THE Southern Tagalog mainland has drawn much interests from among the property seekers compared to the National Capital Region (NCR) amid the coronavirus disease 2019 (Covid-19) pandemic, revealed a study.
Based on the latest trend report, dubbed “The Outlook by Lamudi: Provincial cities and overseas interest contribute to real estate resilience,” in partnership with Colliers Philippines, provinces near Metro Manila, particularly those in Region 4A, recorded the greatest jumps in interest for both pageviews and leads on the property portal over the last six months of 2019 to the first half of 2020.
The research showed that homebuyers from Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon) are more active in viewing and making inquiries. Also, the growth in leads was larger than in pageviews.
Accordingly, Calamba (37.34 percent), General Trias (30.45 percent), Santa Rosa (27.22 percent) and Lipa (26.87 percent) posted the highest change in leads, indicating a high property seeker interest in these areas.
This is likely because of their close proximity to the metropolis and relatively low property prices, bared the study.
Other places in the administrative region that fairly attracted potential customers were Antipolo (20.24 percent), Silang (18.71 percent), Cainta (18.34 percent), and Imus (13.92 percent).
Surprisingly, Cagayan de Oro (24.73 percent) appeared as the lone provincial city outside of Luzon to register such a big increase in leads, while San Fernando (16.33 percent) was just at a modest level.
In terms of pageviews, Lipa (18.69 percent) marked the highest traffic, followed by Antipolo (17.40 percent), San Fernando (16.46 percent), Calamba (16.30 percent), Cagayan de Oro (14.34 percent), Silang (10.03 percent), Cainta (6.47 percent), General Trias (6.47 percent), Sta. Rosa (3.34 percent) and Imus (1.41 percent).
While Calabarzon properties outperformed those in the NCR, some areas in the fringes of Metro Manila still managed to get positive response from prospective clients.
When it comes to leads and pageviews, respectively, Valenzuela accounted for 35.63 percent and 34.99 percent, Marikina at 19.16 percent and 28.82 percent, Pateros at 17.67 percent and 20.18 percent, and Caloocan at 16.58 percent and 15.36 percent.
Lamudi said in its study that the move toward provincial cities, complemented in part by lower population, fewer Covid-19 cases, and eased community quarantines, may continue in the near to medium term.