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Nov 8, 2021 · As of 8 November 2021. Negotiations. Landlords and tenants are expected to consider the effects of the COVID-19 pandemic in negotiating new or renewal of lease agreements, in particular clauses on force majeure, rent relief, lease term, and holdover rights.
- Slow Processing of Permits
- Stricter Bank Lending
- Shifting Preferences
In the first track of the roundtable discussion, Revive: Property Investment in the Post-Pandemic World, Franco Soberano, EVP and COO of Cebu Landmasters Inc., said that they’ve experienced a slowdown in securing approval from authorities. “One challenge we face is permitting. Of course, the focus now of our LGUs (local government units) is to secu...
Property developers agree that while there was a slump in demand in the first two months of the lockdown, the interest bounced back after. In the third track of the roundtable discussion Redesign: Buoying the Market Through Changes, Raphael Felix, Chairman of the Board of Subdivision and Housing Developers Association and President and CEO of Phinm...
What was very apparent in Lamudi’s recent roundtable discussion is that the pandemic has made a significant shift in property buyers’ essentials. “They demand more from developers, given the changes in their preferences,” Tek Samaniego, Editor of Philippine Daily Inquirer Property, noted. The industry leaders identified three preferences that have ...
Sep 15, 2020 · In Lamudi’s online roundtable, On the Horizon: Real Estate Leaders on Market Recovery, thought leaders agreed on one of the most important features of the property industry today: the market is resilient amid the pandemic. Despite the slowdown in activities, the sector is on its way to recovery.
Jun 26, 2020 · The COVID-19 Real Estate Developer Sentiment Survey Second Edition seeks to gauge the changes in the real estate developers’ viewpoint on the recovery prospects of the economy and the real estate sector as uncertainties remain, more than a year after the onset of COVID-19 pandemic in the Philippines when the first issue of the survey was ...
- Head-Research, Consulting & Advisory Services
Mar 13, 2020 · As the property market faced challenges in the popular tourist destination Tagaytay after the Taal eruption, and the panic in Metro Manila due to the SARS-COV-2 virus, the property market remains resilient, says industry leaders.
Nov 9, 2020 · Real estate developers in the Philippines remain largely less optimistic as they expect capital values and rental rates to soften in the short-term. In the medium-term, developers express optimism that the property market will show early signs of recovery along with moderate growth in capital values and rental rates.
Dec 16, 2021 · In the second quarter of 2021, however, the real estate and construction subsectors have started to recover as restrictions on mobility and economic activity were gradually relaxed. We also saw real estate demand slip due to pandemic-related uncertainties.
