Philippines Branded Residences Market Snapshot 2026

Overview

The Philippines Branded Residences Market Snapshot 2026 provides an overview of the country’s branded residences market. In 2026, the market reached PHP235.5 billion (USD3.8 billion) in value across 7,433 launched units, with supply concentrated in condominium developments across Metro Manila and Metro Cebu.

Investor Highlights

• Market Value, Launched Units and Unit Pricing
• Development Type and Chain Scale Positioning
• Supply by Product Type and Destination
• Metro Manila and Metro Cebu Supply Concentration

Supply Concentrates in Major Cities, Led by Mixed-Use and Upscale Developments

The Philippines’ branded residences market reached PHP235.5 billion (USD3.8 billion) across 7,433 launched units in 2026, the third-largest launched supply in Asia after Thailand and Vietnam. Within Asia’s USD40 billion branded residences market, up 30.3% year-on-year across 50,025 launched units, the Philippines ranks third by launched units yet fifth by market value, at an average USD514,000 per unit.

Supply is 97% condominiums, while landed properties and hybrid products remain the minority. By chain scale, the upscale tier holds the largest share at 66% of developments, while the luxury tier accounts for 26% of the 38 properties. The weighting toward upscale over luxury reinforces the market’s accessible, volume-driven positioning.

The development mix is led by mixed-use at 40% of units (4,866 units), ahead of projects co-located with a hotel at 33% and standalone at 27%, making Philippines one of Asia’s highest shares of mixed-use branded residences

Supply concentrates in the two largest metropolitan areas. Metro Manila leads with 39% of national supply (4,814 units) and Metro Cebu follows at 28%, together accounting for two-thirds of the Philippines’ 12,299 total supply units.