Residential Sector: What’s next?

Residential

Residential Sector: What’s next?

May 22, 2020 • PRIME Philippines Research & Advisory Group

A few months after the new coronavirus (COVID-19) outbreak, the Philippine property market, specifically the residential sector, managed to remain stable. In fact, in the first two months of the year, the residential market continued to launch some projects. Even after the implementation of the enhanced community quarantine (ECQ), it managed to continue its transactions online. There may be a slowdown, but the business kept going.
IT-BPO Industry: Adapting through Adversities

Workplaces and Offices

IT-BPO Industry: Adapting through Adversities

May 21, 2020 • PRIME Philippines Research & Advisory Group

The Philippine real estate’s office sector has been significantly affected by the onslaught brought about by the COVID-19 pandemic. Disruptions in business operations caused major losses to the sector. Less expansion activities, lower rental rates, and delay in additional office space supply halted the office market growth and caused uncertainties for some businesses to continue operations in the future.
Disruption to Resumption: Choosing the Next Step for Retailers

Retail and Commerce

Disruption to Resumption: Choosing the Next Step for Retailers

May 15, 2020 • PRIME Philippines Research & Advisory

The prolonged and continuous improvisation of the community quarantine has left business operations in a vulnerable state. Majority of retail operations are struggling to adapt to the impact of the COVID-19 pandemic to the industry. Though use of digital retail is progressive during this period, physical retail establishments are still reeling from being temporarily closed down.
Reimagining the New Normal in Real Estate

COVID-19

Reimagining the New Normal in Real Estate

May 07, 2020 • PRIME Philippines Research & Advisory

As COVID-19 continues to induce uncertainty and disruptions across all markets, businesses are forced to be agile with their plans. Although projecting future scenarios can be very difficult, it is still important for businesses to try to anticipate changes in market behavior.
Is the Property Sector Shifting to a Buyers' Market?

Investments

Is the Property Sector Shifting to a Buyers' Market?

May 06, 2020 • PRIME Philippines Research & Advisory Group

Global uncertainties such as the COVID-19 pandemic alter market behaviors, which bring about new sets of challenges and opportunities. In the real estate industry, potential shifts in investors’ behavior is driven by their own outlook on the performance of the industry.
Landlords, occupiers, and investors remain optimistic with their business recovery from COVID-19 impact

COVID-19

Landlords, occupiers, and investors remain optimistic with their business recovery from COVID-19 impact

April 10, 2020 • PRIME Philippines Research & Advisory Group

In a survey conducted for landlords, occupiers, and investors alike, about 3 out of every 5 respondents possess the outlook that the property prices of the Philippine real estate sector will either remain the same, or even continue to appreciate. In addition to this, when asked how long it would take for the industry to recover, an average of 48% of the total respondents, a mix of landlords, occupiers, and investors, expressed that the recovery period would take an average of 6 months.
Landlords, occupiers, and investors remain resiliently optimistic considering the COVID-19 situation.

COVID-19

Landlords, occupiers, and investors remain resiliently optimistic considering the COVID-19 situation.

April 08, 2020 • PRIME Philippines Research & Advisory Group

In a survey partaken by nearly 500 landlords, occupiers and investors in the Philippines, around 3 out of 5 respondents see that estate prices have had little to no changes or has continued to appreciate.
QC-based Real Estate Firm Supports the Local COVID-19 Cause

COVID-19

QC-based Real Estate Firm Supports the Local COVID-19 Cause

April 01, 2020 • PRIME Philippines

Amid numerous birthdays and other milestones being affected by the enhanced community quarantine throughout the metro, young entrepreneur and founder of homegrown real estate advisory firm PRIME Philippines, Jettson “Jet” Yu, chose to celebrate his 30th birthday by instead of traditionally receiving birthday presents, choosing to donate towards the local COVID-19 pandemic response.
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