Metro Manila’s condo oversupply is localized in Pasay, Parañaque, and Muntinlupa, not market-wide. Key issues include rising prices (up 300% vs 21% income growth), lower rental yields at 2–4%, and high transaction costs cutting resale profits. Despite challenges, demand from end-users, investors, and luxury buyers remains, with reforms on zonal values, VAT, and buyer incentives seen as crucial to restoring affordability and market liquidity.

PRIME Philippines, founded in 2013 by Jettson P. Yu, is set to expand its real estate advisory and brokerage services across Asia-Pacific. Once a startup facing skepticism, it has grown into one of the country’s fastest-growing consultancies by challenging tradition, highlighting emerging markets, and promoting industrial real estate. With global ambitions, PRIME aims to be the first homegrown Philippine firm to provide real estate insights and solutions abroad.

METRO MANILA’S CONDOMINIUM OVERSUPPLY IS STRICTLY LOCALIZED, NOT MARKET-WIDE Contrary to common narratives, Metro Manila is not...