Buoyed by Infrastructure and Urbanization: Provincial Real Estate Developments Set to Shine in 2025
Introduction
As the Philippines continues to evolve, the real estate landscape is undergoing a significant transformation. With infrastructure improvements and urbanization at the forefront, provincial real estate developments are poised to thrive, particularly in 2025. This article delves into the insights shared at the recent Asia Connect: Cebu event, which marked the launch of the 13th edition of the PropertyGuru Philippines Property Awards, highlighting the emerging property markets in the Visayas and Mindanao regions.
The Rise of Provincial Real Estate Markets
Traditionally dominated by the National Capital Region, the Philippine real estate market is witnessing a shift. Visayas and Mindanao are stepping into the spotlight, showcasing vibrant places to live, work, and thrive. Industry leaders gathered at the Fili Hotel NUSTAR in Cebu to discuss this evolution, emphasizing the untapped potential of these regions.
The 13th PropertyGuru Philippines Property Awards, part of the broader PropertyGuru Asia Property Awards series, is set to celebrate excellence in real estate across 15 dynamic markets. This year marks a historic milestone, as the series reaches its 20th edition in 2025, reinforcing its reputation as the Gold Standard in Asia’s real estate sector.
Key Dates for the 2025 Property Awards
The timeline for the 2025 PropertyGuru Philippines Property Awards has been unveiled, with key dates including:
June 6, 2025: Entries Close
June 23 – July 11, 2025: Site Inspections
July 14, 2025: Final Judging
August 15, 2025: Gala Dinner and Awards Ceremony in Manila
December 12, 2025: Regional Grand Final Gala Dinner and Awards Presentation in Bangkok
These dates mark a significant journey for developers and projects aiming for recognition in the competitive real estate market.
Next Frontiers in Real Estate
The Asia Connect: Cebu event highlighted the healthy competition and growth opportunities in Visayas and Mindanao. With a focus on suburban and landed development, several hubs in these regions are emerging as viable alternatives to Metro Cebu, Metro Davao, and Metro Manila.
The Philippine government’s Build Better More initiative, a multi-trillion-peso infrastructure and energy program, is expected to significantly boost provincial real estate growth. Ongoing efforts by the Philippine Economic Zone Authority (PEZA) to promote eco-zone investments will further enhance sustainable developments and job creation. Infrastructure projects, including the modernization and expansion of airports, are set to complement the push for international tourism in 2025, benefiting hospitality and resort-themed developments.
Celebrating Excellence in Real Estate
The 12th PropertyGuru Philippines Property Awards in 2024 recognized numerous developers and projects from Visayas and Mindanao. Notably, Cebu Landmasters, Inc. (CLI) received the Best Developer (Mindanao) award, alongside accolades for various Visayas-based projects. This recognition underscores the growing prominence of these regions in the national real estate landscape.
B. Grant Cheng, CFA, EVP & CFO of Cebu Landmasters, emphasized the company’s commitment to sustainability and innovative financing. Their pioneering Sustainability-Linked Bonds have garnered significant interest, reflecting the market’s demand for sustainable practices in real estate.
New Categories for Recognition
The upcoming 13th PropertyGuru Philippines Property Awards will introduce 123 categories to honor excellence in property development and design. Among the new categories are:
Best Township Developer
Best Community Developer
Best Oceanview Condo Development
Best Affordable Condo Interior Design
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, expressed pride in providing a platform for outstanding developments from Visayas and Mindanao, which are rapidly becoming two of the Philippines’ fastest-growing regions.
The Future of Real Estate in the Philippines
Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. and chairperson of the judging panel, highlighted the resilience and expansion of the Philippine property market. The improved connectivity from infrastructure investments is expected to drive demand, particularly in townships and tourism-driven projects.
As the industry becomes more diverse and adaptive, the awards will showcase the remarkable enterprises and developments emerging from Visayas and Mindanao. Affordable and mid-income developments are anticipated to perform well, with suburban expansion accelerating across growth areas outside Metro Manila.
Conclusion
The Philippine real estate market is on the brink of a transformative era, driven by infrastructure advancements and urbanization. As provincial developments gain momentum, the 2025 PropertyGuru Philippines Property Awards will serve as a testament to the innovation and excellence within the industry. With a focus on sustainability and community-driven projects, the future looks bright for real estate in the Visayas and Mindanao regions, promising a wealth of opportunities for developers and investors alike.
For more information about the PropertyGuru Philippines Property Awards, visit AsiaPropertyAwards.com.