Building Smarter and Future-Proof Homes is the New Normal
The year 2020 was a challenging time for the property sector, but there had been signs of recovery from the later part of the year. The Philippine Central Bank expects a strong recovery this year with a 7.8 percent growth [Asia Property HQ]. A report from Colliers Philippines also indicates that the property market is expected to bounce back.
Property experts remain optimistic of the opportunities ahead, as investors and homebuyers with more purchasing power start to regain their confidence in the market [source],
The lifestyle changes brought about by the pandemic emphasized the need for digital connectivity in property developments. There is an increased demand for “smart homes” in the country.
Today’s buyers look for power, water, and internet connectivity. A strong and reliable connectivity in the area is one of key factors that make customers decide to purchase a property.
As many companies will most likely continue to implement work-from-home schemes moving forward, homebuyers are looking for property development projects that are adaptable to the work-from-home setup.
