business Strategies
Focus on Expansion
Plans to Expand Geographical Presence by Identifying New and Potential Growth Areas for Land Banking
9.7. DMCI Homes
9.7.1. Company Overview
9.7.2. Business Strategies
Construction of New Residential Units
Increasing Investments for New housing projects
9.8. Century Properties
9.8.1. Company Overview
9.8.2. Business Strategies
Expansion in Residential, Office and Retail Sector
Strengthening Commercial Portfolio
Expansion outside Metro Manila
Plan Century 2020
9.8.3. Financial Performance, 2010-2015
9.9. Federal Land Inc.
9.9.1. Company Overview
9.9.2. Business Strategies
Real Estate Project Launches
9.9.3. Financial Performance, 2010-2015
9.10. Megaworld Corporation
9.10.1. Company Overview
9.10.2. Business Strategies
To Sustain a Diversified Development Portfolio
Allocates USD 4.99 Billion for Expansion
10. Government Role and Regulations in Philippines Real Estate Market
10.1. Residential and Commercial Lease Terms in Philippines
10.2. Transaction Cost in Philippines Residential and Commercial Market
10.3. Ownership Restrictions
10.4. Real Estate Taxation
10.5. Mortgage Regulations
11. Snapshot on Philippines Real Estate Financing
11.1. Amount of Loan Disbursed For Real Estate Sector, 2010-2015
11.1.1. Interest Rate on Housing Loan
11.2. Procedure of Obtaining Real Estate Finance in Philippines
12. Philippines Brokerage Industry Market Introduction, 2010-2015
12.1. Philippines Brokerage Industry Market Segmentation
12.1.1. By Rental and Sale Property Revenues, 2010-2015
12.2. Brokerage Rates in Philippines
12.3. Major Property Brokerage Houses In Philippines
12.4. Real Estate Brokerage Market Regulations
13. Snapshot of Philippines Online Real Estate Market
13.1. Philippines Online Real Estate Market Introduction, 2010-2015
13.2. Business Models Prevalent in Philippines Online Real Estate Market
13.3. Consumer Profiles in Philippines Online Real Estate Market
13.4. Competitive Landscape of Major Players in Philippines
14. Market Share of Major Players in Philippines Real Estate Market
15. Philippines Real Estate Market Future Outlook and Projections, 2016-2020
Factors Impacting the Most While Opting for a Real Estate Investment
15.1. Philippines Real Estate Market Future Outlook by Province, 2016-2020
15.2. Cause and Effect Relationship in Philippines Real Estate Market
15.3. Analyst Recommendations
15.3.1. Improve Access to Financing
15.3.2. Provide Incentives to Real Estate Developers
15.3.3. Boost Infrastructure Spending
15.3.4. Improving Housing Backlog
16. Macroeconomic Factors Affecting Philippines Real Estate Market
16.1. Number of Households
16.2. Urban Population
16.3. Inbound Tourists in Philippines
16.4. Disposable Income per Household in Philippines
Disclaimer
Contact Us
Why Buy From Us?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.