GRIP

Real Estate

Philippine property is a city, then a building

Land and condominiums are different legal objects. Metro Manila and a holiday island are different markets.

Bonifacio Global City towers rising behind dense low-rise neighbourhoods

Real EstatePhilippines

Property note. What can be held, and in what kind of building. Cities are read on the country hub.

The longer country file is the Philippines market hub.

What can be held is the question. Land and a condominium are different legal objects. The country hub states the statute, including the foreign share of a condominium corporation. A company or a lease needs its own counsel. It is not a way around that statute.

A residential tower, an office and a resort unit do not share a tenant. Which city that tenant is in is the country hub. This page does not list units and does not state a yield.