Industry Insights

It is no secret that tourism has been one of the badly hit industries by the COVID-19 pandemic, but despite the crisis, the Department of Tourism (DOT) continues to think of ways on how to mitigate the economic impact of the pandemic.

The Philippine real estate industry has been very bullish for the past decade and has been able to withstand temporary setbacks. This pandemic, however, has definitely caused a decline across all markets. Despite this, the Philippine real estate industry remains to be perceived as generally resilient compared to other types of asset. Sentiments towards the sector have been relatively optimistic despite the impact of the pandemic due to the observed adaptive measures that companies have been doing to adjust to market changes.

As another year unfolds, another set of trends and outlook are also awaiting to be tapped this year. Here are the six real estate ventures to watch out for!

Staycations… it’s like that breath of fresh air you’ve been looking for after traversing the metro, that oasis in the middle of the desert or that light at the end of the tunnel… That is before you have to go through the metro, desert, and possibly another tunnel once again.