Five Ways Brokers Can Better Serve Millennials

Wazzup Pilipinas!

Data show that the majority of the Philippines’ approximately 40 million Internet users are 30 years and younger, the same people who are either planning to rent an apartment or purchase their first home.

This presents an unusual predicament to real estate brokers. As most of them are very used to transacting with older, less tech-savvy customers, they may not have the selling chops and necessary patience to deal with millennials.

With this, global property portal Lamudi Philippines dishes out five tips for capturing and dealing with the millennial homebuyer.


1. Give Them More Options

In the advent of the Internet, too much information is a good thing, especially in real estate, and millennial customers embrace this with glee. Nowadays, a typical online customer would have looked at least 10 websites before making an inquiry, and that gives them a lot of power over the purchase. As information is literally at the fingertips of your young would-be customers, it would be better to offer them as many options as you can.

Where Can You Reside If You Have Five Million Pesos?

Wazzup Pilipinas!

Value for money, strategic location, and distinct amenities – these are the top qualities that house hunters look for in their investment search. With this in mind, Lamudi Philippines outlines five properties in Metro Manila that fits the Php5 million financial plan of homebuyers.


Pacific Place Ortigas Condominium – Pasig 

A walkable district with work, leisure, and learning options for you and your family offers a 100-sqm three-bedroom condominium unit. Ortigas, one of the busiest business districts in Metro Manila, highlights a complete urban lifestyle for on-the-go professionals. Live near one of the biggest malls in Asia and be surrounded by a healthy wave of delicious eats and nightlife to boot.


Ponteverde, BF Resort Las Piñas

Live the southern vibe for Php5 million in a fully fenced house and lot in BF Resort. This property has three bedrooms, three bathrooms, a maid’s room, an auxiliary kitchen, utility area, lanai garden, and a garage for one car. More than its amenities and features, you also bargained for a community-oriented, city lifestyle.


Three-bedroom Townhouse, San Juan

A classy townhouse at the heart of shopping mecca that is San Juan City is a three-bedroom townhouse. Sitting on a lot measuring 42 sqm but boasting a floor area of 116 sqm, you have ample living spaces perfect for growing families. San Juan is not only known for its shopping district but also for its rich history and delightful gourmet finds.


Uptown Bonifacio, Taguig

Bonifacio Global City (BGC) is one of the most sought-after locations both for residential and corporate needs of investors. A 33-sqm one-bedroom unit in Uptown Parksuites starts at Php5 million and comes with a sleeping den, combined living and dining area and dreamy amenities. Bask in the luxurious setting of BGC and live steps away from exciting leisure centers.


One-Bedroom Condo, Salcedo Village, Makati

Live at the heart of the busiest business district in Metro Manila while staying within your Php5 million target. Pretty much everything you need and more is in Makati. Truly a comfortable lifestyle in a vibrant cosmopolitan setting.

Where to Find Metro Manila’s Cheapest and Most Expensive Office Spaces

Wazzup Pilipinas!

Companies looking for an affordable office space to rent should head to Quezon City to find cheap commercial properties. Based on Lamudi Philippines’ analysis of price data of its commercial property listings, Metro Manila’s largest city has the most affordable office space for rent, averaging Php503.79 per sqm.

The analysis also found that Quezon City’s most expensive office space for rent, located in Eastwood City, has a monthly asking price of Php1,208 per sqm, while the cheapest costs Php185 per sqm per month.

At the other side of the price spectrum are Taguig and Makati, Metro Manila’s most expensive cities for real estate, where office rents average Php763 and Php635 per sqm per month, respectively.

Makati, however, boasts the metro’s priciest office spaces. Office blocks in the city’s trendy Ayala Avenue command monthly rents as high as Php1,400 per sqm, while the city’s cheapest offices have asking monthly rents of Php300 per sqm.