The astute investor knows that in every challenge, there is an opportunity – and the COVID-19 pandemic is no different. While the global pandemic has reshaped our lives and ways of doing business, as well as realigned our priorities, it has also brought out innovation. In the real estate sector, developers have pivoted to adapt to the changing landscape.
Today, real estate buyers have more choices than ever at their fingertips – and planning, evaluating, and making real estate investments have never been as convenient.
While the pandemic has caused an initial cooling of demand across all real estate categories, pre-selling condominium units have since seen a stable take-up. In the first nine months of 2020 alone, Colliers Philippines notes that the number of sold units outpaced total number of launches, indicating sustained demand.
Strategic real estate investors always take the long view. Grounded by research and sound financial planning, buying a condo today can hold potential for healthy, long-term returns.
If you need further convincing, here are four reasons why condominiums remain to be an advantageous investment vehicle: