Philippines is a branded residence hotspot in Asia—Knight Frank

The Philippines is making a name for itself as a top destination for branded residences in Asia, according to Knight Frank.  Think affordability, growth potential, and a booming market.

Branded Residences: The Next Big Thing

Asia is already home to nearly 200 branded residence developments, and that number is about to explode!  A whopping 180 new projects are on the horizon, adding over 43,000 units to the market.

Philippines Leading the Charge

And who's leading this charge? Emerging markets like Vietnam, Thailand, and the Philippines!  We're talking about roughly 13,000 new units right here in the Philippines.

Why the Philippines?

Affordable prices compared to other markets, high growth potential, and a growing number of ultra-rich individuals looking for a piece of paradise.  International investors are also taking notice, snapping up these luxurious second homes.

Beyond the Price Tag

It's not just about the price. The Philippines also offers a stable business environment, attractive tax frameworks, and strong economic performance – all contributing to the surge in luxury real estate.

Luxury and Exclusivity

Branded residences offer a unique blend of location, style, and top-notch amenities, all backed by the reputation of established brands.  This combination of luxury, security, and exclusivity is driving the sector's impressive growth.

Second in Asia

Earlier reports show the Philippines already holds the second-largest supply of branded residences in Asia, with a 17.3% market share. Manila boasts over 4,000 units alone

Multi-Billion Dollar Market

The Asian branded residences market is valued at a staggering $26.6 billion.  With the Philippines at the forefront, this market is only set to get bigger.  So, if you're looking for luxury living with a strong investment potential, the Philippines is the place to be.