2021 Philippines Real Estate Trends to Watch

Emerging Trends in Philippines Real Estate: What to Watch for in 2021

As the Philippines keeps growing, the real estate market is changing. In 2021, there are some new trends that are shaping the country’s real estate. From using the internet to caring for the environment, there are many things changing the market. This article will talk about some of the important new trends in Philippines real estate and what to watch for in 2021.

Digital Transformation

One big new trend in Philippines real estate is that more people are using the internet to buy and sell homes. Real estate agents and developers are now showing properties and making deals online. This change has been made faster by COVID-19, as people use digital tools more in real estate. In 2021, we will see more online property viewings, auctions, and marketing. This makes it easier for buyers and sellers to connect and makes the real estate market more open and accessible.

Sustainable Developments

Another important new trend in Philippines real estate is that more people are caring about the environment. Developers are now making buildings with green features and eco-friendly things like energy-efficient materials and green spaces. In 2021, we will see more buildings like this all around the country. This trend is because the government wants to make cities more sustainable and lessen the country’s carbon footprint.

Co-Living and Co-Working Spaces

Also, people are now asking to live together and work together more. With more people working from home, there is a bigger need for places where people can live and work together. In 2021, we will see more buildings in the city that are made for people who want to share their living and work spaces. Young professionals, digital nomads, and freelancers will find these kinds of places helpful.

FAQs

What impact will the COVID-19 pandemic have on the real estate market in 2021?
The pandemic has changed how people look at real estate in the Philippines, and in 2021 we will see more online deals and a bigger focus on health and safety in buildings.

How will sustainable developments impact the real estate market?
We think sustainable buildings will help the Philippines be more green and keep the air clean. People are also wanting to buy more houses and apartments that are good for the environment.

What are the benefits of co-living and co-working spaces?
Living and working together is flexible and affordable. These spaces also give people the chance to get to know each other and make connections.

References
Philstar – Real Estate Trends in the Philippines 2021
BusinessWorld – Emerging Trends in Philippine Real Estate Post-COVID-19
JICA – Sustainable Urban Development in the Philippines