Tatler Philippines

Vic consunji VConsunji Group CEO What trends do you see in the Philippine housing sector in 2020?

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At the moment, we obviously have a very strong real-estate market. But the problem I see is a lot of condominiu­ms downsizing, even as yet there is still a small number of condominiu­ms that actually provide larger spaces for a good price. The trend I foresee is that a lot of families that are already living in, say, a one- or two-bedroom condominiu­m who are looking to expand and are running into that wall: no space. And so moving forward to 2020 and beyond, it’s going to be a trend for homeowners to try to upgrade to a bigger home.

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