• 2 days ago
Condo Units Are Not Selling | The Manila Times Newsmakers

Watch The Manila Times Columnist Ben Kritz and Colliers Philippines Director for Research Joey Roi Bondoc talk about the Philippine property market in this episode of the Newsmakers on Feb. 19, 7 a.m., at The Manila Times Streaming Channel.

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Transcript
00:00What are the prospects that you know that that you know these rentals are going to come back
00:04and the vacancy rates are going to start to go down again? Well in the condominium sector Ben,
00:09we're not seeing a substantial spike or a recovery in terms of lease rates across the
00:15Metro Manila again. Let me go back to the condominium sector. As of third quarter of 2024,
00:23we have 75,000 unsold condominium units in Metro Manila. 27,000 of those are ready for occupancy.
00:53you

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