Condo absorption improves as incentives unlock demand
Metro Manila condo take-up rose 17% QoQ to 8,454 units in 3Q, while unsold inventory declined 3.5% to 80,000 units and months of supply fell to 28 from 34, according to Leechiu Property Consultants (LPC). Promotions and government housing initiatives were key drivers of the improvement.
We haven't written up this one. Philippine Star Business has the full story — the link below goes straight to it.