Wazzup Pilipinas!
Despite the condo boom happening in Metro Manila and other major cities across the Philippines, it seems that many Filipinos based in the United States still prefer to purchase houses.
This is according to latest data from global property portal Lamudi Philippines, which looked into the search behavior of online house-hunters from January to June 2015. According to the company, almost 8 million searches were conducted in the website during the time period, and 5.28 percent of that traffic comes from USA, a country with a significant Filipino population.
More than half (57.83 percent) of all these searches from U.S.-based property-hunters in Lamudi.com.ph were for houses, according to the company’s data. Condos are the second most searched property type, comprising 16.58 percent of all searches, followed by land/residential lots (13.64 percent), apartments (8.54 percent), and foreclosures (2.35 percent).
The city most Filipino-Americans are searching for is Quezon City, at 20.35 percent of all searches for the first half of 2015. Makati comes in second at 8.49 percent, then Manila at 5.33 percent. Interestingly, Tagaytay and Baguio are the fourth and fifth most searched cities by U.S.-based online property-hunters (5.10 and 4.91 percent, respectively), outranking other popular Metro Manila LGUs like Taguig, Pasig, and Mandaluyong.
Ross is known as the Pambansang Blogger ng Pilipinas - An Information and Communication Technology (ICT) Professional by profession and a Social Media Evangelist by heart.
