Metro Manila condo launches fell to lowest level in 5 years — LPC - BusinessWorld Online

Metro Manila condo launches fell to lowest level in 5 years — LPC - BusinessWorld Online

NEW CONDOMINIUM launches in Metro Manila slumped to a five-year low in the first quarter, as property developers focus on clearing their existing inventory, according to property consultancy firm Leechiu Property Consultants (LPC). LPC’s latest Philippine Property Market Report showed new condominium launches in Metro Manila plunged by 77% to 1,347 units in the January-to-March period from 5,928 units in the fourth quarter of 2024. This was also…