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The truth behind Metro Manila’s condo crisis - BusinessWorld Online

Summary by bworldonline.com
METRO MANILA’S CONDOMINIUM OVERSUPPLY IS STRICTLY LOCALIZED, NOT MARKET-WIDE Contrary to common narratives, Metro Manila is not experiencing a widespread condominium oversupply. This perceived glut is primarily concentrated in specific areas — most notably in select barangays of Pasay, Parañaque and Muntinlupa — likely driven by the exodus of Philippine Offshore Gaming Operators (POGO), which significantly increased condo vacancies in those neig…
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The truth behind Metro Manila’s condo crisis - BusinessWorld Online

METRO MANILA’S CONDOMINIUM OVERSUPPLY IS STRICTLY LOCALIZED, NOT MARKET-WIDE Contrary to common narratives, Metro Manila is not experiencing a widespread condominium oversupply. This perceived glut is primarily concentrated in specific areas — most notably in select barangays of Pasay, Parañaque and Muntinlupa — likely driven by the exodus of Philippine Offshore Gaming Operators (POGO), which significantly increased condo vacancies in those neig…

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bworldonline.com broke the news in on Monday, March 31, 2025.
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