"The removal of extra stamp duty to non-first-time homebuyers lead more buyers from this group to enter the market. The proportion of buyers who already owned one or more residential properties stood at 44%, a significant increase from only 16% during the same period in 2023."

"Despite the challenges facing the manufacturing market, demand for high-grade factories remains strong, driven by a government-led push to lead the way in new economy industries such as NEVs, solar panels, and batteries. China reigns pre-eminently in these fields while it continues to look for new industrial highlands."

"Amidst ongoing economic uncertainty and various global challenges, the premium or luxury apartment market made only very modest progress in 2024, registering small increments in supply and demand."

"The flourishing retail sector in the Philippines’ capital is being driven by a diverse consumer population and a growing demand for both local and international brands in key submarkets. As a result, new retail developments and the expansion of existing shopping hubs are rising to meet this increasing demand."