News

Affordable housing units in Cebu under PHP 2 million comprise 18% of the current market inventory

Posted on Sun, Jan 26, 2025 8:48 PM by Marivil Du, REB in Marketing Ideas

In 2025, Cebu's affordable housing market is shaped by key factors from recent years. Back in 2023 and 2024, there was a strong push to meet the housing needs of low- and middle-income families. This effort was largely due to the growing affordability gap and the rise of informal settlements, as noted by the Triple Line Consulting report. The focus was on creating more access...

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At least 70% of residential properties in Cebu are bought with housing loans

Posted on Sun, Jan 26, 2025 8:40 PM by Marivil Du, REB in Marketing Ideas

In Cebu, over 70% of residential properties are bought using housing loans. This trend is driven by the growing demand for housing as Cebu's population continues to rise. With more people moving to the city, the need for new homes is increasing, pushing many to seek financial help through loans. Single-detached houses and condominiums are popular choices, but they often co...

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A three-bedroom house in Cebu’s suburbs costs PHP 8-12 million on average

Posted on Sun, Jan 26, 2025 8:27 PM by Marivil Du, REB in Marketing Ideas

Cebu's real estate market is on the rise, with property prices climbing steadily. Thanks to improved infrastructure and a booming business scene, Cebu is becoming a hotspot for property buyers. The city's growing tourism industry is also playing a big role, driving up demand for housing. This means that if you're considering buying a property here, you're not alone—ma...

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House and Lot Rental Market Trends in Cebu

Posted on Thu, Jan 23, 2025 11:03 AM by Marivil Du, REB in Tips and Advice

House and Lot Rental Market Trends in Cebu Cebu's house and lot rental market has experienced notable developments, influenced by economic growth, urbanization, and evolving tenant preferences. Here's an overview of the current trends: 1. Rental Rates and Yields The median rent price for houses in Cebu is approximately PHP 88,102 per month. This rental rate reflects the demand for...

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