The second quarter of 2023 saw an economic slowdown due to high commodity prices and the lagged impact of interest
rate hikes. In its latest trend report, Lamudi reveals how the real estate market is holding up despite economic headwinds.
The five-year development plan for CALABARZON aims to strengthen its priority industries: information technology, metals, electronics, automotive, and petrochemicals. Further, the plan seeks to modernize agriculture and agri-business and expand employee opportunities. Cavite and Batangas received more pageviews than any other location for agricultural lots on Lamudi. Both provinces are also gaining popularity due to their suitability for agri-tourism activities and farm villa rentals.
This year, Lamudi will also be naming the Best Industrial Development of the Year, in recognition of an industrial project that enables efficient business operations and stimulates the local job market.The most prestigious award-giving body for property developers is coming back this month. The Outlook: Philippine Real Estate Awards 2023, in partnership with Bank of the Philippine Islands , is happening on September 21, 2023, at Shangri-La The Fort in BGC, Taguig.
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