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Colliers: Luxury condo segment resilient

GLOBAL real estate management firm Colliers said the luxury condominium market rebounded in the first nine months of 2022.

Research head and Associate Director Joey Bondoc said during the period that the luxury segment (properties priced at P8 million and above) accounted for 28 percent of total condominium take-up, up from negative 1.6 percent in the first nine months of 2021.