Affordable’ Isn’t Real: Surplus of Condos in Metro Manila Shows Buyers are Walking Away
Thinking of owning a condo? Metro Manila’s condominium market is facing a reckoning. After years of aggressive pre‑selling strategies, ultra‑low monthly payments, and extended in‑house financing schemes, thousands of buyers are now backing out of purchases they once believed were affordable. According to property consultancy Colliers Philippines, 9,000 condominium purchases fell through in the first […]
Power to the People: Filipinos May Soon Be Able to Choose Electricity Provider
Philippines is preparing for one of the most consequential transformations in its energy sector since the passage of the Electric Power Industry Reform Act (EPIRA) in 2001. For the very first time, regulators envision a future where every Filipino household–from the largest factory to the smallest home–can choose its preferred electricity supplier. Targeted for full […]