AFTER a strong start in the first quarter of 2026, the outlook for the Philippines' residential condominium property market for the rest of the year is less bright as the Middle East crisis strains remittances, drives inflation, and increases construction costs. One silver lining is the strong performance of the affordable and economic markets in Metro Manila. This was the assessment of real estate advisory firm Colliers Philippines at its virtual Q1 2026 Philippine Property Market Briefing on April 30.

“We are still looking at the impact of the Middle East crisis,” Colliers Philippines Director and Head of Research Joey Roi Bondoc said. “The Philippine property market is cyclical. Periods of economic uncertainty and turbulence usually affect the condominium demand and put downward pressure on prices.”

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