Metro Manila condo oversupply worsens, with 8.2-year market absorption time — Colliers

Metro Manila’s condominium oversupply reached a record high last year, with unsold units expected to take over eight years to be fully absorbed by the market, according to Colliers Philippines. Unsold units surged by 77% in 2024 to P158 billion worth of inventory, up from P89.6 billion in 2023, Colliers Philippines Director and Head of