The Digital Property Seeker Series 2019: Residential Supply and Demand Outlook for Q4 2018 In Partnership with Colliers Philippines

Executive Summary

This Digital Property Seeker Series focuses on the supply and demand in the residential market during the fourth quarter of 2018, covering the following residential categories in the Philippines:

  • Lot
  • House
  • Apartment
  • Condo

This study will dive deep into these categories, identifying the top locations that experienced the most supply or demand increase, along with the reasons behind them based on data gathered independently by Lamudi and ColIiers Philippines covering the given period.

The Demand section was based on three indicators: Leads, Sessions, and Pageviews.

Page views are the total number of page visits. However, they are not unique views but an aggregate of all visits. Sessions are the number of times spent by a user in searching for a property. There can be multiple page views within each session. A Lead, on the other hand, refers to a property seeker that has made a query, which, may later on be converted into a sale.

October registered as the best performing month across all categories measured by the three indicators. Overall numbers in all categories, however, declined in December.

The Apartment category had the highest percentage of pageviews, sessions and leads for the fourth quarter. In last place was the House category. It is a shift worth noting as the house category generated the most interest in all three indicators in the prior quarter.

The study’s Supply section, on the other hand, will give a brief overview of the residential real estate trends for the fourth quarter of 2018. It will also discuss the general outlook of the residential sector for the entire year and a few points on the condominiums market in particular.

Data on the estimated number of condominium units currently available in the country will also be provided. This could give an insight on how difficult it is to meet the housing shortage despite the earnest efforts of private developers and the government, as well as show the current concentration of condominium projects in Metro Manila.

Supply Overview

According to Lamudi’s exclusive data, from October to December 2018, the country saw the overall supply of its residential real estate properties take a slight dip to 7.45 percent. It was on a steady rise all throughout the year, beginning from a low of 1.72 percent in the first quarter. This jumped to 9.80 percent from April to June before peaking at 10.92 percent from July to September.

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Lamudi Puts The Spotlight On Outstanding Real Estate Brokers With Awards Night

On its third year, Lamudi, the number one online real estate platform in the Philippines, is celebrating the exemplary work of Certified Lamudi Partner brokers and agents through the Lamudi Broker Awards Night happening on February 21, 2019, at Makati Shangri-La.

Appreciating + Recognizing Talent

The Lamudi Broker Awards Night is our way to show appreciation to our most successful partners who not only grew alongside the company but helped Lamudi reach great heights in the real estate industry,” says Gilles Hage, Lamudi’s VP for Commercial Strategy

The Lamudi Broker Awards Night started in 2017 to recognize the most active, professional, and successful brokers in the industry.

Apart from the awarding ceremony, the gala will also serve as an opportunity for discussion and knowledge sharing with a leading voice in the industry addressing the present real estate landscape of the country.

Awards

The awards to be given during the February 21 awards ceremony are categorized into three: Individual, Company, and Special awards. They are the following:

Individual:

  • Most Leads Generated
  • Most Number of Listings Uploaded
  • Most Responsive
  • Top Trained
  • Broker of the Year for Luzon
  • Broker of the Year – for Visayas and Mindanao
  • Loyalty Award      

Brokerage:

  • Most Leads Generated
  • Most Number of Listings Uploaded
  • Most Responsive
  • Brokerage of the Year for Luzon
  • Brokerage of the Year for Visayas and Mindanao
  • Loyalty Award 

Special Awards:

  •  Lamudi Broker Influencer
  • Lamudi Partner Success Story of the Year
  • People’s Choice
  • Lamudi Partner of the Year
  • Lamudi Broker Ambassador
  • New Broker Award

“Real estate brokerage is more than just about selling houses; it’s about ensuring that accomplishing your work involves honesty, loyalty, and professionalism. Through the Lamudi Brokers Awards, we want to show real estate professionals that we value and appreciate these qualities,” Lamudi CEO Bhavna Suresh Chathambeth explained.

For more information, visit the Lamudi Broker Awards Night website.

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Advantages Of Being A Work-At-Home Parent

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Daniel Cheung

Being a work-at-home parent has many advantages and is a true blessing. For example, running a home office will provide you with several unique advantages that will often translate in saving money, having more spare time for your children, and avoiding the neurotic modern commuter’s lifestyle.

Here’s a run-down of the best reasons why work-at-home parenting just makes sense:

You can work from anywhere

The most obvious benefit of working at home is the flexibility; you get to make your own schedule and adapt your routine to your workload and vice-versa. This can be particularly useful when raising a child, since it means you’ll have the time and energy to do proper parenting, rather than having to sacrifice your ideals to keep up with your office duties.

You may be able to eliminate or reduce child care cost

Since working at home often means you will be able to get by without any need to hire child care services that will invariably let you save a lot of money! Not to mention that you will have the luxury of raising your children yourself, rather than having to rely on external assistance that often comes with a hefty price tag.

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Finding The Perfect Family Car

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Finding the right family car is not only a choice made by a dad who is a car enthusiast. In fact, having your own family vehicle is necessary. It will not only allow you comfort and convenience as you go through your daily schedules and tasks, or fetching the little ones to and from school, but it will also enable you to save up money in the long run. Investing on a reliable family car is also a sound choice compared to renting vans or cars whenever you travel.

Of course, finding the best family car entails careful decision making as it is a major purchase. It needs meticulous planning as it will be a regular and big expense to add up to monthly mortgages, school tuition, or groceries. Here are 3 things to consider in searching for the perfect car for your family:

Family Budget

If you have prepared earlier on and have set aside a part of your savings for years to your family car fund, then you are on the right track. But if you are hard up on cash and may not afford to buy a car in cold cash, you might want to explore securing a car loan or other forms of financing to help you get that family dream car and soon. Setting a budget that would fit your monthly earning will also prove to be a sound decision. It is also important to be on the look out for deals and promos at your local car dealers so you can get the best value for your money when it is time to purchase your dream family car. You might also want to consider getting a used car instead of a brand new one, to fit your monetary requirements. Car websites such as cars.com have a wide-range list of brand new and used cars a potential buyer or client can choose from.

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