SunStar Publishing Inc.
NATIONAL developers continue to launch projects in Metro Cebu as they are optimistic about the locale’s potential for growth even beyond 2024. In its latest market report, Colliers Philippines noted that Cebu remains one of the most attractive and largest residential hubs outside of Metro Manila.
These projects, classified as affordable to luxury in terms of the total contract price per unit, are dispersed across the cities of Cebu, Mandaue and Lapu-Lapu. Upscale, luxury market Moreover, Colliers believes that the market for upscale and luxury residential units in Cebu is likely to expand so developers should further address investors’ and end-users’ appetite for these units.
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