REAL estate services firm JLL Philippines said they are "cautiously optimistic" on the country's property market as challenges remain despite the improvement in sentiment.

"There is improved market sentiment and market reforms that we're seeing now but definitely, there are still a lot of headwinds in the short term," Janlo de los Reyes, JLL Philippines head of research and consultancy, said in a virtual briefing on Wednesday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details