In the Philippines, the progress of the real estate sector can be observed in the demand for residential property, whether it be via purchase or rent. Research from Santos Knight Frank reports that from 2020 to 2024, studio and one-bedroom units in condominiums are the most preferred residential properties in most areas of Metro Manila. This research is reflected in the rise of high net worth individuals (HNWIs) from different industries in the metro—including Cebu—and the development of transportation, hence its resilience in the pre-and post-pandemic economy. Despite fluctuating growth and decline in the latter eras, residential property has proven its dynamic nature by becoming short-term rental spaces via Airbnb and other platforms. The year 2022 saw optimism in the residential market due to the ease of health restrictions and recovery in labor activity. 2023 saw not just the demand from emerging HNWIs but also interest from foreigners seeking to invest in residential property. For this reason, developers regained confidence in constructing more projects. 2024, on the other hand, saw a preference for second homes outside Metro Manila, with almost 42% in selling rates, and Tagaytay being the most favored location. Today, the condominium remains the most preferred residential property among emerging HNWIs.

From 2023-2024, the Philippines boasts a competitive labor rate and business-friendly policies under the Marcos Jr. administration—PEZA incentives being one of many benefits. While vacancy rates continue to fluctuate over time, the rise of co-working spaces has been highly evident, given that 28% of the Filipino workforce favors remote/work-from/home set-ups and most have begun to prefer freelancing. Given this trend, some landlords have converted former office and commercial spaces to cater to such a demand—further proving the resilience of the real property sector to the ever-changing times. While more and more co-working spaces may emerge due to the prevailing preference of the workforce for remote/work-from-home set-ups, 51% of office space occupiers in the Asia-Pacific region are leaning on enhancing the quality of space to reimagine work environments befitting contemporary standards.