Property market may bottom out soon–Leechiu exec

MANILA, Philippines – The Philippine residential property market may be nearing the bottom of its downturn, although a sustained recovery will still depend largely on the broader economy and global developments, according to an executive at Leechiu Property Consultants.

In an interview with reporters, Leechiu Property Consultants director Roy Golez said there are encouraging signs that the residential segment is stabilizing after a prolonged slowdown, even as his company’s outlook for the second half of 2026 remains cautious.

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“A lot of it depends on the economy. Our outlook for the next half of the year, it might be difficult,” Golez said.FEATURED STORIES