drbubb Posted December 23, 2017 Report Share Posted December 23, 2017 Property Forecasts for 2018, Colliers etc (Notes from article in today's Ph. Daily Inquirer) 2018 Property Forecast Anticipating "another stellar year in 2018", says Colliers 1/ Infrastructure-led GDP to buoy Property 2/ Metro Manila Condo leasing to remain challenging 3/ Office tenancies to be lead by non-BPO's 4/ Flexible workspace growth to accelerate 5/ Growing popularity of E-Commerce to drive warehousing, logistics demand 6/ Industrial park developers head North of Luzon 7/ More townships outside Metro Manila 8/ More resort-oriented hotels across the country 9/ Continued growth of E-commerce & experiential retail 10/ Leisure, Industrial to drive Cebu property expansion == > more: http://www.colliers.com/en-gb/philippines/about/media/top_10_predictions_for_2018 Link to comment Share on other sites More sharing options...
drbubb Posted December 23, 2017 Author Report Share Posted December 23, 2017 HIGHLIGHTS: 2/ Metro Manila Condo leasing to remain challenging Keeping & attracting leasing tenants remains challenging, thanks to rising supply. Demand in (some) second tier & third tier cities may be more stable. 3/ Office tenancies to be lead by non-BPO's BPO demand has slowed. But the slack has been picked up by operators of offshore gaming licenses (POGO's.) Traditional companies may step up their demand in 2018. 4/ Flexible workspace growth to accelerate Size is now over 2.15 million sqm of flexible office space available, and offered to start-ups, law firms, fortune 500 co's & frelancers. Occupiers requirements are changing, and the tenants want more mobility, more flexibility. International brands are entering the market Link to comment Share on other sites More sharing options...
drbubb Posted December 23, 2017 Author Report Share Posted December 23, 2017 LOCATION related 6/ Industrial park developers head North of Luzon Major property developers are headed North, like Double Dragon, who acquired a 6.2 hectare lot in Luisita Industrial park in Tarlac. Xu Liand Dragon group has committed to develop a 3.000 ha mixed use SEZ /industrial zone in Pangasinan. Ayala is developing 31 ha industrial park in Alviera estate in Porac, and Filinvest has a 100-hectare industrial estate in Clark Green City 7/ More townships outside Metro Manila Colliers expects developers to continue building satellite communities in and around Manila using the Walkability concept: Live/Work/Play & Shopping/Lifestyle. Mixed use likely to be more popular than standalone. Focus may be on areas outside Metro-manila, like: Cavite, Laguna, Bulacan, Pampanga, Cebu & Davao. Land values will be unlocked by aggressive expansion of road networks. Link to comment Share on other sites More sharing options...
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