Helped by a
significant number of searches for houses and lots for sale, Cebu
City is ostensibly the most in-demand among online property-seekers
looking to buy or rent properties outside of Metro Manila.
Gathering onsite
search data from the first to third quarters of 2016, Lamudi
Philippines, the leading real estate marketplace in the country,
determined that the Visayas’ center for business and commerce is
the most searched area outside Metro Manila among Lamudi users.
Expectedly, the country’s third most important city (and largest in
terms of land area), Davao City, comes in third as well.
The most recent data
also indicated that traditional house and lots remain the most
popular property type searched for among those looking outside Metro
Manila, despite the rise of new apartment complexes and condominium
developments in some of these areas. The latter two property types,
however, were the following two most searched property types.
In Cebu City, for
instance, 55% of property-hunters who visited the Lamudi website from
January to September 2016 were looking for houses, followed by
apartments and condos. In the cities, the proportion of those looking
for houses is even much higher: almost 87% in Antipolo, 84% in
Bacoor, 85% in Santa Rosa, and 78% in Imus. It is interesting to note
that these cities are dubbed as “bedroom communities”—places
that are home to a large number of people who commute to and work in
Metro Manila.
Percentage
of search volume by property type in the top 10 most searched cities
outside Metro Manila
CITY
|
Houses
|
Apartments
|
Condominium
|
Land
|
Other
property types
|
Cebu
|
55.48
|
20.34
|
14.56
|
7.39
|
2.23
|
Davao
|
73.94
|
7.83
|
4.39
|
13.19
|
0.65
|
Tagaytay
|
78.06
|
0.00
|
4.62
|
14.80
|
2.51
|
Antipolo
|
86.94
|
0.35
|
0.00
|
12.33
|
0.37
|
Bacoor
|
84.61
|
10.19
|
0.00
|
4.45
|
0.74
|
Baguio
|
72.23
|
5.25
|
4.19
|
17.12
|
1.21
|
Imus
|
78.50
|
18.37
|
0.00
|
2.18
|
0.94
|
Santa
Rosa
|
85.27
|
1.90
|
2.43
|
8.13
|
2.27
|
Lapu-Lapu
|
80.70
|
11.77
|
4.33
|
2.35
|
0.84
|
Mandaue
|
24.58
|
57.04
|
9.90
|
5.97
|
2.50
|
Other areas that
were tops among most searched areas outside Metro Manila were
Lapu-Lapu City and Mandaue City, two places included in Metro Cebu.
Baguio City, the long-time Summer Capital in the Philippines, was the
area sixth most searched, where its real estate landscape resulting
in houses and lots being the most looked for in the city.
While the data
gathered was centered on placed outside Metro Manila most searched
for property for sale or rent online, it must be noted that four of
the top 10 areas are relatively a short distance away from the
Philippine capital, and are places considered part of the Greater
Manila area. They are Antipolo, Bacoor, Imus, and Santa Rosa. On the
other hand, Lapu-Lapu City and Mandaue, which are both parts of Metro
Cebu, generated a huge amount of search as well. In addition,
traditional touristy places Baguio and Tagaytay generated plenty of
online searches, most likely from people looking for vacation homes.
*This is Press Release
No comments:
Post a Comment