Philippine Property Market: Construction Outlook Steadies, Industry Honors Its Rising Stars

Today's roundup looks at what's ahead for the Philippine construction sector and celebrates the industry's standout performers this year.

Philippine construction eyes 2026 stabilization despite headwinds

A construction industry consultancy expects cost growth to hold steady at roughly 1 to 2 percent in 2026, giving builders more predictable pricing even as risks from government spending shifts, commodity supply, and global shocks persist. Retail property is tipped to gain momentum through mall redevelopments and a growing appetite for experiential shopping, with developers pushing further into fast-growing provincial hubs like Pampanga, Cebu, and Davao. Meanwhile, citing Colliers Philippines data, the report anticipates Metro Manila's office vacancy staying high but easing gradually as new supply slows. According to BusinessMirror, these trends point to a market seeking stability after a turbulent stretch.

Developers define real estate excellence with record-setting wins at the 14th PropertyGuru Philippines Property Awards

The 14th PropertyGuru Philippines Property Awards celebrated the country's leading developers and rising talents, headlined by Monica D. Lorenzo of Torre Lorenzo Development Corporation, who took home the Rising Star award for her expanding influence in the sector. Organizers highlighted a winners' roster spanning veteran industry names and emerging regional players, reflecting the Philippine market's growing pull for international investment. Award recipients now move forward to compete in the regional Grand Final. According to Asia Property Awards, this year's edition marked one of the program's most diverse showings yet.